4 Bed HMO, Swansea, SA1 6ET £179,995

Rhondda Street, Mount Pleasant, Swansea., SA1 6ET - 1 views - a year ago
HMO
ROI: 5%
~113 m²
Property image

ValuationUndervalued

Sold Prices£78K - £450K
Sold Prices/m²£788/m² - £2.7K/m²

 

 

Square Metres

~113 m²
Price/m²£1.6K/m²

Value Estimate

£213,186
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£44,999

Stamp Duty & Legal Fees

£11,300

Total Cash In

£56,298

 

 

Cash Out

 

Room Rate

£390

Gross Rent

£1,560

Running Costs/mo

£1,322

Cashflow/mo

£238

Cashflow/yr

£2,857

ROI

5%

Gross Yield

10%

Local Sold Prices

25 sold prices from £78K to £450K, average is £175K. £788/m² to £2.7K/m², average is £1.9K/m².

Price
Date
Distance
Address
Beds
 
£125K04/230.07 mi15, Stanley Terrace, Swansea SA1 6EW4
£142.5K04/250.28 mi116, Rhondda Street, Mount Pleasant, Swansea SA1 6EU4
£110K05/250.32 mi1, North Hill Road, Mount Pleasant, Swansea SA1 6YB4
£265K04/230.42 mi19, Montpelier Terrace, Swansea SA1 6JW4
£346K09/230.43 mi21, Brooklands Terrace, Swansea SA1 6BS4
£150K05/250.52 mi19, Eigen Crescent, Mayhill, Swansea SA1 6LB4
£150K05/250.52 mi19, Eigen Crescent, Mayhill, Swansea SA1 6LB4
£140K06/210.55 mi116, Western Street, Swansea SA1 3JU4
£95K08/210.55 mi18, Dyfed Avenue, Townhill, Swansea SA1 6NP4
£412K07/250.56 mi4, Ffynone Drive, Uplands, Swansea SA1 6DD4
£147K07/250.58 mi6, Catherine Street, Central Swansea, Swansea SA1 4JT4
£175K09/210.61 mi30, Westbury Street, Swansea SA1 4JW4
£175K03/250.64 mi1, Ceiriog Road, Townhill, Swansea SA1 6NL4
£175K03/250.64 mi1, Ceiriog Road, Townhill, Swansea SA1 6NL4
£78K02/230.65 mi49, Windmill Terrace, St Thomas, Swansea SA1 8DN4
£175K11/210.65 mi14, Fleet Street, Swansea SA1 3UT4
£300K08/210.78 mi4, Mirador Crescent, Uplands, Swansea SA2 0QX4
£334K01/250.79 mi1, St Christophers Court, Maritime Quarter, Swansea SA1 1UA4
£325K07/210.79 mi59, St Catherines Court, Maritime Quarter, Swansea SA1 1SD4
£325K12/220.81 mi7, St Christophers Court, Maritime Quarter, Swansea SA1 1UA4
£171K08/210.82 mi97, St Helens Road, Swansea SA1 3UW4
£330K08/250.85 mi33, Eaton Crescent, Uplands, Swansea SA1 4QL4
£330K04/250.9 mi39, St Margarets Court, Maritime Quarter, Swansea SA1 1AZ4
£450K05/210.92 mi62, Eaton Crescent, Swansea SA1 4QN4
£375K11/210.99 mi57, Notts Gardens, Uplands, Swansea SA2 0RU4

Local Area Statistics

Population in SA1

47,355

Population in Swansea

269,408

Town centre distance

1.83 miles away

Nearest school

0.20 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-12%

Sales demand

Seller's market

Capital growth (5yrs)

+24%

Property History

Listed for £179,995

November 20, 2024

Floor Plans

Property image

Description

  • 4-bed turn key HMO investment property +
  • Currently let at @ £18,700 per annum +
  • Two shower rooms with WC +
  • Communal Lounge * Modern Kitchen +
  • Walking distance to Trinity St Davids Uni +
  • Close to city centre +
  • Excellent addition to a current portfolio +
  • Great 1st HMO buy to let investment +

A well maintained 4-bed licensed HMO turn key investment opportunity currently earning £1700 per month or £18,700 per annum bills excluded. Accommodation includes; two shower rooms with WC, communal lounge, modern kitchen, enclosed rear garden. The property is let until June 2025. The property is within walking distance of Trinity St Davids University of Wales Swansea, city centre and train station. A great first time HMO investment or great addition to your current portfolio.

Agent Details

Clee Tompkinson & Francis, Swansea

01792 949775

Next Steps?

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