High Yield Apartment in Swansea City Center!

High Yield Apartment in Swansea City Center!

£299.00

Here is an opportunity to pick up an apartment in Swansea City Center below market value! This apartment must go for £65,000! It is easily worth £90,000 as shown by my comparable sales within the same building!

Property Details:

Purchase Price: £65,000
Renovation Costs: £0
Estimated End Value: £90,000

Investment Potential:

BTL Cash Flow: £354 per month

Reserve this deal for £299. This is a fully refundable reservation fee should you choose not to go ahead after completing your due diligence.

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Investment Opportunity – Swansea City Centre

Here in the heart of Swansea, we have a rare opportunity to secure a property before it reaches auction — at the guide price of just £65,000. Due to personal financial circumstances, the owner is motivated to sell quickly. Notably, they sold another apartment in the same building for £93,000 just last year.

The apartment is in excellent condition and comes with a reliable, long-term tenant currently paying £795 per month. The tenant maintains the property to a high standard and treats it as their home. The building itself is well kept and ideally located, just a five-minute walk from Swansea train station and the city centre amenities.

This property can be purchased with cash or on a bridging loan, and then refinanced at approximately £90,000, allowing you to leverage your borrowing and increase yield. Based on a 75% loan-to-value mortgage at 5% interest, this property generates a monthly cash flow of £354.

With an annual service charge of £1,500, the property delivers a net annual passive income of £2,748 — all from a hands-off, well-located city centre investment.