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Old Road, Neath, SA11 2BU

Wales

£275,000
Listed on 30/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
774 sqft

Description

This detached two-bedroom bungalow is situated on a generous 0.43-acre plot in Melin, directly facing Melin Park, which offers lovely open views and a serene environment. The property is conveniently located within walking distance to Neath town center, providing easy access to various local amenities and transportation options. The single-level layout of the bungalow presents a well-proportioned living space, but its true value lies in the extensive grounds that provide ample room for potential enhancements. With the right planning consent, there are numerous possibilities for expansion or even redevelopment, making it an enticing project for both developers and homeowners looking for future growth opportunities. This property is an excellent canvas for anyone interested in creating a tailored living space or investigating development ventures in the Neath area.

Investment Analysis

(SA11 area)

Above Market Value

This property is priced +117.5% above area average per sq ft

+117.5%
This Property
£355/sq ft
Area Average
£163/sq ft
Avg Rent (weekly)
£186
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£139,076
10% above area average per sq ft
Potential ROI
-57.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
48%
Properties sold annually

Local Market Trend (SA11)

Area prices are rising by +11.2% over the last 12 months
3 year growth: 11.2%
5 year growth: 34.9%
Investment Disclaimer: Analysis based on SA11 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

Old Road, Neath, SA11 2BU
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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
£992
Based on a loan of £206,250 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE