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Imperial House, Neath Road, Landore, Swansea

For Sale £ 795,000 For Sale
Landore  SA6 8JW Commercial Commercial Commercial Department » Print this page

 

Situation
This large investment opportunity is situated on Neath Road, Landore, approximately 15 minutes from Swansea City Centre. Landore is a predominantly densely populated residential suburb that benefits from links to regular public transport, and conveniently situated close to Morriston.
Description
Briefly, this property comprises fourteen self contained flats all varying in size which have been recently renovated to an extremely high standard. We have been advised that there are parking facilities available for all flats. We have been advised that there is potential for additional development.
Lease Details
All fourteen flats are currently occupied under Assured Shorthold Tenancy Agreements, all varying in length and rents.
There is currently an income of £75,000 per annum. Based on the current rents, a Gross Initial Yield of 9.43% is potentially achievable.
Terms
The Freehold interest in our clients property is available to purchase for £795,000 (Seven Hundred and Ninety Five Thousand Pounds).
Viewing
To make an appointment to view this premises, all interested parties are advised to contact the Sole Selling Agent, Dawsons Commercial.

Situation
This large investment opportunity is situated on Neath Road, Landore, approximately 15 minutes from Swansea City Centre. Landore is a predominantly densely populated residential suburb that benefits from links to regular public transport, and conveniently situated close to Morriston.


Description

Briefly, this property comprises fourteen self contained flats all varying in size which have been recently renovated to an extremely high standard. We have been advised that there are parking facilities available for all flats. We have been advised that there is potential for additional development.


Lease Details
All fourteen flats are currently occupied under Assured Shorthold Tenancy Agreements, all varying in length and rents.
There is currently an income of £75,000 per annum. Based on the current rents, a Gross Initial Yield of 9.43% is potentially achievable.


Terms
The Freehold interest in our clients property is available to purchase for £795,000 (Seven Hundred and Ninety Five Thousand Pounds).


Viewing
To make an appointment to view this premises, all interested parties are advised to contact the Sole Selling Agent, Dawsons Commercial.

Andrew Cox
01792 478 907
andrew.cox@dawsonsproperty.co.uk

Matthew Mason
01792 478 908
matthew.mason@dawsonsproperty.co.uk