Lluest, SWANSEA
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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Key features
- Investment Opportunity
- Two bedroom flat
- Lounge
- Kitchen
- Shower room
- Tenant in Situ
Description
Two-Bedroom Flat | Tenant In Situ | £70,000
Looking to grow your property portfolio with minimal hassle? This is your chance to acquire a well-located two-bedroom flat with a long-term tenant already in place, currently paying £600 PCM – and the rent is in the process of being increased! The flat was improved in 2023 to comply with current Rent Smart Wales Regulations.
That’s right – no void periods, no set-up delays. Just immediate income from the day you complete. The flat offers comfortable living space, neutral décor, and an attractive location, on the edge of The Brecon Beacons, for tenants looking for value, convenience, and connectivity.
Let’s talk numbers:
Current Rent: £600 PCM / £7,200 PA
Purchase Price: £70,000
Gross Yield: approx. 10.29%
(And that yield improves further with the upcoming rent increase!)
Plus, transport links have never been better. The newly completed Heads of the Valleys road now provides fast, direct access to both Abergavenny and Newport and The Midlands, making this an ideal location for commuting tenants. The M4 corridor is easily reached, opening up wider job markets and increasing tenant demand.
Opportunities like this don’t come often. A ready-made investment with solid returns and improving infrastructure – all for £70,000.
Call now to book a viewing or request more details!
Disclaimer
Darlows Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
Darlows Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Brochures
Brochure 1- 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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Lluest, SWANSEA
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Visit our security centre to find out moreDisclaimer - Property reference 1188_DAR118800058. 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 Darlows, Llantrisant. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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