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Flat & Further accommodation, 1A Wern... 3 bed flat for sale
Flat & Further accommodation, 1A Wern Fawr Road, Port Tennant, Swansea, West Glamorgan, SA1 8LQ
£29,000
Flat & Further accommodation, 1A Wern Fawr Road, Port Tennant, Swansea, West Glamorgan, SA1 8LQ
£29,000
Our Summary
- FOR SALE BY AUCTION - -Lot 4 - Apartment for Owner Occupation/InvestmentONLINE AUCTION from 20th MAY - 22nd MAYThe upper floors of 1a Wern Fawr Road Port Tennant centrally located in Port Tennant, Swansea and more recently used as 2 flats
- The Apartment offers a great investment opportunity for a long term tenant in the area, and would expect between £800-£925PCM per apartment
- Prices in the area are high and if the apartment could be refurbished to a high standard then a good return on investment would be gained
Description
This property, located in the popular area of Port Tennant, Swansea, is being sold by auction and offers a great investment opportunity. The upper floors of 1a Wern Fawr Road have been used as two apartments, with each apartment having its own kitchen, lounge, bathroom, and bedrooms. The property has the potential to be refurbished to a high standard and let out as two separate apartments, generating a combined rental income of £16,000 per annum. Alternatively, it could be converted into a single dwelling and let out as a House of Multiple Occupation (HMO). The property's central location offers easy access to the M4 Motorway, Swansea City Centre, Swansea University, and the SA1 Waterfront, making it a highly sought-after location for working professionals and students. With its potential for high rental returns and the opportunity to refurbish and re-sell, this property presents a great investment opportunity for buyers.