1-bedroom flat · SA1 5HN
For saleListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One of the Largest Studio Apartments in Portland House | 5-Year Tenant in Situ | 14.1% Gross Yield An excellent investment opportunity to acquire one of the largest studio apartments within the sought-after Portland House development on The Kingsway, Swansea City Centre.
The property is currently let to a tenant who has been in occupation for approximately 5 years, paying £725 pcm (£8,700 per annum) , providing an established rental income from day one and making this an ideal investment for a landlord seeking a property with a strong rental history.
Based on the current purchase price, the property offers an attractive 14.1% gross rental yield before ground rent , making it a particularly appealing investment opportunity.
Situated on the second floor, the spacious studio offers a generous open-plan living and sleeping area, contemporary fitted kitchen with integrated appliances and a modern shower room.
Further benefits include gas central heating, double glazing, secure intercom entry and communal laundry facilities.
Ideally located in the heart of Swansea City Centre, within easy walking distance of shops, restaurants, Swansea Marina, the waterfront and excellent transport links.
A rare opportunity to acquire one of the larger studios in Portland House with a long-standing tenant and strong rental return. 979 years remaining on the lease EPC rating: C.
Service charge description: Bi annually £1253.87 Disclaimer These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Belvoir nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Referrals Disclaimer Belvoir and our partners provide a range of services to buyers, although you are free to use an alternative provider.
We can refer you on to The Mortgage Advice Bureau (mab) for help with finance/mortgages/insurance. We may receive a fee of up to £500 (incl VAT) if you take out a mortgage through them.
If you require a solicitor to handle your purchase, we can refer you on to a number of local solicitors. We may receive a fee of up to £150 (incl VAT) if you use their conveyancing services.
If you require a survey, we can refer you to Structural Surveys UK, and we may receive a fee of £60 (incl vat) if you use them. For more information, please speak to a member of the team.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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 advisors 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
FAQ
About 35, 60 Portland House, The Kingsway, Swansea
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