2-bedroom flat · CF10 2FF
For saleReduced £10k (−5.9%) on 30 SepListed 631 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Larger style apartment in the sought after Altolusso complex, at the heart of the City centre. Two double bedrooms, ensuite and parking!
This 4th floor apartment in the very popular Altolusso complex, which is situated in the heart of the City Centre a stone's throw from restaurants and cafes, across the road you'll find the amazing St David's 2 shopping centre and John Lewis, a few minutes walk to the mainline train stations and bus stops galore!
The apartment is approached from the 24 hour concierge/reception hall with main entrance on Bute terrace.
Internally the apartment has a private hallway, the larger style, spacious open plan lounge/diner, a modern fitted kitchen with built-in appliances, the two double bedrooms, an en-suite shower room and the main bathroom.
The apartment also benefits from allocated parking accessed via electric gates and also has use of large lockable storage area.
We have been advised by our vendor of the below charges: Service charges £4,500 per annum Ground rent £150 per annum 105 Years remaining on the lease Anti Money Laundering Regulations We are required by law to conduct anti-money laundering checks on all those selling or buying a property as prescribed by the Money Laundering Regulations 2017.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Coadjute who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £54 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Coadjute, and is non-refundable.
We will receive some of the fee taken by Coadjute to compensate for its role in the provision of these checks. EPC rating: B.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
Agent & docs
FAQ
About 39 Altolusso, Bute Terrace, Cardiff
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