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See how verdicts work1-bedroom flat · CF10 4ET
For saleListed 198 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**IDEAL FIRST TIME PURCHASE* NO CHAIN** MGY are pleased to present for sale an immaculately presented one bedroom, sixth floor apartment, in the popular Schooner Wharf development.
Conveniently situated between Cardiff Bay and the City Centre.
The spacious accommodation comprises entrance hall, open plan living/ dining room with balcony, modern kitchen, double bedroom and bathroom. Ideal first time purchase or investment.
Street parking nearby. Viewing highly recommended.EWS1 form in place. No chain. EPC Rating: B ENTRANCE HALL Entered via wooden door, with security spy hole. Wood effect laminate flooring.
Wall mounted electric panel heater. Large storage cupboard, housing hot water tank. Wall mounted video entry intercom system. LOUNGE/KITCHEN/DINER 3.06m x 7.22m Spacious living area.
Large double glazed uPVC windows to front. Ample natural daylight. Wood effect laminate flooring. Wall mounted electric panel heater. TV Aerial point. Telephone point.
Modern fitted units, with work surfaces incorporating stainless steel sink, with dual tap. Ample storage. Tiled splash back.
Integrated Zanussi oven and four ring electric Zanussi hob, with stainless steel extractor hood over. Extractor. Integrated fridge freezer and microwave. Space for washing machine. Spotlights.
Double glazed uPVC door, leading to large balcony. BALCONY Large decked balcony with ample sun. Accessed from the living room.
BEDROOM 3.22m x 3.74m Large double glazed uPVC windows to front. Ample natural daylight. Spacious double bedroom. Carpeted flooring. Large custom fitted wardrobes. TV Aerial point.
Wall mounted electric panel heater. BATHROOM 1.7m x 2.09m Modern bathroom. Wood effect laminate flooring. Part tiled walls. Panelled bath, with shower over and glass shower screen.
Pedestal wash hand basin with mirror over. W.C. Wall mounted mirrored vanity unit. Heated towel rail. Extractor.
TENURE MGY are advised that the property is leasehold, with a term of 250 years from 2017.
Low service charges of £853.55 per annum, which includes lift maintenance, video entry intercom system, secure fob access, CCTV, maintenance of internal and external communal areas, regular cleaning, refuse disposal and bike storage.
Ground rent £125 per annum. Building insurance £388.54 per annum. NHBC Warranty cover in place.
Disclaimer Important Notice: These particulars are prepared for guidance only and do not form whole or any part of any offer or contract.
Whilst the particulars are given in good faith, they are not to be relied upon as being a statement or representation of fact.
They are made without responsibility on the part of MGY Ltd or Vendor/lessor and the prospective purchaser/lessee should satisfy themselves by inspection or otherwise as to their accuracy.
Neither MGY Ltd nor anyone in their employ, or the vendor/lessor, imply, make or give any representation/warranty whatsoever in relation to this property.
The services of our recommended mortgage brokers and solicitors may be beneficial.
While a referral fee may be received if they are chosen, there is no obligation to use their services, and an alternative mortgage provider/solicitor can be chosen.
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 Schooner Drive, Schooner Wharf, CF10
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