2-bedroom flat · CF3 0QB
Listing removedReduced £5k (−3.4%) on 21 JunListed 149 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stunning, Exceptional, Immaculately Presented & Recently Refurbished And Upgraded Throughout is this Spacious, Light & Modern Ground Floor Two Double Bedroom Apartment set in a quiet yet convenient location on the outskirts to Cardiff.
Close to schools, amenities & the popular Hendre lake & park the home further benefits from excellent commuter links to central Cardiff, Bristol, Newport & all surrounding areas.
Once parked in the private allocated space you enter via the communal door with its secure telephone entry system and then into the apartment itself.
A large hallway with ample storage options is first up with doors off to both bedrooms on the right, the bathroom to the left and then through to the rear where the wonderful living room & kitchen with integrated appliances are situated.
Offered with no chain to investors only with long standing tenants in situ currently paying £1100 pcm. Lease Term - 104 years left. Ground Rent - £100 per annum.
Service/Maintenance/Building Insurance - £2028 per annum.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About 23, Spencer David Way, Cardiff
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