Modern Method of Auction
Auction date not yet published
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 · SA3 4NS
Listing removedReduced £30k (−13.6%) on 29 JulListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern method of auction Hillcrest House enjoys an enviable position in the highly sought-after coastal village of Langland, one of Swansea's most prestigious residential locations.
Renowned for its stunning scenery, excellent amenities, and relaxed coastal lifestyle, the property is perfectly placed to enjoy everything this desirable area has to offer.
Key location benefits include: Just a short distance from the beautiful beaches of Langland Bay and Caswell Bay, ideal for swimming, paddleboarding, surfing, and coastal walks.
Direct access to the picturesque Wales Coast Path, offering breathtaking walks towards Mumbles, Bracelet Bay, and the wider Gower coastline.
Conveniently located for Mumbles Village, with its excellent selection of independent boutiques, cafés, restaurants, wine bars, and traditional pubs.
Close to Langland Bay Golf Club, one of South Wales' most scenic golf courses. Within easy reach of highly regarded primary and secondary schools.
Excellent transport links into Swansea City Centre, Swansea University, Singleton Hospital, and the M4 corridor.
Accommodation Hillcrest House offers well-proportioned accommodation arranged over a single level, making it an excellent choice for a range of buyers including downsizers, professionals, investors, or those seeking a lock-up-and-leave coastal home.
The property is entered via entrance hall which provides access kitchen to the left and generous living room measuring over 19 feet in length, offering an excellent space for relaxation and entertaining.
A central hallway leads to two well-proportioned bedrooms and the family bathroom.
Room Dimensions (estimated) Entrance Hall Living Room: 19'4" x 11'3" (5.89m x 3.44m) Kitchen: 8'7" x 7'3" (2.62m x 2.20m) Storage Area Inner Hallway Bedroom One: 11'2" x 9'6" (3.41m x 2.89m) Bedroom Two: 9'6" x 8'10" (2.89m x 2.70m) Bathroom No chain Viewing is highly recommended Auctioneers Comments: This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
.png)
FAQ
About Hillcrest House, 1,Apartment B, Higher Lane, Swansea
Explore nearby