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See how verdicts work2-bedroom flat · CF10 4BX
For saleReduced £9k (−5%) on 20 OctListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this well presented top floor apartment is set within the iconic Spillers & Bakers building, one of Cardiff Bay's most recognisable landmark developments.
Combining impressive character features with modern living, the property enjoys a superb location within easy reach of Cardiff City Centre, Mermaid Quay and an excellent range of shops, restaurants, attractions and transport links.
Accessed via a secure communal entrance with both lift and stair access, the apartment offers a welcoming hallway with a useful storage cupboard.
The spacious living room is filled with natural light and features French doors opening onto a balcony, creating the perfect space to relax or entertain.
The recently re-fitted kitchen has been finished to a high standard, while there are two generous double bedrooms and a well-appointed main bathroom.
Retaining the charm and character synonymous with this historic building, the apartment benefits from striking original features throughout, alongside the convenience of allocated parking, visitor parking bays and access to excellent on-site leisure facilities, including a residents' gym located on the ground floor with secure code entry.
This exceptional apartment offers an ideal opportunity for first-time buyers, professionals, downsizers or investors seeking a stylish home in one of Cardiff Bay's most sought-after developments.
Early viewing is highly recommended.
We are advised by the vendor that provisions of electricity, water and sewerage are connected to a mains supply, and no materials used in construction may impact a buyer's enjoyment, mortgage availability, or insurance availability, and there are no issues or restrictions on mobile signal/coverage.
Living Room 4.36m x 4.36m - 14'4” x 14'4” Kitchen 3.7m x 2.24m - 12'2” x 7'4” Bathroom 3.7m x 1.79m - 12'2” x 5'10” Bedroom 1 3.7m x 3.4m - 12'2” x 11'2” Bedroom 2 3.7m x 2.18m - 12'2” x 7'2” Tenure We have been advised that the property is leasehold and the current vendor will be renewing the lease upon completion with a 999 year lease, Zero ground rent and service charge £3,300 pa.
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
About Flat 46, Spillers & Bakers, Llansannor Drive, Cardiff
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