1 bed flat for sale

114B Tycoch Road, Sketty, Swansea, West Glamorgan SA2

For sale by online auction - Lot 77 - Flat for investment/owner occupation
Bidding opens: 11/03/2025 12:00
Auction scheduled to end: 13/03/2025 18:58

Refurbished First Floor Studio Flat Ideal Investment Opportunity

An excellent opportunity to acquire a fully refurbished and improved studio flat situated in prominent Sketty/Tycoch Square area, previously operated as a Furnished Holiday Let. This property is well-suited for buy-to-let investors or owner-occupiers.

Key Benefits:

No council tax if operated as a Furnished Holiday Let

No water/sewage charges due to direct main water connection!

Zero ground rent & service charges!

UPVC double glazing, electric heaters & luxury vinyl tile (lvt) flooring.

Rental Potential:

Expected rental income: £650+ pcm

Previously let at £675 - £875 pcm (tenant covering own electricity)

Estimated rental yield: 12-15%

Prime Location:

Situated close to Singleton Hospital, Singleton Park, and the beach, with excellent local amenities and transport links

virtual tour

First Floor Entrance, kitchen shower/wc lounge/bedroom

Tenure:
Advised Leasehold - The term of the lease is 1000 years from March 1914 (889 years remaining on the lease) to be verified by solicitor.

Tenancies:
To be sold with vacant possession but should let at £650.00 pcm

Please note the property was previously Let at the below:

£875 per month (inclusive of all bills)
£675 per month (exclusive of bills)

investors If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email for invaluable advice.