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See how verdicts work1-bedroom flat · CF10 4DW
For saleReduced £10k (−5.6%) on 26 OctListed 65 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exciting opportunity for first-time buyers looking to enjoy waterside living within easy reach of Cardiff City Centre.
Situated on the third floor of the popular Blake Court development on Schooner Way, this well-positioned one-bedroom apartment combines convenience, lifestyle and fantastic views, with the added benefit of lift access to all floors.
Step inside and you are welcomed by an entrance hallway leading to a comfortable sitting room, creating an inviting space in which to relax and unwind.
The apartment also benefits from a recently replaced kitchen suite, providing a fresh and contemporary space for everyday cooking.
There is a generous double bedroom together with a bathroom, making the accommodation particularly well suited to a first-time buyer, professional or couple looking for a low-maintenance home close to everything Cardiff has to offer.
The real standout feature, however, has to be the Juliet balcony and fantastic water views.
Opening the doors allows you to bring the outlook into the living space and creates a wonderful setting in which to enjoy your morning coffee or simply relax at the end of the day.
The location is another major attraction.
Blake Court overlooks the Atlantic Wharf area and is ideally positioned between Cardiff Bay and Cardiff City Centre, putting an excellent choice of shops, restaurants, cafés, entertainment and leisure facilities within easy reach.
Other properties within Blake Court are marketed as being approximately a 10-minute walk from the city centre and around 15 minutes from Cardiff Bay and Cardiff Central railway station, making this an excellent base for enjoying city life without giving up the appeal of a waterside setting.
The attractions of Cardiff Bay are close at hand, including the waterfront and Wales Millennium Centre, while the wider area also provides convenient road links towards the A4232 and M4 motorway network.
Early viewing is highly recommended to fully appreciate this water front home Property Ownership Information Tenure Leasehold Council Tax Band D Annual Ground Rent No ground rent Ground Rent Review Period No review period Annual Service Charge £1,164.00 Service Charge Review Period No review period Lease End Date 01/03/2114 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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.
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FAQ
About Flat 10/Blake Court, Schooner Way, Cardiff
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