Summary -
Apartment 28 Excelsior,3, Princess Way,SWANSEA,SA1 3LQ
SA1 3LQ
1 bed 1 bath Flat
**Standout Features:**
- Contemporary 2nd-floor studio apartment in Swansea City Centre
- Open-plan layout with hardwood flooring and fitted bathroom
- Current tenant in place until 2256, offering immediate rental income
- Strong investment potential with estimated gross yield of 9%
- Close to Swansea Bay beachfront and a plethora of amenities
- 233 years remaining on the lease
This well-presented open-plan studio apartment is ideally situated in the heart of Swansea City Centre, making it an attractive investment for buyers focused on rental potential. Located within the sought-after Excelsior apartment building, this cozy space boasts hardwood flooring and a functional layout that combines living, sleeping, and dining areas seamlessly. With amenities such as shops, bars, and restaurants just a short walk away, as well as excellent transport links to Swansea University, it caters perfectly to students and young professionals.
While the property is well-maintained, keep in mind the annual service charge of £1,852.94 and the very high crime rate in the area. However, with a secure tenant already in place and a lease extending to 2256, this investment opportunity offers a hassle-free way to stake your claim in a vibrant, cosmopolitan neighborhood. Don't miss your chance to view this desirable property; appointments are highly recommended. Act fast, as opportunities like this don’t stay on the market long!
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