2-bedroom flat · CF14 4PQ
For saleListed 245 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire a larger than average, two double bedroom ground floor apartment, in the Heath, Cardiff.
Offering an impressive footprint and a lifestyle centred around light, space and convenience, Phoenix Way is ideally located within the block and a short distance to the University Hospital of Wales and the excellent local amenities.
The apartment is well presented and decorated to a good standard throughout.
Benefits include, gas central heating, electrical safety certificate, allocated parking space and a bright open plan layout enhanced by a bay window and excellent natural light.
Furthermore, French doors from the second bedroom open directly onto the communal gardens, creating a seamless connection to outside space rarely found in apartments of this style.
The property is an ideal home for first time buyers, downsizers or investors alike. Viewings are recommended to appreciate this excellent opportunity.
Communal Entrance - Secure communal entrance leading to the ground floor apartment.
Entrance Hall - An ‘L’ shaped hallway with side aspect window, double storage cupboard, radiator and entry phone system providing access to all rooms.
Open Plan Lounge/Kitchen/Diner - 5.21m x 6.11m (17'1" x 20'0") - A generous open plan living space designed for modern living, featuring a bay window and additional rear aspect windows allowing excellent natural light.
Laminate flooring runs throughout the living area and offers ample space for sofas and dining table and chairs.
Open plan to; Kitchen - 2.49m x 2.97m (8'2" x 9'8") - The kitchen is fitted with a range of wall and base units with work surfaces over, stainless steel sink with mixer tap, integrated washer/dryer, integrated oven, four ring gas hob with stainless steel splashback and extractor hood, space for fridge/freezer and concealed gas combination boiler Bedroom One - 3.20m x 2.95m (10'5" x 9'8") - A well proportioned double bedroom with built-in double wardrobe, laminate flooring, radiator.
Bedroom Two - 2.84m x 2.57m (9'3" x 8'5") - A double bedroom with laminate flooring, built-in wardrobe and french doors opening directly onto the communal gardens.
Bathroom - 2.46m x 1.83m (8'0" x 6'0") - A modern suite comprising WC, wash hand basin and ‘p’ shaped bath with plumbed shower and glass screen, half tiled walls, radiator, extractor fan and shaver point.
Outside - Well maintained communal gardens and an allocated parking space with additional visitor parking.
Tenure - LEASEHOLD Terms of Lease 125 years from 2006 104 years remaining Service Charge £2,400 p.a. Ground Rent £175 p.a. Council Tax - Band D
Value & comps
No previous sales on record.
Returns
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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.
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