Summary - Apartment 21 Portland House, 58-60, The Kingsway, SWANSEA SA1 5HN
1 bed 1 bath Studio
**Standout Features:**
- **Location**: Centrally located in Swansea's vibrant city center, perfect for students and young professionals.
- **Price**: Attractive guide price of £55,000, with potential rental income of £625/month.
- **Layout**: Open plan studio with kitchenette and integrated pull-down double bed for optimal space usage.
- **Tenure**: Freehold with manageable service charges and council tax.
- **Community**: Surrounded by a multitude of amenities including shops, eateries, and public transport links.
**Concerns:**
- **Crime Rate**: Note the area has a high crime rate, making awareness important for potential investors or first-time buyers.
- **Deprivation**: The local area is classified as very deprived, which may impact community dynamics and investment potential.
This modern studio, sold through online auction, represents an excellent opportunity for first-time buyers or investors seeking solid rental returns. With its open plan layout, featuring a kitchenette and a cleverly designed hidden bed, it maximizes living space while providing comfort and functionality. The unit is currently vacant, allowing for immediate possession and potential rental income next year.
Despite its many benefits, be mindful of the high crime rate in the area and the classifications of community deprivation, which may affect long-term appeal. Enjoy the convenience of city life with amenities right at your doorstep, ensuring a blend of comfort and accessibility. This opportunity won't last long—register now to secure your investment in this desirable location!
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