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Richard Street, Manselton, Swansea

Wales

£130,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1088 sqft

Description

Situated in the dynamic neighborhood of Manselton, this terraced house offers a unique opportunity for renovation and investment. With a generous layout encompassing approximately 1,087 square feet, the property is primed for those looking to personalize their living space or capitalize on its potential as a rental. Upon entering, you are welcomed by an entrance porch that leads into a hallway. This area connects seamlessly to the spacious lounge and dining room, which benefits from natural light through ample windows. The kitchen, featuring a lean-to extension, provides additional storage or utility options—an asset for prospective renovations. A convenient wet room is also located on the ground floor. Venturing to the first floor reveals three well-sized bedrooms, each with promising potential for updates or refurbishments that reflect modern tastes. The spaciousness of these rooms allows for versatile use, whether as sleeping quarters or home office spaces. Location is one of this property’s standout features. Residents enjoy easy access to Swansea city center along with robust transport links via train and bus services. A wide variety of local amenities are within a short distance, simplifying everyday tasks and enhancing community living. For investors, this property presents an attractive proposition with no chain involved—offering the chance to quickly move forward with renovations or updates needed to maximize rental income. The potential for capital growth in this area makes it an appealing addition to any portfolio. With its blend of character and renovation possibilities, this home in Manselton awaits your vision and expertise to transform it into a modern sanctuary or valuable rental asset.

Investment Analysis

(SA5 area)

Below Market Value

This property is priced -30.7% below area average per sq ft

-30.7%
Potential saving
This Property
£119/sq ft
Area Average
£173/sq ft
Avg Rent (weekly)
£211
Avg Yield
6.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£206,448
10% above area average per sq ft
Potential ROI
+21.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (SA5)

Area prices are stable by +1.0% over the last 12 months
3 year growth: 5.2%
5 year growth: 26.3%
Investment Disclaimer: Analysis based on SA5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Richard Street, Manselton, Swansea
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£476
Based on a loan of £97,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE