2-bedroom flat · CF64 2WD
Listing removedListed 139 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Household Income to be considered for referencing: £30,000+ Conrad Estate Agents are pleased to offer this recently refurbished two-bedroom top-floor flat situated in the highly desirable town of Penarth.
Presented in excellent condition throughout, the property offers bright, modern accommodation ideal for professionals, couples, or small families looking for a well-positioned home close to local amenities and transport links.
The accommodation briefly comprises a spacious lounge, modern fitted kitchen with a range of wall and base units, two well-proportioned bedrooms and a contemporary shower room finished to a high standard.
The property benefits from modern flooring throughout, neutral décor, double glazing and electric heating, providing a comfortable and low-maintenance living environment ready for immediate occupation.
Located on Redlands Road, the property is within easy reach of Penarth town centre, local shops, cafés, restaurants and the seafront, whilst also offering convenient access to Cardiff and surrounding areas.
Available immediately. Early viewing is highly recommended.
Additional Information Household Income to be considered for referencing: £30,000+ Please note: Applicants must have no active CCJs or IVAs to meet referencing criteria.
Unfortunately, applications that do not meet these standards may result in an unsuccessful reference check and forfeiture of the holding deposit.
Option for 0% Deposit Local Area Penarth is one of South Wales' most popular coastal towns, offering a fantastic range of independent shops, cafés, restaurants and supermarkets.
The town benefits from a vibrant community atmosphere and is well known for its attractive seafront, marina and parks.
Local Transport Excellent transport links are available with regular bus services nearby and Penarth Railway Station, providing direct connections to Cardiff Central.
The A4232 and M4 motorway network are also easily accessible, making commuting across South Wales straightforward.
Local Education / Schools The property is conveniently positioned for a range of highly regarded schools, including Albert Primary School, Victoria Primary School and Stanwell School.
Further education facilities and a selection of independent schools are also available within Penarth and Cardiff.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 2, 11, Redlands Road, Penarth
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