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See how verdicts work2-bedroom flat · CF64 3LA
Sold STCReduced £35k (−16.3%) on 25 OctListed 187 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A second floor, two bedroom flat located in the ever popular Alexandra Court on Penarth Esplanade. Conveniently located to Penarth Town Centre, local transport links, Cardiff City and the M4 Motorway.
Accommodation briefly comprises; entrance hall, open plan living/dining room, kitchen, spacious double bedroom with walk-in wardrobe, second single bedroom and bathroom.
Externally the property benefits from one parking space and access to communal gym. Being sold with no onward chain.
Accommodation - A secure communal entrance accessed via a fob with stairs and lifts to all floors. Flat 30 is located on the second floor.
Entered via a solid wooden door into a hallway benefiting from carpeted flooring, a wall mounted intercom system and two recessed storage cupboards; one of which houses the hot water cylinder.
The living/dining room enjoys carpeted flooring and a uPVC double glazed bay window to the rear elevation.
The kitchen has been fitted with a range of wall and base units with roll top laminate work surfaces.
Integral appliances to remain include; a ‘Bosch’ electric oven, a ‘Bosch’ 4-ring electric hob with an extractor fan over and a ‘Candy’ fridge/freezer.
Space and plumbing has been provided for freestanding white goods.
The kitchen further benefits from laminate wood flooring, partially tiled splashback, a stainless steel bowl and a half sink with a mixer tap over and a uPVC double glazed window to the rear elevation.
Bedroom one is a spacious double bedroom and enjoys carpeted flooring, a walk-in wardrobe and a uPVC double glazed window to the rear elevation.
Bedroom two benefits from carpeted flooring and a uPVC double glazed window to the rear elevation.
The bathroom has been fitted with a 3-piece white suite comprising; a panelled bath with a thermostatic hand-held shower attachment and a wash-hand basin and a WC set within a vanity unit.
The bathroom further benefits from carpeted flooring, partially tiled walls and an extractor fan. Additional Information - Electric and water mains services connected.
Leasehold - share of the freehold. 999 years from 1992 (approx. 965 years remaining). We have been reliably informed that the service charge is £2,400pa. Council tax band 'D'. EPC rating 'TBC'.
The property further benefits from one allocated parking space.
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.
Area
Agent & docs
FAQ
About 30 Alexandra Court, The Esplanade, Penarth, CF64 3LA
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