Incredible Buy To Let or Flip Opportunity – Swansea

£997.00

Excellent Buy To Let opportunity in a great area of Swansea with high rent yields.

£997 IS THE DEPOSIT – FULL FEE £2,997 – £2K DUE ON COMPLETION
Buy To Let Terraced house in Swansea in need of refurbishment and repair.

  • Purchase price £70,000
  • Refurb £18,750 – £20,550
  • Total buying costs £96,970.00
  • Full estimated value £120,000 – £125,000
  • Equity £22,000 – £27,000
  • 52% – 95% R.O.C.E (including sourcing fees) -Swing explained below
  • All of your money back in 20 – 23 months
  • Net cashflow after all payments £337 – £347/month
  • Ask us if you need help with mortgages / legals etc.

This requires the investor to have sufficient funds to buy the property itself, you will be required to produce valid identification and proof of funds.

1 in stock

Category:

Description

Want more information on this or our other properties?

If you would like first access to our properties then book a call with us below:

Valuation

£120k - £125k

R.O.CE.

56% - 115%

Equity

£24,000 - £29,000

Money Left In

£3,400 - £7,100

Months To 100% Return

10 - 21 Months

The Property

We are delighted to present this investment opportunity property which is in a sought after area of Swansea where rents and prices have been increasing strongly as compared to the U.K average in recent years.

  • This area gives strong rent yields.
  • It benefits from significant investment and economic prospects.
  • It is a key strategic U.K city growing strongly.
  • It has a strong, well knit community.

The property is a 3 bed end terrace house in need of some refurbishment and repair works (details below), it is in a great area for rentals where we can maximise your returns.

If you owned this property for 5 years and the growth mirrored the last 5 years in that time you would have made £16,250  in Capital Appreciation which is equivalent to an extra £270/ month on top of the rental profits.

If you only owned 25% of it and the 75% was mortgaged you'd still have kept 100% of the increased value.

Data from Zoopla below:

If you have signed our NDA forms you will be able to read the below by logging in, if not then click the button below to become one of our qualified investors and get full access to all our properties 48 hours before everyone else.

Details:

Property Address: Swansea

Property Type: 3 Bed Semi Detached

Number of bedrooms: 3

Reception Rooms: 1

Bath/Shower rooms: 1

Agreed Sale Price: £70,000

Fair Market Value: £120,000 - £125,000

Sale And Rental Comparables:


Available in Investors Private area - if you do not have access please click the green button below:

Rental Comparables:


Available in the Investors private area - if you do not have access, please contact us.

Market Status: Quick sale

Reason for sale: Not stated

Any issues?  knotweed, plan for mortgageability and resale value included in refurb costs.

Price negotiable? No

Property Type: Semi-Detached

Freehold or Leasehold: Freehold

Exit Strategy 1: BTL

Exit Strategy 2: Flip

Exit Strategy 3: Capital Appreciation

Target Demographic: Investor for high yields

​Refurbishments Required

The property requires a cosmetic refurbishment in that it needs a new kitchen, bathroom, walls, floors, doors and fittings as well as a knotweed management plan.

Refurbishment costs:  £18,750 – £20,550

Exit Strategy BTL (Buy To Let)

For access to the full calculations sheet please see the investors private area, if you do not have access click one of the the green Not A Registered Investor Buttons on this page

Notes On The Varying Returns

The estimated full value of this property is within a range for this property in refurbished condition.

The refurb contains a 10% contingency fund.

The range of potential returns are between a worst and best case scenario.

We expect to achieve towards the top end of our expectations on this property.

The Opportunity Area

This is an opportunity designed for a specific market - rents in Swansea.  

Properties in Swansea have risen well over the last 20 years and have the potential to balloon if the new tidal lagoon project to power much of the UK is granted the go ahead making Swansea a central hub of UK power production.

Regardless of that project, house prices in Swansea have held their value well during recent times and are likely to rise over time.

Our Fees:

Consultancy Fee - £2,997 (Deposit £997)

To secure this fantastic opportunity today please call or email on the details below or pay the deposit by clicking the buy now button at the top of this page:

Meirion Jones – Director
E: meirion@lifesizeproperty.co.uk
M: 07827 227886

Martin Howard – Director
E: martin@lifesizeproperty.co.uk
M: 07851 873995

Terms:

The information contained in this presentation is an overview of the property and investment available. Please note at this stage it is within non-disclosure status.

In order to secure the investment opportunity a £997 non-refundable deposit (unless there is an issue with the property or the vendor) is required, along with ID and proof of funds.

Please note that if you as the investor decide to pull out of the deal at any time the non-refundable deposit will remain with Life Size Property Ltd, unless there is a change of circumstance with the vendor and out of our control (Should this situation occur, Life Size Property Ltd shall refund the deposit minus £200 covering our administration and time).

Life Size Property Solutions Ltd

Is bound by the code of conduct, standards and processes of The Property Ombudsman as well as being ICO registered and fully GDPR compliant.