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See how verdicts work2-bedroom flat · CF11 0LA
For saleReduced £9.9k (−5%) on 27 SepListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Jeffrey Ross area delighted to bring to the market this immaculate two bedroom apartment.
Located in exclusive Davaar House within the popular modern development of Prospect Place in Cardiff bay overlooking the main lake towards the bay, this spacious and beautifully presented apartment enjoys incredible views over Cardiff Bay and the Bristol Channel.
With secure gated entry, the development of Prospect Place with its impressive central green area benefits from an indoor full size heated swimming pool with Jacuzzi & sauna's plus 2 gymnasiums plus has the added security of 24 hour concierge plus CCTV throughout the site.
Internally the property offers two double bedrooms, master ensuite shower room, bathroom and stunning open plan living / kitchen area and complete with a full length balcony.
There is allocated under-croft parking for one car plus visitor parking spaces. Viewing highly recommended.
The development of Prospect Place has proven to be an incredibly popular place to live for young and old alike.
Its a safe environment with its gated entry and tranquil given the expansive central communal lawns and of course the amazing water views.
Communal Entrance Accessed via front of building or via under-croft parking. Stair and lift access to all floors.
Hallway Entered via hardwood door into carpeted hallway with doors to reception room, bedrooms one and two, bathroom and storage/airing cupboard.
Lounge Kitchen (5.89m max x 4.39m max (19'4" max x 14'5" max)) A spacious open plan living room with uPVC sliding doors onto the balcony with water views.
The kitchen is fitted with a range of contemporary base and eye level units and benefits from integrated oven and induction hob with extractor fan over.
Integrated fridge/ freezer, dishwasher, washer dryer and microwave oven. Tiled flooring and splash-back. Waste disposal. Down-lighting.
Bedroom One (5.08m max x 2.64m (16'8" max x 8'8")) A double bedroom with, built in wardrobe storage, carpeted flooring and wall heater. Double glazed door to balcony. Door leading to ensuite.
En-Suite Three piece white suite comprising of double shower cubicle with glass screen, low level wall hung W.C, wash hand basin, extractor fan, wall mounted heated towel rail, part tiled walls, tiled floor.
Bedroom Two (3.51m x 2.95m max (11'6" x 9'8" max)) Double bedroom with double glazed door leading onto the balcony. Balcony Full length balcony with water view.
Service Charge We are advised by the vendor that the Service Charge is approximately £1646 a year and this includes building insurance, water rates and access to the pool & gyms.
Council Tax Band E Ground Rent £250 per year. Tenure 125 years from 1 Jan 2006, but this is to be confirmed by your solicitor
Value & comps
No previous sales on record.
Returns
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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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FAQ
About 45, Davaar House, Cardiff
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