Studio · CF11 0AU
Listing removedReduced £10k (−9.1%) on 21 JunListed 363 days
Opportunity summary
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About
Jeffrey Ross are pleased to present For Sale this spacious top floor (8th) studio apartment. Found in good order and affording water views towards Cardiff & Penarth.
Benefitting from an allocated under croft parking space.
The complex benefits from electrically operated gated entry, 24 hour concierge, large central landscaped communal gardens plus there is a fitness suite in Lady Isle House with large indoor heated swimming pool plus gymnasium plus there is a second gym located in Duncansby House and there are numerous visitor parking spaces.
Briefly the accommodation comprises of a communal entrance - video entry, private hall, bedroom area with wardrobes open to a living area in turn open to the fully integrated kitchen, finally a stylishly appointed shower room completes the accommodation.
Complimented with upvc double glazing and electric heating plus solar panels heat a plate at the bottom of the water cylinder in the apartment, so the water that is being heated up by electricity stays hotter for longer in the water tank.
Viewing highly recommended. Communal Entrance Entry via security intercom, access to all apartments via lift and stairs. Hall Direct access into the main room plus access into the shower room.
Main Room (7.52m max x 5.23m max (24'8" max x 17'2" max)) Combining the living area and kitchen to the bedroom area.
Lounge Area 2 full length windows to the side overlooking the roof top lawn below and affords a water view towards Penarth, TV point, intercom entry phone, telephone point, a generous double cloaks/airing cupboard with light houses the hot water cylinder.
Kitchen Fitted wall and base units with round edge worktop and inset stainless steel sink & drainer with mixer tap, integrated appliances include fridge, freezer, washing machine plus built in oven, hob & cooker hood, extractor fan, porcelain tiling to the floor.
Bedroom Area Open to the lounge with room for double bed plus other furniture, full length window to the side with water views towards Penarth, deep built in double wardrobes to one wall with full length mirrored sliding doors.
Shower Room With tiled double enclosure, wall mounted wash basin and close coupled wc - concealed cistern, tiled surround and tiled floor, extractor fan, shaver point, heated chrome towel rail.
Grounds Set in landscaped well tended grounds, approach via automatic electric gates to an allocated undercroft parking space plus numerous visitor parking available.
Information We believe there is a 125 year lease from 1st January 2006 with 106 years remaining.
With a ground rent of £197.56 per annum plus an annual service charge of £2,361.82 which includes water rates plus full use of the facilities at Prospect Place - Concierge, electric barrier on entry for secure parking, extensive grounds plus the fitness suite on the ground floor of Lady Isle House with gymnasium and full size swimming pool with jacuzzi plus second gymnasium in Duncansby House and there is free use of a Hub - large living area, kitchen & toilet facilities.
Council Banding - Band C £1,708.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 35, Eddystone House, Ferry Court, Cardiff Bay
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