Summary - Chemical Road, Morriston, Swansea, City And County of Swansea. SA6 6JE
5 bed 3 bath Terraced
Central location by M4 and hospital; projected £42k pa fully let.
Projected gross income around £42,000 pa when fully let
A practical mixed-use terrace in Morriston set up for immediate rental returns. The building contains an A1 hair salon, an A1 shop unit, a studio flat and two two-bedroom apartments. With an L2 fire alarm system already installed and projected gross income around £42,000 per year when fully let, the layout supports multiple revenue streams from one roadside plot.
Positioned close to the M4, the local hospital and Morriston centre, the property benefits from good transport links and frequent buses. On-street commercial frontage and modern internal finishes in the salon and units reduce immediate refurbishment needs for tenanted use. It is offered freehold and available with no onward chain, speeding a straightforward acquisition.
Buyers should note the setting: the area is classed as very deprived with above-average local crime statistics and a small plot size. Council tax details are not provided and the property occupies a busy urban thoroughfare, which may influence tenant mix and management needs. This is best suited to investors or owner-occupiers willing to manage a small portfolio and local letting considerations.
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