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See how verdicts work2-bedroom flat · CF64 3LA
Sold STCReduced £15k (−6.5%) on 21 JunListed 193 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom purpose built rear facing apartment overlooking Alexandra Park. The property is situated in a popular development close to the Esplanade and Pier.
Comprises hallway with store cupboard and airing cupboard, lounge/dining room, fitted kitchen, two bedrooms with fitted wardrobes, en-suite shower room and bathroom.
Gated secure parking with allocated parking space to rear, use of gymnasium and sauna, lift to all floors. Electric heating, carpets, recently decorated. Share of freehold with 999 year lease.
No forward chain. Electric sliding outer door leading to communal hallway, access to gymnasium, sauna, lift to all floors. Front door to hallway.
Hallway Carpet, storage cupboard with rail and shelving, airing cupboard with hot water tank and shelving, electric radiator, loft hatch, intercom. Panelled door to all rooms.
Lounge/Dining Room (3.26m x 5.64m (into bay) (10'8" x 18'6" (into bay)) UPVC double glazed bay window to rear. New carpet, electric fire (not tested), coving, electric radiator.
Double doors to kitchen. Kitchen (1.62m x 3.08m (5'3" x 10'1")) UPVC double glazed window to rear.
White fitted kitchen comprising base and wall units with under counter lighting, worktops, stainless steel sink and drainer with mixer.
Built-in electric oven and hob, space and plumbing for washing machine, space for fridge/freezer, vinyl flooring, tiled splashback, electric wall heater.
Bedroom 1 (3.48m x 3.19m (11'5" x 10'5")) UPVC double glazed window to rear. Two built-in wardrobes either side of the bed, overhead storage, chest of drawers, new carpet, electric radiator, coving.
Door to en-suite shower room.
En-Suite Shower Room (1.34m x 1.59m (4'4" x 5'2")) Large walk-in shower enclosure with electric shower fitting, wash basin with storage beneath and mirror over, twin flush wc.
Large wall mounted mirror fronted storage cabinet, extractor, vinyl flooring. Bedroom 2 (2.25m x 3.08m (plus fitted wardrobes) (7'4" x 10'1) UPVC double glazed window to rear.
Mirror fronted built-in wardrobe, electric radiator, carpet, coving.
Bathroom (2.29m x 1.68m (7'6" x 5'6")) Three piece suite in white comprising panelled bath, wash basin and wc with built-in storage and concealed plumbing. Fully tiled walls, mirror, vinyl flooring.
Outside Gated secure parking with allocated parking space, access to car park, post boxes and refuse store. Share Of Freehold Lease 999 years from 1990. Maintenance/Service Charge £2,280 p.a.
Additional Information Use of gymnasium, sauna, lift to all floors. Council Tax Band D £2,261.18 p.a. (26/27) Post Code CF64 3LA
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
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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 53 Alexandra Court, The Esplanade, Penarth
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