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The Ridge, Derwen Fawr, Swansea SA2

Wales

£500,000
Listed on 02/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1840 sqft

Description

This detached four-bedroom residence is located in the desirable neighborhood of Derwen Fawr, Sketty, offering an excellent canvas for renovation and investment. The property sits on a substantial plot, featuring two spacious reception areas, a garage, and well-established gardens at both the front and rear. The size and layout provide ample opportunities for modernisation or expansion, pending local planning approvals. While the home requires updating and refurbishment, it presents a solid framework that could be transformed into a sophisticated living space tailored to your personal style. Its flexible floor plan accommodates various configurations and layouts, making it suitable for families looking to establish roots or investors seeking to enhance value through thoughtful upgrades. The location is particularly advantageous, with a range of local amenities, reputable schools, and efficient transport links within easy reach. This combination of space, location, and potential makes it an appealing choice for those looking to invest in a property that they can truly make their own. Prospective buyers should note the property’s energy performance certificate rating of D. As always, interested parties are encouraged to conduct thorough due diligence regarding all aspects of the property prior to any commitment.

Investment Analysis

(SA2 area)

Above Market Value

This property is priced +9.4% above area average per sq ft

+9.4%
This Property
£272/sq ft
Area Average
£248/sq ft
Avg Rent (weekly)
£349
Avg Yield
5.7%

Renovation Potential

Est. Renovation Cost
£50,000 - £125,000
10-25% of property value
Target Value
£502,660
10% above area average per sq ft
Potential ROI
-19.6%
After renovation
Monthly Sales
28
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (SA2)

Area prices are rising by +6.4% over the last 12 months
3 year growth: 13.4%
5 year growth: 35.9%
Investment Disclaimer: Analysis based on SA2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

The Ridge, Derwen Fawr, Swansea SA2
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