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

Wales

£175,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
667 sqft

Description

This three-bedroom terraced home presents a unique opportunity for those looking to invest in a property with significant renovation potential. Situated in a desirable residential neighborhood, the house is primed for modernization and offers the chance for homeowners or investors to tailor the space to their own preferences. Conveniently located within walking distance of local amenities, this property benefits from proximity to various schools, making it an attractive option for families. The ground floor features an entrance hallway leading into a living room, along with a kitchen and dining area that opens onto an enclosed rear garden — ideal for outdoor gatherings or family activities. Upstairs, you will find three bedrooms accompanied by a family bathroom, providing ample space for personal use or future upgrades. The flat, enclosed garden at the back of the property includes an external storage building, enhancing both privacy and functionality. The surrounding area adds to the property's appeal, with easy access to essential services such as shops, cafes, and supermarkets at Sketty Cross. The location is also well-served by public transport links that connect residents to Swansea city center, Swansea University, and Singleton Hospital. For those who enjoy outdoor activities, Singleton Park and the Botanical Gardens are nearby, offering beautiful green spaces. Additionally, the Gower Peninsula's renowned beaches and coastal walks are just a short drive away. This home’s combination of location advantages and its potential for enhancement makes it an excellent investment opportunity for anyone looking to add value through thoughtful renovations. Whether as a first step on the property ladder or as part of a wider investment strategy, this house invites creativity and vision.

Investment Analysis

(SA2 area)

Above Market Value

This property is priced +5.6% above area average per sq ft

+5.6%
This Property
£262/sq ft
Area Average
£248/sq ft
Avg Rent (weekly)
£349
Avg Yield
5.7%

Renovation Potential

Est. Renovation Cost
£17,500 - £43,750
10-25% of property value
Target Value
£182,214
10% above area average per sq ft
Potential ROI
-16.7%
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

New Mill Road, Sketty, Swansea SA2
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