Go back

2 Bed Apartment House For Sale Moorland Green, Swansea, SA4

£89,950- Apartment

Yield: 7.16%
1 of 15
Yield: 7.16%
Save
  • Rental Guide: £425 - £540
  • 2 Bedroom(s)
  • Description
  • Street View
  • Maps

Key Features

  • Tenure: Leasehold
Last Updated: 27th February 2020

Description

Davies Homes are pleased to offer this modern 2 bedroom flat in the much sought after Gorseinon area. The property boasts many useful commodities including, walking distance to nearby supermarkets and high street.
 
Hallway
Modern Grey effect laminate flooring. Storages access. Telecoms. Electric Wall Heater.
 
Master Bedroom
3.279m x 3.287m
Cream carpet fitted. Access to en-suite. Electric wall heater. uPVC double glazed window. Central light fitting.
 
En-Suite
1.794m x 1.669m
Grey effect laminate flooring. 3 Piece suite with WC, WHB and walk in shower.
 
Bedroom 2
3.299m x 2.824
Cream carpet fitted. Electric wall heater. uPVC double glazed window. Central light fitting.
 
Bathroom
2.609m x 1.517m
Grey laminate flooring. 3-piece suite with WC, WHB and Bath. Part tiled walls. Extractor fan.
 
Kitchen/Living Area
5.570m x 3.881m
Grey Laminate flooring throughout. Modern Kitchen. Cream patterned worktop. Wall and base units. Electric hob and oven. Chrome sink. uPVC double glazed Juliet balcony doors. Electric wall heater. Sockets. Central light fitting.


Lease- TBC
Service Charge- TBC
 
Agent Details
Davies Homes
8 Borough Road, Loughor, Swansea, SA4 6RP
Show Contact Number
01792 448 979

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
6.7

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current record low interest rates encourage house prices as it encourages people to borrow.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages will lead to steady house price growth.
5

Fiscal Policy

Stamp Duty:
£2698.5
The governments recent policies including not to add additional tax to this property price band will be positive for future price growth.
10

Comparison with other investment alternatives

Investing in this property will give you a higher regular return when compared to other conservative investments.
7

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 2 bedroom property. See more properties like this.

Property Image
9.3
£65,000
Flat
Yield: 9.91%
ROCI: 26%
Property Image
8.0
£75,000
Apartment
Yield: 8.59%
ROCI: 22%
Property Image
7.1
£85,000
Flat
Yield: 7.58%
ROCI: 18%
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
2 Bedroom properties in “SA4” are mostly listed between £425 - £540. There is limited data on listings in proximity to this property.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested