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2 Bed Flat, Single Let, Swansea, SA1 3JP, £75,000

Beach Street, Swansea, SA1 3JP - 8 views - 7 months ago

Leasehold
BTL
ROI: 17%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£110K - £271.5K
Sold Prices/m²£1.4K/m² - £7.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.1K/m²

Value Estimate

£90,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£3,450

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£693 - £1,300

Rent Estimate

£715

Running Costs/mo

£397

Cashflow/mo

£318

Cashflow/yr

£3,812

ROI

17%

Gross Yield

11%

Local Sold Prices

35 sold prices from £110K to £271.5K, average is £153K. £1.4K/m² to £7.7K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£111K05/210.1 miFlat 41, Homegower House, St Helens Road, Swansea SA1 4DL2
£176K11/200.26 miFlat 69, Morgan Court, St Helens Road, Swansea SA1 3UP2
£271.5K11/200.37 mi7, Eaton Crescent, Swansea SA1 4QJ2
£133K01/230.46 mi28a, Gwydr Crescent, Uplands, Swansea SA2 0AB2
£160K06/220.5 miFlat 54, Richmond Court, Richmond Road, Uplands, Swansea SA2 0RE2
£181K06/220.52 miFlat 58, Richmond Court, Richmond Road, Uplands, Swansea SA2 0RE2
£270K12/210.54 mi19, Ernald Place, Uplands, Swansea SA2 0HN2
£138K04/230.64 mi16, Camona Drive, Maritime Quarter, Swansea SA1 1YJ2
£179.9K10/210.64 mi2, Camona Drive, Maritime Quarter, Swansea SA1 1YJ2
£163K12/200.66 miFlat 119, Abbotsford House, Trawler Road, Maritime Quarter, Swansea SA1 1YH2
£160K11/200.7 mi27, Highmoor, Maritime Quarter, Swansea SA1 1YE2
£145K10/210.71 miFlat 161, Ambassador House, Trawler Road, Maritime Quarter, Swansea SA1 1XZ2
£110K07/220.74 mi3, Sarlou Court, Uplands, Swansea SA2 0LW2
£145K06/230.74 mi19, Sarlou Court, Uplands, Swansea SA2 0LW2
£115K12/200.74 mi17, Sarlou Court, Uplands, Swansea SA2 0LW2
£265K02/230.74 mi4, Ocean Crescent, Maritime Quarter, Swansea SA1 1YZ2
£160K10/230.78 miFlat 200, Catrin House, Trawler Road, Maritime Quarter, Swansea SA1 1XW2
£120K11/210.81 mi34, Ferrara Square, Maritime Quarter, Swansea SA1 1UZ2
£133K09/210.86 mi7, Abernethy Square, Maritime Quarter, Swansea SA1 1UH2
£245K07/230.88 mi37, St Christophers Court, Maritime Quarter, Swansea SA1 1UA2
£181K04/230.88 mi35, St Christophers Court, Maritime Quarter, Swansea SA1 1UA2
£218K07/210.88 mi52, St Christophers Court, Maritime Quarter, Swansea SA1 1UA2
£110K08/210.89 miFlat 27, Monmouth House, Mannheim Quay, Maritime Quarter, Swansea SA1 1WD2
£153K11/200.93 mi17, Newnham Crescent, Sketty, Swansea SA2 0RZ2
£160K02/210.93 mi36, St Catherines Court, Maritime Quarter, Swansea SA1 1SD2
£240K08/230.97 mi8, Pocketts Wharf, Maritime Quarter, Swansea SA1 3XL2
£180K12/220.97 mi43, Pocketts Wharf, Maritime Quarter, Swansea SA1 3XL2
£138K03/230.97 mi11, Pocketts Wharf, Maritime Quarter, Swansea SA1 3XL2
£250K05/210.97 mi1, Rembrandt Court, Swansea SA2 9FG2
£123K05/230.99 mi66, Long Oaks Court, Sketty, Swansea SA2 0QH2
£131K09/220.99 mi57, Long Oaks Court, Sketty, Swansea SA2 0QH2
£120K12/201 mi16, Long Oaks Court, Sketty, Swansea SA2 0QH2
£118K05/221 mi7, Long Oaks Court, Sketty, Swansea SA2 0QH2
£112K01/211 mi64, Long Oaks Court, Sketty, Swansea SA2 0QH2
£120K05/211 mi23, Long Oaks Court, Sketty, Swansea SA2 0QH2

Local Rents

45 rents from £693/mo to £1.3K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£1,00008/240.07 miBrynymor Road, SWANSEA2
£1,00009/240.07 miBrynymor Road, SWANSEA2
£90012/240.12 mi-2
£1,05003/250.12 mi-2
£86708/240.17 mi-2
£1,30008/240.17 mi-2
£1,20008/240.17 miKing Edward Road, Brynmill, Swansea2
£80007/240.2 mi-2
£90004/250.2 mi-2
£70008/240.21 mi-2
£1,15004/250.26 mi-2
£1,30009/240.26 miEaton Crescent, Swansea2
£92511/240.28 mi-2
£74108/240.29 miKing Edward Road, Swansea, SA12
£1,00002/240.36 mi-2
£1,00007/240.36 mi-2
£85001/250.36 mi-2
£89501/250.36 mi-2
£89502/250.36 mi-2
£85002/250.36 mi-2
£90009/240.37 mi-2
£1,00002/250.38 mi-2
£85008/240.43 miCarlton Terrace, SWANSEA2
£1,20002/240.44 mi-2
£1,20003/250.44 mi-2
£1,20002/240.44 mi-2
£1,20004/250.44 mi-2
£1,00008/240.46 miGwydr Crescent, Uplands, Swansea2
£1,00008/240.46 miGwydr Crescent, Uplands, Swansea2
£1,10011/240.47 mi-2
£85008/240.47 miMansel Street, SWANSEA2
£80008/240.49 miThe Kingsway, SWANSEA2
£1,15008/240.49 miMansel Street, City Centre, Swansea2
£90008/240.51 miCarlton Terrace, SWANSEA2
£85008/240.52 miBeechwood Road, Uplands2
£87508/240.53 mi-2
£87508/240.53 miPenlan Crescent, Uplands, Swansea, SA22
£1,15008/240.53 miMansel Street, City Centre, Swansea2
£69308/240.55 miSt. Albans Road, Swansea, Wales, SA22
£69308/240.55 mi18 St. Albans Road, Swansea, Wales, SA22
£69308/240.55 miSt. Albans Road, Swansea, Wales, SA22
£69308/240.55 miSt. Albans Road, Swansea, Wales, SA22
£88003/250.55 mi-2
£1,25008/240.56 miTrawler Road, Maritime Quarter, SWANSEA2
£1,10001/250.59 mi-2

Links

Local Area Statistics

Population in SA1

47,355

Population in Swansea

269,408

Town centre distance

2.12 miles away

Nearest school

0.10 miles away

Nearest train station

0.94 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-7%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £75,000

September 23, 2024

Sold for £62,000

2016

Sold for £58,500

2003

Sold for £38,000

2001

Floor Plans

Description

This 2-bedroom apartment situated in the heart of Swansea's vibrant coastal area. Located at 24C Beach Street, this property offers the perfect blend of urban living and seaside tranquillity, making it ideal for professionals, couples, or investors seeking a prime location.

This apartment offers the perfect combination of modern living in a sought-after coastal location. Viewing is highly recommended to fully appreciate everything this property has to offer.

Agent Details

John Francis, Swansea

01792 949594

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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