2-bedroom flat · CF10 5FY
For saleListed 83 days
Opportunity summary
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About
**HIGH SPECIFICATION APARTMENT WITH OUTSIDE SPACE* NO CHAIN** MGY are pleased to present for sale, a modern two bedroom ground floor apartment, in the popular development of Carlotta Way.
Located within walking distance to Mermaid Quay and the City Centre. The spacious accommodation comprises of lounge/diner, separate kitchen, two double bedrooms, en-suite and modern bathroom.
The property further benefits from outside space, a video entry intercom system, double glazing throughout and secure gated access to an allocated parking space. Ideal first time purchase.
EPC Rating: D LOCATION Carlotta Way is a quiet development situated within walking distance of Mermaid Quay and it's popular attractions, including The Wales Millennium Centre.
It is located within close proximity to a variety of bars, restaurants, coffee shops, Everyman cinema, water sports/activities and the popular Red Dragon Centre.
Beautiful cycle and walking paths to Cardiff Bay Barrage and its spectacular views across Cardiff Bay and Mermaid Quay. ENTRANCE HALL Entered via wooden door, with security spy hole.
Large double glazed uPVC window to side aspect. Spacious hallway. Luxury tiled flooring. Two storage cupboards, one housing hot water tank. Wall mounted video entry intercom system.
Wall mounted electric panel heater. Doors leading to all rooms. Spotlights. LOUNGE/DINER Impressive living area. Two sets of double glazed uPVC French doors, leading to outside space.
Luxury tiled flooring. Extremely spacious. Two electric panel heaters. TV Point. Spotlights. Ample space for dining area. KITCHEN High specification separate kitchen.
The kitchen has been upgraded with wall and base units and work surfaces incorporating composite sink. Ample storage. Integrated oven, microwave, dishwasher and washer/dryer.
Four ring electric hob and stainless steel extractor hood over. Extractor fan. Tiled flooring and part tiled walls. Plinth heater. Plinth spotlights.
MASTER BEDROOM A spacious double bedroom with a large double glazed uPVC window, overlooking the communal gardens. Carpeted flooring. Wall mounted electric panel heater.
Door leading to: EN-SUITE Upgraded en-suite. White three piece comprising shower cubicle, pedestal wash hand basin and W.C. Tiled flooring and part tiled walls.
Wall mounted mirrored vanity unit. Heated towel rail. BEDROOM TWO Double glazed uPVC window to side aspect. Large double bedroom. Carpeted flooring. Wall mounted electric panel heater.
BATHROOM Upgraded bathroom. White three piece comprising panelled bathroom with shower over and glass shower screen, Pedestal wash hand basin and W.C. Tiled flooring and part tiled walls.
Wall mounted mirrored vanity unit. Heated towel rail. OUTSIDE SPACE French doors opening to private outside area. Space for seating.
PARKING Secure gated access to one allocated parking space. TENURE MGY are advised that the property is leasehold, with a term of 125 years from 2002.
Service charges of £3,696 per annum, which includes water rates, building insurance, secure gated fob access, video entry intercom system, maintenance of internal and external communal areas, bike storage, regular cleaning and refuse disposal and an allocated parking space.
Ground rent TBC per annum.
AML Please note: A non-refundable administration fee of £30 including VAT is payable per buyer to carry out the required AML verification checks once an offer has been accepted.
The sale cannot proceed until these checks have been satisfactorily completed. This is on acceptance of offer only. Details can be found on our website.
Disclaimer Important Notice: These particulars are prepared for guidance only and do not form whole or any part of any offer or contract.
Whilst the particulars are given in good faith, they are not to be relied upon as being a statement or representation of fact.
They are made without responsibility on the part of MGY Ltd or Vendor/lessor and the prospective purchaser/lessee should satisfy themselves by inspection or otherwise as to their accuracy.
Neither MGY Ltd nor anyone in their employ, or the vendor/lessor, imply, make or give any representation/warranty whatsoever in relation to this property.
The services of our recommended mortgage brokers and solicitors may be beneficial.
While a referral fee may be received if they are chosen, there is no obligation to use their services, and an alternative mortgage provider/solicitor can be chosen.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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About Carlotta Way, Cardiff, CF10
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