6 Bed Flat For Sale Cromwell Street, Swansea, SA1
£194,000- Flat
Auction Property
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Last Updated: 25th April 2024
Description
FOR SALE BY ONLINE AUCTION - Lot 5 - Residential Investment\r
ONLINE AUCTION from 14th MAY-16th MAY\r
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A deceptively spacious 3 storey mid terraced HMO property situated in a pleasant street with views across Swansea and Swansea Bay. The property is currently arranged as 2 self- contained flats (6 bed HMO license) both with separate utilities one with two bedrooms and one with four bedrooms, along with two kitchens and two bathrooms. There is a courtyard area with rear and side access leading to the front and a ground floor room. The tenants are paying £450 per room per calendar month an income of £32,400 per annum. The HMO Licence is valid until 16/5/2026 (see legal pack).\r
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Swansea is seeing extensive regeneration and is a fantastic investment area due to the businesses and students in the area (Swansea University). Excellent commuter links via the M4 and rail. Swansea is the second largest City in Wales. Gower was the first place in Britain to be named an Area of Outstanding Natural Beauty (AONB). With cliffs and woodlands ringed by sparkling beaches, the Gower peninsula is so adored by walkers, birdwatchers, sunbathers and surfers, this 70-square-mile (180sq km) paradise has been scooping awards ever since. The dramatic landscape of the Gower Peninsula must be seen to be believed. There are numerous attractions to enjoy in this remarkable outcrop of land. Three Cliffs Bay is regularly voted one of the most dramatic locations in Britain, requiring a 20 minute walk to reveal its true splendour. The huge sweep of Rhossili Bay, featuring the broad expanse of Llangennith Beach is equally awe-inspiring - it's as if you've reached the furthest point of land on the planet. \r
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VIRTUAL TOUR\r
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Ground Floor - self contained flat: 2 bedrooms, kitchen, bathroom, vacant room\r
First and Second Floor - self contained flat: 4 bedrooms, kitchen, bathroom \r
Outside:Rear Courtyard with rear and side access\r
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Tenure:\r
To be sold with tenants in situ \r
The property is let at £2,700 pcm (£32,400 p/a)\r
\r
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Tenancies:\r
To be sold with vacant possession
ONLINE AUCTION from 14th MAY-16th MAY\r
\r
A deceptively spacious 3 storey mid terraced HMO property situated in a pleasant street with views across Swansea and Swansea Bay. The property is currently arranged as 2 self- contained flats (6 bed HMO license) both with separate utilities one with two bedrooms and one with four bedrooms, along with two kitchens and two bathrooms. There is a courtyard area with rear and side access leading to the front and a ground floor room. The tenants are paying £450 per room per calendar month an income of £32,400 per annum. The HMO Licence is valid until 16/5/2026 (see legal pack).\r
\r
Swansea is seeing extensive regeneration and is a fantastic investment area due to the businesses and students in the area (Swansea University). Excellent commuter links via the M4 and rail. Swansea is the second largest City in Wales. Gower was the first place in Britain to be named an Area of Outstanding Natural Beauty (AONB). With cliffs and woodlands ringed by sparkling beaches, the Gower peninsula is so adored by walkers, birdwatchers, sunbathers and surfers, this 70-square-mile (180sq km) paradise has been scooping awards ever since. The dramatic landscape of the Gower Peninsula must be seen to be believed. There are numerous attractions to enjoy in this remarkable outcrop of land. Three Cliffs Bay is regularly voted one of the most dramatic locations in Britain, requiring a 20 minute walk to reveal its true splendour. The huge sweep of Rhossili Bay, featuring the broad expanse of Llangennith Beach is equally awe-inspiring - it's as if you've reached the furthest point of land on the planet. \r
\r
VIRTUAL TOUR\r
\r
\r
Ground Floor - self contained flat: 2 bedrooms, kitchen, bathroom, vacant room\r
First and Second Floor - self contained flat: 4 bedrooms, kitchen, bathroom \r
Outside:Rear Courtyard with rear and side access\r
\r
Tenure:\r
To be sold with tenants in situ \r
The property is let at £2,700 pcm (£32,400 p/a)\r
\r
\r
Tenancies:\r
To be sold with vacant possession
Agent Details
Paul Fosh Auctions
108, Lower Dock Street, Newport, NP20 2AG
Show Contact Number
01633 254 044
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.