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See how verdicts workStudio flat · CF11 0JE
Sold STCReduced £3k (−3.2%) on 25 OctListed 607 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very well presented third floor studio apartment, located in a gated development with 24 hour concierge, ideal for first time buyers, investors and those looking for a base in the area.
This is a turn-key property and can be sold fully furnished. In excellent order throughout and comprising a hall, living room / bedroom, kitchen and bathroom.
The property benefits from use of all of the communal facilities that Ferry Court has to offer which includes the 24 hour concierge, lifts to all floors, two gyms and a swimming pool.
The location is ideal for access into Cardiff Bay, Cardiff city centre and out to the M4. Sold with no onward chain. Viewing advised. EPC: B.
Accommodation Entrance Hall Wood effect laminate flooring. Open to the living room. Door into the shower room. Power points.
Living Room / Bedroom 15' 6'' x 13' 1'' (4.72m x 4m) Wood effect laminate flooring continued from the hall. Large built-in cupboard with hot water cylinder.
Aluminium double glazed doors onto a Juliete balcony. Wall mounted electric heater. Recessed lights. Power points, phone and TV point. Open to the kitchen.
Kitchen 5' 3'' x 9' 8'' (1.59m x 2.95m) Tiled flooring. Fitted kitchen comprising wall units and base units with laminate work surfaces.
Integrated appliances including a four zone electric hob, electric oven, extractor hood and fridge freezer. Plumbing for washing machine and dishwasher. Recessed lights. Power points.
One and a half bowl composite sink with drainer. Bathroom 5' 5'' x 7' 3'' (1.66m x 2.21m) Tiled floor and walls with recently fitted acrylic shower panels.
Suite comprising a shower cubicle with mixer shower, a WC and a sink with storage below. Shaver point. Fitted mirror. Extractor fan. Heated towel rail.
External Areas and Communal Facilities The property benefits from an allocated parking space and the use of extensive communal facilities including gardens, gym and swimming pool.
Additional Information Tenure The property is held on a leasehold basis (CYM170444) with 125 years from January 2003 (102 years remaining).
Service Charge We have been informed by the seller that the current service charge is £2119.30 per year, paid in two £1059.65 installments and this cost includes buildings insurance and water rates.
Ground Rent We have been informed by the seller that the current ground rent per is £150 per year, paid £75 twice yearly.
Council Tax Band The Council Tax band for this property is C, which equates to a charge of £1,785.65 for 2026/27. Approximate Gross Internal Area 347 sq ft / 32.2 sq m.
Utilities The property is connected to mains electricity, water and sewerage services.
Notes For those looking at the property as an investment, there is potential rental income of £750-£850 a month which could equate to a yearly yield of £9,600.
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
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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
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