Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · CF10 4NS
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-presented third floor two bedroom apartment in an enviable Waterfront location on the outskirts of this popular gated development in the heart of Cardiff Bay within commuting distance to Cardiff City Centre.
Spacious and well planned accommodation with a high quality fishing, comprising: Entrance hall, good size sitting/ dining room with French doors to an amazing balcony where you can literally watch the boats go by, separate fitted kitchen with plenty of storage, main bathroom and shower room en-suite.
The outside benefits from an allocated parking space along with additional visitor parking and lovely landscape communal gardens. Further benefits include a concierge service and lift access.
High fibre high speed broadband fitted. Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 90 days of the draft contract for sale being received by the buyers solicitor.
This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee.
This being 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property.
The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding.
A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £495 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you.
Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Agent Note: Please note that an aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Agent Note: Please note that an aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. Hallway Hardwood front door with security eye. Quality wood flooring.
Video entry door system. Wall mounted radiator. Two ceiling lights. Power points. Two storage cupboards, one housing the water tank which is serviced every September. Access to all rooms.
Living/Dining Area Light and airy living/dinning area. Quality wood flooring with upvc double glazed french doors leading the south facing balcony. Ceiling spot lights.
One wall mounted radiator operated by remote phone app. Power points. TV aerial sockets. Door access to the kitchen. Balcony Outside balcony with water views ideal for Alfresco dining.
Separate Kitchen The kitchen offers matching wall and base units with worktop surface over. Tiled flooring. Ceiling spot lights. Integrated dishwasher. Stand alone washing machine and fridge/freezer.
Four ring electric hob with stainless steel extractor fan over. Electric oven under. Stainless steel sink with drainer and mixer tap. Tiled splash backs. Power points.
Main Bedroom Good sized double bedroom. Double glazed window. Carpeted. Two built in wardrobes. Ceiling light. TV and power points. Wall mounted radiator operated by a remote phone app.
Door access to ensuite bathroom. Ensuite Bedroom Tiled flooring. Partly tiled walls. Ceiling light. Walk in double shower with retractable glass screen. Low level W/C.
Pedestal wash hand basin with taps. Vanity mirror. Shaver point. Wall mounted electric heater. Ceiling spot lights. Bedroom 2 Carpeted. Double glazed window. Space for a wardrobe. Power points.
Wall mounted radiator operated by a remote phone app. Ceiling light. Bathroom The bathroom consists of a panelled bath with power shower over. Low level W/C. Pedestal wash hand basin. Shaver point.
Vanity mirror. Ceiling light. Ceiling extractor fan. Wall mounted radiator.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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
Agent & docs
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FAQ
About Adventurers Quay, Cardiff Bay
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