6 Bed HMO, Swansea, SA1 6BQ, £219,995

Hanover Street, Swansea, City And County of Swansea., SA1 6BQ - 1 views - a month ago

Sold STC
HMO
ROI: 3%
~186 m²
+6 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£54,999

Stamp Duty & Legal Fees

£12,200

Total Cash In

£67,199

 

 

Cash Out

 

Room Rate

£317

Gross Rent

£1,900

Running Costs/mo

£1,704

Cashflow/mo

£196

Cashflow/yr

£2,352

ROI

3%

Gross Yield

10%













Property History

Listed for £219,995

March 17, 2025

Floor Plans

Description

  • Substantial turn key investment property +
  • Licensed 6-bed HMO +
  • Communal Lounge * Two bathrooms +
  • Available occupied with current income +
  • Some Sea Views +
  • Front and rear gardens +
  • Close to Two Universities +
  • Let for £1900 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. All rooms benefit from individual wash hand basins. The property enjoys a Sea Views from the Upper floor 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 £1900 pcm exc bills. EPC-E.

Agent Details

Clee Tompkinson & Francis, Swansea

01792 949775

Next Steps?

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