Turnkey studio with tenant, parking and low council tax — lease length limits some buyers..
Tenant in situ — immediate rental income
Allocated off-street parking included
Compact studio with separate kitchen and bathroom
77 years remaining on lease — lender risk possible
Bathroom dated; likely needs renovation
Electric storage heating; consider future running costs
Council Tax band A — low local charges
Fast broadband and excellent mobile signal
A practical buy-to-let offered with a tenant in situ, this studio flat delivers immediate rental income and low running costs. Located in Llangyfelach with easy access to Swansea city centre, the property benefits from allocated off-street parking and fast broadband — features attractive to commuters and professionals.
Internally the accommodation is compact but functional: an open living/sleeping area with a separate kitchen and a small bathroom. The building dates from the late 1970s/early 1980s, has double glazing and electric storage heating. Council Tax sits in band A, keeping ongoing charges low for tenants.
Important considerations: the flat is leasehold with 77 years remaining. Some mortgage lenders may refuse lending on shorter leases and additional leasehold costs (packs/fees) may apply. The bathroom appears dated and will likely need updating; electric heating and timber-frame construction suggest buyers should budget for future servicing or upgrades.
This is best suited to an investor seeking a low-entry, income-producing asset close to transport links and major employers. It offers straightforward management and rental demand, but buyers should check lease details, lender acceptability and commission a survey before committing.