12 Main Road, Cilfrew, Neath, SA10 8LP

Description

A spacious three bedroom semi detached house in need of full refurbishment on large plot. An opportunity to purchase a substantial three bedroom semi detached stone built house requiring full refurbishment. The property sits on a large plot providing off road parking, and is suitable for extending the current accommodation subject to all necessary consents. There are also attractive open aspect views to the rear of the house.

Accommodation

Ground Floor: Entrance Hall, through lounge/sitting room, dining room, kitchen and bathroom. First Floor: Three bedrooms. Outside: Off road parking to the front of the property. Side access to large rear garden.

Location

Cilfrew is a vibrant and active community village which benefits from excellent transport connections with direct access to the A465 and the M4 corridor to Swansea, Cardiff and the wider South Wales region and is therefore within easy reach for commuters. Essential amenities are conveniently close at hand, while Neath town centre offers a variety of shops, supermarkets, schools and leisure facilities. Regular bus routes and public transport services enhance the property’s appeal.

Tenure / Property Information

Investment Analysis

Recent same-road semi-detached sales were £145,000 in August 2024 and £173,000 in January 2026. A base GDV of £159,000 is used as the midpoint, with an evidence-based range of £145,000–£173,000. The property requires full refurbishment, so the comparables may not directly reflect its post-works value. No reliable refurbishment cost, legal-pack charges or extension value is supplied.

Investment Snapshot

Strategy Recommendation

Potential refurbishment-led BTL or resale, but proceed only after confirming tenure, legal-pack charges, condition and a contractor-priced works schedule. Do not rely on the headline rental yield or set a maximum bid until those costs are known.

Works Required

Full refurbishment as described, including renewal or improvement of the existing accommodation and services where required. Any extension or alteration should only be considered subject to survey findings, planning permission and other necessary consents. Specific defects and costs are not supplied.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £159,000 base GDV, a 75% refinance is approximately £119,250. However, total project cost and cash left in cannot be calculated because no refurbishment allowance or full legal-pack costs are supplied. The strategy may have potential, but requires a detailed survey, works schedule and legal-pack review before bidding.

Buy-to-Let Analysis

The supplied rental evidence is a single advertised asking rent of £2,195 pcm for a three-bedroom semi-detached house in Neath; it is not an achieved rent and may not be directly comparable. At the £99,000 guide, this indicates a gross yield of approximately 26.6%, before refurbishment, finance, management, voids, maintenance and other costs. A reliable net or total-cost yield cannot be established without refurbishment and legal-cost figures.

Flip Analysis

The evidence supports a post-works GDV range of £145,000–£173,000, with a £159,000 base case. Flip surplus cannot be calculated because refurbishment costs, selling costs and additional auction/legal charges are not supplied. The full-refurbishment requirement creates material cost and execution risk.

Investor Risks & Due Diligence

• Full refurbishment is required, but no condition survey or works cost is supplied.

• The rental figure is an advertised asking rent rather than an achieved rent and is not confirmed as directly comparable.

• Tenure and legal-pack terms remain unconfirmed.

• Additional legal-pack charges, search fees, seller-cost reimbursements, legal fees, transfer fees and disbursements may apply.

• Any extension or development potential is subject to necessary consents and has not been valued.

• EPC rating G may indicate significant energy-efficiency requirements, but specific remedial works are not supplied.

Recommendation

Potential refurbishment-led BTL or resale, but proceed only after confirming tenure, legal-pack charges, condition and a contractor-priced works schedule. Do not rely on the headline rental yield or set a maximum bid until those costs are known.

Strategy Rating

Analysis Confidence

Recent same-road sold comparables and a guide price are available, but refurbishment costs, achieved rental evidence, tenure details, full legal-pack charges and selling costs are incomplete.