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Prospect Place, SY23

Wales

£265,000
Listed on 30/03/2025

Property Details

Bedrooms
4
Type
Semi-detached house

Description

This spacious four-bedroom property offers a solid foundation with significant potential for renovation. Entering through a double-glazed main entrance door, you'll find yourself in a welcoming hallway leading to multiple living spaces. The sizeable living room, previously two separate rooms, features double-glazed windows at both ends and a timber fireplace, offering an opportunity to create an inviting focal point with modern design elements. The living kitchen is generous in size and includes base and wall units, an electric double oven, and plumbing for a washing machine—ideal for reconfiguring into a contemporary open-plan area. Adjacent to this is a cellar that houses the central heating boiler, which could be upgraded as part of the renovation. On the first floor, you will find well-proportioned bedrooms with ample natural light from double-glazed windows. The wet room and separate WC offer functional spaces with scope for modernisation. Externally, the property boasts a tarmacadam parking area and rear garden with paved sections ideal for landscaping or creating outdoor entertaining areas. With plans to extend the boundary fence soon, the outdoor space presents opportunities for enhancement. Overall, while this property requires updates to bring it up to contemporary standards, its layout and existing features make it an excellent investment opportunity for those looking to realise its full potential.

Investment Analysis

(SY23 area)
Area Average
£240/sq ft
Avg Rent (weekly)
£337
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SY23)

Area prices are falling by -5.6% over the last 12 months
3 year growth: -7.4%
5 year growth: +13.4%
Investment Disclaimer: Analysis based on SY23 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Prospect Place, SY23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£956
Based on a loan of £198,750 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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