SWANSEA SA9 2 bed flat for sale

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SWANSEA SA9 2 bed flat for sale

SWANSEA SA9
£70,000

Our Summary

  • Investment Opportunity

Description

Investors, take note! This two-bedroom flat is a rare opportunity to acquire a property with a long-term tenant already in place, paying £600 PCM, with the rent set to increase. The flat was improved in 2023 to comply with current regulations and offers comfortable living space, neutral décor, and a convenient location on the edge of the Brecon Beacons. With a purchase price of £70,000, the gross yield is approximately 10.29%, which will improve further with the upcoming rent increase. The location benefits from improved transport links, with the newly completed Heads of the Valleys road providing fast access to Abergavenny, Newport, and the Midlands, making it an ideal location for commuting tenants. This is a ready-made investment with solid returns and improving infrastructure, all for £70,000.