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

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 11, MARINERS COURT, LAMBERTS ROAD, SWANSEA, SWANSEA SA1 8QW |
| Price | £114,950 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £105,000 Sep 2024 |

## Description

A well presented ground floor apartment located in the Mariners Court complex for over 55's in SA1. The location  is within walking distance to Swansea Marina, City Centre and M4. 

The accommodation comprises; main entrance with secure voice entry system, hall with storage cupboard, kitchen with white shaker style units and integrated appliances, lounge leading to the sit out balcony, two bedrooms and bathroom. Externally there are communal gardens and one allocated underground parking space. the asking price is 66% ownership. EPC Rating - D.

**The Accommodation Comprises** - 

**Hall** - Storage cupboard, radiator.

**Entrance** - Via main entrance with secure voice entry system.

**Kitchen Area** - 3.33m x 3.60m (10'11" x 11'10") - Fitted with a range of white shaker style wall and base units with worktop over, inset stainless steel sink with drainer and mixer tap, tiled splashbacks. Integrated fridge/freezer, washing machine, electric oven and hob with extractor hood over.

**Lounge Area** - 3.16m x 3.40m (10'4" x 11'2") - Double glazed window and door leading to the sit-out balcony, radiator.

**Balcony** - Decked sit out balcony.

**Bedroom 1** - 4.54m x 3.12m (14'11" x 10'3") - Double glazed window, radiator.

**Bedroom 2** - 3.16m x 2.11m (10'4" x 6'11") - Double glazed window, radiator.

**Bathroom** - A three piece suite comprising; panelled bath with shower over, pedestal wash hand basin and low level w/c.

**External** - Communal gardens, allocated underground parking space.

**Tenure** - LEASEHOLD: 125 YEARS FROM 2008

GROUND RENT: £30.12 PER MONTH (2020)

SERVICE CHARGE: £114.43 PER MONTH (2020)

Council Tax - D (2022/2023 - £1782.44)

## Property Photos

- ![IMG_0049.JPG](/listings/photos/78167481/602408) - IMG_0049.JPG
- ![External](/listings/photos/78167481/602409) - External
- ![Hall](/listings/photos/78167481/602410) - Hall
- ![Lounge Area](/listings/photos/78167481/602411) - Lounge Area
- ![Kitchen Area](/listings/photos/78167481/602413) - Kitchen Area
- ![Balcony](/listings/photos/78167481/602423) - Balcony
- ![Bedroom 1](/listings/photos/78167481/602433) - Bedroom 1
- ![Bedroom 2](/listings/photos/78167481/602434) - Bedroom 2
- ![Bathroom](/listings/photos/78167481/602435) - Bathroom
- ![External](/listings/photos/78167481/602436) - External

## Floorplans

- ![Floor Plan](/listings/photos/78167481/602437) - Floor Plan
- ![3D.jpg](/listings/photos/78167481/602438) - 3D.jpg

## EPC Graphs

- ![EE Rating](/listings/photos/78167481/602439) - EE Rating

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| MARINERS COURT FLAT 11 LAMBERTS ROAD, SWANSEA, SA1 8QW | £105,000 | 02/09/2024 | Flat |
| MARINERS COURT FLAT 11 LAMBERTS ROAD, SWANSEA, SA1 8QW | £99,000 | 27/06/2011 | 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 |
|---------|-------|------|------|
| LANGDON HOUSE UNIT 10 LANGDON ROAD, SWANSEA, SA1 8QY | £40,890 | 01/12/2023 | Other |
| 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 |
| UNION INN, 223 PORT TENNANT ROAD, PORT TENNANT, SWANSEA, SA1 8JU | £46,000 | 20/07/2021 | Other |

**Area average:** £3,447,973 (4 sales)

## Price vs local average

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

- **Local average:** £681,990 (10 Other, SA1, 2024–2026)
- **Deviation:** -83.1%

## 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 | 0.11 miles | OpenRent |
| 2 Bed Flat, Port Tennant, SA1 | £900/mo | 2 | 0.11 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 | 0.65 miles | OpenRent |

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

## 1% Rule

- **Rent ratio:** 0.78% (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:** 9.4%
- **Cost-to-rent:** 10.6×
- **Monthly cashflow:** £332/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 12%

*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)