2-bedroom property · CF64 5XQ
Sold STCReduced £2.5k (−4.1%) on 1 AugListed 789 days
Opportunity summary
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About
Situated on Marconi holiday village is this outstanding, renovated two bedroom chalet with spectacular coastal views.
Comprises open plan L shaped lounge/dining, new fitted kitchen, two bedrooms and renovated shower room. Front terrace.
Modern finishings throughout and presented well.The property is available for occupation 10 months of the year (site closed January/ February) Buyers must also comply with holiday home ownership and must own another property.
Extended lease. Double glazed front door to lounge/dining/kitchen. Lounge/Dining/Kitchen (4.77m x 5.47m (15'7" x 17'11")) A lovely L-shaped living space with great views.
The kitchen has been completely renewed with high quality pale grey units, contrast tiling and worktops.
Electric hob, oven, extractor (all finished in black gloss), washing machine, fridge/freezer, access to modern consumer unit and fuse box. Laminate floor, well presented throughout, electric radiator.
UPVC double glazed windows to rear, new uPVC double glazed window and door to front. Bedroom 1 (3.17m x 2.42m (10'4" x 7'11")) UPVC double glazed window to rear. The larger of the two bedrooms.
Built-in wardrobe, laminate flooring, electric radiator. Bedroom 2 (2.42m x 2.24m (7'11" x 7'4")) A smaller bedroom. UPVC double glazed window to front with stunning views of the Channel.
Laminate flooring, electric radiator, small built-in wardrobe. Shower Room Previously a bathroom now a completely refurbished shower room.
Comprising toughened shower screen with electric Triton shower, close coupled wash basin and wc with concealed plumbing and built-in storage.
Contrast built-in furniture, tiled walls, laminate flooring, ladder radiator, shelved store cupboard. Two uPVC double glazed windows.
Front Garden Paved front garden with side access and uninterrupted views looking across the Channel, Minehead and Somerset, two infra-red heaters Communal Parking Parking area.
Communal Areas On site facilities to include swimming pool, site office, laundry facilities, Marconi Inn and children's play area.
Lease Details Lease until 31st December 2070 Maintenance/Service Charge £1,324.42 (excluding VAT) p.a.
Ground rent - £50.00 Water rates - £259.51 Insurance - £218.23 Council Tax - £860.45 Electric standing charge - £127.50 Post Code CF64 5XQ
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
Agent & docs
FAQ
About 61 Lavernock Point, Fort Road, Penarth
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