2-bedroom flat · CF5 5AX
For saleListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** no chain *** Guide Price £119,950 to £129,950 - Mr Homes Offer for sale this excellent opportunity to move straight into a spacious 2-Bedroom, 1-Bathroom 2nd-Floor Flat in Lower Ely, this Leasehold Property boasts 955 years remaining and is available with No Ongoing Chain.
The Flat Features Two Double Bedrooms, a Generous Living Room, and a Well-Appointed Kitchen/Breakfast Room Perfect for everyday living.
Enjoy the convenience of a Garage, along with access to Communal Gardens.
Located close to local shops, amenities, and excellent transport links, this property combines comfort and practicality in a sought-after setting.
This Flat is an ideal home for first-time buyers or investors seeking a ready-to-move-in option. UPVC D/g Windows & Gas Central Heating Powered by an ideal Classic 24 kW Combi-Boiler.
Early viewing is highly recommended - please call free mortgage advice available - Mobile Signal Tenure: Leasehold Lease Start Date - 03 Jun 1982 Lease End Date - 29 Sep 2981 Lease Term - 1000 years from 29 September 1981 Lease Term Remaining - 955 years Local Authority: Cardiff - Council Tax - Band: B Annual Price: £1,566 Conservation Area: - No Mobile coverage: - EE - Vodafone -Three - O2 Broadband: Basic: - 14 Mbps - Superfast - 80 Mbps - Ultrafast - 1800 Mbps Satellite / Fibre TV Availability: - BT - Sky - Virgin Entrance Hallway 7' 2" x 6' 3" (2.18m x 1.91m) Kitchen 8' 1" x 12' 0" (2.46m x 3.66m) Lounge 14' 4" x 11' 10" (4.37m x 3.61m) Bathroom 7' 3" x 5' 10" (2.21m x 1.78m) Bedroom 1 11' 3" x 11' 9" (3.43m x 3.58m) Bedroom 2 10' 8" x 11' 11" (3.25m x 3.63m) Storage Cupboard 2' 6" x 2' 8" (0.76m x 0.81m) Storage Cupboard 2 4' 2" x 2' 8" (1.27m x 0.81m) Garage In Row Of Garages 15' 10" x 7' 8" (4.83m x 2.34m)
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About Oundle Court, Colin Way, Cardiff
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