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 work3-bedroom flat · CF64 1DL
For saleListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious lower ground floor flat, for sale with no onward, with considerable renovation required but with excellent potential and a location within easy reach of Penarth town centre, Marina and Cardiff Bay Barrage.
The property benefits from outdoor space to the front and rear, and comprises a sitting room, kitchen, three bedrooms and a bathroom. Viewing advised. EPC: Tbc.
Accommodation Hall Composite front door with double glazed panels. Central heating radiator. Phone points. Power points. Doors to four rooms plus the bathroom.
Built-in cupboard with water tank and fitted shelving. Sitting Room (15' 3'' plus recess x 10' 11'' (4.66m plus recess x 3.32m)) The main reception room, and one that links the hallway to the kitchen.
This room has a uPVC double glazed window to the rear, a central heating radiator and power points.
Kitchen (8' 8'' x 9' 6'' (2.63m x 2.9m)) Fitted kitchen units and a stainless steel sink with drainer. Part tiled walls. Power points.
UPVC double glazed window to the side and a composite door with double glazed panel into the garden.
Bedroom 1 (16' 3'' into recess x 10' 10'' (4.95m into recess x 3.3m)) The largest of the rooms in the property and either the main bedroom or a spacious living room.
UPVC double glazed window to the front. Power points. Central heating radiator. Bedroom 2 (12' 11'' into recess x 10' 9'' (3.93m into recess x 3.27m)) The second front-facing room.
A double bedroom with uPVC double glazed window to the front, central heating radiator and power points.
Bedroom 3 (9' 8'' into recess x 10' 11'' (2.95m into recess x 3.32m)) A single bedroom with uPVC double glazed window to the rear. Central heating radiator. Power points.
Bathroom (6' 2'' x 7' 10'' (1.88m x 2.4m)) Suite comprising a panelled bath, WC and sink. Central heating radiator. UPVC double glazed window to the rear. Heated extractor fan.
Outside Garden The property benefits from a patio area to the rear of the property.
Front Area There is a small front yard, accessed via steps down from the road, with storage space and the front door into the property.
Additional Information Tenure The property is leasehold (WA968479) with a term of 125 years from 25th March 2000 (98 years remaining).
Service Charge And Ground Rent We have been informed by the Vale of Glamorgan Council that there is currently a management fee of £15 per annum, and a ground rent payment of £10 per annum.
Approximate Gross Internal Area 785 sq ft / 72.9 sq m. Utilities The property is connected to mains gas, electricity, water and sewerage services and has gas central heating.
Council Tax The Council Tax band for this property is C, which equates to a charge of £2009.93 for 2026/27.
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 47, Queens Road, Penarth
Explore nearby