1-bedroom flat · CF24 3FX
For saleReduced £10k (−11.8%) on 14 OctListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No chain - retirement complex - over 55s only - 1 double bedroom ground floor flat - ideally located with easy access to cardiff city centre - modernised & well presented throughout - spacious living room/diner - modern kitchen - modern shower room - residents parking - uPVC double glazing - gas central heating - new 999 year lease on completion (Advised by vendor via wales & west housing association) - Mr Homes are delighted to represent our clients in bringing to market for sale this 1-Bedroom Ground Floor Flat and comprises in brief; Secure Communal Entrance; Entrance Hallway with Storage; Bedrooms 1 Shower Room; Living Room/Diner; Kitchen.
UPVC Double Glazing and Gas Central Heating Powered by a Ideal Combi-Boiler. Residents also have access to the residents lounge, laundry room, and maintained communal gardens.
Tenure: Leasehold (999 Years from date of Completion) Ground Rent: Nil £0 Service/Maintenance Charges: £2648pa (£220 per month) 1% Sinking Fund Under Section 21 of the Estate Agents Act 1979 we hereby declare a connected person of Mr Homes Estate Agents Ltd has a personal interest in the sale of this property.
Entrance Hallway Storage Cupboard, Intercom Entry System, Fitted Carpet, Radiator. Bedroom 249m x 4.26m (816' 11" x 15' 1") Fitted Wardrobes, Fitted Carpet, Radiator, uPVC Double Glaze Window.
Bathroom 198m x 1.55m (649' 7" x 5' 1") Combination Vanity Unit and W.C, Shower Cubicle with Electric Shower, Extractor Fan, Radiator & Vinyl Flooring Lounge 2.99m x 5.40m (9' 10" x 17' 9") Fitted Carpet, Radiator, & uPVC Double Glazed Window.
Kitchen 1.96m x 2.62m (6' 5" x 8' 7") Kitchen Units With Complimenting, Worktops, Splash Back Mosaic Tiles Space For Oven, Fridge and Freezer, Storage Cupboard Which Houses the Ideal Combi Boiler, Vinyl Flooring, uPVC Double Glazed Window.
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 Stephenson Court, Wordsworth Avenue, Cardiff
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