1-bedroom flat · CF10 2FH
For saleReduced £15k (−9.1%) on 21 JunListed 190 days
Opportunity summary
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About
Ref: Bedroom - 1 bathroom - 12th floor apartment - luxury interior - views of the city - asking price £165,000 - service charge £3,363.46 per annum - allocated car space - strong investment property Sales & Lettings Angels are delighted to present this exceptional one-bedroom apartment, ideally positioned in the heart of Cardiff city centre.
Offering impressive panoramic views and high-quality, contemporary interiors, this well-maintained property represents an excellent opportunity for both investors and owner-occupiers alike.
Situated on the 12th floor of the highly sought-after Altolusso development, the apartment features a spacious open-plan kitchen and living area, designed with a sleek, modern aesthetic.
Floor-to-ceiling windows flood the space with natural light while showcasing stunning city views.
The adjoining bedroom is generously proportioned and benefits from built-in storage, complemented by tasteful, high-end finishes throughout.
The bathroom is equally well-appointed, featuring a large walk-in shower and stylish, modern fittings.
Residents of Altolusso enjoy an exceptional standard of living, with a range of premium on-site facilities including a 24-hour concierge service, secure entry intercom system, and gated fob access to an allocated parking space.
The annual service charge is £3,363.46 and includes water, building insurance, and maintenance of both internal and external communal areas.
Ideally located, the property provides immediate access to Cardiff’s extensive range of amenities, including retail, dining, leisure, and green spaces, all within walking distance.
Currently tenanted at £1,300 pcm (£15,600 per annum), the property offers a strong potential yield of approximately 9.4%, making it a compelling investment opportunity.
The current tenant has expressed an interest in remaining in situ, subject to agreement with the purchaser.
Please note the furniture belongs to the present owner, but can be negotiated to be included in the purchase.
Please note, we are currently awaiting a letter of comfort to assist with mortgage lending.
Service charge - £3,363.46 annually Ground rent - £143 Length of lease - 102 years remaining EPC rating - B Council tax band - E Management company - firstport
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Altolusso, 187, Bute Terrace, Cardiff
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