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See how verdicts work6-bedroom house · SA1 4LW
For saleReduced £10.5k (−3.8%) on 9 OctListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unique opportunity to acquire this extended three-storey, six-bedroom HMO property, situated on King Edward Road, one of the city's most popular and attractive residential areas.
Ideally suited to investors, the property benefits from strong tenant demand and is presented to an excellent standard throughout.
The well-maintained accommodation briefly comprises an entrance hallway, communal lounge, ground floor bedroom, and a modern fitted kitchen.
To the rear, a lobby provides access to a cloakroom and shower room.
The first-floor half landing offers a further bedroom together with a second shower room, whilst the main first-floor landing provides access to two additional bedrooms.
From the second-floor landing there are a further two bedrooms, completing the spacious accommodation.
The property occupies a highly convenient location, within easy reach of a wide range of local shops, amenities, cafés, bars, and restaurants found in both Sketty and Uplands.
Swansea city centre is also within close proximity, making this an appealing location for tenants and investors alike.
Offering spacious accommodation, excellent presentation, and a sought-after location, this is a must-see property to fully appreciate the quality and investment potential on offer.
Entrance Porch Entered via double glazed front door to small porch, inner half glazed to:- Hallway With staircase giving access to the first floor and doors to:- Lounge A good size light and airy room with open fire place, picture rail, coving and double glazed bay window to front aspect.
Room One 3.61m x 2.90m (11' 10" x 9' 6") With fitted shelves to recess and double glazed door to rear aspect.
Kitchen 5.35m x 3.15m (17' 7" x 10' 4") A well-presented and fully fitted kitchen, offering an excellent range of matching white wall and base units with chrome handles, together with ample drawer storage, all complemented by wood-effect roll-top work surfaces providing generous preparation space.
The kitchen is fitted with a stainless steel sink unit and mixer tap, integrated fan-assisted electric cooker, and a six-ring gas hob with stainless steel extractor canopy and matching splashback.
A breakfast bar provides a practical dining and seating area, while there is additional space for a fridge/freezer together with plumbing for both an automatic washing machine and tumble dryer.
Further benefits include a wall-mounted boiler supplying domestic hot water and gas central heating, part-tiled walls, ceramic tiled flooring, a double-glazed window to the side aspect, and a door leading to the rear lobby Rear Lobby With ceramic tile flooring, double glazed door giving access to side and rear with further doors to:- Cloakroom A two piece suite comprising low level W.C., wash hand basin, ceramic tile flooring, feature brick part tiled walls and double glazed frosted window to rear aspect.
Shower Room 1 A three piece suite in white comprising double base walk in glazed shower housing mains shower, low level W.C., wash hand basin, inset spot lighting, heated chrome towel rail, ceramic tile flooring, brick effect part tiled walls and double glazed frosted window to rear aspect.
First Floor Half Landing With doors to:- Room Two 3.05m x 2.87m (10' 0" x 9' 5") With double glazed window to the rear.
Shower Room 2 2.47m x 1.94m (8' 1" x 6' 4") A three piece suite in white comprising double base walk in glazed shower housing electric shower, wash hand basin, low level W.C., heated towel rail, attic hatch, part tile walls and double glazed frosted window to side aspect.
First Floor Full Landing With doors to:- Room Three 5.11m x 3.42m (16' 9" x 11' 3") With fitted shelves to recess and double glazed window to rear aspect.
Room Four 3.61m x 3.02m (11' 10" x 9' 11") With laminate flooring and 2 double glazed windows to front aspect.
Second Floor Landing With window to rear aspect and doors to:- Room Five 3.61m x 3.33m (11' 10" x 10' 11") With laminate flooring and Velux roof window Room Six 5.11m x 3.42m (16' 9" x 11' 3") With double glazed window to front aspect External To the rear of the property is a small enclosed low maintenance garden Agents Note An outstanding opportunity to acquire a well-performing rental property delivering strong and consistent returns.
This attractive investment comprises 6 fully let rooms, each generating £420 per calendar month, (£490.00 including bills) producing a total monthly rental income of £2,520.
Based on an 11-month occupancy model, the property generates an impressive annual income of approximately £27,720.00, offering investors a reliable and attractive yield with excellent income potential.
Important Fee Information: A Buyer’s Premium of £240 (inc. VAT) and a Buyer’s Deposit of £300 apply to this purchase. Total payable upfront: £540, plus £15 per purchaser for aml / identity checks.
Disclaimer Whilst these particulars are believed to be accurate, they are set for guidance only.
Fresh have not tested any fixtures, fittings or services and cannot confirm that they are in working order or fit for purpose.
Any floor plan provided is intended as a general guide to the layout of the accommodation and is not drawn to scale.
We cannot confirm the tenure of the property is accurate and advise all buyers to obtain verification from their solicitor or surveyor.
We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 162, King Edwards Road, Swansea
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