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Buy-to-Let Deal of the Month

This month, 2 properties have caught my eye as potentially interesting buy-to-let options. They came to my attention as I received a Rightmove Property Alert to say their prices had been reduced.
 
   
 
Pictured left, Phillip Street in Manselton - click here to view the brochure
Picture right, Manor Road in Manselton - click here to view the brochure.

 

Both need minor cosmetic work (one more than the other, as you can see from the marketing photos), but both would be ideal for the professional rental market.

 

Though it is an area with a lot of old houses that would need checking thoroughly for damp, I think Manselton is a great place for buy-to-let investment - if you can get the right house for the right price!

 

The location is ideal for easy access to the City Centre, as well as the major thoroughfares in and out of Swansea, Fforestfach, and Morriston. 

 

Well-presented 2 bedroom properties in Manselton easily achieve &550pcm. If you were to put in a cheeky offer of &5,000 below the asking price, they would achieve yields of 7.7% (Phillip Street) and 8.25% (Manor Road) respectively. 

 

If you are planning to invest in property in Swansea, and would like to know where the best place to buy to let is, you can book a FREE 30 minute consultation with us - give the team a call on 01792 430100, or click here to send us an email.

 

Image Sources: Purplebricks / Peter Alan

 

Related: A Guide to Buy-to-Let for New Investors / Planning to Invest in Swansea? / Lets with Pets

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