3-bedroom flat · CF24 1DN
Listing removedListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious three double bedroom ground floor apartment in a great location close to the City Centre, and within walking distance of Newport Road shopping and eateries.
The property comprises of: Lounge with a sofa, three double bedrooms two of which have double beds and wardrobes. Modern bathroom with a shower over the bath, and a separate toilet.
The fitted kitchen comes complete with appliances and white goods, the apartment benefits from gas central heating and original block wood flooring.
There is outside space to the rear with side access onto Richards Terrace, for on street parking.
Let for £1500 per month council tax band of C EPC rating of C Spacious, three-bedroom flat in Roath that is perfect Buy to let with £1500pm, or a great home Hall Lounge Kitchen Bedroom Bedroom 2 Bedroom 3 Bathroom Tenure Leasehold, with approx.
451 years remaining.
The flat is sold with a 50% share of the freehold, but this is to be confirmed by your solicitor Outside Council Tax Band - c Charges The seller has informed us there is no service charge or ground rent, with any shared maintenance split with the other freeholder, but this is to be confirmed by your solicitor A lovely big flat set back off the main road with its own newly paved back yard and gated access off the less busy side road.
I've always found it to be surprisingly quiet & peaceful for its setting. The kitchen and bathroom are in great condition, bedrooms are large & roomy. Having its own garage is a big bonus too.
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
Agent & docs
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FAQ
About 232A, Newport Road, Cardiff
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