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See how verdicts work2-bedroom flat · CF10 5FY
For saleListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**MGY** are presenting a spacious and inviting two-bedroom flat, perfectly positioned on the second floor and offering an ideal opportunity for first-time buyers or anyone seeking a modern city lifestyle.
The apartment boasts two generously sized double bedrooms, providing ample space for relaxation or working from home, while the open-plan living and dining area is flooded with natural light, creating a warm and welcoming atmosphere.
The contemporary kitchen comes complete with quality fittings and plenty of storage, making it a pleasure to prepare meals or entertain friends.
With its stylish bathroom and thoughtful layout, this flat combines comfort and practicality in equal measure.
Enjoy the added convenience of an allocated parking space and benefit from being within easy walking distance of the vibrant city centre and the popular Mermaid Quay, where you’ll find a fantastic selection of shops, restaurants, and entertainment options.
This property is offered on a leasehold basis, with electric radiators, and falls under Council Tax Band D. Don’t miss your chance to secure this fantastic home in a sought-after location.
EPC Rating: C ENTRANCE HALL Entered via wooden door with security spyhole. Large double glazed uPVC window to rear aspect. Ample natural daylight. Carpeted flooring.
New video entry intercom system. Storage cupboard housing hot water tank and with storage space. Electric radiator. BATHROOM Obscure double glazed uPVC window to rear.
Part tiled walls and tiled flooring. Tiled bath with shower over and glass shower screen. Vanity enclosed wash hand basin. W.C. MASTER BEDROOM Double glazed uPVC window to front aspect.
Carpeted flooring. Electric heater. TV and Telephone point. Door to; EN-SUITE Modern en-suite. Part tiled walls. Shower cubicle. Pedestal wash hand basin. W.C. Heated towel rail. Extractor fan.
BEDROOM TWO Double glazed uPVC doors to front aspect leading on to Juliet balcony. Double bedroom. Carpeted flooring. Electric heater. TV and Telephone point.
KITCHEN Double glazed uPVC window to rear aspect. Modern fitted kitchen. Laminate wood effect flooring.
Base and wall units with round edgework surfaces and incorporating stainless steel sink unit with mixer tap. Built in oven and microwave, four ring electric hob and extractor over.
Space for fridge/freezer and washing machine. Ample storage LIVING/DINER Spacious living area. One large double glazed uPVC windows to front aspect and doors leading to Juliet balcony.
Carpeted flooring. TV and telephone point. Two electric radiators. TENURE MGY are advised that the property is leasehold, with a term of 125 years from 2002.
Service charges of £3700 per annum, which includes water rates, building insurance, secure gated fob access, video entry intercom system, maintenance of internal and external communal areas, bike storage, regular cleaning and refuse disposal and an allocated parking space.
Ground rent £180 per annum. PARKING Secure gated access to one allocated parking space.
AML Please note: A non-refundable administration fee of £30 including VAT is payable per buyer to carry out the required AML verification checks once an offer has been accepted.
The sale cannot proceed until these checks have been satisfactorily completed. This is on acceptance of offer only. Details can be found on our website.
Disclaimer Important Notice: These particulars are prepared for guidance only and do not form whole or any part of any offer or contract.
Whilst the particulars are given in good faith, they are not to be relied upon as being a statement or representation of fact.
They are made without responsibility on the part of MGY Ltd or Vendor/lessor and the prospective purchaser/lessee should satisfy themselves by inspection or otherwise as to their accuracy.
Neither MGY Ltd nor anyone in their employ, or the vendor/lessor, imply, make or give any representation/warranty whatsoever in relation to this property.
The services of our recommended mortgage brokers and solicitors may be beneficial.
While a referral fee may be received if they are chosen, there is no obligation to use their services, and an alternative mortgage provider/solicitor can be chosen.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Carlotta Way, Cardiff, CF10
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