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£60,000
OIRO

1 bed flat for sale The Kingsway, City Centre, Swansea, SA1

1 bed 1 bath Studio Flat
Leasehold

Added on 16/09/2026

About this property

One of the Largest Studio Apartments in Portland House | 5-Year Tenant in Situ | 14.1% Gross Yield An excellent investment opportunity to acquire one of the largest studio apartments within the sought-after Portland House development on The Kingsway, Swansea City Centre. The property is currently let to a tenant who has been in occupation for approximately 5 years, paying £725 pcm (£8,700 per annum), providing an established rental income from day one and making this an ideal investment for a landlord seeking a property with a strong rental history.

Key features

  • City Centre Location
  • Investment Property
  • Tenant in situ
  • Long Term Tenant - 5 Years
  • Large Studio Apartment

Location

The Kingsway, City Centre, Swansea, SA1, SA1 5HN

Council tax
Band B (Approx £1,741/year)

Mortgage and LTT

Property price £60,000
£30k £90k
Deposit10% £6,000
£0 £60k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £54,000 mortgage. Most lenders would want a household income of about £12,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in SA1 5HN. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
Apartment 32, Portland House, 58 - 60, The Kingsway Flat / maisonetteJan 2019269 sq ft £241/sq ft£64,950
Apartment 43, Portland House, 58 - 60, The Kingsway Flat / maisonetteJul 2007398 sq ft £213/sq ft£85,000
Apartment 15, Portland House, 58 - 60, The Kingsway Flat / maisonette · new buildJun 2007205 sq ft £318/sq ft£65,000
Apartment 19, Portland House, 58 - 60, The Kingsway Flat / maisonetteMar 2007366 sq ft £246/sq ft£90,000
Apartment 30, Portland House, 58 - 60, The Kingsway Flat / maisonetteMar 2007248 sq ft £273/sq ft£67,500
Apartment 25, Portland House, 58 - 60, The Kingsway Flat / maisonetteFeb 2007280 sq ft £241/sq ft£67,500
Apartment 39, Portland House, 58 - 60, The Kingsway Flat / maisonetteFeb 2007226 sq ft £299/sq ft£67,500
Apartment 6, Portland House, 58 - 60, The Kingsway Flat / maisonetteFeb 2007355 sq ft £253/sq ft£90,000

All sold prices in Swansea →

Area insights

The neighbourhood around this property.

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