We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · CF10 4EB
For saleListed 185 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**RARELY AVAILABLE* WATERFRONT APARTMENT WITH STUNNING VIEWS* NO CHAIN** MGY are pleased to present for sale a superb one bedroom first floor apartment, in the extremely popular Henke Court development.
Conveniently situated within walking distance to both Cardiff Bay and the City Centre.
The spacious accommodation comprises entrance hall, open plan lounge/diner, upgraded 'Magnet' kitchen, large balcony, bedroom and upgraded 'Victoria Plumbing' bathroom.
The property further benefits from secure entry intercom system, double glazing throughout, onsite concierge, an allocated undercroft parking space and visitor parking. No chain.
Viewing highly recommended. EPC Rating: C ENTRANCE HALL Entered via wooden door with security spy hole. Intercom entry system. Wooden flooring.
Two storage cupboards, one housing upgraded hot water tank. Doors leading to lounge/kitchen/diner, bedroom and bathroom.
LOUNGE/KITCHEN/DINER 4.46m x 9.16m Extremely spacious living area with upgraded 'Magnet' kitchen.
Modern fitted grey gloss kitchen with a range of wall, base and drawer units with luxury Quartz worktops, incorporating composite sink with mixer tap over. Ample storage.
Under unit lighting and glass splashback. Extractor. Space for fridge freezer and washing machine. Integrated dishwasher.
Large breakfast island with additional storage below and built in oven and four ring electric hob. Stainless steel extractor hood over and space for three breakfast stools.
Two wall mounted electric panel heaters. Wall mounted lighting. Open plan living. Double glazed windows to front aspect and double doors, leading to large balcony with direct water views.
BALCONY Large decked balcony with fantastic water views. Space for seating. Accessed from the living room. BEDROOM 3.55m x 3.88m Double glazed windows with great water views.
Wooden flooring. Wall mounted electric panel heater. Built in double wardrobe. BATHROOM 2.05m x 2.09m Upgraded 'Victoria Plumbing' bathroom. Tiled flooring and part tiled walls.
Panelled bath. Additional shower cubicle with rainfall shower. Vanity enclosed wash hand basin. W.C. Shaver point. Heated towel rail. Extractor. Spotlights.
PARKING One allocated undercroft parking space. Ample visitor parking. FACILITIES Onsite concierge.
TENURE MGY are advised that the property is leasehold, with a term of 999 years from 2001.
Service charges of £3,199.06 per annum, which includes water rates, building insurance, security entry intercom system, onsite concierge, CCTV, lift maintenance, maintenance of internal and external communal areas, regular cleaning and refuse disposal, an allocated undercroft parking space, ample visitor parking and parking management.
Ground rent £234 per annum. Disclaimer Important Notice: These particulars are prepared for guidance only and do not form whole or any part of any offer or contract.
Whilst the particulars are given in good faith, they are not to be relied upon as being a statement or representation of fact.
They are made without responsibility on the part of MGY Ltd or Vendor/lessor and the prospective purchaser/lessee should satisfy themselves by inspection or otherwise as to their accuracy.
Neither MGY Ltd nor anyone in their employ, or the vendor/lessor, imply, make or give any representation/warranty whatsoever in relation to this property.
The services of our recommended mortgage brokers and solicitors may be beneficial.
While a referral fee may be received if they are chosen, there is no obligation to use their services, and an alternative mortgage provider/solicitor can be chosen.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 Henke Court, Cardiff, CF10
Explore nearby
