1-bedroom flat · CF10 5NL
For saleListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Jeffrey Ross are pleased to present for sale this spectacular top (5th) floor apartment. Extensively renovated by the present owner and beautifully presented throughout.
Decorated in Farrow & Ball and benefitting from under floor heating with replacement thermostats plus a newly fitted stunning kitchen by Magnet.
Further benefitting from a 999 year lease from 2001, intercom security entry, lift, allocated under croft parking plus numerous visitor parking spaces.
Briefly comprising a communal entrance via security intercom, welcoming entrance hall, spacious lounge with French doors onto a glass fronted balcony offering an elevated view over Cardiff Bay, stunningly refitted kitchen by Magnet with integrated dishwasher, washing machine plus built in oven, hob & hood, impressively large 23' bedroom - 2 double wardrobes and a stylishly appointed bathroom - shower completes the accommodation.
Upon Dumballs Road a large convenience store and a short drive takes you into Mermaid Quay with its vibrant night life of bars and restaurants plus 2 small supermarkets and an array of smaller shops.
Viewing highly recommended.
The popular development of Century Wharf perfectly positioned on the fringe of Cardiff bay with everything the bay has to offer nearby - shops, bars, restaurants and the award winning Millennium Center is a short walk away.
Sienna House is superbly positioned directly opposite the leisure suite with indoor pool and gymnasium.
Communal Entrance Intercom entry, access to all apartments via lift and stairwell, refuse room on each floor.
Hall Welcoming entrance hall, luxury flooring by Karndean, intercom entry-phone, walk in airing/cloaks cupboard - hot water cylinder.
Lounge (6.12m max x 4.50m max (20'1" max x 14'9" max)) Impressively spacious lounge with space for dining table & chairs, luxury flooring by Karndean, TV point, telephone point, 7' wide French doors open out onto the Easterly facing glass fronted balcony - perfect to watch early sun rises and offering a pleasant elevated aspect over Cardiff Bay.
Kitchen (4.47m x 2.36m max (14'8" x 7'9" max)) Recently refitted by Magnet with an extensive range of base units with compacted laminate worktops including an under mounted brass sink by Caple with brass mixer tap, features include soft close doors & drawers plus brass handles, integrated appliances include dishwasher, washing machine plus built in oven, hob & hood, extractor fan, luxury flooring by Karndean, space for fridge/freezer.
Bedroom (7.21m max x 2.67m (23'8" max x 8'9")) Exceptionally large double bedroom, window to rear, 2 fitted double wardrobes, TV point, telephone point.
Bathroom Stylishly appointed modern white suite comprising a panel bath with overhead shower & glass screen, wall mounted wash hand basin and close coupled wc - concealed cistern, upvc clad surround and tiled floor, extractor fan, heated towel rail, twin shaver point.
Grounds Set in communal landscaped grounds, allocated under-croft parking with numerous visitor parking spaces (permit required).
Information We believe the apartment is leasehold with a 999 year lease from 1st January 2001 therefore with 973 years remaining.
There is a Ground Rent of £480.00 per annum (£40.00 per month), Current service charge is £3,036.00 per annum (£253.00 per month) - this includes the buildings insurance, water rates, upkeep of the communal green areas plus full use of the fitness suite with is gymnasium and swimming pool.
Council Banding - Band E £2,
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
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FAQ
About Geneva House, 29 Penstone Court, Chandlery Way, Cardiff
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