Freehold investment near colleges with immediate rental potential and refurbishment upside.
Freehold semi-detached building arranged as two self-contained two-bedroom flats
First-floor flat producing £725 pcm income at time of listing
Guide price £227,000 — sold by online auction with holding fee and 10% deposit
EPC ratings D and C; buyers should inspect energy performance details
Small overall size (approx. 525 sq ft) — modest room dimensions throughout
Very deprived local area and above-average crime rate — factor into rental demand
Decent plot with front and rear gardens, patio and first-floor balcony
Completion typically 28 days after exchange; legal pack essential before bidding
This freehold semi-detached property is arranged as two self-contained two-bedroom flats, offering immediate rental income and clear investment potential. The first-floor flat is currently let at £725 pcm, and the property sits close to Gorseinon centre and Gower College, a location that supports tenant demand.
The building includes front and rear gardens, a rear patio and a first-floor balcony, set on a decent plot. Internal layout follows a traditional plan with modest room sizes; EPC ratings are D and C. The property will be sold at online auction (guide price £227,000) — bidders must register, pay a holding fee and be prepared to exchange with a 10% deposit and 28-day completion.
Buyers should note material drawbacks: the wider area is classified as very deprived with above-average crime, and the property is small overall (approximately 525 sq ft). Prospective purchasers should review the legal pack and EPCs, confirm income and tenancy details, and allow for refurbishment to improve standards and rental value.
For an investor or buyer willing to carry out upgrades, this two-flat freehold offers a hands-on opportunity to increase yield through targeted refurbishment and active management. Auction sale and short completion times suit cash-ready buyers or those with finance pre-arranged.