2-bedroom flat · CF24 3FX
For saleReduced £14.9k (−15%) on 21 JunListed 563 days
Opportunity summary
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About
Situated in the sought-after area of Roath, this well-maintained, purpose-built second floor apartment offers a secure and independent lifestyle for the over-55s within a peaceful and friendly sheltered housing community.
The apartment enjoys a pleasant position overlooking a quiet courtyard and benefits from the warmth of the afternoon sun.
Inside, the accommodation includes a private entrance hall leading to a spacious lounge and dining area, a modern and well-equipped kitchen, two generously sized bedrooms, and a contemporary bathroom with WC.
Comfort is assured year-round thanks to gas-fired central heating, a combination boiler, double glazing, and cavity wall insulation.
Stephenson Court is known for its excellent standard of presentation and offers a number of shared amenities, including a welcoming communal lounge, laundry facilities, and attractive gardens.
Residents also benefit from off-road parking and the reassurance of a resident warden and 24-hour emergency call system.
This is an ideal opportunity for a retired person looking for safe, low-maintenance living in a supportive and well-managed community.
We are advised by the vendor that provisions of electricity, water, gas 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 Leasehold - Wales and West grant a new 999 Year Lease for each purchaser upon completion. There is a monthly Service Charge payable which we have been advised will be £180 Per Calendar Month.
This includes Buildings Insurance and a 24hr emergency response alarm system with alarm cords within the apartment and communal areas & there is a part time site manager.
Also included in the Service Charge is the maintenance & cleaning of communal areas and use of the laundry room. Domestic pets are welcome.
Upon sale a levy is paid to Wales & West by the purchaser which is 2% of the purchase price. This is paid into a Sinking Fund to cover any main works in the building in the future.
Living Room 5.4102m x 2.9972m - 17'9” x 9'10” Bedroom 1 4.3434m x 2.4892m - 14'3” x 8'2” Bedroom 2 4.3434m x 2.032m - 14'3” x 6'8”
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
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FAQ
About Flat 34, Stephenson Court, Wordsworth Avenue, Cardiff
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