Studio flat for sale
Swansea, SA1
studio Flat
Property photos
+7
Property description
Four story mid-terrace currently comprising of a 1 bed flat on the lower ground floor, a 1 bed flat on the ground floor and a 3 bed maisonette on the upper floors.
The property has a 3 year track record as a short term let and makes income of £30,000 net of fees from portals (booking/airbnb). This represents a 12% yield net of booking fees.
The property is near the City Centre, university, beaches, sports stadium and beaches. The area lends itself to HMOs, residential homes, student accommodation and short term lets due to the proximity to such amenities.
The property previously had an HMO (license lapsed) but there is also opportunity to split title, refurbish or use for student accommodation etc.
Why Swansea?
Wales' 2nd City with large employers such as Amazon increasing housing demands; University City with demand for student accommodation and visiting families Swansea Arena attracts multiple visitors for concerts, shows and gigs; Mumbles and Gower areas have beautiful beaches and thriving tourist industry.
The property has a 3 year track record as a short term let and makes income of £30,000 net of fees from portals (booking/airbnb). This represents a 12% yield net of booking fees.
The property is near the City Centre, university, beaches, sports stadium and beaches. The area lends itself to HMOs, residential homes, student accommodation and short term lets due to the proximity to such amenities.
The property previously had an HMO (license lapsed) but there is also opportunity to split title, refurbish or use for student accommodation etc.
Why Swansea?
Wales' 2nd City with large employers such as Amazon increasing housing demands; University City with demand for student accommodation and visiting families Swansea Arena attracts multiple visitors for concerts, shows and gigs; Mumbles and Gower areas have beautiful beaches and thriving tourist industry.
Interested in this property?
Council tax
First listed
Over a month agoSwansea, SA1
Marketed by
Whozoo - London Unit 2, 2 Delacourt Road Blackheath, London SE3 8XAPlacebuzz mortgage repayment calculator
Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is 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.
Swansea, SA1 - Streetview
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Whozoo - London. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Whozoo - London for full details and further information.
