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See how verdicts work2-bedroom flat · CF64 3AB
For saleListed 425 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A first floor apartment with an open plan kitchen / dining / living space and sea views.
Located in a recently redeveloped and extended Victorian house close to Penarth town centre, the Esplanade and Alexandra Park.
The living accommodation comprises an entrance hall with fitted storage, 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: B.
Accommodation The entrance hall has an attractively tiled floor, central heating radiator and two built-in cupboards, one being a utility cupboard with power points and plumbing for a washing machine as well as the electrical consumer units and data point.
The tiled floor continues through into the main living space which has an aluminium double glazed window to the rear as well as 4-pane bifold doors to the rear onto the terrace and with views over the communal garden and Channel.
The fitted kitchen comprises overhead storage, base cabinets and a central island with quartz work surfaces and integrated Neff appliances such as a fridge freezer, oven, four zone induction hob, microwave, extractor hood, wine cooler and dishwasher.
The main bedroom has a large aluminium double glazed window to the front and an en-suite shower room has a large shower cubicle, WC and a sink with storage below.
There is a second bedroom, and a 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 (16' 5'' x 21' 4'' (5m x 6.51m)) Bedroom 1 (13' 6'' x 15' 7'' max (4.12m x 4.74m max)) En-Suite (9' 9'' max x 7' 7'' (2.98m max x 2.32m)) Bedroom 2 (11' 4'' x 11' 4'' (3.46m x 3.45m)) Bathroom (6' 9'' x 11' 3'' (2.06m x 3.44m)) 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. 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 896 sq ft / 83.2 sq m.
Utilities The property is connected to mains gas, electricity, water and sewerage services and has gas central heating.
Council Tax Band The Council Tax band for this property is D, which equates to a charge of £2124.01 for 2025/26.
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 4, Ashdene Manor, 10, Bridgeman Road, Penarth
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