Summary - PEMBROKE BUILDINGS 31 CAMBRIAN PLACE SWANSEA SA1 1RL
1 bed 1 bath Studio
Affordable marina studio — suited to first-time buyer or investor, sold at online auction.
Prime marina location close to shops, bars and transport
A compact studio in Swansea Marina offered at a low guide price — a straightforward entry point for a first-time buyer or buy-to-let investor. The flat sits in a Georgian building with high ceilings and period character externally, but the interior will benefit from updating and careful presentation to maximise rental or holiday-let returns.
The layout is open-plan with a fully fitted kitchen, separate utility cupboard and shower room. Practical positives include fast broadband, excellent mobile signal and no flood risk. Service charges are substantial for the block (approx. £2,419 pa) and the lease has 93 years remaining; ground rent is modest at £75 pa. EPC rating E and Council Tax band B are noted.
The property is sold via online auction (registration, holding fee and a 10% deposit on exchange apply). Bidders should allow the required timescales for exchange and completion and review the legal pack before bidding. The location in the marina places the flat close to transport, restaurants and leisure facilities — attractive for short-term holiday lets or city rentals — but the wider area scores as very deprived and includes cosmopolitan student neighbourhoods, which may affect tenant mix and yields.
This is a budget-priced opportunity with clear upside for buyers willing to invest time and money in refurbishment. It suits someone seeking a low-entry coastal city purchase who understands auction procedures and ongoing service-charge commitments.
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