Summary - 1182 Neath Road, Plasmarl SA6 8JT
2 bed 2 bath Terraced
Two self-contained 1-bed flats with tenants, approx. 9% yield and immediate income..
Two self-contained 1-bed flats within one freehold property
This freehold mid-terrace presents two self-contained one-bedroom flats, both with tenants in situ and producing immediate rental income. With an advertised gross yield of approximately 9%, the property is aimed at investors seeking a plug-and-play addition to a buy-to-let portfolio in Swansea.
Both flats have gas central heating and double glazing, and the building’s compact layout suits straightforward rental management. The location in Plasmarl offers easy access to Swansea city centre, Morfa Retail Park, local shops and public transport, supporting steady tenant demand.
There are notable area and property considerations: the neighbourhood scores high for deprivation and local crime is above average. The original granite/whinstone walls are assumed uninsulated, and room sizes are compact, so further investment in thermal upgrades and internal refurbishment could improve rents and long-term value. Tenants are in situ, so viewings and any immediate works will need to be coordinated with occupiers.
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