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New Mill Road, Sketty, Swansea, SA2 8PB - Image 1
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New Mill Road, Sketty, Swansea, SA2 8PB

Wales

£165,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
667 sqft

Description

Nestled in the desirable area of Sketty, this three-bedroom terraced home is an ideal canvas for those seeking a renovation project. While it requires modern updates, it stands as a promising opportunity for first-time buyers, families, or investors who envision tailoring a space to their personal preferences and lifestyle. The property is situated in a well-established residential neighborhood, providing convenient access to local amenities. Within walking distance, you'll find various shops, cafés, and supermarkets. Additionally, the home falls within the catchment area for several reputable schools, including Sketty Primary and Olchfa Comprehensive, making it an appealing choice for families. The layout of the property includes a welcoming entrance hallway that leads to a spacious living room and a kitchen/diner with direct access to an enclosed rear garden. This outdoor space presents multiple possibilities for creating an inviting area for gatherings or family activities. On the upper floor, there are three bedrooms accompanied by a family bathroom—providing adequate accommodation that can be updated according to your vision. The flat rear garden also features an outside storage building, enhancing both functionality and privacy. Given its excellent location combined with significant potential for enhancement, this home offers a unique chance to invest in property value through thoughtful renovations. With vibrant community features nearby and easy transport links—including connections to Swansea city center and major roadways—the opportunity here is both compelling and practical for future development or reimagining into a cherished residence.

Investment Analysis

(SA2 area)

Below Market Value

This property is priced -0.5% below area average per sq ft

-0.5%
Potential saving
This Property
£247/sq ft
Area Average
£249/sq ft
Avg Rent (weekly)
£357
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£182,361
10% above area average per sq ft
Potential ROI
-15.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SA2)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 11.0%
5 year growth: 34.5%
Investment Disclaimer: Analysis based on SA2 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

New Mill Road, Sketty, Swansea, SA2 8PB
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£604
Based on a loan of £123,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE