Modern Method of Auction
Auction date not yet published
2-bedroom flat · CF11 0JF
For saleListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Taylors countrywide are proud to present for sale this spacious two bed apartment on the first floor in Jones Point House in Prospect place.
The property comprises of two spacious double bedrooms with built in wardrobes. Lounge with a separate kitchen and main bathroom. Balcony off the living area. Telephone door entry system.
The property further benefits from community garden areas, allocated undercroft parking and a range of leisure facilities.
The leisure facilities include access to the gym and swimming facilities inclusive within the service charge. You will have full access to the swimming pool, Jacuzzi, sauna and two gyms.
Being sold with no chain. Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 90 days of the draft contract for sale being received by the buyers solicitor.
This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee.
This being 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property.
The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding.
A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £495 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you.
Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Agent Note: Please note that an aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Agent Note: Please note that an aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. Hallway Wood effect laminate flooring. Phone door entry system. Two ceiling lights.
Door access to storage cupboard housing water tank. Power points. Access to all rooms. Living/Dining Area (6.07m x 3.05m) Wood effect laminate flooring.
Double glazed windows and a double glazed patio door leading to the balcony with internal gardens view. Additional double glazed window in corner of living area. Ceiling spot lights.
Wall mounted electric heater. Power points. Separate Kitchen (0.08m x 2.64m) Separate kitchen. Tiled flooring. Integrated fridge/freezer. Integrated washing machine. Integrated dish washer.
Range of wall and base units with work top surfaces over. Four ring electric hob with stainless steel extractor hood. Eye level electric oven. Integrated microwave. Power points. Ceiling spot lights.
Main Bedroom (3.7m x 2.5m) Good sized double bedroom. Wood effect laminate flooring. Wall mounted electric heater. Built in wardrobes. Double glazed windows. Ceiling light. Power points.
Door access to the ensuite bathroom. Ensuite Bathroom Tiled flooring. Part tiled walls. Three piece suite comprising of a walk in shower with glass screen.
Wall mounted wash hand basin with mixer tap and cupboards below. Low level W/C with hidden cistern. Ceiling spot lights. Chrome heated towel rail. Ceiling extractor fan. Vanity mirror.
Bedroom 2 (3.02m x 2.57m) Wood effect laminate flooring. Double glazed windows. Wall mounted electric heater. Space for wardrobe. Ceiling light. Power points.
Bathroom Three piece suite comprising of a panelled bath with a hand shower. Low level W/C with hidden cistern. Wall mounted wash hand basin with mixer tap. Ceiling spot lights.
Wall mounted chrome heated towel rail. Tiled flooring. Part tiled walls. Shaver point. Vanity mirror.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 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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FAQ
About 14, Jones Point House, Cardiff
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