Modern Method of Auction
Auction date not yet published
1-bedroom flat · SA1 3RT
For saleReduced £5k (−8.3%) on 23 AugListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An appealing one-bedroom flat, perfectly positioned for urban living, offers a comfortable and convenient lifestyle with easy access to Swansea City Centre.
This inviting property presents an excellent opportunity for investors, or professionals seeking a well-located property.
Step inside to discover an open plan living apartment, designed to provide a versatile and comfortable space for relaxation and daily activities.
The fitted kitchen seamlessly integrates into the living area, offering a practical and efficient space for meal preparation.
The property further benefits from a good-sized bedroom, providing a peaceful retreat, and a well-appointed family bathroom, catering to everyday needs.
The interior presents a well-maintained and clean aesthetic throughout, ready for immediate enjoyment.
Situated in a prime Swansea location (SA1), this home benefits from its close proximity to all the city centre's amenities and excellent transport links, making daily life effortless.
Residents will enjoy easy access to a diverse array of shops, dining establishments, and cultural attractions, enhancing the overall lifestyle.
This property is sold with a tenant in situ, generating £750 pcm.
Tenure: Leasehold (190 years remaining - from 8 June 2015 to 31 May 2205) Price: £80,000 It is essential to quote reference RM1098 when enquiring about this property.
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.
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. Payment varies but will be no more than £450.00.
These services are optional. Anti-money laundering regulations - We are required by law to conduct Anti-Money Laundering (aml) checks on all parties involved in the sale or purchase of a property.
We take the responsibility of this seriously in line with hmrc guidance. If your offer is successful, you will be charged a non-refundable fee of £30 (inclusive of VAT) per buyer for these checks.
The fee covers data collection, manual checking, and monitoring.
You will need to pay this amount directly to our partner, Movebutler, and complete all Anti-Money Laundering (aml) checks before your offer can be formally accepted.
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.
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 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
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FAQ
About Apartment 33, Salubrious Court, Swansea
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