Kings Road, Swansea SA1 1 bed flat for sale

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Kings Road, Swansea SA1 1 bed flat for sale

Kings Road, Swansea, SA1
£112,500

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 1-bedroom flat in Swansea is a fantastic investment opportunity, with a tenant already in place and generating an annual gross income of £10,200. The property is well-maintained and features a spacious lounge, modern kitchen, and 1 bedroom. With a current purchase price, the new owner could increase the annual income to £10,284, making it a worthwhile addition to their property portfolio. The current tenants have been long-term residents, paying rent consistently for several years and have no plans to move out, ensuring a smooth transition for the new owner.