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Flats 1&2, 37 Hanover Street, Central Swansea, Swansea, Swansea, SA1 6AZ - Image 1
Flats 1&2, 37 Hanover Street, Central Swansea, Swansea, Swansea, SA1 6AZ - Image 2
Flats 1&2, 37 Hanover Street, Central Swansea, Swansea, Swansea, SA1 6AZ - Image 3
Flats 1&2, 37 Hanover Street, Central Swansea, Swansea, Swansea, SA1 6AZ - Image 4
Flats 1&2, 37 Hanover Street, Central Swansea, Swansea, Swansea, SA1 6AZ - Image 5
Flats 1&2, 37 Hanover Street, Central Swansea, Swansea, Swansea, SA1 6AZ - Image 6
Flats 1&2, 37 Hanover Street, Central Swansea, Swansea, Swansea, SA1 6AZ - Image 7
Flats 1&2, 37 Hanover Street, Central Swansea, Swansea, Swansea, SA1 6AZ - Image 8
Flats 1&2, 37 Hanover Street, Central Swansea, Swansea, Swansea, SA1 6AZ - Image 9
Flats 1&2, 37 Hanover Street, Central Swansea, Swansea, Swansea, SA1 6AZ - Image 10
Flats 1&2, 37 Hanover Street, Central Swansea, Swansea, Swansea, SA1 6AZ - Image 11

Flats 1&2, 37 Hanover Street, Central Swansea, Swansea, Swansea, SA1 6AZ

Wales

£95,000
Listed on 30/01/2026

Property Details

Bedrooms
2
Type
Detached house

Description

This property presents a compelling opportunity for investors with its dual self-contained one-bedroom flats situated conveniently near the city centre. The ground floor flat is in need of updates, which could bring immediate rental income potential following renovations. The first floor flat requires more significant work, making it ideal for those looking to add value through refurbishment. Additionally, off-road parking at the rear is currently generating rental income from a local company, enhancing the investment appeal. Given the current market dynamics and location, this property has strong potential for high rental yields upon completion of necessary improvements.

Investment Analysis

(SA1 area)
Area Average
£176/sq ft
Avg Rent (weekly)
£264
Avg Yield
8.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
61%
Properties sold annually

Local Market Trend (SA1)

Area prices are rising by +6.6% over the last 12 months
3 year growth: 8.3%
5 year growth: 21.5%
Investment Disclaimer: Analysis based on SA1 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

Flats 1&2, 37 Hanover Street, Central Swansea, Swansea, Swansea, SA1 6AZ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£343
Based on a loan of £71,250 over 30 years at 4.06% 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