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See how verdicts work2-bedroom flat · SA1 8QW
For saleReduced £19k (−10.6%) on 21 AugListed 286 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom apartment which is situated on the fourth floor of this over 55’s development.
The apartment offers well-proportioned accommodation which has been fully re-decorated with new carpets and enjoys a South facing aspect overlooking Swansea Docks.
The accommodation comprises of open plan kitchen / lounge with doors leading out to balcony, two bedrooms and bathroom. Allocated secure underground parking.
Located near SA1 waterfront and Maritime Quarter which offers a range of amenities, cafes and restaurants and is a short distance from the City Centre. No chain.
Please note this apartment is 90% ownership, with 10% being owned by Coastal. Accommodation comprises: entrance - Secure entrance to main lobby with stairs and lift to all floors.
Fourth floor entrance hallway - Entrance door leading into hallway. Radiator. Doors to rooms off. Phone entry system. Storage cupboard housing hot water tank and shelving.
Kitchen/lounge - 22’1 x 11’2. An open plan space with fitted kitchen and lounge. The lounge area has uPVC double glazed patio doors leading to balcony with views towards Swansea Docks. Two radiators.
The kitchen is fitted with base and wall units with work surfaces over. Four ring electric hob with extractor over. Built-in eye level electric oven. Single bowl stainless steel sink top.
Integrated fridge/freezer. Plumbed for washing machine. Bedroom one - 15’3 x 10’5. UPVC double glazed window to front with sea views. Radiator. Bedroom two - 10’8 x 7’0.
UPVC double glazed window to front with sea views. Storage cupboard. Radiator. Bathroom - Fitted with a white three piece suite comprising panel bath with mains shower over, wash hand basin and WC.
Radiator. Fully tiled walls. External: One allocated underground car parking space. Note: All room sizes are approximate.
Electrical, plumbing, central heating and drainage installations are noted in particulars on the basis of a visual inspection only.
They have not been tested and no warranty of condition of fitness for purpose is implied by their inclusion.
Potential purchasers are warned that they must make their own enquiries as to the condition of the appliances, installations or of any element of the structure of fabric of the property.
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
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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.
Area
Agent & docs
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FAQ
About 408, Mariners Court, Swansea
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