# 2 bedroom apartment for sale (SA1 8QW)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 212, MARINERS COURT, LAMBERTS ROAD, SWANSEA, SWANSEA SA1 8QW |
| Price | £45,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 2007-2011 |
| Floor area | 59 m² |
| Last sold | £44,000 Mar 2024 |

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Current heating cost:** £135/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0058-2829-6822-2120-0655)

## 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.

## Property Photos

- ![Front](/listings/photos/53941596/602440) - Front
- ![Kitchen](/listings/photos/53941596/602441) - Kitchen
- ![Lounge](/listings/photos/53941596/602442) - Lounge
- ![Balcony](/listings/photos/53941596/602443) - Balcony
- ![Master Bedroom](/listings/photos/53941596/602444) - Master Bedroom
- ![Bathroom](/listings/photos/53941596/602445) - Bathroom
- ![Entrance Hall](/listings/photos/53941596/602446) - Entrance Hall

## Floorplans

- ![Floorplan 1](/listings/photos/53941596/602447) - Floorplan 1

## EPC Graphs

- ![epc](/listings/photos/53941596/602449) - epc

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| MARINERS COURT FLAT 212 LAMBERTS ROAD, SWANSEA, SA1 8QW | £44,000 | 08/03/2024 | Flat |
| MARINERS COURT FLAT 212 LAMBERTS ROAD, SWANSEA, SA1 8QW | £45,500 | 30/07/2021 | Flat |
| MARINERS COURT FLAT 212 LAMBERTS ROAD, SWANSEA, SA1 8QW | £45,000 | 01/08/2019 | 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 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)

## Price vs local average

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

- **Local average:** £153,727 (31 Flat, SA1, 2024–2026)
- **Deviation:** -70.7%

## 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 | 0.09 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)**

## 1% Rule

- **Rent ratio:** 2% (strong)
- **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:** 24%
- **Cost-to-rent:** 4.2×
- **Monthly cashflow:** £608/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 55.9%

*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).*

## Price per Square Metre

- **£/m²:** £763/m²

## Capital growth trend

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

- **5y growth:** 15.2%
- **10y growth:** 40%

## House Price Index (HM Land Registry)

*Official index for Swansea; Flats and maisonettes series; as of March 2026.*

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

## 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)