1-bedroom flat · SA1 1JN
For saleListed 5475 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bay are proud to present for sale this stunning, executive quality, one bedroom apartment in the landmark Meridian Tower building.
Situated on the fifth floor, the property briefly comprises an open-plan lounge with picture windows & juliet balcony.
Adjoining integrated kitchen, incorporating S/S sink and drainer in breakfast bar, dishwasher, fridge/freezer, washer/dryer, oven, hob and extractor hood.
Double bedroom with built-in mirrored wardrobes. Tiled bathroom with shower over bath. A great opportunity for investment or residential living. Lift access. Furniture package negotiable.
Viewing is highly recommended! Tenant in-situ.
*Development awaiting fire safety work, cash offers only currently.* Location Set in the prestigious, landmark Meridian Tower at the entrance to the Marina, just off Trawler Road.
A mix of both residential and commercial units, the Meridian site is set across the road from the seafront promenade and half a mile from the town centre.
Hall L-shaped hallway with fitted carpet, hardwood entrance door and door to airing cupboard, housing tank, consumer units and heating and water controls.
Slimline panel heater, ceiling spotlights, power points.
Kitchen/Dining Room 22' 5" x 13' 6" (6.83m x 4.11m) [To Furthest Point of Room] Lounge area with fitted carpet, two slimline panel heaters, six ceiling spotlights, power and aerial points with integral satellite connection.
Picture windows and juliet balcony.
Adjoining kitchen area, complete with vinyl flooring, four ceiling spotlights and a range of wall and base units incorporating S/S double sink and drainer unit, integrated Electrolux fridge/freezer, AEG oven and electric hob with s/s extractor hood, Tricity Bendix dishwasher and washer/dryer.
Ceiling extractor fan and switch. Bedroom 13' 10" x 11' 6" (4.22m x 3.51m) Fitted carpet, slimline panel heater, mirrored fitted wardrobe. Power points.
Aerial point, four ceiling spotlights, window overlooking the boat moorings.
Bathroom Bathroom 6' 6" x 7' 6" (1.98m x 2.29m) Vinyl flooring, ceiling spotlights, partial wall tiling in white panel tiled and brown strip tiling.
White three piece suite incorporating pedestal whb with hand towel surround, low level WC, bath with glass shower screen and shower over. Panel mirror, shavers point and heated towel rail.
Tenure & Utilities (As Of March 2024) Service Charge: £2,324.55 p.a.
Leasehold: 133 years remaining (from 25 December 2007 for a term of 150 years to and including 24 December 2157) Council Tax: Band E
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
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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 30, Meridian Tower, Maritime Quarter, SWANSEA
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