We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · CF5 3BH
For saleReduced £15k (−17.6%) on 25 JunListed 373 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Flat 2 Norbury Court, situated in Bailey Close, Cardiff. This vibrant area is known for its strong sense of community and connection.
It offers a friendly and welcoming atmosphere, with a rich tapestry of culture and history right in the heart of Cardiff.
With numerous local amenities nearby, this desirable location blends tranquillity, convenience and Welsh charm.
Moving onto the property itself, Flat 2 is a delightful two-bedroom retirement flat for the over-60s, offering comfortable living space.
It features gas central heating and access to a communal garden. As a leasehold opportunity, it's ideal for putting down roots in a sought-after neighbourhood.
Flat 2 truly opens the door to Cardiff's thriving everyday scene. Local supermarkets including Aldi and Tesco are close by for your daily shopping needs.
Canton Library is nearby and a lovely resource for avid readers. The area also offers a rich selection of international dining options.
For outdoor enjoyment, Trelai Park is a nearby green oasis perfect for running, picnicking or a peaceful walk. The Dusty Forge community centre provides a warm social setting to unwind with others.
Transport wise, the property benefits from excellent connectivity. The M4 motorway lies around 4.5 miles away, giving access to the wider region.
Cardiff Central train station is approximately 2.6 miles away, ensuring links across the UK. Cardiff Airport sits roughly 10 miles away by road.
The distance from Bailey Close to Cardiff city centre is around 3.5 miles, while the drive to Bristol is closer to 60 miles.
Key features of the property include: Retirement property - 60yrs plus Two spacious bedrooms No Chain Upfront searches available Communal garden Gas central heating Making an offer through us: We already have the title plan, register details and searches.
Let us know if you'd like to see them. Having these documents to hand can save time and reduce stress once an offer is accepted.
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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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 advisers 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.
Area
Agent & docs
FAQ
About 2, Bailey Close, Cardiff
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