Summary - 11 11 Fleet Street, Swansea, City And County of Swansea. SA1 3US
4 bed 4 bath End of Terrace
Coastal location with immediate rental income and flexible occupancy options.
Freehold block of four self-contained one-bedroom flats
A well-presented freehold block of four self-contained one-bedroom flats in a prime coastal spot, just a short walk from Swansea Bay. The building is arranged linearly across an end-of-terrace, Victorian/Edwardian style property with compact rooms and standard ceiling heights. All units have separate electric and water supplies, and each includes a lounge, kitchen and shower room.
Two flats are currently let, providing immediate rental income; the other two will be offered with vacant possession on completion, giving flexibility for re-letting, refurbishment or owner occupation. The location is highly convenient for Swansea City Centre and Swansea University, supporting steady tenant demand from students, professionals and short-term lets.
Buyers should note material drawbacks plainly: the neighbourhood records high crime levels and is in a very deprived area, which can affect rental values, tenant quality and insurance costs. The flats use electric heating and are compact in size, so heating costs and limited internal space may be issues for some tenants. The small plot and terraced layout limit scope for external expansion.
For an investor seeking a turnkey multi-unit asset near the seafront, this block offers immediate income, clear re-letting potential and location-led demand. Careful management, targeted refurbishments and a robust lettings strategy will be needed to maximise returns while mitigating area-related risks.
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