We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · CF10 5AS
Listing removedListed 638 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Elegant Living in a Grade II Listed Landmark... Step into this distinguished Grade II listed building, perfectly positioned at the heart of Cardiff Bay.
Just moments from the vibrant Mermaid Quay, where a world of international cuisine, lively bars, and charming coffee shops awaits, this exclusive collection of just 15 apartments offers a unique blend of heritage and contemporary living.
With Cardiff Bay train station nearby, access to the city centre is quick and convenient.
A Residence of Unrivalled Character; Occupying a prime corner position within this prestigious development, Apartment Three offers an exceptional living experience.
Overlooking the iconic Roald Dahl Plass and the striking Wales Millennium Centre through its array of elegant sash windows, this home is a true standout.
Upon entering, you are greeted by an inviting entrance hall adorned with engineered oak flooring in a classic herringbone pattern, complemented by beautifully panelled walls.
The sense of grandeur continues into the open-plan kitchen, lounge, and dining area, where exquisite wood flooring, intricate wall panelling, and large sash windows maintain the enchanting character of this Victorian bathstone building.
A bespoke media wall serves as the room's focal point, blending modern design with timeless charm.
A Kitchen Designed for Culinary Excellence; The kitchen has been meticulously crafted to offer both style and function.
Featuring luxurious polished Quartz work surfaces, a charcoal Shaker-style kitchen, and a statement electric Range Master cooker, it is designed for both everyday living and entertaining.
Integrated Neff appliances provide seamless convenience, while a Quartz-finished island doubles as a substantial breakfast bar.
Serene Bedrooms, Luxurious Comfort; The master bedroom is generously proportioned, complete with fitted wardrobes, additional storage, and a premium wool mix carpet by Kersaint Kobb.
A beautifully appointed en-suite bathroom, designed by London's CP Hart, features bespoke Mandarin Stone tiling, an illuminated feature wall, and built-in LED lighting.
The elegant bath, overhead shower, vanity wash basin, and concealed cistern W/C are complemented by underfloor heating and illuminated mirrored cabinets.
The second bedroom is equally impressive, boasting an executive layout, detailed wall panelling, and a sash window overlooking James Street.
A wool mix carpet by Kersaint Kobb enhances the room's warmth and comfort. A Masterfully Designed Bathroom; The main bathroom, also designed by CP Hart, is a sanctuary of relaxation.
Showcasing exquisite Mandarin Stone tiling, built-in LED feature lighting, and a spacious walk-in shower with wall-mounted valves, both fixed and detachable showerheads, this bathroom offers pure indulgence.
A stylish vanity wash basin, concealed cistern W/C, illuminated mirrored cabinet, and underfloor heating complete this luxurious retreat.
Modern Convenience Meets Historic Elegance, t his exceptional apartment also benefits from: Allocated on-site parking Extensive built-in storage Bespoke two-spot ceiling light fittings Pre-wired Virgin Media, BT, Sky, and Freeview points in all bedrooms and the lounge A mechanical ventilation heat recovery system Video intercom with remote access Centrally controlled heating, operable via smartphone app for remote use Arrange Your Viewing Today; Experience the perfect blend of heritage and contemporary living.
Site viewings are now available—contact us today to arrange yours.
We are advised by the vendor that provisions of electricity, water and sewerage are connected to a mains supply, and no materials used in construction may impact a buyer's enjoyment, mortgage availability, or insurance availability, and there are no issues or restrictions on mobile signal/coverage.
Tenure We are advised that the property is leasehold with a new 125-year lease granted in 2020. We are advised that there is an annual service charge of £3144 and an annual ground rent of £150.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Bute Street, Cardiff Bay
Explore nearby