Ritson Street, Neath
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 1.6 miles from M4
- 3 double bedrooms
- Chain free
- Fitted Bathroom
- Fitted Kitchen
- Ideal investment
- Investment opportunity
- Potential Rental Income of £10,000+
Description
This well-positioned mid-terrace property at 43 Ritson Street, Neath SA11 2RN, is an excellent investment opportunity, currently tenanted and generating immediate rental income.
Property Highlights:
Type: Mid-terrace house
Tenure: Freehold
Condition: Well-maintained and tenanted, offering a hassle-free investment with existing income
Location: Situated in a desirable area of Neath, close to local amenities and transport links
Investment Potential:
Average Property Value: Approximately £80,639, with recent sales indicating a 4.0% increase over the past 12 months .
Rental Yield: Gross rental yields in the area range from 6.2% to 12.2%, depending on property type and condition .
Tenant in Situ: The property is currently tenanted, providing immediate rental income and reducing the void period for investors.
Surrounding Area:
Transport Links: Briton Ferry Railway Station is approximately 600 meters away, offering convenient access to Neath, Swansea, and Cardiff. The M4 motorway is easily accessible, facilitating travel across South Wales.
Amenities: Local shops, schools, and parks are within walking distance, making it an attractive location for tenants.
Community: The area is predominantly residential, with a mix of owner-occupied and rented properties, contributing to a stable rental market .
Comparable Sales:
35 Ritson Street: Sold for £120,000 in February 2022, reflecting the potential appreciation in property values in the area .
36 Ritson Street: Sold for £72,000 in February 2024, indicating consistent demand for properties in this location .
This property offers a compelling opportunity for investors seeking a tenanted property in a well-connected and desirable area. For more information or to arrange a viewing, please contact us on .
Council Tax Band: B
Tenure: Freehold
Lounge/Diner
6.579m x 4.582m
Laminate flooring, magnolia textured wallpaper with 2 walls painted red, white textured ceiling with 2 ceiling lights with fan, 2 white framed windows with curtains, 2 white radiators, 4 double plug sockets, fuse box, storage cupboard in alcove, open under the stairs storage
Kitchen
3.264m x 2.707m
Grey carpet, PVC panelled walls, one grey painted wall, white textured ceiling with ceiling light and fan, white kitchen units with patterned worktop, boiler, one white framed window with roller blind, 5 double plug sockets, one white radiator, white door to back ground and door leading to bathroom
Bathroom
1.876m x 2.812m
PVC panelled walls, brown Lino flooring, white ceiling with light and fan, one large white framed window with textured glass, white sink with silver taps, off white toilet with brown toilet seat, off white bath unit, one white radiator, silver towel rail radiator
Stairs
3.937m x 0.812m
Grey carpet, magnolia textured wallpaper, white banister
Landing
3.411m x 0.899m
Grey carpet, magnolia textured wallpaper, white ceiling with light, door to bedrooms 1-3
Bedroom 1
3.492m x 4.619m
Grey carpet, magnolia textured wallpaper, white ceiling with light and fan, attic hatch, 2 white framed windows with curtains, 1 white radiator, 2 double plug sockets
Bedroom 2
2.799m x 3.386m
Red carpet, magnolia textured wallpaper, white ceiling with light, small white framed window with vertical blinds, one white radiators, chimney breast wall with alcoves either side, 1 double plug socket
Bedroom 3
3.522m x 2.922m
Bare walls with one wall with some wallpaper, beige carpet, white ceiling with light, one white framed window, 1 white radiator, 1 double plug socket
Brochures
Brochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Rear garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Ritson Street, Neath
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Visit our security centre to find out moreDisclaimer - Property reference RS0545. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Wisemove, Pontycymer. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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