3 The Promenade, Swansea, West Glamorgan, SA1 6EN
- PROPERTY TYPE
Flat
- BEDROOMS
6
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- House with existing HMO License
- Excellent Investment
- Swansea Bay Views
- Versatile accommodation
Description
ONLINE AUCTION from 27th AUGUST-29th AUGUST
A deceptively spacious 3 storey mid terraced house previously housing students on an HMO licence but now selling with vacant possession. The property is situated in a pleasant street with views across Swansea and Swansea Bay and is currently arranged as 2 self- contained flats (6 bed HMO license) both with separate utilities one with two bedrooms and one with four bedrooms, along with two kitchens and two bathrooms. There is a courtyard area with rear access leading to the front garden and a ground floor room. The previous tenants were paying £450 per room per calendar month an income of £32,400 per annum. The HMO Licence was valid until 16/5/2026 (see legal pack), though new owners will be required to re-new the licence via the local council.
Swansea is seeing extensive regeneration and is a fantastic investment area due to the businesses and students in the area (Swansea University). Excellent commuter links via the M4 and rail. Swansea is the second largest City in Wales. Gower was the first place in Britain to be named an Area of Outstanding Natural Beauty (AONB). With cliffs and woodlands ringed by sparkling beaches, the Gower peninsula is so adored by walkers, birdwatchers, sunbathers and surfers, this 70-square-mile (180sq km) paradise has been scooping awards ever since. The dramatic landscape of the Gower Peninsula must be seen to be believed. There are numerous attractions to enjoy in this remarkable outcrop of land. Three Cliffs Bay is regularly voted one of the most dramatic locations in Britain, requiring a 20-minute walk to reveal its true splendour. The huge sweep of Rhossili Bay, featuring the broad expanse of Llangennith Beach is equally awe-inspiring - it's as if you've reached the furthest point of land on the planet.
Ground Floor - self contained flat: 2 bedrooms, kitchen, bathroom, vacant room
First and Second Floor - self contained flat: 4 bedrooms, kitchen, bathroom
Outside:Rear Courtyard with rear and side access
Tenure:
To be sold with vacant possession
The property was let at £2,700 pcm (£32,400 p/a)
Tenancies:
To be sold with vacant possession
Brochures
Legal DocumentsOnline Bidding- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: D
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
3 The Promenade, Swansea, West Glamorgan, SA1 6EN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Swansea Station0.5 miles
- Llansamlet Station4.0 miles
- Gowerton Station4.0 miles
About the agent
Paul Fosh Auctions, Newport
108 Lower Dock Street, Newport, NP20 2AG
Paul Fosh Auctions was founded in 2001 and provides a quality auctioneering facility to estate agents, private clients, companies and statutory bodies across South Wales.
The Company is now widely regarded as the leading and indeed largest property auction house in Wales, selling more homes at auction than any other firm in the principality (Stats: Estates Gazette / Essential Information Group).
Paul Fosh Auctions holds monthly online auctions. Please contact us at your convenienc
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 257445. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Paul Fosh Auctions, Newport. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Paul Fosh Auctions, Newport on 01633 603042.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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