Sold Flat

FLAT 212

MARINERS COURT, LAMBERTS ROAD, SWANSEA, SWANSEA SA1 8QW

2 beds 1 baths 635 sq ft Listed 17 Apr 2018 (-2969d)

£45,000

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Front Kitchen Lounge Balcony Master Bedroom Bathroom Entrance Hall

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Property details

Tenure

LEASEHOLD (115 years remaining on lease)

Floor area

59 m²

EPC rating

B

Year built

England and Wales: 2007-2011

Last sold

£44,000 Mar 2024

Price per m²

£763/m²

Local average

£153,727 (-70.7%)

Street crime

411 incidents within 1 mile (Mar 2026)

Key features

  • Well Presented Apartment
  • Two Bedrooms Both With Fitted Wardrobes
  • Age Restriction Over 55
  • Sit Out Balcony
  • Double Glazed/ Central Heating
  • Modern Fitted Open Plan Kitchen
  • Allocated Secure Underground Parking

Additional details

Heating
Gas central
Parking
Yes, Allocated

Description

The Property
Two bedroom, second floor apartment with balcony, open plan kitchen/lounge, central heating, video intercom & security, underground parking. 55 years + complex. This is a 28% share, however options are available to purchase up to 100% ownership. No onward chain. Internal viewing is highly recommended.

Communal Entrance
Secure intercom entrance with lifts and stairs to all floors and underground parking.

Entrance Hall
Wall mounted telephone entry phone. Radiator. Doors leading off to;

Storage Cupboard
3'04 x 6'03

Storage cupboard housing hot water cylinder.

Lounge
French doors leading to sit out balcony. TV point. Two radiators. Open plan to;

Kitchen
11'08 x 7'04

Kitchen fitted with a range of wall, base and drawer units with work surface over incorporating sink with drainer unit and ceramic tile splash back. Built in eye level stainless steel electric oven. Four ring ceramic hob with stainless steel chimney hood over. Free standing fridge freezer and washing machine. Linoleum flooring.

Master Bedroom
10'02 x 13'03

uPVC double glazed window to front. Built in wardrobe with sliding doors. Radiator.

Bedroom Two
6'10 x 10'11

uPVC double glazed window to front. Built in wardrobe with sliding doors. Radiator.

Bathroom
5'11 x 7'06

Three piece bathroom suite comprising bathtub with chrome shower over, low level w/c and wash hand basin. Radiator. Extractor fan. Linoleum flooring.

Underground Parking
Secure underground parking along with visitors parking out front.

General Information
Tenure: Leasehold

Years Remaining: 125 Years from 1 April 2008

Service Charges: £121.81 pcm

Ground Rent: £301.20 p/a (or £25.10 pcm)

Asking price of £45,000 reflects a 28% share. Monthly rent of £268.49 is payable until 70% of share is reached. Options are available to purchase up to 100% ownership.

Council Tax: D

Minimum age restriction of 55 applies.

Location
Mariners Court benefits from convenient access to local amenities including restaurants and convenience stores as well as a health centre and dental practise.

Swansea Marina walks and easy access onto Fabian Way to the M4 Motorway as well as quick access into Swansea City Centre.

Listed by

covering Wales

Purplebricks

Reference: 53941596

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 21/02/2020

Current heating cost: £135/year

Potential heating cost: £135/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

epc

epc

Price history

-2% since 2019

Event Date Price % change
Sold 08/03/2024 (2 years ago) £44,000 -3.3%
Sold 30/07/2021 (4 years ago) £45,500 +1.1%
Sold 01/08/2019 (6 years ago) £45,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

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 116 LAMBERTS ROAD, SWANSEA, SA1 8QW £107,000 10/01/2023 Flat
12 EMILY COURT, SWANSEA, SA1 8RA £445,000 24/10/2022 Flat
Same street MARINERS COURT FLAT 308 LAMBERTS ROAD, SWANSEA, SA1 8QW £180,000 21/07/2022 Flat
MARINERS COURT FLAT 5A LAMBERTS ROAD, SWANSEA, SA1 8QS £95,000 27/05/2022 Flat
MARINERS COURT FLAT 2 LAMBERTS ROAD, SWANSEA, SA1 8QS £120,000 18/03/2022 Flat
84 PORT TENNANT ROAD, PORT TENNANT, SWANSEA, SA1 8JG £77,500 24/09/2021 Flat

Street average: £130,667 (3 sales)

Area average: £184,375 (4 sales)

Capital growth trend

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

5y growth 15.2%
10y growth 40%

House Price Index (HM Land Registry — official index, not sold-price averages): Swansea. Series: Flats and maisonettes. As of March 2026.

1y (index) -3.6%
5y (index) 10.9%
10y (index) 35.6%

Rental Range

Estimated market rent for Swansea. Low = conservative, Realistic = average, Optimistic = best case.

Low £752/mo
Realistic £835/mo
Optimistic £919/mo

Based on Local Authority from postcode lookup → Swansea.

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Fabian Way Old Police Station 0.1 miles
Bus stop Swansea East Dock SW 0.1 miles
Shop Floyds Hairdressing 0.1 miles
Shop Tesco Express 0.2 miles
University Swansea University 0.7 miles
Train station Swansea 0.8 miles
Train station Llansamlet 3.2 miles
Hospital Gower Physiotherapy Clinic 5.9 miles

Street-level crime

Category Count
Violence and sexual offences 107
Shoplifting 91
Anti-social behaviour 55
Public order 31
Drugs 30
Criminal damage and arson 27
Vehicle crime 20
Other theft 19
Burglary 9
Bicycle theft 7
Possession of weapons 6
Other crime 4
Theft from the person 3
Robbery 2
Total incidents 411

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Margaret Street Nursery Other 0.2 miles (No rating)
St Thomas Community Primary School Other 0.3 miles (No rating)
Danygraig Primary School Other 0.4 miles (No rating)
St Thoma's Primary School Other 0.5 miles (No rating)
Ysgol Crug Glas Other 0.9 miles (No rating)

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 0.09 miles OpenRent
2 Bed Flat, Port Tennant, SA1 £900/mo 2 0.1 miles OpenRent
2 Bed Flat, Port Tennant, SA1 £900/mo 2 0.1 miles OpenRent
2 Bed Semi-Detached House, Grenfell Park Road, SA1 £900/mo 2 0.21 miles OpenRent
2 Bed Flat, Fabian Way, SA1 £1,100/mo 2 0.66 miles OpenRent

Average rent: £950/mo (5 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 2%
Max investor price (0.8%) £112,500
Target investor price (1%) £90,000
Gross yield 24%
Cost-to-rent ratio 4.2×
Monthly cashflow £608/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 55.9%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus 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).