INVESTOR ZONE
Key Properties UK
INVESTOR ZONE
Key Properties UK
Investor Zone
Available Now
- lON COED BRAN
- Peniel road
- dale close
- peter terrace
- Banwell Street
Dale Close
This is a 2 bed property on the edge of Swansea in a sought after area called Fforestfach. The property is small and in a poor condition as you will see from the photos.
It will make a great rental property or flip project.
Flip
Valuation
R.O.CE.
Equity
Money Left In
Months To 100% Return
Comparables
There are some great comparables for the area but nothing will trump the fact that the house next door sold in March 2019 for £94k. It is only 48sqm whereas ours is 57sqm. It is very similar in terms of design and build with a similar garden except it is smaller and, although decorated nicely, not refurbished with a dated kitchen.
https://www.zoopla.co.uk/property/35-dale-close/fforestfach/swansea/sa5-4nx/20590133
There's also a 2 bed currently available for rent for £550 on the same street:
https://www.onthemarket.com/to-rent/property/sa5-4nx/?radius=0.25&view=grid
Recently Sold
- SOLD - 3 Bed Terrace - £70k
- sOLD - Off Market 3 Bed NP11
- SOLD - 3 Bed Terrace
3 Bed Terraced House Swansea
A fantastic buy to let or flip opportunity available in Swansea that we have secured for £70,000
Valuation
R.O.CE.
Equity
Money Left In
Months To 100% Return
If you've never seen our calculations sheet before please click through to the investor information page that gives a full walk through of it and much more besides
The Refurb
This property requires a cosmetic refurbishment totalling £13,750
This will include an as new interior including a new kitchen and bathroom, freshly painted walls and new flooring throughout.
Rental Comparables
Rental comparables available for the area now showing a £650 pcm valuation:
- SOLD - 3 Bed Semi - £70k
- SOLD - 3 bed detached £85k
- SOLD - - 59% ROCE
- SOLD - 2 bed terrace
3 Bed Semi Detached
A fantastic buy to let or flip opportunity available in Swansea that we have secured for £70,000.
Valuation
R.O.CE.
Equity
Money Left In
Months To 100% Return
If you've never seen our calculations sheet before please click through to the investor information page that gives a full walk through of it and much more besides
The Refurb
This property requires a major refurbishment totalling £20,550
You will see on the itemised listing in the spreadsheet above that we have allocated monies for a Japanese Knotweed Management Programme. This is the level of treatment required to make this property mortgageable.
The interior will be fresh and new, new kitchen, new bathroom, freshly painted walls and floors.
Our refurbishments are to the highest standards and oftentimes come with our unique 12 month warranty on works completed.
Rental Comparables
Rental comparables available for the area now showing a £650pcm valuation:
Contact us if you have any questions at all
Martin Howard – Director
E: martin@keypropertiesuk.co.uk
M: 07851 873995
T: 01749 605 037
Or book a call at a time that suits you