£260,000
6 bed property for salePaxton Street, Sandfields, Swansea SA1
6 beds
3 baths
1 reception
EPC Rating: E
Added on
About this property
HMO Licensed Until 14.12.2029
Sold With Tenants In Situ
Six Letting Rooms
Two Shower Rooms and a Bathroom
Communal Lounge
Courtyard Garden to Rear
Convenient Location
Ideal Investment
An exceptional investment opportunity to acquire a substantial six-bedroom HMO situated in the heart of Swansea City Centre. This impressive end-of-terrace property is arranged over three floors and is currently partially, providing an immediate income-producing asset for investors.
The accommodation comprises six generously sized letting rooms, together with communal facilities, all of which are well presented and maintained. The property's large footprint and spacious room sizes set it apart from many comparable HMOs in the area, helping to ensure strong tenant demand and consistent occupancy levels.
Ideally located within walking distance of Swansea City Centre, Swansea University, local amenities, transport links and major employers, the property is perfectly positioned to attract students and professional tenants alike.
A rare opportunity to purchase a fully occupied, income-generating HMO in a prime city-centre location with strong rental demand and excellent long-term investment potential.
Ground Floor
Entrance
Hallway
Kitchen (5.71m x 1.77m (18'8" x 5'9"))
Communal Lounge (3.52m x 2.94m (11'6" x 9'7"))
Shower Room
W.C
Letting Room 1 (5.04m x 3.39m (16'6" x 11'1"))
Letting Room 2 (3.78m x 3.19m (12'4" x 10'5"))
Shower Room
First Floor
Landing
Letting Room 3 (4.20m x 4.01m (13'9" x 13'1"))
Letting Room 4 (2.99m x 2.94m (9'9" x 9'7"))
Letting Room 5 (3.97m x 2.94m (13'0" x 9'7"))
Communal Laundry Area (4.10m x 1.77m (13'5" x 5'9"))
Bathroom
Second Floor
Letting Room 6 (3.57m x 2.74m (11'8" x 8'11"))
External
Rear Courtyard
Tenure - Freehold
Council Tax Band - B
Epc-e
Hmo
Licensed Until 14.12.2029
Sold with tenants in situ
Services
Mains Gas & Electric
Mains Sewerage
Water: Billed
You are advised to refer to the Ofcom checker for information regarding mobile signal and broadband coverage
Income
The property currently generates a rental income of £450 per room, per calendar month, inclusive of bills, producing a gross monthly income of £2,700 and a gross annual income of £32,400.
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