2-bedroom flat · CF11 0AP
Listing removedReduced £6k (−3.4%) on 30 SepListed 347 days
Opportunity summary
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About
For sale with no on-going chain and immediate occupation is this waterfront top floor (2nd) spacious flat.
Boasting uninterrupted water views from the lounge and master bedroom over the River Ely & beyond. Found in excellent order after having been completely redecorated throughout in neutral tones.
Located on the fringe of the City Center plus a short walk takes you into Penarth Marina and nearby is the Waterton Retail Shopping Park with 3 supermarkets nearby.
Briefly comprising a communal entrance - intercom entry, hall, lounge open to fitted kitchen - integrated fridge, freezer, dishwasher, washer/drier plus built in double oven, hob & hood, master double bedroom with generous walk in closet plus stylish en suite shower room plus a second double bedroom and modern bathroom complete the accommodation.
Complimented with gas central heating and upvc double glazing plus a Westerly facing balcony overlooking the water. With an allocated parking space plus visitor parking spaces available.
Viewing highly recommended. Communal Entrance Intercom entry with stairs leading to all flats.
Hall Spacious hall leading to all rooms plus access to some loft space, linen cupboard plus cloaks cupboard, intercom entry phone.
Lounge Kitchen (7.54m max x 3.35m (24'9" max x 11')) Impressively spacious room with the lounge open plan to the kitchen area, generous living and dining area with French doors with side glazed panels opening onto a water facing balcony facing West directly overlooking the River Ely & beyond with a side window, TV point.
Kitchen area extensively fitted wall and base units with a breakfast bar divide, integrated appliances include fridge, freezer, dishwasher, washer/drier plus built in double oven, gas hob & cooker hood, window to front, tiled splash backs.
Bedroom 1 (3.18m x 2.77m (10'5" x 9'1")) Master double bedroom, window to rear overlooking the River Ely, walk in 5' X 5' closet with light, TV point.
En Suite Shower Room Modern white suite comprising a tiled double shower enclosure, pedestal wash hand basin and close coupled wc, tiled surround, white heated towel rail, window to rear, extractor fan, twin shaver point.
Bedroom 2 (3.48m x 2.34m (11'5" x 7'8")) Double bedroom, window to front.
Bathroom Modern white suite comprising a panel bath, pedestal wash hand basin and close coupled wc, tiled surround, window to front, extractor fan, twin shaver point, white heated towel rail.
Grounds Set in communal well tended grounds, allocated parking space plus visitor parking spaces available.
Information We believe the property is leasehold with a 999 year lease from 1st January 2007 therefore with 981 years remaining. Ground Rent of £197.00.
Service charge of £2,230.07 which includes a payment of £302.60 to go into a fund to purchase the freehold (refundable if the purchase of the freehold does not go ahead).
Council Banding - Band E £2,349.
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 77, Burford Gardens, Cardiff
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