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 · SA1 8QW
Listing removedReduced £144k (−90%) on 20 JunListed 345 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the over 55's development of Mariners Court on Lamberts Road, Swansea, this retirement apartment offers a perfect blend of comfort and convenience.
With two well-proportioned bedrooms, this residence is ideal for those seeking a peaceful retreat.
The reception room provides a welcoming atmosphere, perfect for relaxation or entertaining guests and access onto a sit out balcony.
The apartment features an open plan kitchen and modern bathroom, ensuring that all your needs are met with ease. Mariners Court is not just a place to live; it is a community.
Situated in a desirable location, this property is close to local amenities, making daily errands and leisure activities easily accessible.
Whether you wish to take a leisurely stroll along the nearby coastline or explore the vibrant culture of Swansea, this apartment serves as an excellent base for your adventures.
Entrance Communal entrance offering a seating area and library. Second floor. Lift access. Hallway Wall mounted video intercom system. Gas central heating. Radiator.
Door to storage cupboard housing hot water tank. Electric consumer unit and light.
Lounge Diner Open To Kitchen (6.57 max x 3.58 max (21'6" max x 11'8" max)) Double glazed French doors leading to the balcony. Gas central heating. Radiator. TV & telephone points. Carpet.
Open plan to; Kitchen Range of wood effect wall, base and drawer units, with black work top and tiled splash back above. Stainless steel sink with drainer and mixer tap.
Stainless steel eye level single fan oven with integrated grill. Four ring halogen hob with stainless steel chimney hood extractor fan. Vinyl floor.
Bedroom Two (2.11 x 2.10 (6'11" x 6'10")) Double glazed window with views over the balcony. Gas central heating. Radiator. Telephone point. Carpet.
Bedroom One (4.64 x 3.11 (15'2" x 10'2")) Double glazed window with views over the balcony. Gas central heating. Radiator. Telephone point. Carpet.
Bathroom (2.30 x 1.80 (7'6" x 5'10")) Three piece white suite comprising WC, pedestal wash hand basin with bath and shower over. Half tiled walls. Gas central heating radiator. Shaver point.
Parking Allocated underground parking space. Communal EV Charging point in courtyard parking area along with visitors spaces. Tenure Leasehold Lease term - 125 Years from 2008 108 Years remaining.
Ground rent - £36.14 pm Service charge - £88.50 pm inc heating and hot water Council Tax Band D Epc - Tbc Utilities Electric - Yes Gas - Yes Communal Water - Welsh Water Broadband - No - You are advised to refer to Ofcom checker for mobile signal and coverage.
Further Information 100% Owned. Over 55 years of age. Owner occupier only, no rentals allowed.
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
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){kind=logo}
FAQ
About 215, Mariners Court, Lamberts Road, Swansea
Explore nearby
