Cambrian Place, Swansea, SA1

PRICED TO SELL-VACANT & CHAIN FREE
CASH OR BRIDGING FINANCE ONLY SORRY DUE TO SIZE OF APPROX 275 Sq Ft
LEASEHOLD 92 YEARS REMAINING
GROUND RENT £75 PER ANNUM
SERVICE CHARGE £2400 PER ANNUM (Reflecting costs of a new roof, replacement carpets and painting in communal areas)
POTENTIAL RENT CIRCA £600 PCM - GROSS YIELD 16& PA

This well-planned ground floor studio apartment is situated in the sought-after Maritime Quarter, offering an excellent opportunity for both investors and first-time buyers. Priced to sell and available with no onward chain, the property is currently vacant and ready for immediate occupation. The studio measures approximately 275 square feet and comprises a spacious open-plan living and sleeping area, with fold away bed built into the wall, a fitted kitchenette, and a separate bathroom. With a Council Tax Band B and an EPC rating of D (with potential to improve to B), this apartment is both practical and efficient. The property is leasehold with 92 years remaining, a ground rent of £75 per annum, and a service charge of £2,400 per annum (reflecting recent investment in a new roof and communal decor). This studio is suitable for cash buyers or those using bridging finance, and offers an attractive potential rent of £600 per calendar month, equating to a gross yield of approximately 16 percent per annum.

Externally, the property benefits from unallocated on-street parking, providing convenient access for residents and visitors (subject to availability). The communal areas of the development have recently been updated, including refreshed decor and a new roof, ensuring a well-maintained and secure environment. The Maritime Quarter is renowned for its vibrant atmosphere and close proximity to Swansea Marina, the beach, and a variety of local amenities, including shops, cafes, and restaurants. Excellent transport links are available nearby, connecting you to Swansea city centre (which is in walking distance also) and the wider area. This studio flat represents a fantastic opportunity to acquire a low-maintenance home or investment property in a desirable coastal location. Early viewing is recommended to fully appreciate the value and potential on offer.

A Buyer’s Reservation Fee forms part of any agreed purchase price. Please contact branch for more information.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2: These particulars do not constitute part or all of an offer or contract.

3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.

4: Potential buyers are advised to recheck the measurements before committing to any expense.

5: MP has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.

6: MP has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Parking - On street

Unallocated