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See how verdicts work2-bedroom flat · CF64 3AB
For saleListed 423 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A top floor apartment in the original part of this impressively converted Victorian house, with a lovely open plan kitchen / dining / living space and excellent sea views.
Located just a short walk from Penarth town centre, the Esplanade and Alexandra Park.
The living accommodation comprises an entrance hall with built-in cupboard and a utility room, the open plan living space, two double bedrooms and two bathrooms.
Each apartment in the development has one parking space in the gated parking area and there is a well-proportioned communal garden. EPC: C.
Accommodation The entrance hall has an attractive herringbone oak floor, central heating radiator, a built-in cupboard and a utility room with plumbing for a washing machine, power points and a sink as well as the electrical consumer units and data point.
The herringbone oak floor continues through into the main living space which has an aluminium double glazed bay window to the rear overlooking the Bristol Channel and communal gardens as well as a vaulted ceiling with exposed roof beams.
The fitted kitchen comprises overhead storage, a tall cupboard, base cabinets and a central island with marble work surfaces and shaker style cabinet doors.
Integrated Neff appliances such as a fridge freezer, oven, four zone induction hob, microwave, extractor hood, wine cooler and dishwasher.
The main bedroom has an aluminium double glazed window to the front and the en-suite shower room has a large walk-shower cubicle, WC and a sink with storage below.
There is a second bedroom, again with aluminium double glazed windows to the rear with impressive views.
The main bathroom that has a bath with twin head mixer shower and glass screen, a WC and a sink with storage below.
Living / Dining / Kitchen (20' 4'' into bay x 21' 5'' (6.19m into bay x 6.52m)) Bedroom 1 (17' 9'' max x 17' 1'' max (5.41m max x 5.2m max)) En-Suite (9' 7'' x 6' 0'' (2.91m x 1.82m)) Bedroom 2 (11' 10'' x 11' 0'' (3.61m x 3.35m)) Bathroom (10' 4'' x 7' 1'' (3.14m x 2.17m)) Utility Room (3' 10'' x 10' 9'' (1.16m x 3.27m)) Outside The property has access to the communal gardens, that have a gate to Windsor Gardens behind, and views of the Bristol Channel.
There is also one allocated parking space within the gated parking area.
Additional Information Tenure The property is leasehold (WA154208), with a term of of 125 years from 2025 (125 years remaining).
There will also be a share of the freehold, passed over from the current freeholder once all apartments have sold.
Council Tax Band The Council Tax band for this property is D, which equates to a charge of £2124.01 for 2025/26. Ground Rent We have been informed that there will be a peppercorn ground rent.
Service Charge We have been informed that the initial service charge will be no more than £3000 per annum. Approximate Gross Internal Area 1030 sq ft / 95.7 sq m.
Utilities The property is connected to mains gas, electricity, water and sewerage services and has gas central heating.
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
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FAQ
About Apartment 8, Ashdene Manor, 10, Bridgeman Road, Penarth
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