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
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Metrics Year-on-Year
- Average area value
- 273,747.00 £Decreased by 7.23 %
- Average area rental value
- 1,032.00 £/moDecreased by 0.77 %
- Est rental Yield
- 4.52 %Increased by 6.86 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Whoobid created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Terrace Road Primary School | Welsh Establishment | 0.46 KM | |
| Sea View Community Primary School | Welsh Establishment | 0.55 KM | |
| St Helen'S Primary School | Welsh Establishment | 0.85 KM | |
| Christchurch (C.I.W.) Voluntary Aided Primary School | Welsh Establishment | 1.07 KM | |
| Ffynone House School Trust | Welsh Establishment | 1.09 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Furze Bank | £ 0 | 0 | 0.00 KM |
| Verandah Street | £ 0 | 0 | 0.00 KM |
| Oaklands Terrace | £ 0 | 0 | 0.00 KM |
| Wordsworth Street | £ 0 | 0 | 0.00 KM |
| George Street | £ 210,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Swansea | 4222 | SWA | 1.06 KM |
| Llansamlet | 4223 | LAS | 8.49 KM |
| Gowerton | 4131 | GWN | 9.86 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| The Promenade, Swansea, Wales, SA1 | £ 190,000 | BUY | 5 / 10 | 0.00 KM |
| Rhondda Street, Swansea, SA1 | £ 150,000 | BUY | 6 / 10 | 0.08 KM |
| Rhondda Street, Swansea, SA1 | £ 170,000 | BUY | 6 / 10 | 0.08 KM |
| Heathfield, Swansea | £ 450,000 | BUY | 6 / 10 | 0.14 KM |
| Carlton Terrace, Swansea, Swansea, SA1 6AB | £ 324,995 | BUY | 5 / 10 | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 15 The Promenade | £ 153,000 | 0.01 KM |
| 3 The Promenade | £ 162,000 | 0.01 KM |
| 20 The Promenade | £ 159,000 | 0.01 KM |
| 6 The Promenade | £ 175,000 | 0.01 KM |
| 7 The Promenade | £ 160,000 | 0.02 KM |