2-bedroom flat · CF10 4EQ
For saleListed 3 days
Opportunity summary
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About
A spacious two-bedroom ground floor apartment on the popular Schooner Way, ideally positioned within walking distance of Cardiff City Centre in one direction and the vibrant Cardiff Bay in the other.
This conveniently located property is a fantastic opportunity for first-time buyers, investors or those looking to downsize.
Accessed via a communal entrance hall, the apartment has its own private entrance opening into a hallway, which leads to two bedrooms, a bathroom and a fantastic open-plan kitchen, dining and living space.
The living area benefits from plenty of natural light, with French doors opening to the outside, while the kitchen offers a range of fitted units, worktop space and room for appliances.
Both bedrooms are well proportioned, with the second offering flexibility as a guest bedroom or home office.
The apartment enjoys an excellent location, with a wealth of shops, cafés, restaurants and leisure facilities nearby, as well as convenient transport links around the city.
With its practical layout, generous living space and sought-after central location, this is a great opportunity to enjoy city living with everything Cardiff has to offer within easy reach.
Entrance - Entered via a communal entrance hall with stairs leading to the apartments. Private entrance door opening into: Hallway - Wood laminate flooring. Electric wall-mounted heater.
Telephone intercom entry system. Doors leading to all rooms.
Open Plan Kitchen/Diner And Living Room - A spacious and bright open-plan living area with two double-glazed windows to the side and double-glazed French doors opening to the outside.
Wooden laminate flooring. The kitchen is fitted with a range of base units with worktops over, incorporating a stainless steel one and half bowl sink and drainer with mixer tap.
Freestanding electric cooker with ceramic hob, space for fridge/freezer and space and plumbing for a washing machine. Extractor fan.
Tiled splashbacks, additional open shelving, spotlight fitting and tiled flooring to the kitchen area. Breakfast bar providing additional worktop space and separating the kitchen from the living area.
Two electric wall mounted heaters. Bedroom One - Two double-glazed windows to the front, electric heater, pendant light fitting, fitted carpet and feature painted wall.
Bedroom Two - Double-glazed window to the front, pendant light fitting and wood-effect flooring. Ideal for use as a second bedroom, study or home office.
Bathroom - Fitted with a three-piece suite comprising a panelled bath with electric shower over, pedestal wash hand basin and low-level W/C.
Tiled splashbacks and shower surround, wall-mounted mirrored vanity cupboard, extractor fan and lvt flooring.
Outside - Communal grounds surrounding the development, with established hedging and paved pathways. Parking - Allocated parking space. Tenure - Leasehold.
999 years from 1989 with 962 years remaining. £75 annual ground rent. £792 annual service & maintenance charges. Additional Information - Council Tax Band D (Cardiff). EPC rating C.
Disclaimer - Disclaimer: Property details are provided by the seller and not independently verified. Buyers should always seek their own legal and survey advice prior to exchange of contracts.
Descriptions, measurements and images are for guidance only.
Some images may have been digitally edited to remove personal items and reduce visual clutter, to help illustrate the space and layout more clearly.
Please note that rooms may appear differently in person. Marketing prices are appraisals, not formal valuations.
Lease information, including duration and costs have been provided by the seller and have not been verified by H&C.
Hern & Crabtree accepts no liability for inaccuracies or related decisions that may result in financial loss. We recommend you seek advice from your legal conveyancer to ensure accuracy.
Please note: Buyers are required to pay a non-refundable AML administration fee of £24 inc VAT, per buyer after their offer is accepted to proceed with the sale. Details can be found on our website.
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 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.
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FAQ
About Schooner Way, Cardiff Bay
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