5-bedroom flat · CF24 0LD
Sold STCReduced £55k (−10%) on 21 JunListed 195 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Prime Investment Opportunity Fully Let Apartment Block Near City Centre An excellent opportunity to acquire a well-presented residential development located just off Newport Road, only moments from the vibrant city centre.
This attractive conversion comprises 5 self-contained apartments, all fully tenanted, generating a strong annual rental income of £46,800, delivering an impressive 8.5% yield.
Property Breakdown: Flat 1: £785 pcm | 34 m2 | EPC D Flat 2: £700 pcm | 24 m2 | EPC E Flat 3: £830 pcm | 44 m2 | EPC D Flat A: £765 pcm | 33 m2 | EPC E Flat B: £820 pcm | 37 m2 | EPC E The property benefits from a highly desirable location with excellent access to local amenities, transport links, and the city centre, ensuring continued tenant demand.
This is an ideal turnkey investment with immediate income and strong returns. Early viewing is highly recommended contact us today to secure your appointment.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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
Agent & docs
FAQ
About 27, Piercefield Place, Cardiff
Explore nearby