1 bedroom apartment

Heol-Y-Gog, Gowerton, Swansea, SA4 3BX

Size: sqm

Purchase price

£80,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £4,400
Ground rent £10
Service charge £300
Net income £4,090
Gross yield 5.5%
Net yield 5.11%

We’re pleased to offer this brilliant readymade investment opportunity for sale, sold with tenants in situ meaning you can generate immediate income straight from completion. Already generating a NET yield above 5%, with scope to increase this to near 6.5%, this is sure to make a fantastic addition to an investor’s portfolio.

The first-floor apartment briefly compromises of a spacious neutrally decorated living area, kitchen, and bathroom including a three-piece suite, large double bedroom, and front and back yards.

Heol-Y-Gog is located in a popular residential location, in the highly desirable area of Gowerton, Swansea. Gowerton is the gateway to the Gower Peninsula, the second most populous local authority area in Wales with an estimated population of 246,563 in 2020 – which is great news for tenant demand.

The second largest city in Wales, Swansea is a county with an important cultural, economic and trading centre and industrial base. It’s one of the top places to visit in Wales with a vibrant cultural offering and plenty of beautiful scenery and beaches. Swansea Bay has a long promenade, piers, cafes, restaurants and entertainment facilities.

Swansea University is just a 15-minute drive from the property, which recently achieved its highest-ever ranking in the Times Higher Education World University Rankings. Now appearing among the top 300 elite institutions across the globe and placing 26th out of 121 institutions in the Guardian University Guide 2023 it has attracted a student population of over 24,000.

The recently announced £1.3billion Swansea Bay City Deal means now is the perfect opportunity to invest. The plans are expected to provide an economic boost to the region and create over 9000 jobs, which will undoubtedly affect property values in the area in a positive way and drive rental demand.

ENQUIRE TODAY ON THIS READY-MADE INVESTMENT OFFERING A FANTASTIC YIELD! One double-bedroom first-floor apartment in a sought-after residential location in Swansea.

Interested in this property? Enquire today for more information

Key features

Key features

Fantastic buy-to-let investment

Key features

Sold with long term tenants in situ

Key features

Spacious one bedroom apartment

Key features

Great location

Key features

Close by to Swansea city centre

Key features

Front and back yard

ENQUIRE TODAY ON THIS READY-MADE INVESTMENT OFFERING A FANTASTIC YIELD! One double-bedroom first-floor apartment in a sought-after residential location in Swansea. More info...

We’re pleased to offer this brilliant readymade investment opportunity for sale, sold with tenants in situ meaning you can generate immediate income straight from completion. Already generating a NET yield above 5%, with scope to increase this to near 6.5%, this is sure to make a fantastic addition to an investor’s portfolio.

The first-floor apartment briefly compromises of a spacious neutrally decorated living area, kitchen, and bathroom including a three-piece suite, large double bedroom, and front and back yards.

Heol-Y-Gog is located in a popular residential location, in the highly desirable area of Gowerton, Swansea. Gowerton is the gateway to the Gower Peninsula, the second most populous local authority area in Wales with an estimated population of 246,563 in 2020 – which is great news for tenant demand.

The second largest city in Wales, Swansea is a county with an important cultural, economic and trading centre and industrial base. It’s one of the top places to visit in Wales with a vibrant cultural offering and plenty of beautiful scenery and beaches. Swansea Bay has a long promenade, piers, cafes, restaurants and entertainment facilities.

Swansea University is just a 15-minute drive from the property, which recently achieved its highest-ever ranking in the Times Higher Education World University Rankings. Now appearing among the top 300 elite institutions across the globe and placing 26th out of 121 institutions in the Guardian University Guide 2023 it has attracted a student population of over 24,000.

The recently announced £1.3billion Swansea Bay City Deal means now is the perfect opportunity to invest. The plans are expected to provide an economic boost to the region and create over 9000 jobs, which will undoubtedly affect property values in the area in a positive way and drive rental demand.

  • Key features
    Tick Desktop Fantastic buy-to-let investment
    Tick Desktop Sold with long term tenants in situ
    Tick Desktop Spacious one bedroom apartment
    Tick Desktop Great location
    Tick Desktop Close by to Swansea city centre
    Tick Desktop Front and back yard
  • LocationLocation

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £4,400
Ground rent £10
Service charge £300
Net income £4,090
Gross yield 5.5%
Net yield 5.11%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.