Not the best option unless you need elaborate routing and don't want to pay a lot more for a corporate grade router.
1) Using a laptop, the fan won't last long enough running (presumably?) 24/7
2) Uses more power than a typical standalone router. Within 2-3 years the power difference could probably pay for a modest-spec router, especially if you shop around for deals on them.
3) Most consumer grade routers also have a built in switch, so potentially don't need a separate switch and by not having one, can discount the power it would have used, off the power used by the router.
4) You can do a fair amount of configuration with standalone routers if they're capable of 3rd party firmware like DD-WRT, Tomato, or OpenWRT. Just need to pick which of those to use, then pick a router that's supported.