2-bedroom flat · CF10 4ET
For saleListed 543 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
+++ Guide Price £240,000 - £250,000 +++ Situated within the recently developed Cardiff Bay area, this impeccably presented waterside apartment enjoys an ideal location just a short walk away from the excellent amenities of Mermaid Quay.
Additionally, it offers quick and convenient access to Cardiff City Centre. Nestled in the sought-after Schooner Wharf development is this beautifully maintained first-floor corner apartment .
As you enter the property, you're greeted by an inviting entrance hall featuring built-in storage and airing cupboards.
The apartment boasts a bright and spacious open-plan kitchen, living, and dining area that overlooks the water allowing for a delightful view of the Bute East Dock waterplane.
The kitchen is equipped with a range of base and eye-level units, along with integrated appliances like an electric oven, electric hob, extractor, and fridge freezer.
You'll find two generously sized double bedrooms, including a stunning Master Bedroom with its own chic ensuite shower room. The main bathroom is complete with a shower over a panel bath.
Further benefits include an allocated parking space, video entry intercom, an air filtration system and sprinkler and smoke detection system as well as electric heating. Offered with No Onward Chain
Value & comps
No previous sales on record.
Returns
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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 Schooner Wharf, Cardiff Bay, Cardiff
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