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See how verdicts work2-bedroom flat · CF23 9BW
Sold STCListed 309 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented modern purpose built first floor apartment position at the top of Waterloo Road, a short walk to Waterloo Gardens coffee shop as well as Wellfield Road and Albany Road shops and arcades and a short drive to Sainsbury’s (Colchester Avenue) and Newport Road Retail Park.
The property is set within beautifully maintained communal gardens and a short walk to bus links.
Telephone entry communal entrance hallway, first floor communal landing, private hallway, 18ft lounge/diner, beautifully appoint modern kitchen with new built-in appliances, two double bedrooms with fitted furniture and a shower room.
UPVC double glazing, gas central heating, integral fridge/freezer and washing machine, fitted wardrobes and quality wood block flooring. Surrounding communal gardens, parking space and garage.
EPC - C Viewing strictly by prior appointment. All statements contained in the particulars are not to be relied on as representations of fact.
All representations contained in the particulars are based on details supplied by the Vendor.
Communal Entrance Hall Approached via a communal entrance double glazed door and window with private letterbox and door telephone entry system, staircase and handrail to first floor landing with the main door giving access to the flat.
Entrance Hallway Loft access (only for use for this apartment) telephone entry system, quality herringbone style wood block flooring, radiator, large airing cupboard housing the hot water cylinder with shelving and storage, a second double storage cloakroom cupboard with shelving.
Ceiling spotlights.
Lounge/Diner 18’4” x 13’ A generous space with a bay window overlooking the main site with communal gardens, continuation of the quality herringbone style wood block flooring, radiator, coal effect gas fire with a fireplace surround, TV point, telephone point, coved ceiling, high level skirting boards, door to kitchen.
Kitchen 13’ x 8’ Aspect to the rear a recently refurbished modern royal blue fitted kitchen appointed along three sides with modern straight bar handles comprising of eye level units and base units with drawers and round nose worktops over, inset stainless steel sink with mixer tap, fitted four burner electric hob with oven below (unused from new), ceramic wall tiling to work surfaces surrounds, integrated fridge and freezer, integral washing machine, wall mounted Worchester gas central heating boiler concealed behind the matching wall units, ceramic floor tiling, radiator.
Bedroom 1 13’ x 9’8” including wardrobes Aspect to the rear, radiator, built-in wardrobes comprising of double wardrobe with sliding mirrored doors, hanging rail and shelf with additional dresser unit and drawers.
Bedroom 2 12’4” x 9’6” including wardrobes Second genuine large double bedroom overlooking the parking and garage area, radiator, fitted double wardrobe with sliding mirrored doors, hanging rail and shelf, dressing table with storage below and draw, telephone point.
Shower Room Two opaque windows to the front, a modern white suite comprising of a double shower unit with glazed sliding door, rainfall style shower head, flexible handle and thermostatic controls, pedestal wash hand basin, close coupled push button WC, bidet, traditional style radiator with fitted towel rail, ceramic floor and wall tiling, ceiling spotlights.
Outside Beautifully maintained surround communal gardens with central seating area, visitor parking spaces with an allocated garage set to the rear.
Directions Travelling South along Cyncoed Road away from the Village continue to the end of Cyncoed which continues into Penylan Road, take the first turning left into Dorchester Avenue at the T junction turn left again and Edward Nicholl Court can be found at the top of Waterloo Road on the right hand side.
Viewers Material Information: 1) Prospective viewers should view the Cardiff Adopted Local Development Plan 2006-2026 (LDP) and employ their own Professionals to make enquiries with Cardiff County Council Planning Department ( before making any transactional decision.
2) Transparency of Fees Regulations: We do not receive any referral fees/commissions from any of the Providers we recommend, apart from Cornerstone Finance, where we may receive a referral fee (amount dependent on the loan advance and product) from this Provider for recommending a borrower to them.
This has no detrimental effect on the terms on any mortgage offered.
3) Please note that if the property is currently within Cardiff High School catchment area, there is no guarantee that your child or children will be enrolled at Cardiff High School, if requests for places become over-subscribed.
Any interested parties should make their own enquiries with Cardiff County Council Education Department before making a transactional decision.
Additional Property Information: Tenure: Leasehold Current Term 99 years from the 1st June 1982 (56 years remaining) (Vendors Solicitor to confirm) The lease will be extended on completion of sale.
Ref: JP/MR/CYS250267 Council Tax Band: E (2026) Service Charge £133 per month Ground Rent: £100 per annum Viewing strictly by prior appointment.
All statements contained in the particulars are not to be relied on as representations of fact. All representations contained in the particulars are based on details supplied by the Vendor.
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 Waterloo Road, Penylan, Cardiff, CF23
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