4 Bed HMO, Swansea, SA1 6EY, £169,995

57 Cromwell Street, Swansea, SA1 6EY - 3 views - 5 months ago

Sold STC
HMO
ROI: 13%
112 m²
+7 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,499

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,799

 

 

Cash Out

 

Room Rate

£475

Gross Rent

£1,900

Running Costs/mo

£1,362

Cashflow/mo

£538

Cashflow/yr

£6,456

ROI

13%

Gross Yield

13%













Property History

Listed for £169,995

November 7, 2024

Sold for £84,000

2003

Sold for £24,000

1997

Floor Plans

Description

  • Mid terraced licensed HMO +
  • Four bedrooms +
  • Two bathrooms +
  • Kitchen diner * Separate lounge area +
  • Enclosed rear garden +
  • Some Sea Views from the 1st floor front +
  • Walking distance to City Centre and University +
  • Close to coastline and train station +
  • Available fully furnished as a turn key investment +
  • Earning £1900 per month bills inc until June 2025 (with fair usage cap) +

A 4-bed licensed HMO located within central Swansea. Earning £20,900 per annum until 30th June 2025, bills included. Accommodation includes; entrance hallway, bedroom 1 and 2, kitchen diner and lounge to ground floor. To 1st floor are bedroom 3 and 4, shower room and bathroom. Externally the property has an enclosed rear garden. The property services both Trinity St David and Swansea Universities and is walking distance to the city centre and train station. Available as a fully furnished turn key investment earning an income until June 2025. EPC-C71. Council tax band-C.

Agent Details

Clee Tompkinson & Francis, Swansea

01792 949775

Next Steps?

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