44 Neath Road, Maesteg, Mid Glamorgan, CF34 9EE

Description

Three bedroom semi-detached property in need of extensive renovation. The property comprises an entrance hall, three reception rooms, kitchen and lean-to to the ground floor. To the first floor there are three double bedrooms and a bathroom. Externally the property benefits from front and rear gardens with additional land to the rear which previously housed a garage.

Accommodation

Ground floor: entrance hall, three reception rooms, kitchen and lean-to. First floor: three double bedrooms and a bathroom. Externally: front and rear gardens with additional land to the rear which previously housed a garage.

Location

The location benefits from local shops, cafés and everyday amenities on the High Street. Schools and Maesteg Train Station are within easy reach, providing links to Bridgend, Cardiff and surrounding areas.

Tenure / Property Information

Investment Analysis

Same-road completed sales provide a broad headline benchmark of £202,500–£225,000: 31 Neath Road sold for £202,500 in 2021, while 46 and 47 Neath Road sold for £222,000 and £225,000 in 2022 and 2021. The subject requires extensive renovation, but no condition-adjusted valuation or refurbishment budget is supplied. A provisional base GDV of £215,000 is therefore used only as an evidence-based scenario, not a formal valuation.

Investment Snapshot

Strategy Recommendation

Proceed only after a full inspection, detailed renovation quotation and confirmation of auction special conditions, parking, heating and any seller charges. The guide appears low against same-road sales, but the extensive renovation uncertainty prevents a reliable bid ceiling.

Works Required

Extensive renovation is described, but the evidence does not specify the individual defects or required scope. Obtain a full inspection and contractor schedule before bidding, including the condition of the three reception rooms, kitchen, lean-to, bathroom, bedrooms, services, gardens and former garage land.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £50,000 guide, the known purchase price plus the £1,800 inclusive buyer administration charge is £51,800 before any seller charges, finance, tax or works. A 75% refinance against the provisional £215,000 base GDV would be £161,250, but cash left in cannot be calculated without a supported refurbishment budget and complete acquisition costs.

Buy-to-Let Analysis

BTL yield cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. The property also requires extensive renovation, so the investment case depends on confirming achievable rent and total works cost.

Flip Analysis

The provisional resale benchmark is £202,500–£225,000 based on completed same-road sales. A flip surplus cannot be calculated because no refurbishment cost, selling allowance, finance cost or complete purchase-cost information is supplied.

Investor Risks & Due Diligence

• Extensive renovation is stated but the defects and full works scope are not supplied.

• No sufficiently specific rental evidence is available, so yield and rental strategy cannot be assessed.

• Additional seller charges may apply under the special conditions of sale.

• Parking and heating details require confirmation from the auction centre.

• The former garage and additional rear land are described, but no planning, title or development rights evidence is supplied.

Recommendation

Proceed only after a full inspection, detailed renovation quotation and confirmation of auction special conditions, parking, heating and any seller charges. The guide appears low against same-road sales, but the extensive renovation uncertainty prevents a reliable bid ceiling.

Strategy Rating

Analysis Confidence

The analysis has several close same-road completed sales and a known guide price and buyer charge, but lacks condition-adjusted valuation evidence, refurbishment costs, rental evidence, EPC, services information and potentially applicable seller charges.