Banwell Court, Banwell Street, Treforys, Abertawe, Swansea, SA6 7BU
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
12
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Block of 6x2 Bed Flats
- Modern Design
- Spacious Layout
- Quiet Residential area
Description
ONLINE AUCTION from 20th MAY - 22nd MAY 2025
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 flats boast a modern design with a spacious layout, perfect for individuals or small families. The nearby amenities in Morriston provide convenience and ease of access to local shops, restaurants, and transport links. With a council tax band of A, this property offers great value for money for tenants.
Located in a quiet residential area, Banwell Court is ideal for those looking for a peaceful retreat while still being within reach of the bustling city centre. Whether you enjoy leisurely walks in the nearby parks or exploring the historic landmarks in the area, there is something for everyone to enjoy.
Currently letting at £750pcm per flat. Fully let total income £54,000, commanding an exceptional yield of 18%.
Flats are leasehold - 99 years from 25 March 1976, so 50 years remaining. We have been informed that you can purchase the freehold for the 6 x flats (Please review legal pack).
The site also offers further scope for a larger development of flats in the future (STPP).
Close to the city centre, a major suburb of Swansea. A short distance away from schools and the local amenities of Morriston with its convenience stores, banks, restaurants and takeaways. It is on a good bus route and close to major employers at the DVLA, Morriston Hospital, Swansea Enterprise Park and Morfa Retail Park. Also located nearby is the Swansea.com football stadium, home of Championship team Swansea City AFC. Morriston is well accessed via A4067, A48, B4603 and lies approximately 3miles north-east of Swansea. Easy access to the M4 motorway (junction 45).
VIRTUAL TOUR
Tenure:
Advised Leasehold - to be verified by solicitor
Tenancies:
INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email for invaluable advice.
Brochures
Legal DocumentsOnline Bidding- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Banwell Court, Banwell Street, Treforys, Abertawe, Swansea, SA6 7BU
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Visit our security centre to find out moreDisclaimer - Property reference 292597. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Paul Fosh Auctions, Newport. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Paul Fosh Auctions, Newport on 01633 603042.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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