2-bedroom flat · CF5 5AY
Listing removedListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** no chain *** Guide Price £120,000 to £130,000 - Mr Homes Offer for sale this excellent opportunity to move straight into a spacious 2-bedroom, 1-bathroom first floor flat in Lower Ely, this leasehold property boasts 955 years remaining and is available with no 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, positioned as the first in a row of six, 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.
#Annual Service Charge: (Estate Service Charge = £299.00 Per Year) - (Block Service Charge = £696.00 Per Year) (Ground Rent = £25.00 Per Year) Total = £1020.00 Per Year (£85.00 Per Month) 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 Annual Service Charge: (Estate Service Charge = £299.00 Per Year) - (Block Service Charge = £696.00 Per Year) (Ground Rent = £25.00 Per Year) Total = £1020.00 Per Year (£85.00 Per Month) Local Authority - Cardiff Council Tax - Band: B - Annual Price: £1,566 Conservation Area - No Flood Risk - River : Very low - Seas : Very low Mobile coverage - EE - Vodafone - Three - O2 Broadband - Basic - 12 Mbps - Superfast - 80 Mbps - Ultrafast - 1800 Mbps Satellite / Fibre TV Availability - BT - Sky - Virgin Communal Entrance 1 Flight of Stairs to 1st Floor Landing Entrance Hallway 7' 3" x 6' 1" (2.21m x 1.85m) Storage Cupboard 4' 4" x 2' 8" (1.32m x 0.81m) 2nd Storage Cupboard 2' 9" x 2' 5" (0.84m x 0.74m) Living Room 14' 4" x 12' 1" (4.37m x 3.68m) Kitchen/Breakfast Room 12' 0" x 8' 1" (3.66m x 2.46m) Bedroom 1 12' 8" x 11' 10" (3.86m x 3.61m) Bedroom 2 12' 0" x 9' 10" (3.66m x 3.00m) Bathroom Suite 7' 1" x 5' 10" (2.16m x 1.78m) Garage In Row Of 6 Garages (1st Garage Near to Barnard Avenue with White Up 'n' Over Door)
Value & comps
No previous sales on record.
Returns
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Short-let licence or registration needed
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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 Mill Hill Court, Barnard Avenue, Cardiff
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