2-bedroom flat · CF64 1JU
Under offerListed 252 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale with no on-going chain and immediate occupation is this purpose built top floor (2nd) spacious flat.
Benefitting from a Westerly facing balcony affording views across Alexandra Park and up towards the town center, a single garage plus a 999 year lease from 2006.
In need of some internal updating but offers excellent potential.
A short walk takes you into the town center plus the other way takes you down to the seafront with its Esplanade, beach and award winning Pier.
Briefly comprising a communal entrance, porch, spacious lounge with access onto the balcony, fitted kitchen, inner hall, 2 double bedrooms - built in wardrobes to the both and a bathroom - shower.
Complimented with upvc double glazing and gas central heating -combination boiler. With an established communal rear lawn plus parking in front of the garage. Viewing highly recommended.
Albany Court is perfectly located for a short walk into the town center with its amazing selection of independent retailers plus cafes and bars plus a walk down Beach Road takes you to the Esplanade and beach with its award winning Pier.
Communal Entrance - Enter via security intercom into the communal entrance, staircase leading to all flats. Porch - Enter via door with side glazed panel into porch.
Lounge - 4.80m max x 4.47m max (15'9" max x 14'8" max) - Spacious living room, door with picture window leading onto the balcony - balcony is Westerly facing and affords a view towards Alexandra Park, TV point.
Kitchen - 2.95m x 2.36m (9'8" x 7'9") - Fitted wall and base units with laminate worktop and inset stainless steel one & half bowl sink & drainer with mixer tap, window to front, concealed combination boiler, Inner Hall - Access to both bedrooms & bathroom, built in linen cupboard.
Bedroom 1 - 4.52m x 3.15m (14'10" x 10'4") - Large master double bedroom, window to rear, built in double wardrobes.
Bedroom 2 - 3.43m x 2.74m (11'3" x 9') - Double bedroom, window to front, built in double wardrobes.
Bathroom - Fitted with a 3 piece suite comprising a panel bath with shower over, pedestal wash hand basin and close coupled wc, window to front,.
Grounds - Albany Court benefits from a well tended and established rear communal lawn with boundary wall, at the front are established shrubs on display.
Garage - 5.49m x '1.52m (18' x '5") - Single garage within a block, roller door allowing access.
Information - We believe the property is leasehold with a 999 year lease from 08-09-2006 therefore with 980 years remaining.
Council Banding - Band D £2,124.01 (2025-2026) The family have said their Uncle loved living in the flat as was so easy to stroll into the shops, he also enjoyed the sun streaming onto the balcony from early lunchtime till the sun set in the West.
A view overlooking Alexandra Park was a bonus.
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.
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Area
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FAQ
About Beach Road, Penarth
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