Income-ready HMO near Swansea University with audited accounts and parking.
Seven-bedroom turnkey HMO with four shower rooms
A seven-bedroom, turn-key HMO in SA1, offered freehold with audited accounts showing consistent historical income. The property previously grossed approximately £38,400 per annum (bills included) and benefits from an HMO licence valid until January 2030, making it suitable for an investor seeking an immediate income stream.
The mid-Victorian end-terrace spans approximately 519 sq ft over three storeys and includes four shower rooms, a communal open-plan kitchen/lounge/dining area, enclosed rear garden and off-street parking to the front. Constructed before 1900 with granite walls and internal insulation, it has double glazing (install date unknown) and electric room heaters.
Location is practical for the student and professional market: a short cycle to Swansea University, walking distance to the coastline and city centre, and local amenities nearby. Audited accounts are available to verify historic performance.
Notable considerations: the property sits in a very deprived area with above-average crime and above-average council tax. Total internal area is small (circa 519 sq ft), heating is electric room heaters (higher running costs than gas), and glazing age is unspecified. These factors affect operating costs and future value drivers, so buyers should factor refurbishment, energy upgrade, or management costs into offer decisions.
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