PRIME NEW LISTING. We are excited to present this vacant 6 room, 27 bed HMO/Hostel located within a prime location in Swansea.
The property is fully equipped and ready to be utilised as a fully functional HMO/Hostel. It presents a perfect opportunity for ambitious investors or business owners looking to capitalise on its potential.
With the going rate for room rentals in the area at £70 per night, the property could potentially generate £1,323 per night. This equates to an impressive £482,895 per annum, based on a 70% occupancy rate.
Situated in a sought-after location, the property benefits from great footfall, passing trade, local amenities, and excellent transport links. It is priced to sell!
Location
Swansea, a coastal city in Wales, is renowned for its stunning beaches, vibrant cultural scene, and a range of local amenities. Its strategic location offers excellent transport links and a wealth of historical attractions, making it an appealing destination for both residents and visitors alike.
Accommodation
The property comprises an inviting entrance leading to a vibrant bar/social area, a practical storage room, and six spacious bedrooms, each with its own ensuite.
Terms
Guide Price - £405,000
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.