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.
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
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.
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:
Property Address: Swansea
Property Type: 3 Bed Terraced
Number of bedrooms: 3
Reception Rooms: 1
Bath/Shower rooms: 1
Agreed Sale Price: £70,000
Fair Market Value: £110,000 - £115,000
Available in Investors Private area - if you do not have access please click the green button below:
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? Refurb required
Price negotiable? No
Property Type: Terraced
Freehold or Leasehold: Freehold
Exit Strategy 1: BTL
Exit Strategy 2: Flip
Exit Strategy 3: Capital Appreciation
Target Demographic: Investor for high yields
New kitchen, bathroom, flooring and painting required, all cosmetic works.
Refurbishment costs: £12,450 - £13,750
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
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.
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.
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).
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