1-bedroom house · CF5 3BP
Listing removedListed 219 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain, this well-presented first-floor retirement apartment in McLay Court is the most affordable currently available in the development and would suit anyone looking to downsize.
The property comprises a communal entrance leading into the entrance hall, a comfortable lounge/dining room with access to a fitted kitchen, a double bedroom with fitted wardrobes, and a shower room.
Residents of McLay Court benefit from a range of communal facilities including a residents’ lounge, well-kept gardens, laundry facilities, and off-street parking.
The development also provides the reassurance of an on-site house manager and a 24-hour emergency pull-cord system in every room.
Ideally positioned, McLay Court has a bus stop directly outside and is within easy walking distance of the local shops at Fairwater Green.
Communal Entrance - Entered via a communal entrance with stairs and lift to second floor flat. Entrance Hall - Entered via a fire door, storage cupboard with hot water boiler, security phone entry.
Lounge - Double glazed window to the front, coved ceiling, radiator, electric fire.
Kitchen - Double glazed window to the front, wall and base units, a four ring electric hob with oven, stainless steel sink and drainer.
Bedroom - Double glazed window to the front, coved ceiling, radiator, built in wardrobe.
Shower Room - Fitted with walk in shower, w.c and wash hand basin, coved ceiling, heated towel rail, tiled walls, laminate flooring. Communal Lounge - There is a communal lounge and guest room.
Lift to all floors. Housing manager on site. Safety pull cords. Tenure And Additional Information - We have been advised by the seller that the property is leasehold Lift to all floors.
Communal gardens. Housing manager on site. Safety pull cords. Term of lease is 125 years from 1999 , having approximately 100 years remaining Annual Ground Rent £646.22.
Service and Maintenance Charges £1366.61 per half year which includes the water rates.
Management Company Name and Address First Port Retirement Property Services Marlborough House Wigmore Place Wigmore Lane Luton LU2 9EX Disclaimer - Disclaimer: Property details are provided by the seller and not independently verified.
Buyers should seek their own legal and survey advice. Descriptions, measurements and images are for guidance only. Marketing prices are appraisals, not formal valuations.
Hern & Crabtree accepts no liability for inaccuracies or related decisions.
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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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 Mclay Court, St Fagans Road, Fairwater, Cardiff
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