2-bedroom flat · CF64 1SE
Listing removedListed 403 days
Opportunity summary
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About
Situated on the ground floor within this waterfront building is this spacious apartment. Lounge, kitchen and second bedroom overlooking the Yachts moored in the main basin.
For sale with no on-going chain and beautifully presented.
Extensively modernised to include a totally revamped kitchen, newly fitted stunning bathroom, newly installed heating system (boiler 2023 - 5 year warrantee) with new radiators, new lighting, new quality interior doors, newly fitted carpets plus complete redecoration throughout.
Briefly comprising a communal entrance, hall, spacious lounge - unique feature curved corner with windows overlooking the water, kitchen, 2 generous double bedrooms plus bathroom - shower.
Complimented with upvc double glazing, intercom entry and gas central heating. With an allocated parking space plus visitor parking.
A short walk to the Barrage plus within the Marina - fine dining plus cafe's. Viewing highly recommended. Communal Entrance - Intercom entry leading to all apartments.
Hall - Access to all rooms, intercom entry phone, generous cloaks cupboard.
Lounge - 4.45m x 4.39m (14'7" x 14'5") - Spacious living room with curved feature corner including 3 windows directly overlooking the Yachts moored in the main basin, TV point, telephone point.
Kitchen - 3.66m x 2.06m (12' x 6'9") - Extensively fitted wall and base units with laminate worktop and inset stainless steel one & half bowl sink and drainer with mixer tap, built in double oven, hob & hood, space for fridge/freezer plus plumbed for washing machine, window to front overlooking the water, concealed gas combination boiler - fitted 2023 - 5 year warrantee).
Bedroom 1 - 4.09m x 2.92m (13'5" x 9'7") - Large double bedroom, feature arched window to side.
Bedroom 2 - 3.76m x 2.34m (12'4" x 7'8") - Double bedroom, 2 windows to the front overlooking the water & yachts.
Bathroom - Stylishly appointed refitted contemporary white suite comprising a panel bath - shower over & glass screen, vanity wash hand basin and close coupled wc - concealed cistern, tiled walls by Porcelanosa and tiled floor, extractor fan, heated chrome towel rail, wall mounted mirror with light & bluetooth, shaver point.
Grounds - Allocated parking space plus visitor spaces, well tended established shrub borders.
Information - We believe the property to be leasehold with a 125 year lease from 1st June 1997 therefore with 98 years remaining.
The service charge is £1,285 annually and Ground Rent £129.00 annually. Council Banding - Band E £2,596.01 (2025-2026)
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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