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"FOR SALE BY ONLINE AUCTION Lot 42 Apartment for Owner Occupation Investment
ONLINE AUCTION from 15th APRIL 17th APRIL

A large first floor two bedroom apartment centrally located in Port Tennant, Swansea

The Apartment compromises of Lounge Kitchen Area with a utility off also. A bathroom with a shower over bath, and two large double bedrooms.

The property is located in the ever so popular area of Port Tennant, Swansea. Its location offers convenient access to the M4 Motorway, Swansea City Centre, Swansea University and the SA1 Waterfront.

To the first floor the flat contains a lounge kitchen, utility room, bathroom and two bedroom. To the second floor the flat contains a lounge kitchen, bathroom and bedroom.

The Apartment offers a great investment opportunity with a long term tenant in the area would pay between £800 £925PCM dependant on the quality of the refurbishment, there is a high demand from working professionals in the area and also with its close links to the local university and marina making it a central location.

An apartment next door has turned their unit into a service accommodation unit and rents to local contractors in the week and guests visiting Swansea at weekends, there is more work in the letting of this however the rental returns on a apartment in good quality in this area on a serviced accommodation would be near 18k per annum there are local agencies that can provide management services for this.

You could also purchase and refurbish and re sell again much demand for first time buyers and local investors wanting newly refurbished stock, prices in the area are high and if the apartment could be refurbished to a high standard then a good return on investment would be gained.




Tenure
Advised Leashold to be verified by solicitor

Tenancies
To be sold with vacant possession however could potentially achieve for the the area between £800 £925PCM dependant on the quality of the refurbishment"