Summary - 43 HANOVER STREET SWANSEA SA1 6AZ
1 bed 1 bath Block of Apartments
Freehold two-flat investment near university with parking and outside space.
- Freehold block with two self-contained flats, approx 1,055 sq ft total
- Walking distance to Swansea city centre and university
- Private outside seating areas and rear off-street parking
- EPC rating C; mains gas boiler and radiators
- Building c.1900–1929; likely no wall insulation (granite walls)
- Area classified very deprived and above-average crime rates
- Auction sale: bidding 20–22 Oct 2025; 1.2% admin fee (min £1,200)
- Possible need for external upkeep and modernisation works
A freehold block comprising two self-contained apartments, offered at auction with a guide price of £165,000+. The building sits within walking distance of Swansea city centre and the university, making it suitable for buy-to-let investors targeting students and professionals. Both flats have private outside seating areas and shared off-street parking accessed from Vaughan Thomas Lane.
Apartment layouts are practical: a ground-floor flat with open-plan living, fitted kitchen, bedroom and shower room, and a first-floor flat with an open-plan living area, bedroom, shower room and a staircase to a further second-floor bedroom plus a rear balcony. The combined size is approximately 1,055 sq ft and the block currently has an EPC rating of C.
Strengths include freehold tenure, central location near amenities and good broadband/mobile connectivity. Known issues and costs are clear: the area is very deprived with above-average crime, the building dates from c.1900–1929 and walls are likely uninsulated (granite/whinstone as built). Glazing install date is unknown and some external upkeep and modernisation may be required despite descriptions of the flats as well presented.
This lot will be sold at auction (bidding opens 20 Oct 2025 midday and closes 22 Oct 2025 midday). Buyers should factor in the 1.2% administration fee (min £1,200 inc VAT) payable on exchange, any disbursements listed in the legal pack, and potentially higher council tax and maintenance costs due to the property age and construction. Suitable for landlords seeking proximity to university lets, or a small-scale refurbishment project to improve yields.
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