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See how verdicts work3-bedroom terraced house · SA5 8DD
For saleReduced £20k (−14.3%) on 7 OctListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the area of Fforestfach, this traditional three-bedroom mid-terrace property presents an excellent opportunity for buyers seeking a home to modernise and personalise, or for investors looking for a refurbishment project.
The accommodation briefly comprises an entrance porch leading into a hallway, a front lounge, separate living room and a generous fitted kitchen which opens into a useful lean to.
The layout offers versatile living space and provides excellent scope for reconfiguration and improvement, subject to any necessary consents.
To the first floor are three bedrooms, including two spacious double rooms, together with a shower room.
The property retains character features and offers fantastic potential to create a comfortable family home. Externally, there is an enclosed rear garden with useful outbuilding/storage space.
The property is conveniently located close to local shops, schools and amenities, while offering excellent transport links to Swansea City Centre, Fforestfach Retail Park and Junction 47 of the M4 motorway.
Key Features Three-bedroom mid-terrace property Two reception rooms Generous kitchen First-floor shower room Enclosed rear garden Outbuilding/storage Requires modernisation throughout No onward chain Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Value & comps
No previous sales on record.
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 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 61, Armine Road, Swansea
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