Swansea is a city experiencing a remarkable transformation. With ongoing development projects reshaping the landscape, Swansea is becoming an increasingly desirable place to call home for many.
But what is Swansea like? What is there to do, and is it an affordable place to live? Let us be your Swansea guide, as at We Buy Any Home we have been buying Swansea property for many years, and know the best places to live and invest. As cash house buyers, we can buy any type of property in Swansea or Wales, even if it has cladding or problem tenants living there.
Let’s now take a look at what this Welsh city has to offer.
Living in Swansea
Living in Swansea has become increasingly desirable, as the city undergoes significant development projects that are reshaping its landscape. The city centre is being revitalized, with plans for a new city park in the Kingsway area, featuring public spaces, improved walkways, cycle routes, and the addition of green areas with the planting of numerous trees. Along the coastal part of the city, renovations are underway, including the refurbishment of the pavilion, the construction of new residential flats, and the installation of a new coastal boardwalk extending into the water. This influx of investment from both the government and private sector is transforming Swansea into an up-and-coming place to live.
Swansea’s population currently stands at 238,500, making it the second most populous local authority in Wales. Approximately 22% of the population is under 20 years old, while around 21% are aged 65 or older, meaning there is a great mix of people to get along with. When it comes to safety, Swansea has an average crime rate of 82 crimes per 1,000 people. Violent crimes account for approximately 28.9% of all crimes reported, with a total of 6,292 offences in 2021, marking a 10% increase compared to the previous year’s figures.
In summary, Swansea offers a captivating coastal living experience that contributes to its growing appeal. While the city’s population and crime rate should be considered, Swansea’s charm and ongoing improvements make it an attractive place to call home or a place for your next investment.
Things to do in Swansea
National Waterfront Museum
Explore the National Waterfront Museum, an architectural marvel that transports you through Wales’s industrial and maritime history. Delve into the era when Wales supplied the world with coal, steel, and groundbreaking inventions, relishing the interactive exhibits that bring this vibrant past to life.
Step into Swansea Museum, the oldest in Wales, and embark on a journey through the city’s rich heritage. This museum unfolds the fascinating chapters of Swansea’s past. Immerse yourself in the stories of maritime and transport history, including the iconic Mumbles Railway, an emblem of Swansea’s legacy.
The Egypt Centre
Perhaps not what you might expect to find in this corner of Wales, the Egypt Centre is located within Swansea University’s Singleton campus. Marvel at the largest collection of Egyptian antiquities in Wales and indulge your curiosity in a culture that continues to captivate us after thousands of years. Engage in interactive workshops, where designing tombs, donning traditional attire, and solving puzzles offer an unforgettable experience for both young and old.
Swansea Market is a culinary haven that showcases the flavours of the region. Discover the largest glass and wrought-iron structure in the UK, rebuilt after World War II, and sample the tantalizing local delicacies. From succulent cockles to the renowned laverbread, experience the authentic tastes that define Swansea’s gastronomic heritage.
Feel the pulse of excitement at the Swansea.com Stadium, a 20,000-seat arena that hosts both Swansea City FC and The Ospreys rugby club. Witness the thrill of live sports as you cheer on your favourite teams and revel in the electric atmosphere that permeates the stadium every Saturday.
Escape to the beauty of Clyne Gardens, where exotic plants and vibrant blooms create a captivating landscape. Marvel at the rhododendrons, Elephant Rhubarb, and American Skunk Cabbage that adorn this great garden. Take a moment of serenity in the enchanting Japanese garden, complete with a picturesque bridge.
Discover the vibrant seaside village of Mumbles, where over 120 shops, restaurants, and pubs line the picturesque Swansea Bay. Indulge in the freshest seafood, sought after by prestigious establishments in London and Paris.
Moving to Swansea
The cost of living in Swansea
The good news is that Swansea offers an affordable cost of living compared to other cities like Manchester.
A family of four can expect monthly costs of around £2,392.9 without rent, while a single person can expect costs of approximately £680.4. Rent prices in Swansea are also considerably lower, averaging 23.8% less than in Manchester.
When it comes to daily expenses, dining out at inexpensive restaurants can cost around £17.00 per meal, while a mid-range three-course meal for two people may amount to £50.00. Market prices for essential groceries such as milk, bread, and eggs are relatively affordable, with a variety of options available. Transportation costs include one-way local transport tickets priced at £3.75 and monthly passes around £72. Utility expenses for an 85m2 apartment, including electricity, heating, water, and garbage, average £132.75 per month.
Additionally, Swansea offers various leisure activities, with fitness club memberships priced at around £24.43 per month and cinema tickets costing approximately £7.00 for an international release. Rent prices vary depending on location, with a one-bedroom apartment in the city centre ranging from £600 to £800 per month.
But remember, we are amid a cost of living crisis, so these July 2023 figures are likely to increase unfortunately in the short term.
Swansea’s property market has seen a steady rise in prices over the past year, with an overall average price of £201,047. Terraced properties have been the most popular choice among buyers, selling at an average price of £150,223. Semi-detached properties have also seen a significant demand, with an average sale price of £206,591. For those seeking more spacious options, detached properties have commanded higher prices, with an average sale price of £315,447.
The property market in Swansea has shown resilience, with sold prices increasing by 2% compared to the previous year. This growth is even more significant when compared to the peak of 2020, where prices were 16% higher at £173,352. These positive trends indicate a thriving property market in Swansea, making it an attractive location for homeowners and investors alike.
Is Swansea Right for You?
And there you have it, your guide to living and thriving in the vibrant city of Swansea! From its ongoing transformation and affordable cost of living, Swansea has something to offer everyone. Whether you’re seeking a stroll through history at the National Waterfront Museum or indulging in the culinary delights of Swansea Market, this Welsh gem is brimming with adventure and charm.
As cash house buyers with extensive experience in the Swansea property market, We Buy Any Home can assist you in navigating the world of buying and selling properties, even those with unique challenges. We understand Swansea’s evolving landscape and can help you seize the opportunities it presents.