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7.7% Yield on 2 Bed Family Home

This month, I have found this lovely 2 bedroom starter home in the popular location of Garden Village, just on the outskirts of Gorseinon. With excellent links to the M4 and Swansea City Centre, and a larger-than-average (flat!) rear garden, this property would be highly desirable to young families.

 

Click here to view the brochure.

 

With a light refurbishment, I believe the property would achieve around &550pcm. The asking price currently &89,950, but if an offer of &85,000 was accepted, this would equate to a yield of just over 7.7%.

 

   

 

We find that properties in this location tend to attract very long-term, professional tenants who have family in the area and are looking to find a place to settle, which makes this an ideal property to consider if you are looking for long term tenants. 

 

If you are considering buying an investment property in Swansea and would like some free advice, please get in touch - you can email me by clicking here. 

 

Image Source: No. 86 Estate Agency

 

Related: 5 Top Tips for Buying Property at Auction / What Makes a Good Property Investment in Swansea?


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