Studio flat · CF24 0LD
Let agreedListed 49 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Furnished Ground Floor Studio with Shared Rear Garden - Available End of September/Early October** **WATER & WIFI INCUDED** **SUITABLE FOR A SINGLE OCCUPIER** Ground floor studio flat on the edge of the City centre.
Close to the shops on Clifton Street the property would be ideal for a professional requiring easy access to Central Cardiff. Offered on a furnished basis.
Open plan living with modern fitted kitchen and shower room. Further benefiting from having a shared rear garden, electric heating and double glazing.
Suitable for a single occupant only Council tax band B. Prospective applicants will be required to pay a 1 weeks holding deposit of £170.00.
This is contributed to the first months rent once referencing is completed, when the remaining balance will be due along with a security deposit of £840 which is secured with the DPS.
Open Plan Living 6.07m (19'11) x 3.49m (11'5) Offered furnished with bed and mattress, chest of drawers, bedside table, small table and chair, open planning living, carpet, electric heater, Upvc window Kitchen Modern fitted wall and base units with black mottled vynal work top, tiled splash back, electric hob/oven, extractor fan, washing machine and fridge, Upvc window, tiled flooring Shower Room Modern suite comprising of an electric shower cubicle with glass screen, basin and toilet, tiled walls to toilet, shower and basin area, extractor fan, electric heater, mirror, tiled flooring Rear Garden Rear court yard area with mature shrubs, shared with Flat 1 and fire escape access Parking Parking with resident permit
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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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About 21 Piercefield Place, Cardiff
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