1-bedroom flat · CF10 5LG
Listing removedListed 39 days · slow let
Opportunity summary
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About
WELL PRESENTED, ONE DOUBLE BEDROOM, FIRST FLOOR APARTMENT ON MOUNT STUART SQUARE MGY are delighted to bring to market this one bedroom, first floor apartment situated within the popular St James Mansions development, in Cardiff Bay.
The accommodation briefly comprises entrance hallway, lounge, kitchen, bedroom and bathroom.
The property further benefits from two sets of French doors, video entry intercom system, secure gated parking with an allocated parking space and has had newly fitted carpets throughout.
12 month contract. Council tax band D. Electric heating. Deposit £995. EPC B.
A holding deposit the equivalent of one weeks rent totalling £205 will be payable to secure the property subject to references and subject to contract EPC Rating: B ENTRANCE HALL Entered via front door leading from communal hallway.
Newly fitted carpet. Wall mounted electric heater. Pendant light fitting. Wall mounted video entry system. Doors to all rooms and storage cupboard.
LOUNGE Dimensions: 10' 7" x 13' 7" (3.23m x 4.16m). Newly fitted carpet. Wall mounted electric heater. Spotlights. Power points. TV and telephone point.
Double glazed doors leading to Juliette balcony. KITCHEN Dimensions: 10' 0" x 5' 9" (3.05m x 1.76m). Laminate flooring.
Fitted kitchen with a range of wall, base and drawer units with worktops over incorporating electric hob with extractor above and oven beneath, and stainless steel 1.5 sink and drainer with hot and cold tap over.
Pendant light fitting. Tiled splashbacks. Extractor fan. Space for appliances such as fridge/freezer and washing machine. Power points. BATHROOM Dimensions: 6' 10" x 6' 5" (2.10m x 1.97m).
Vinyl flooring. Partially tiled walls.
White three-piece-suite comprising WC, vanity wash hand basin with hot and cold tap over and storage beneath, and panelled bath with hot and cold tap over and mains powered shower above. Spotlights.
Chrome heated towel rail. Extractor fan. BEDROOM Dimensions: 10' 11" x 10' 10" (3.35m x 3.32m). Newly fitted carpet. Pendant light fitting. Power points. Wall mounted electric heater.
Fitted wardrobes. Double glazed door leading to Juliette balcony. CAR PARKING Secure gated fob access to one allocated parking space.
SERVICE CHARGE The service charge for 2024 was approximately £1,983.44 paid in two half yearly instalments.The Service Charge includes building insurance, water rates, part time Caretaker, secure fob access, video entry intercom, CCTV, maintenance of internal and external communal areas, refusal disposal, secure gated access to an allocated car parking space and parking management.
Ground rent £150 per annum. TENURE MGY are advised that the property is leasehold, with a term of 125 years from 2002.
Disclaimer Important Notice: These particulars are prepared for guidance only and do not form whole or any part of any offer or contract.
Whilst the particulars are given in good faith, they are not to be relied upon as being a statement or representation of fact.
They are made without responsibility on the part of MGY Ltd or Vendor/lessor and the prospective purchaser/lessee should satisfy themselves by inspection or otherwise as to their accuracy.
Neither MGY Ltd nor anyone in their employ, or the vendor/lessor, imply, make or give any representation/warranty whatsoever in relation to this property.
The services of our recommended mortgage brokers and solicitors may be beneficial.
While a referral fee may be received if they are chosen, there is no obligation to use their services, and an alternative mortgage provider/solicitor can be chosen.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 St. James Mansions, Mount Stuart Square, Cardiff Bay
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