3-bedroom house · SA11 4AT
For saleReduced £5k (−4.8%) on 21 SepListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the sought-after residential area of Hill Street, Melin Court, this three-bedroom home presents an excellent investment opportunity, offered for sale with a tenant in situ and generating immediate rental income.
Upon entering the property, you are welcomed into a lounge area.
The lounge flows directly through to the kitchen, The kitchen offers ample storage and workspace, with convenient access to the rear of the property.
The ground floor also benefits from a well-appointed family bathroom.
To the first floor, the property comprises three bedrooms, offering flexible accommodation suitable for families, sharers, or continued rental use.
Each room provides good natural light and practical proportions.
Located within easy reach of local amenities, transport links, and schools, this property combines convenience with strong investment potential.
Being sold with a tenant in situ, it offers a ready-made addition to any rental portfolio with immediate return from day one. Early enquiry is recommended to appreciate the opportunity on offer.
Entrance Entrance to hallway, staircase leading to the 1st floor. Wall mounted consumer unit, radiator, laminate flooring.
Dining Room (3.09m x 2.88m (10' 2" x 9' 5")) Double glazed window to front, opening to Lounge (3.30m x 4.25m (10' 10" x 13' 11")) Double glazed window to the front, Wooden fire surround with inset gas fire, radiator.
Kitchen (2.40m x 2.75m (7' 10" x 9' 0")) Double glazed window to the side rear, upvc rear door to side giving access to the rear garden.
A range of wall & base fitted units with stainless sink unit with mixer tap over, work top. Space for a cooker, space for fridge freezer, plumbing for a washing machine, vinyl flooring, radiator.
First Floor Landing area, attic entrance. Doors to. Bedroom 1 (2.79m x 3.45m (9' 2" x 11' 4")) Double glazed windows to the front, radiator.
Bedroom 2 (2.51m x 2.19m (8' 3" x 7' 2")) Double glazed window to the rear, radiator. Bedroom 3 (3.49m x 2.29m (11' 5" x 7' 6")) Double glazed window to the rear, radiator.
External Enclosed low maintenance paved rear garden, with side gated access, Rear Garden is over looking the children's play park. Bathroom (2.53m x 2.60m (8' 4" x 8' 6"))
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 24, Hill Street, Neath
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