3-bedroom flat · SA1 1XX
For saleReduced £40k (−13.8%) on 30 JulListed 663 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to purchase a unique top floor triplex apartment boasting dual aspect views of the Marina, Swansea Bay and beyond.
Situated in the heart of the Marina, Fitzroy House offers flexible living accommodation.
To the ground floor is a spacious open plan kitchen/ living and dining room with a balcony which enjoys panoramic Marina views.
To The first floor are two bedrooms, one with feature arch window & door to balcony overlooking Swansea Bay, the other with feature arch window and Marina views, and a bathroom, whilst the top floor has bedroom with en-suite bathroom and a further room currently used as a TV Lounge & Study, with a picture window perfectly showcasing Mumbles Point.
Externally there is allocated under croft parking.
Viewing highly recommended to appreciate the standard of living on offer; Lease term 125 years from 1985 (86 years remaining) Service charge £2518 pa and split over 2 x 6 month payments Ground rent Peppercorn Council tax band E EPC Rating C Entrance Through communal door and stairs leading to top floor.
Hallway Consumer unit. Electric heater. Intercom. Stairs to first floor.
Lounge Diner Kitchen (6.91m x 5.08m in total (22'8" x 16'7" in total)) Lounge Diner Two double glazed windows and patio door leading to a sit out balcony with panoramic marina views and city beyond.
Two electric heaters. TV and telephone points. Door to walkin storage cupboard. Kitchen Range of wall, base and drawer units with complimentary worktop over. Stainless steel circular sink.
Space for fridge freezer, washing machine and slimline dishwasher. Freestanding oven (Included). First Floor Telephone point.
Bedroom One (5.00m x 2.97m (16'5 x 9'9 )) Feature arched double glazed window with Marina and city views. Electric heater. Wardrobes (Included). Telephone and TV point.
Bathroom White suite comprising WC, wash hand basin recessed into a vanity unit and corner bath. Tiled walls and floor. Dimple wall heater. Cupboard housing hot water tank and shelving. Shaver point.
Bedroom Two (5.00m x 2.34m (16'5 x 7'8 )) Double glazed French door with glazed side panels leading to a sit out balcony with panoramic sea views of Swansea bay and Mumbles. Electric heater.
Second Floor Velux window. Office And Tv Lounge (4.88m x 3.66m (16' x 12' )) Double glazed feature porthole window. TV and telephone points. Electric heater. Door to walk in storage cupboard.
Bedroom Three (2.72m x 2.72m (8'11 x 8'11 )) Two velux windows. Electric heater. Ensuite White suite comprising Wc, wash hand basin recessed into a vanity unit. Corner bath. Tiled walls and floor.
Velux window.
External Secure undercroft parking Tenure Lease term 125 years from 1985 (86 years remaining) Service charge £2518 pa and split over 2 x 6 month payments Ground rent Peppercorn Council Tax Band E Utilities Electric - edf (vendors has informed us they pay £95.46 pm) No gas Water - billed Broadband currently with Talk Talk.
You are advised to refer to Ofcom checker for mobile signal and coverage.
Further Information The management company have informed us that pets are allowed with their permission, a fee will be payable. No holiday lets allowed. Total floor area - 112 square metres.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
FAQ
About 187, Fitzroy House, Trawler Road, Swansea
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