1-bedroom flat · CF24 4QY
Listing removedListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideally located just a short stroll from the iconic Roath Park, the wide range of amenities on Crwys Road and Cardiff University Hospital, this generously proportioned ground floor apartment is an excellent opportunity for a first-time buyer or investor.
The bedroom sits to the front of the property and features a large bay window that floods the room with natural light, along with contemporary laminate flooring.
The lounge is another well-sized space and benefits from direct access to the rear garden.
The kitchen/dining room, previously used by the former owner as an open-plan kitchen and living area, offers a range of units and a door leading down to the basement, providing a useful storage area.
The bathroom is particularly impressive in size and is fitted with a four-piece suite comprising a walk-in shower, panelled bath, low-level W.C.
and wash hand basin, with a cupboard housing plumbing for a washing machine. Attractive tiling complements the space throughout.
Outside, the enclosed rear garden features a paved seating area, creating a pleasant and private spot to enjoy the afternoon sun.
We are advised by the vendor that provisions of electricity, water and sewerage are connected to a mains supply, and no materials used in construction may impact a buyer's enjoyment, mortgage availability, or insurance availability, and there are no issues or restrictions on mobile signal/coverage.
Living Room 3.93m x 4.12m - 12'11" x 13'6" Kitchen 5.13m x 3.33m - 16'10" x 10'11" Bedroom 3.53m x 2.94m - 11'7" x 9'8" Bathroom 3.11m x 3.33m - 10'2" x 10'11" Cellar 5.85m x 1.25m - 19'2" x 4'1" Tenure We have been advised that there is a lease in place, 999 years from 2007, no ground rent and zero service charge, just a 50% share of the buildings insurance.
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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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 Monthermer Road, Cathays
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