REF. 401 - Investments across Swansea, SA1

For Sale

£1,700,000


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Brief Description

Our client is looking to dispose of their portfolio of which comprises the below properties across Swansea.


Full Description

Our client is looking to dispose of their portfolio of which comprises the below properties across Swansea.

The portfolio is available whole at an asking price of £1,700,000 (One Million Seven Hundred Thousand Pounds) and includes the Freehold interest to all properties hereunder. All properties are currently let and are producing a total gross income of £216,132 per annum. This in turn produces a gross initial yield of 12.71%.

Alternatively, the properties are available separately.

138 Walter Road, Swansea

Benefits from HMO license for 6 studios, and ground floor commercial office space. Benefits from all utilities. Gross rental of £28,994 per annum. Available for £300,000. Represents 9.66% Gross Initial Yield.

39 Walter Road, Swansea

Comprises 9 studios and 2 shared rooms with communal facilities. Tenants pay £20 PW each towards the cost of utilities. Benefits from all utilities, and parking to the rear for 6 vehicles. Gross rental of £49,368 per annum. Available for £350,000. Represents 14.11% Gross Initial Yield.

108 Penygraig Road, Swansea

Briefly comprises 7 Bed Studio HMO with space for 1 more. Benefits from all mains utilities and parking facilities for 2 vehicles. Gross rental of £33,768 per annum. Available for £300,000. Represents 11.26% Gross Initial Yield.

130 Townhill Road, Swansea

Briefly comprises upper floor 4 Bed HMO. Benefits from all mains utilities. Gross rental of £11,904 per annum. Available for £100,000. Represents 11.9% Gross Initial Yield.

22 Hill Street

Briefly comprises 8 Studio HMO. Benefits from all mains utilities. Gross rental of £38,592 per annum. Available for £240,000. Represents 16.08% Gross Initial Yield.

81, 81A, 81B Glynhir Road

Briefly comprises three two bedroom flats with parking facilities to the front. Also benefits from planning consent for 3 garages to the rear. Flats are available To Rent for £575 PCM which would produce a Gross annual rental of £20,700. Available for £300,000. Represents 6.9% Gross Initial Yield.

81, 83, 85 North Hill Road

81 North Hill Road briefly comprises a three bedroom room. 83, and 85 North Hill Road comprises a 4 Bed HMO. All properties benefit from mains utilities. Gross rental of £33,456 per annum. Available for £240,000. Represents 13.94% Gross Initial Yield.

For further information, please speak to the sole selling agents on the contact details below:

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

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

Swansea Sales
01792 646 060
sw@dawsonsproperty.co.uk


Floor Plan
REF. 401 - Investments across Swansea, SA1 floor plan
EPC
REF. 401 - Investments across Swansea, SA1 EPC

Location