2-bedroom flat · CF11 7JA
Sold STCListed 102 days
Opportunity summary
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About
**IDEAL FIRST TIME PURCHASE* STUNNING WATER VIEWS * MGY are pleased to present for sale this immaculate two bedroom, ground floor duplex apartment, benefitting from impressive water views and parkland views.
The modern accommodation comprises of entrance hall, lounge/kitchen/diner, two bedrooms and bathroom.
The property further benefits from double glazing throughout, security entry intercom system, two allocated parking spaces and visitor parking. Ideal first time purchase.
ENTRANCE HALL Entered via a wooden door with a security spyhole. Wall-mounted intercom system. Carpeted flooring. Storage cupboard housing the hot water tank.
Doors to all rooms and stairs leading to first floor. BEDROOM ONE 3.11m x 3.32m Double glazed uPVC windows. Double bedroom. Carpeted flooring. Built in wardrobe.
Pendant light fitting. Wall mounted electric heater. BEDROOM TWO 2.4m x 2.93m A second double bedroom. Double glazed uPVC windows. Carpeted flooring. Pendant light fitting.
Wall mounted electric heater. BATHROOM 1.7m x 1.9m Three piece suite comprising: Panelled bath with mixer tap and mains-fed shower attachment.
Vanity-enclosed wash hand basin with mirror over. W.C. Heated towel rail. Shaver point. Tiled walls and flooring. Pendant light fitting. Extractor fan.
KITCHEN/DINING/LIVING ROOM 4.3m x 7.63m Open plan living/dining area featuring double-glazed uPVC window offering stunning water and garden views and an abundance of natural light.
Tiled flooring. Wall-mounted storage heaters. Open-plan living leading to a fitted kitchen with a range of wall and base units and work surfaces incorporating a stainless steel sink.
Integrated oven with four-ring electric hob with retractable extractor hood, plus space and plumbing for washing machine, fridge freezer and dishwasher. Carpeted/tiled flooring.
Stairs leading to ground floor. TENURE MGY are advised that the property is leasehold, with a term of 999 years from 2002.
Service charges of £____ per annum, which includes water rates, building insurance, lift maintenance, CCTV, maintenance of internal and external communal areas, regular cleaning and refuse disposal, secure coded-accessed bike storage, secure fob access to an allocated undercroft parking space and visitor parking.
Ground rent £____ per annum.
AML Please note: A non-refundable administration fee of £30 including VAT is payable per buyer to carry out the required AML verification checks once an offer has been accepted.
The sale cannot proceed until these checks have been satisfactorily completed. This is on acceptance of offer only. Details can be found on our website.
Parking - Allocated parking Two allocated parking spaces. One allocated undercroft space and one allocated surface space. Visitor Parking.
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.
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.
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About The Sandwharf, Jim Driscoll Way, Cardiff
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