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Banwell Court, Banwell Street... 12 bed block of apartments for sale
Banwell Court, Banwell Street, Treforys, Abertawe, Swansea, SA6 7BU
£260,000
Banwell Court, Banwell Street, Treforys, Abertawe, Swansea, SA6 7BU
£260,000
Our Summary
- FOR SALE BY ONLINE AUCTION - Lot 14- Residential Investment ONLINE AUCTION from 24th JUNE-26th JUNE Introducing Banwell Court a block of 6 x 2-bedroom flats situated in the area of Morriston, Swansea
- Each flat offers a comfortable and inviting living space for those seeking a long-term rental and is a perfect investment opportunity
- The site also offers further scope for a larger development of flats in the future (STPP)
Description
The property, Banwell Court, is a block of 6 two-bedroom flats located in Morriston, Swansea, offering a comfortable and inviting living space for long-term rentals. Each flat boasts a modern design with a spacious layout, perfect for individuals or small families. The property is situated in a quiet residential area, close to local amenities, shops, restaurants, and transport links. With a council tax band of A, it offers great value for money for tenants. Currently letting at £750pcm per flat, the property commands an exceptional yield of 18%. The flats are leasehold, with 50 years remaining on the lease, and there is also scope for a larger development of flats in the future (subject to planning permission). The property is well-located, close to the city centre, schools, and major employers, and is easily accessible via the M4 motorway.