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89 Sterry road, Gowerton, Swansea
£195,000 OIRO
Bedrooms
Bathrooms
Reception
Offers in the Region of 195,000
Freehold | No Chain | HMO Compliant | EPC Rating: D | Council Tax Band: C
Swansea West Sales & Lettings are pleased to present this spacious and compliant 5-bedroom HMO terraced property, perfectly situated in the heart of Swansea. A superb opportunity for landlords or investors seeking a move-in-ready, income-generating asset.
Key Features:Fully HMO Compliant Fire safety measures throughout
Freehold
No Chain Immediate Availability
Newly Carpeted & Freshly Painted Throughout
Worcester Combi Boiler Gas Central Heating
Gas Hob & Electric Oven
Two WCs + Separate Shower Room
Spacious Bedrooms & Living Areas
Council Tax Band: C
EPC Rating: D
Rear Garden Low Maintenance
Entrance Hallway (4.7m x 1m)
Grey carpet | Fuse board | Smart meter | 2x Light switches | 2x Smoke alarms | Double radiator
Bedroom 1 Front Downstairs (3.3m x 3.1m)
Grey carpet | Fire door | Double radiator | PVC window | Gas meter | 2x Sockets
Bedroom 2 Rear Downstairs (3.5m x 2.4m)
Grey carpet | Fire door | PVC window | 3x Sockets
Reception Room (3.6m x 2.8m)
Grey carpet | Worcester combi boiler | Carbon alarm | Fire exit light | PVC window | 3x Sockets | Radiator
Kitchen (4m x 2.8m)
Cushion flooring | Gas hob | Electric oven | 5x Sockets | Fluorescent light | PVC window | Radiator | Carbon alarm
Downstairs Shower Room (1.8m x 2.1m)
Combi shower | Toilet | Sink | Cushion flooring | PVC window | Isolator switches | Pull cord
Downstairs WC (1m x 0.7m)
Toilet | Sink | Cushion flooring | Pull cord | Extractor fan
Garden (4.6m x 4.4m)
Low maintenance outdoor space
Bedroom 3 Rear (3.6m x 2.8m)
Repainted | Grey carpet | PVC window with restrictor | Radiator | Smoke alarm | 3x Sockets
Bedroom 4 Side (3.5m x 2.4m)
Grey carpet | PVC window | Radiator | Smoke alarm | 3x Sockets
Bedroom 5 Front (4.1m x 3.5m)
Grey carpet | PVC window | Radiator | Smoke alarm | 3x Sockets
Upper Landing (4m x 1.6m)
Grey carpet | Double radiator | Smoke alarm | Fire exit light | Loft hatch | Small window
Located just a short walk from Swansea City Centre, the property is ideal for student or professional lets with easy access to local shops, university campuses, and transport links.
Contact Swansea West Sales & Lettings Today:
Email: info@swanseawestsalesandlettings.co.uk
Website: www.swanseawestsalesandlettings.co.uk
Phone: 01792 875417
Swansea West Sales & Lettings Local. Trusted. Professional.
Map location is not available for this property.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
89 Sterry road, Gowerton, Swansea
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