1-bedroom flat · CF23 9FG
To rentListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious one bed second floor apartment, in a development of only 11 apartments, located at the end of Melrose Avenue, short walk to shops and bus stops, accessible to A48/M4 links.
Telephone intercom entry, lounge open plan fitted kitchen with integrated oven and hob, 1 bedroom, shower room. Gas central heating. uPVC double glazing. Allocated car space. (UNFURNISHED).
EPC Rating B. Council Tax Band C. Available from the 19 October 2026 .
Further details can be provided by a member of staff upon request Spacious one bed second floor apartment, in a development of only 11 apartments, located at the end of Melrose Avenue, short walk to shops and bus stops, accessible to A48/M4 links.
Telephone intercom entry, lounge open plan fitted kitchen with integrated oven and hob, 1 bedroom, shower room. Gas central heating. uPVC double glazing. Allocated car space. (UNFURNISHED).
EPC Rating B. Council Tax Band C. Available from the 19 October 2026 . Further details can be provided by a member of staff upon request Viewing strictly by prior appointment.
All statements contained in the particulars are not to be relied on as representations of fact. All representations contained in the particulars are based on details supplied by the Vendor.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let licence or registration needed
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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 Melrose Avenue, Penylan, Cardiff, CF23
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