6 Bed HMO, Swansea, SA1 6JW £219,995

Montpelier Terrace, Swansea, City And County of Swansea., SA1 6JW - 5 views - a year ago

Sold STC

HMO

ROI: 2%

~186 m²

ValuationUndervalued

Sold Prices	£179K - £555K
Sold Prices/m²	£1.2K/m² - £2.2K/m²

Square Metres	~186 m²
Price/m²	£1.2K/m²
Value Estimate	£254,795£254,795
BMV	16%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£54,999£54,999
Stamp Duty & Legal Fees	£14,100£14,100
Total Cash In	£69,098£69,098

Cash Out
Room Rate	£300£300
Gross Rent	£1,800
Running Costs/mo	£1,682£1,682
Cashflow/mo	£118£118
Cashflow/yr	£1,413£1,413
ROI	2%2%
Gross Yield	10%10%

Local Sold Prices

7 sold prices from £179K to £555K, average is £295K. £1.2K/m² to £2.2K/m², average is £1.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£295K	10/21	0.13 mi	8, Chaddesley Terrace, Swansea SA1 6HB	£1,161	254	6	Terraced House
£220K	02/23	0.49 mi	12, Eaton Crescent, Swansea SA1 4QJ	-	-	6	Terraced House
£555K	08/25	0.58 mi	226 Christchurch Vicarage, Oystermouth Road, City Centre, Swansea SA1 3UH	-	-	6	Detached House
£328K	04/25	0.58 mi	14, Ernald Place, Uplands, Swansea SA2 0HW	£2,231	147	6	Terraced House
£328K	04/25	0.58 mi	14, Ernald Place, Uplands, Swansea SA2 0HW	-	-	6	Terraced House
£179K	06/21	0.61 mi	33, Rhyddings Park Road, Brynmill, Swansea SA2 0AQ	-	-	6	Terraced House
£230K	07/25	0.89 mi	29, Malvern Terrace, Brynmill, Swansea SA2 0BE	-	-	6	Terraced House

Local Area Statistics

Population in SA1	47,35547,355
Population in Swansea	269,408269,408
Town centre distance	1.71 miles away1.71 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.74 miles away0.74 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	-12%-12%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+24%+24%

Property History

Price changed to £219,995

December 4, 2024

Listed for £235,000

August 9, 2024

Floor Plans

Description

Substantial turn key investment property +
Licensed 6-bed HMO +
Communal Lounge * Two bathrooms +
Available occupied with current income +
Sea Views +
Front and rear gardens with Garage +
Close to Two Universities +
Let for £1800 pcm excl bills +

A large 3-storey 6-bed turn key licensed mid terraced property situated within a popular location close to central Swansea. The property is available occupied with tenants, accommodation also includes; entrance hallway, communal lounge, kitchen diner, shower room and bathroom. Externally is a front and enclosed rear garden with garage. The property enjoys Sea Views and is walking distance to the City Centre and the vibrant Uplands Quarter. The property is situated a short distance from away Two Universities and Coastline. Let for approx £1800 pcm exc bills. EPC-E.