2-bedroom flat · CF10 5AE
To rentReduced £30 (−2.1%) on 19 SepListed 129 days · slow let
Opportunity summary
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About
Beautifully presented luxury two-bedroom first floor apartment is now available to rent in the up and coming area on Bute Street in Cardiff Bay.
Walking distance from the waterfront, the buzz of Mermaid Quay, and a wealth of restaurants, cafés, bars, and cultural hotspots.
Whether you're a professional, a couple, or a company searching for premium accommodation, this exceptional apartment offers a lifestyle of style, comfort, and convenience.
Set within a well-maintained building in one of Cardiff’s most desirable locations, the apartment has been thoughtfully renovated to a high standard throughout.
The bright and expansive open-plan living space is designed with contemporary Bay living in mind - featuring quality wood-effect flooring, recessed lighting, and large windows that allow natural light to flood the room.
The stylish integrated kitchen is both sleek and functional, complete with glossy cabinetry, and modern worktops - ideal for everyday cooking and entertaining alike.
The apartment comprises of 2 double bedrooms, with feature headboard , fitted wardrobes and soft neutral décor with plush carpeting to create inviting, restful spaces.
Whether used as two bedrooms or one bedroom plus a dedicated home office, the layout is flexible and practical for today’s modern living needs.
The bathroom is a true standout feature - offering a boutique hotel feel with elegant tiling, a rainfall shower, high-quality fixtures, and a contemporary vanity unit with built-in storage.
Other highlights include double glazing throughout, and a secure telecoms entry system, providing peace of mind for tenants.
Public transport links are excellent, with Cardiff Bay train station just a short walk away and easy access to Cardiff Central, the city centre, and beyond.
A holding fee equivalent to one weeks' rent will be payable to secure the property.
This will be deducted from the final balance payable upon moving into the property, subject to a successful application. The Occupation Contract must be signed within 14 days following the payment.
Keylet reserves the right to retain this payment should the applicant have provided false or misleading information at the time of applying for the Contract or failed to take reasonable steps to enter into the Occupation Contract.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Bute Street, Cardiff Bay
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