2-bedroom flat · CF5 4TL
Listing removedListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No Chain. A unique opportunity to acquire this light and spacious two bedroom first floor apartment placed within close proximity to Culverhouse Cross.
Very much a blank canvas ready for the next occupier to put their own stamp on, this would make a perfect first time buy or investment opportunity.
The accommodation briefly comprises: Entrance with stairs rising to the first floor, Hallway, Open Plan Kitchen/Diner/Sitting Area, Two Bedrooms and a Bathroom.
The property will further benefit from a brand new lease upon completion.
Llanover Road is perfectly tucked away in Michaelston and is placed close to Culverhouse Cross which offers excellent M4 and A4050 links to the city centre along with good public transport routes on hand.
There is a large retail park nearby including Tesco Extra, B&Q and Marks & Spencer. It is also positioned within walking distance to St Fagans Primary School. Internal viewings are highly recommended!
Communal Entrance - Entered via a communal entrannce, flat is situated on the first floor.
Hall - Entered via a wood fire door into hallway, radiator, access to loft space, storage cupboard housing the Baxi combination boiler.
Lounge/Kitchen - 4.83m x 5.66m (15'10 x 18'7) - Two double glazed windows to the front, two radiators.
Kitchen has wall and base units, stainless steel sink and drainer, a four ring gas hob with electric oven beneath, plumbing for a washing machine, space for fridge, tiled splashback, laminate floor to the kitchen.
Bedroom One - 2.57m x 3.15m (8'5 x 10'4) - Double glazed window to the rear, radiator. Bedroom Two - 2.03m x 3.15m (6'8 x 10'4) - Two double glazed window to the rear, radiator.
Bathroom - 2.29m x 1.98m max (7'6 x 6'6 max) - Fitted with bath with shower over, w.c and wash hand basin, radiator, laminate floor. Outside - Parking to the front on a first come first serve basis.
Tenure And Additional Information - The property is leasehold with a new lease being set up to 99 years upon completion. Service charge will be approximately £40 per calendar month.
Peppercorn Ground Rent. Disclaimer - Disclaimer: Property details are provided by the seller and not independently verified. Buyers should seek their own legal and survey advice.
Descriptions, measurements and images are for guidance only. Marketing prices are appraisals, not formal valuations. Hern & Crabtree accepts no liability for inaccuracies or related decisions.
Please note: Buyers are required to pay a non-refundable AML administration fee of £24 inc vat, per buyer after their offer is accepted to proceed with the sale. Details can be found on our website.
Value & comps
No previous sales on record.
Returns
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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 Llanover Road, Michaelston, Cardiff
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