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"Investment Opportunity 43 Ritson Street, Neath SA11 2RN Tenanted Property in a Sought After Area

This well positioned mid terrace property at 43 Ritson Street, Neath SA11 2RN, is an excellent investment opportunity, currently tenanted and generating immediate rental income.


Property Highlights

Type Mid terrace house

Tenure Freehold

Condition Well maintained and tenanted, offering a hassle free investment with existing income

Location Situated in a desirable area of Neath, close to local amenities and transport links
Investment Potential

Average Property Value Approximately £80,639, with recent sales indicating a 4.0% increase over the past 12 months .

Rental Yield Gross rental yields in the area range from 6.2% to 12.2%, depending on property type and condition .

Tenant in Situ The property is currently tenanted, providing immediate rental income and reducing the void period for investors.
Surrounding Area

Transport Links Briton Ferry Railway Station is approximately 600 meters away, offering convenient access to Neath, Swansea, and Cardiff. The M4 motorway is easily accessible, facilitating travel across South Wales.

Amenities Local shops, schools, and parks are within walking distance, making it an attractive location for tenants.

Community The area is predominantly residential, with a mix of owner occupied and rented properties, contributing to a stable rental market .

Comparable Sales

35 Ritson Street Sold for £120,000 in February 2022, reflecting the potential appreciation in property values in the area .

36 Ritson Street Sold for £72,000 in February 2024, indicating consistent demand for properties in this location .

This property offers a compelling opportunity for investors seeking a tenanted property in a well connected and desirable area. For more information or to arrange a viewing, please contact us on .

Council Tax Band B
Tenure Freehold"