The Promenade, Swansea, Wales, SA1
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The Promenade, Swansea, Wales, SA1

By Whoobid

£ 190,000

Reviews

2 out of 5 stars

Whoobid says ..

**For Sale By Online Auction** Pre Auction Offers Considered** 5 Bedroom HMO** Currently configured into five self-contained studio flats, this property generates a gross annual income of £34,680 when fully tenanted - with the potential to increase.

Property Oracle says ..

The property is a 5 bedroom, 5 bathroom terraced house located on The Promenade in Swansea, Wales. The list price is £190,000. The property appears to be in need of some modernisation and updating. While the structure seems sound, many rooms show signs of wear and tear, and the decor is dated. The bathrooms, in particular, show signs of age and could benefit from refurbishment. The kitchen is functional but would also benefit from an upgrade. The property benefits from a small garden area. While not extensive, it provides some outdoor space. The location is attractive, offering proximity to Swansea city centre and the coastline. The presence of nearby schools and transportation links adds to its appeal. Considering comparable properties in the area, the list price of £190,000 appears to be relatively reasonable. Nearby terraced houses have sold for prices ranging from £153,000 to £220,000. While the average price for the area is significantly higher (£302,231), this property’s condition and smaller plot size justify a lower price. However, the lack of square footage data makes a precise price-per-square-foot comparison impossible.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
8
Land
3
Bedrooms
5
Bathrooms
5

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
273,747.00 £
Decreased by 7.23 %
from 295,097.00 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Whoobid created the listing.

Nearby Schools

NameTypeOfstedDistance
Terrace Road Primary SchoolWelsh Establishment0.46 KM
Sea View Community Primary SchoolWelsh Establishment0.55 KM
St Helen'S Primary SchoolWelsh Establishment0.85 KM
Christchurch (C.I.W.) Voluntary Aided Primary SchoolWelsh Establishment1.07 KM
Ffynone House School TrustWelsh Establishment1.09 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Furze Bank £ 000.00 KM
Verandah Street £ 000.00 KM
Oaklands Terrace £ 000.00 KM
Wordsworth Street £ 000.00 KM
George Street £ 210,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Swansea4222SWA1.06 KM
Llansamlet4223LAS8.49 KM
Gowerton4131GWN9.86 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Promenade, Swansea, Wales, SA1 £ 190,000BUY5 / 100.00 KM
Rhondda Street, Swansea, SA1 £ 150,000BUY6 / 100.08 KM
Rhondda Street, Swansea, SA1 £ 170,000BUY6 / 100.08 KM
Heathfield, Swansea £ 450,000BUY6 / 100.14 KM
Carlton Terrace, Swansea, Swansea, SA1 6AB £ 324,995BUY5 / 100.15 KM

Nearby Properties

AddressPriceDistance
15 The Promenade £ 153,0000.01 KM
3 The Promenade £ 162,0000.01 KM
20 The Promenade £ 159,0000.01 KM
6 The Promenade £ 175,0000.01 KM
7 The Promenade £ 160,0000.02 KM