2-bedroom flat · CF11 8GB
For saleListed 5 days
Opportunity summary
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About
*CHAIN FREE, SECOND FLOOR TWO BEDROOM APARTMENT WITH ALLOCATED PARKING* MGY are delighted to bring to market this beautifully presented, two double bedroom, second floor apartment situated within the popular development of 'The Mill' in Canton.
The accommodation briefly comprises entrance hallway, open plan lounge/kitchen, two double bedrooms - master en-suite shower room, and modern bathroom.
The property further benefits from having one allocated parking space, South facing balcony, gas central heating and double glazing throughout.
Viewing highly recommended EPC Rating: B HALLWAY Entered via front door leading from communal hallway. LVT (luxury vinyl tile) flooring. Spotlights. Radiator. Wall mounted intercom system.
Doors to all rooms. Storage cupboard.
LOUNGE/KITCHEN 4.62m x 5.88m A pleasant open-plan kitchen/lounge/diner with modern fitted kitchen to include a range of wall, base and drawer units with worktops over incorporating stainless steel 1.5 stainless steel sink and drainer with mixer tap over.
Four ring electric hob with extractor hood over. Integrated appliances such as fridge/freezer, washing machine/dryer, dishwasher and electric oven. Spotlights and pendant light fittings. LVT flooring.
Double glazed uPVC window to side and French doors with balcony to rear overlooking the communal gardens. Two radiators. BEDROOM ONE 3.08m x 3.39m Double glazed uPVC window to side.
Double bedroom with carpeted flooring. Radiator. Pendant light fitting. Door to ensuite shower room.
ENSUITE 1.52m x 2.32m Modern ensuite with fitted shower cubicle and mains powered shower over and tiled splashback. Low level WC.
Wall mounted wash hand basin with mixer tap over and tiled splashback. Vinyl flooring. Spotlights. Heated towel rail. Extractor fan.
BEDROOM TWO 2.68m x 3.32m Double glazed uPVC window to side. Double bedroom with carpeted flooring. Fitted storage cupboard housing gas central heating boiler. Radiator.
Pendant light fitting.
BATHROOM 1.79m x 2.58m White three-piece-suite comprising WC, wash hand basin with mixer tap over and tiled splashback, panelled bath with mains powered rainfall shower above and separate showerhead fixture.
Low level WC. Spotlights. Heated towel rail. Extractor fan. Vinyl flooring. TENURE MGY have been advised that the property is LEASEHOLD. The lease is 125 years from 2020.
There is a service charge of approx. £1450 per annum which includes maintenance of internal and external communal areas. There is a ground rent of approx. £150 per annum.
ADDITIONAL INFORMATION 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.
Balcony Private South facing balcony with lovely views of the gardens, river Ely and the Ely Trail. Parking - Allocated parking Allocated undercroft parking space.
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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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.
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About Rhodri Morgan Way, Canton, CF11
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