We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · SA6 6BP
Listing removedListed 50 daysAuction 7 Oct · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
****online auction**** Guide Price: £63,000 For sale online from 07/10/2026 12:00. Auction registration is now open.
All bidders pay A holding fee in order to bid in the online auction.the winning bidder will be required to pay the deposit which is 10% of the final bid and their holding fee is retained by the auctioneers.
If sold prior to auction no holding fee applies but A buyers' premium is required to exchange. Completion will be 28 days after exchange.
(unless stated different on the contract) ***pre-auction offers welcome*** We have for sale by Online Auction a two-bedroom 1st floor flat in close proximity to Morriston Hospital and the dvla.
The property consists of two double bedrooms, living room, kitchen and shower room.
Externally there is a parking space and enclosed private garden the rear, driveway and front garden, please see the title document in the legal pack. The property benefits from a new 999 year lease.
Property offers ideal investment potential or an affordable home opportunity in a very desirable location.
Tenure: Leasehold 999 Years Remaining Council Tax: A EPC: D First floor Enterance: Stairs to first floor. Reception Room: 3.98m x 3.75m - uPVC double glazed window to front.
Bathroom: 1.95m x 1.91m, uPVC double glazed window to rear. Kitchen: 2.53m x 2.43m (max) 2.43m x 1.56m (min) - uPVC double glazed window to rear.
Bedroom One: 3.54m x 3.17 - uPVC double glazed window to rear. Bedroom Two:3.25m x 3.56m - uPVC double glazed window to front.
Externally Gardens to front and rear Off-road parking and garage to rear Please note It is the responsibility of all purchasers to conduct their own investigation into all aspects of the property and seek legal advice.
The Legal Pack will be available on our website prior to bidding commencing. Please note legal packs can be downloaded through The Property Auction House website.
Payments To bid online you will be required to pay a holding fee this will only be withdrawn from your account should you be the successful bidder.
To exchange you will be required to pay a 10% deposit and sign the contract within 24 hours and complete the transaction paying the balance of funds within 28 days, (this timescale may vary always read the contract in the Legal Pack for confirmation).We always strongly recommend ensuring your finances are in place prior to the auction, due to the timescales involved.
A buyer's premium fee is only payable should a property be sold pre auction, this fee is 2%+VAT subject to a minimum fee of £4,000+VAT
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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.
Area
Agent & docs
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FAQ
About 8, Furze Crescent, Swansea
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