Walter Road, Swansea, SA1 5RQ

Walter Road, Swansea, SA1 5RQ - Let Property

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Property ID: 219464895

Monthly Income

£3,405

Current Yield

13.7%

Tenancy status

Tenanted

CapitalAppreciation

+6.23%

Key features

6 Bedroom HMO
Spacious Rooms
Well Equipped Kitchen
Buy-to-Let Opportunity
Tenant Currently Situated
Likely to attract enquiries from Serious Investors & Developers.
INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

A 6 bedroom HMO located in Swansea currently being occupied as a HMO. There are various valuable amenities within walking distance of the property and it is able to generate fantastic rental returns.

For investors looking for a rewarding investment, this is a brilliant opportunity!

The property features 6 bedrooms, kitchen, bathroom, and has several tenants currently situated.

Investment details

It currently produces an annual gross income of £40,860 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

We are committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

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Purchase Price

Assumed purchase price based on home report value

Stamp Duty Tax

Est. Legal Fees

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Calculated Returns

Capital appreciation calculated based on location, property type, and market value. Learn more

Current Rent

Potential Rent

Purchase Costs

Net Rental Income3405/mo

Monthly Capital Appreciation/mo

Total Net Returns/mo

Total ROI

Investment Returns

Current Monthly Rent

£3405 pcm

Current Rental Yield

13.7%

Potential Market Value Rent

£3405 pcm

Potential Rental Yield

13.7%

Estimated Monthly Capital Appreciation

£1558

Area Capital Appreciation Rate

+6.2%

Let Property Pre Checks

Tenancy Checks

Tenancy Agreement

Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.

Proof of Rental Income

Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.

Length of Tenancy

Length of Tenancy has been verified by Let Property by reviewing the date from when the provided tenancy documentation began.

Property Checks

Property Tenure

Verified as Freehold

Property Tenure documentation has been provided to Let Property and has been Verified.

EICR

EICR documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

Gas Safety

Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

HMO License

HMO License documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

EPC

EPC documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.