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St Annes - 1, 2 Bed Developments for Sale in Mumbles Hill

Home » Property For Sale » Wales » Swansea » Swansea » Mumbles Hill » 1, 2 Bed Developments

Property ID: 483913

Development

Price : £299,500

Key Features

  • - 19 Luxury properties in a gated community
  • - Excellent rental and capital growth potential
  • - 8% rise in rental rates during 2007
  • - Properties lie within a conservation area

This outstanding new development in the affluent village of Mumbles in Swansea Bay, one of Wales' most beautiful areas, comes with fantastic rental and capital growth potential as well as a number of incentives to purchase

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Full Description

We are delighted to announce the release of this outstanding new development located in one of the United Kingdom's most beautiful areas - the affluent village of Mumbles in Swansea Bay, South Wales. 

  • 19 Luxury apartments set in secure gated grounds within walking distance of the seafront and local village
  • Established tourist area, with the village of Mumbles recently placed in the top 5 of a poll of the top UK seaside property markets
  • 10% to exchange and 90% upon Completion Feb 09
  • Research has shown there is a strong rental market with properties easily reaching £750 per week in peak season, with larger properties renting for over £1,000 per week
  • In 2007, visitors to the Swansea area spent £278m, with seaside villages such as Mumbles enjoying an 8% rise in rental rates
  • Two years free individual membership at two local golf courses, the Nicklaus designed Machynys and the critically acclaimed Pennard Golf Club.
  • Set into the hillside with seaviews overlooking Oystermouth Bay
  • The development lies within a conservation area and has been sympathetically designed by renowned specialist architects to reflect the local architecture and landscape
  • The village of Mumbles is often referred to as "The Gateway to Gower" referring to the neighbouring peninsula, Britain's first ever ‘Area of Outstanding Natural Beauty'
  • Area with a strong sense of identity, offering a unique blend of cultural and cosmopolitan lifestyle with an emphasis on leisure

 

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