5 Bed HMO, Swansea, SA1 3TQ, £199,995

Richardson Road, Swansea, City And County of Swansea., SA1 3TQ - 5 views - 3 months ago

Sold STC
HMO
ROI: 14%
~178 m²
+7 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£49,999

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,199

 

 

Cash Out

 

Room Rate

£464

Gross Rent

£2,320

Running Costs/mo

£1,643

Cashflow/mo

£677

Cashflow/yr

£8,124

ROI

14%

Gross Yield

14%













Property History

Listed for £199,995

January 17, 2025

Floor Plans

Description

  • Mid terraced 5-bed HMO turn key investment +
  • Open plan kitchen lounge breakfast room +
  • 1st floor bathroom with WC +
  • 1st floor shower room * Attic room +
  • Enclosed rear garden +
  • Lots of external improvements made +
  • Available furnished +
  • Walking distance to the city centre and Swansea Bay +
  • Services Swansea University well +

A 5-bed licensed HMO turn key investment property located within the Sandfields area of Swansea. Accommodation includes; entrance hallway, kitchen lounge breakfast room, 1st floor bathroom plus additional shower room. To the second floor is an attic room. Externally the property has an enclosed rear garden. The property has had the benefit of an improvement grant externally. The property is walking distance to Swansea Bay and the City Centre. Swansea University is short bicycle ride away. The property is available fully furnished. Council tax Band-C.

Agent Details

Clee Tompkinson & Francis, Swansea

01792 949775

Next Steps?

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