5, Heol Y Felin, NEATH, West Glamorgan, SA10 9BD

Description

Former commercial property with approved planning for change of use from a club to residential dwelling together with external alterations and openings and retrospective consent for demolition of existing flat roof two storey extension, rear staircase structure and dance hall - P2025/0831. The existing layout provides a blank canvas for developers and investors to reconfigure and maximise the available space. Externally, the property benefits from surrounding land further enhancing its development potential in our opinion.

Location

Conveniently situated close to local amenities, transport links, and within easy reach of Neath and the M4 corridor.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆