Those of you who, like me, love looking at property online will be excited to hear that the most expensive streets in Wales in 2018 have been announced, with two streets in Swansea making an appearance in the top 10.
Complied by Lloyd’s Bank, the list reveals the most expensive street in Wales to be Llys Helyg Drive in Llandudno.
Homes on the plush street – known locally as Millionaires’ Row – sold for an average of £1.24m in 2018, which is unsurprising given its stunning views and close proximity to the centre of the town.
Next on the list is St Julian Street in the seaside town of Tenby, followed by Llandaff Place in Cardiff.
Langland tops the list for Swansea
The most expensive street in Swansea – and sixth overall in Wales – was St Anne’s Close in Langland, Mumbles, where the average house price in 2018 was £835,000.
St Anne’s Close is situated in an enviable position; residents can easily walk down to the beach, or into Mumbles Village for a spot of shopping or lunch, or stay home and admire the stunning views over Langland Bay. For those who frequent Langland Brasserie, you’ll know the houses on this road as being the fancy ones you can see from their terrace!
Mumbles Road in Swansea
Mumbles Road in Swansea finished the top 10 (in tenth place). The properties on this street were worth an average of £776,000 in 2018.
The street is right on the coast, and offers stunning sea views across Swansea and Mumbles Bay. The houses here are a stone’s throw from the promenade, and not much further from an array of restaurants and boutique shops.
It’s easy to get from here into Swansea City Centre for work or transport beyond.
Will Langland top the bill for 2019?
The Mumbles seafront development has been deemed a huge success. Its stunning coastal location combined with the possibility there will be further developments in the area seem to have investors lining up.
The latest development of executive homes is almost complete. ‘Westwinds’, a collection of 4 contemporary homes overlooking Langland Bay are on the market with an impressive £2.1m price tag. Could these properties see a Swansea street topping the Most Expensive Streets list for 2019?
Whilst these properties would certainly not be an ideal BTL investment in Swansea, having properties in the immediate vicinity of our city centre hitting the headlines will surely attract attention. Articles will highlight what a fantastic location Swansea Bay is to live and work in, and will hopefully have a ripple effect throughout the Swansea property market.
Knowing the places that are popular for renters is key to understanding the buy-to-let market in Swansea. That is where McCartan Lettings can help; we have been analysing the Swansea market for over 10 years, and with our expert knowledge of our local area, we are in a prime position to help investors make the right decisions on where the best place is to buy to let in Swansea.
Source: Wales Online