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See how verdicts work2-bedroom flat · CF11 0JG
For saleListed 326 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern purpose built two bedroom, first floor apartment, conveniently located for easy access to Cardiff City Centre, the Bay and M4 links.
The accommodation briefly comprises, hallway, open plan lounge/dining/kitchen with sliding doors opening to a full length balcony with views of communal grounds and water views.
The balcony is also accessed from both bedrooms. The large master bedroom benefits from an en-suite shower room and fitted wardrobes.
There is a second bedroom which is a good size and a modern family bathroom.
Prospect Place is a very popular gated secure complex with concierge service, allocated under croft parking with ample visitors parking and also includes use of the on site leisure facilities, gym and pool located on the ground floor of Lady Isle House, the next block over.
Accomodation - First Floor Apartment - Hallway - 2.44m x 3.15m (8'0" x 10'4") - Laminate effect flooring. Skimmed walls and ceilings. Storage cupboard with water heater inside.
Doors to all other rooms. Telephone entrance system handset. Two pendant lighting. Smoke detector. Electric radiator. Lounge - 4.32m x 3.20m (14'2" x 10'6") - Laminate effect flooring.
Skimmed walls and ceilings. Spotlight ceiling. Electric radiator. Patio doors onto balcony. Kitchen - 4.32m x 3.96m (14'2" x 13'0") - Tiled effect flooring.
Fitted kitchen with a range of wall and base units with worksurface and tiled splashbacks. Features include; sink and drainer, Electrolux electric oven with four ring hob.
Integrated washing machine and Beko fridge/freezer. Extractor fan and built in Electrolux microwave oven. Master Bedroom - 2.77m x 6.76m (9'1" x 22'2") - Laminate effect flooring.
Skimmed walls and ceiling. Radiator. UPVC double glazed window to front elevation. UPVC double glazed door onto balcony. Spotlight ceiling. Smoke detector. Mirrored door fitted wardrobes.
En-Suite - 1.68m x 2.21m (5'6" x 7'3") - Tiled flooring. Tiled walls and skimmed ceilings. Large shower, fully tiled. Wall hung wash hand basin. Low level w.c.
Bedroom Two - 2.44m x 3.71m (8'0" x 12'2") - Laminate effect flooring. Skimmed walls and ceilings. Pendant lighting. Smoke detector. UPVC double glazed door onto balcony. Radiator.
Bathroom - 2.13m x 2.21m (7'0" x 7'3") - Tiled flooring. Partially tiled walls. Remaining skimmed walls and skimmed and spotlight ceiling. Bath with shower above.
Wash hand basin with cupboard space below and low level wc. Towel radiator. Outside - Balcony with wooden flooring. Glass balustrades. Access to lounge and both bedrooms. Space for seating areas.
Full use of gym and swimming pool. Services - 24 hour concierge service. Gated development. Full use of the gym and swimming pool. Service charge is approximately £300 per month.
Ground rent is £75 every six months. The vendor informs us that the lease commenced in 2003 and runs for 125 years so currently there are 103 years left.
Directions - From our office on Caerphilly Road head south on Caerphilly Rd, keep right to continue on North Rd, turn left onto Boulevard De Nantes, continue to follow A4161.
Then turn right onto Fitzalan Place, turn right onto Adam St, turn left onto Central Link, at the roundabout, take the 1st exit onto A4234.
At Queens Gate roundabout, take the 3rd exit onto Cardiff Bay Link Rd heading to M4, take the exit towards Cardiff Bay, at the roundabout, take the 3rd exit, turn right onto Ferry Rd, at the roundabout, take the 3rd exit and stay on Ferry Rd and then turn left.
Kilcredaun House is on the left of the two buildings towards the sea.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
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.
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