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See how verdicts work2-bedroom flat · CF64 1TE
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*Unique Penthouse Apartment with incredible views over Penarth, Cardiff Bay and City, Marina and the Channel* A truly unique penthouse apartment in the popular and highly desirable Horizon building in Penarth offering an incredible living space with arguably the best views over Penarth, Cardiff City and Bay, The Marina and the Channel finished to an immaculate standard throughout.
The apartment has a gated and private allocated parking space with a fob entry to the building and lift access to the top floor of the building, which is shared with only one other apartment on the floor.
The apartment opens to a grand hallway with access to the living room / kitchen and dining room, bedrooms one and two, WC and integrated storage cupboard.
The kitchen / living / dining room offers breathtaking views with dual aspect floor to ceiling windows, glazed doors onto the balcony and further windows from the kitchen area.
The kitchen has a range of wall and base units with integrated appliances plus a large kitchen island.
Both bedrooms are are large double bedrooms with fantastic views and boasting en-suites to both bedrooms.
Bedroom one has an en suite bathroom with both a shower and a bath and also boasts a good size dressing room with integrated storage.
The large balcony compliments the apartment and is accessed from both the kitchen / dining / living room and from Bedroom One.
Ample space for table and chairs to enjoy spectacular views and enjoying sunrise and sunsets. This beautiful apartment is offered for sale with no onward chain.
Viewing is recommended to truly appreciate this incredible property.
Council Tax Band: BAND F Tenure: Leasehold (125 years) Ground Rent: £350 per year Service Charge: £4,800 per year - 125 Year lease from 2016 - Service Charge of £4800 per annum (includes building insurance, secure intercom and fob operating system, gated access and private allocated parking, visitor parking, lift maintenance, cleaning internally and externally and external bike storage.
- Ground Rent of £350 per annum Entrance The Horizon is located in the popular Penarth Heights development with gated entrance to the car park and fob and intercom entry to the communal entrance.
The apartment is on the top floor with only one other apartment accessed via the lift with wooden front door opening into the apartment.
Hallway 5.8m x 1.9m The front door opens to a grand hallway with access to kitchen / living / dining room, bedrooms one and bedroom two and separate WC.
There is also access to large integrated storage cupboard which contains plumbing for a washing machine.
Kitchen / Living / Dining Room 7.4m x 5.6m An incredible main feature of the house is this large and open plan kitchen / living / dining room with dual aspect floor to ceiling windows and views across Penarth, Penarth marina, the Channel and Cardiff City centre in elevated position of Penarth.
The modern kitchen boasts a range of wall and base kitchen units and has an extensive range integrated appliances. There is a large island unit with space for stools beneath.
The living room and dining space boast ample space with breathtaking views from all angles of the room. Sliding glazed doors open out onto the large balcony.
Balcony 6.7m x 1.8m A large balcony accessed from the kitchen / living / dining room and also from bedroom one.
Breathtaking views over Penarth, Penarth Marina, the Channel and Cardiff Centre and ample space for a table and chairs to enjoy the panoramic views.
Views of the Severn Bridge are visible on a clear day and at night Cardiff's lit up landscape provides a dramatic backdrop from every room.
Bedroom 1 4.7m x 3.1m Bedroom one is a spacious double bedroom to the centre of the apartment and accessed from the hallway.
Bedroom one boasts glazed doors out onto the balcony with breathtaking views. Access through to a large walk-in dressing room and en-suite bathroom.
En-Suite to Bedroom One 2.5m x 1.9m The en-suite to bedroom one boasts a separate bath, shower, WC and wash hand basin with contemporary design and finish with window with obscure glazing.
Dressing Room to Bedroom One 2.2m x 2.1m Open access from bedroom one through to a large walk-in dressing room with ample fitted storage.
Bedroom 2 4.7m x 3.0m Bedroom two is a second double bedroom and boasts dual aspect windows with incredible views. There is access through to a second en-suite to bedroom two.
En-Suite to Bedroom Two 2.9m x 2.4m En-suite to bedroom two boasts a large walk-in shower with glass screen, WC and wash hand basin.
Window with obscure glazing to the side of the room. WC 2.1m x 1.6m Separate WC accessed from the hallway comprising of WC and wash hand basin.
Parking Private parking accessed with gated entrance and a private under croft parking space to the apartment.
Value & comps
No previous sales on record.
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 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
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FAQ
About The Horizon, Trem Elai, Penarth
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