2-bedroom flat · CF10 4AR
For saleListed 143 days
Opportunity summary
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About
**IDEAL INVESTMENT OR FIRST TIME PURCHASE* NO CHAIN** MGY are pleased to present for sale, a modernised two bedroom, ground floor apartment situated within the popular location of Lloyd George Avenue.
Walking distance to the City Centre and Cardiff Bay. The spacious accommodation comprises of spacious entrance hall to living/dining room, separate kitchen, two bedrooms and bathroom.
The property further benefits from dual aspect double glazing throughout, security entry intercom system, bike storage, barrier access to an allocated parking space and visitor parking. No chain.
Viewing highly recommended. EPC Rating: C ENTRANCE HALL Entered via wooden door with security spy hole. Tiled flooring. Wall mounted security entry intercom system.
Wall mounted electric panel heater. Two storage cupboards, one housing hot water tank. Doors leading to living room, bedrooms and shower room.
LIVING ROOM 3.4m x 5.43m Double glazed uPVC windows to front and side aspect. Ample natural daylight. Tiled flooring. Two wall mounted electric panel heaters. TV Aerial point.
Telephone point. Door leading to kitchen. KITCHEN 2.03m x 4.04m Modernised kitchen. Double glazed uPVC windows to side aspect. Tiled flooring. Part tiled walls.
Base and wall units with work surface incorporating composite sink. Built in oven and four ring electric hob with stainless steel extractor hood over. Integrated wine cooler.
Space for fridge freezer and washing machine. Breakfast bar with space for two breakfast stools. MASTER BEDROOM 2.84m x 3.21m Double glazed uPVC windows to front aspect.
Tiled flooring. Wall mounted electric panel heater. TV Aerial point. Telephone point. BEDROOM TWO 2.23m x 3.97m Double glazed uPVC windows to front aspect. Tiled flooring.
Wall mounted electric panel heater. TV Aerial point. SHOWER ROOM 2.03m x 2.09m Modernised shower room. Tiled flooring. Fully tiled walls. Double shower cubicle.
Vanity enclosed wash hand basin. enclosed wash hand basin with wall mounted mirror over. W.C. Heated towel rail. Heater. Shaver point. Extractor fan.
PARKING An allocated parking space and visitor parking. TENURE MGY are advised that the property is leasehold, with a term of 999 years from 2003. Low service charges of approx.
£1900 per annum, which includes water rates, building insurance, security entry intercom system, CCTV, maintenance of internal and external communal areas, regular cleaning and refuse disposal, bike storage, barrier access to an allocated parking space, visitor parking and parking management.
Ground rent £50 per annum.
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
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 advisors before making any investment decisions.
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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.
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FAQ
About Vellacott Close, Cardiff, CF10
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