Summary -
Ground Floor Front Flat,29 The Promenade,SWANSEA,SA1 6EN
SA1 6EN
5 bed 5 bath Terraced
**Standout Features:**
- 5 self-contained studio flats, each with its own bathroom and kitchenette.
- Gross annual income of £34,680 when fully tenanted, providing over 18% yield based on a guide price of £190,000.
- Parking area and a private garden space.
- Freehold tenure; chain-free sale.
- Located in a vibrant student and professional neighborhood.
**Property Overview:**
Presenting an exceptional investment opportunity in Mount Pleasant, Swansea, this spacious three-storey Victorian terraced house is currently configured as five self-contained studio units, tailored for students or young professionals. Each studio, with its unique charm, is independently metered, offering flexibility in tenancy management, while maximum rent potential could reach up to £750 for the top-floor flat. Although some studios may require modernization, the property's overall configuration allows for immediate rental income with room for growth.
**Location & Amenities:**
Situated just 0.5 miles from Swansea Rail Station and close to the city center, this home benefits from excellent transport links and nearby supermarkets, ensuring convenience for tenants. While the vibrant neighborhood appeals to a diverse demographic, prospective buyers should note the high crime rate and overall area deprivation.
Take advantage of this prime investment opportunity now, as properties with such substantial income potential do not linger long on the market. This auction is an unmissable chance for savvy investors aiming to bolster their portfolio in a bustling urban area.
7 bedroom house of multiple occupation for sale in 111 Walter Road, Swansea SA1 5QQ, SA1 — £300,000 • 7 bed • 1 bath • 312 ft²
5 bedroom terraced house for sale in 12 Rosehill Terrace, Swansea, West Glamorgan, SA1 6JN, SA1 — £165,000 • 5 bed • 2 bath • 481 ft²
3 bedroom terraced house for sale in Stanley Terrace, Swansea, SA1 — £130,000 • 3 bed • 1 bath • 1055 ft²
Studio flat for sale in Apartment 21 Portland House, 58-60 The Kingsway, Swansea, West Glamorgan, SA1 5HN, SA1 — £55,000 • 1 bed • 1 bath
5 bedroom terraced house for sale in 33 Brunswick Street, Swansea, West Glamorgan, SA1 4JP, SA1 — £122,000 • 5 bed • 2 bath • 716 ft²
Studio flat for sale in Apartment 413 Castle Buildings, 32 Castle Street, Swansea, West Glamorgan, SA1 1JH, SA1 — £45,000 • 1 bed • 1 bath
