# 2 bedroom retirement property for sale (SA1 8QW)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 503, MARINERS COURT, LAMBERTS ROAD, SWANSEA, SWANSEA SA1 8QW |
| Price | £169,000 |
| Bedrooms | 2 |
| Last sold | £165,000 Jun 2017 |

## Description

**SUMMARY**

A modern two bedroom top floor retirement apartment. Age restriction of 55 years and over. Generous sized wrap around balcony, lift access to apartment and two allocated parking spaces.

**DESCRIPTION**

Offered for sale is this contemporary two bed apartment located in the popular retirement development down in the SA1 area. Within the SA1 development comes convenient local shops and amenities in close proximity. You will find this apartment located on the top floor overlooking views towards the sea. The accommodation benefits from an open plan fitted kitchen area into the lounge/diner, which leads to a very generous sized wrap around sit-out balcony. Furthermore are two bedrooms and modern family shower room. Additional features include convenient lift access to the apartment. Two allocated underground parking spaces.

Please note this apartment comes with an age restriction of 55 years and over. 

Viewings come highly recommended.

**Entrance Hall** 

Radiator to side. Telephone intercom. Airing/storage cupboard housing the water tank. Door to:

**Lounge/diner/kitchen Area** 21' 4" x 11' 4" ( 6.50m x 3.45m )

Open plan lounge/diner consists of radiator to side. Window to floor with patio doors leading to a generous sized wrap around balcony with views towards the sea. Open plan Kitchen comprises a range of fitted wall and base units with work preparation surfaces over. Stainless steel one and a half bowl sink unit with mixer tap. Integrated goods comprises; microwave, fridge freezer, washing machine, dish washer, hob with extractor over.

**Bedroom One** 15' 1" x 10'  ( 4.60m x 3.05m )

Window to front with sea views. A range of fitted wardrobes and overhead cupboards. Radiator to side.

**Bedroom Two** 10' 3" x 6' 8" ( 3.12m x 2.03m )

Window to front with sea views. Radiator to side.

**Shower Room** 

A three piece suite comprising a WC, wash hand basin generous sized walk-in shower. Heated towel rail.

**External** 

Convenient lift access. Two allocated underground parking space.

Lease details are currently being compiled.  For further information please contact the branch.  Please note additional fees could be incurred for items such as leasehold packs.

## Property Photos

- ![Photo](/listings/photos/66179645/602501)
- ![Photo](/listings/photos/66179645/602517)
- ![Photo](/listings/photos/66179645/602528)
- ![Photo](/listings/photos/66179645/602533)
- ![Photo](/listings/photos/66179645/602536)
- ![Photo](/listings/photos/66179645/602539)
- ![Photo](/listings/photos/66179645/602550)
- ![Photo](/listings/photos/66179645/602556)

## Floorplans

- ![Floorplan 1](/listings/photos/66179645/602560) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/66179645/602571) - EPC 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| MARINERS COURT FLAT 503 LAMBERTS ROAD, SWANSEA, SA1 8QW | £165,000 | 30/06/2017 | Flat |
| MARINERS COURT FLAT 503 LAMBERTS ROAD, SWANSEA, SA1 8QW | £168,625 | 12/11/2009 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] MARINERS COURT FLAT 11 LAMBERTS ROAD, SWANSEA, SA1 8QW | £105,000 | 02/09/2024 | Flat |
| [Same street] MARINERS COURT FLAT 212 LAMBERTS ROAD, SWANSEA, SA1 8QW | £44,000 | 08/03/2024 | Flat |
| LANGDON HOUSE UNIT 10 LANGDON ROAD, SWANSEA, SA1 8QY | £40,890 | 01/12/2023 | Other |
| [Same street] MARINERS COURT FLAT 116 LAMBERTS ROAD, SWANSEA, SA1 8QW | £107,000 | 10/01/2023 | Flat |
| [Same street] MARINERS COURT FLAT 308 LAMBERTS ROAD, SWANSEA, SA1 8QW | £180,000 | 21/07/2022 | Flat |
| 152 - 154 PORT TENNANT ROAD, PORT TENNANT, SWANSEA, SA1 8JQ | £260,000 | 29/04/2022 | Other |
| ELLIPSE PADLEY ROAD, SWANSEA, SA1 8AN | £13,445,000 | 21/12/2021 | Other |
| [Same street] MARINERS COURT FLAT 212 LAMBERTS ROAD, SWANSEA, SA1 8QW | £45,500 | 30/07/2021 | Flat |

**Street average:** £96,300 (5 sales)
**Area average:** £4,581,963 (3 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £681,990 (10 Other, SA1, 2024–2026)
- **Deviation:** -75.2%

## Rental Range

*ONS Price Index of Private Rents (Swansea). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £752/mo
- **Realistic:** £835/mo
- **Optimistic:** £919/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Port Tennant Road, SA1 | £950/mo | 2 | 0.07 miles | OpenRent |
| 2 Bed Flat, Port Tennant, SA1 | £900/mo | 2 | 0.07 miles | OpenRent |
| 2 Bed Flat, Port Tennant, SA1 | £900/mo | 2 | 0.07 miles | OpenRent |
| 2 Bed Semi-Detached House, Grenfell Park Road, SA1 | £900/mo | 2 | 0.18 miles | OpenRent |
| 2 Bed Flat, Fabian Way, SA1 | £1,100/mo | 2 | 0.65 miles | OpenRent |

**Average rent: £950/mo (5 listings)**

## 1% Rule

- **Rent ratio:** 0.53% (weak for cashflow)
- **Max investor price (0.8%):** £112,500
- **Target investor price (1%):** £90,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £900/mo).*

- **Gross yield:** 6.4%
- **Cost-to-rent:** 15.6×
- **Monthly cashflow:** £119/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 2.9%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -71.9%
- **10y growth:** 37.1%

## House Price Index (HM Land Registry)

*Official index for Swansea; All dwelling types series; as of March 2026.*

- **1y growth (index):** 1.4%
- **5y growth (index):** 24.7%
- **10y growth (index):** 54.9%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)