3-bedroom flat · CF10 4NP
Listing removedListed 162 days
Opportunity summary
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About
A modern first floor apartment with water views, located on the outskirts of Cardiff Bay, just a short walk from The Wales Millennium Centre and Mermaid Quay.
Being sold with no onward chain, light and spacious apartment comprises an entrance hall, open plan living / dining space, a separate kitchen, three double bedrooms and two bathrooms.
There is a balcony accessed from the main living room - with water views - and an allocated parking space in the undercroft.
The property is in good order throughout but has plenty of room for upgrading and personalisation. Viewing advised. EPC: B.
Accommodation Hall A very large hallway with built-in cupboard and doors to all three bedrooms, the bathroom, kitchen and living room. Power points and phone point. Wall mounted electric heater.
Coved ceiling. Living / Dining Room (24' 4'' to doorway x 14' 8'' (7.41m to doorway x 4.48m)) This is an extremely spacious living room accessed through wide double doors from the hall.
There are uPVC double glazed windows and doors that open onto the balcony and give water views along the water in both directions and in one direction towards Cardiff Bay and Penarth. Fitted carpet.
Two wall mounted electric heaters. Four wall lights with two matching pendant lights. Power points and TV point. Window to the kitchen. Vertical blinds to the windows and doors onto the balcony.
Kitchen (11' 5'' x 8' 4'' (3.48m x 2.53m)) Tiled floor and part tiled walls.
A fully fitted kitchen comprising wall units and base units with laminate work surfaces and integrated appliances including an electric oven, microwave, four zone electric hob, extractor hood, dishwasher, washing machine and fridge freezer.
One and a half bowl stainless steel sink with drainer. Under cabinet lighting and recessed spotlights.
Bedroom 1 (24' 4'' to doorway x 11' 3'' (7.41m to doorway x 3.44m)) A large double bedroom with extensive fitted wardrobes and an en-suite bathroom. Fitted carpet.
UPVC double glazed window to the side with water views. Wall mounted electric heater. Coved ceiling. Power, TV and phone points. Door to the en-suite.
En-Suite (7' 5'' x 7' 8'' (2.27m x 2.33m)) Tiled floor and part tiled walls. Suite comprising a shower cubicle with mixer shower, WC and a pedestal sink. Heated towel rail. Extractor fan.
Two fitted mirrors with spotlights over. Shaver point. Built-in cupboard with hot water cylinder.
Bedroom 2 (9' 4'' x 12' 4'' (2.84m x 3.75m)) Double bedroom with fitted carpet and a uPVC double glazed window to the side with fitted vertical blinds. Wall mounted electric heater. Power points.
Coved ceiling. Bedroom 3 (13' 2'' x 11' 7'' into wardrobe (4.02m x 3.54m into wardrobe)) A third double bedroom, this time with built-in wardrobes. Fitted carpet.
UPVC double glazed window to the side with vertical blinds. Wall mounted electric heater. Power points. Coved ceiling. Bathroom (9' 4'' x 7' 3'' (2.85m x 2.2m)) Tiled floor and part tiled walls.
Suite comprising a panelled bath with hand shower fitting, a WC and a pedestal sink. Heated towel rail. UPVC double glazed window. Two fitted mirrors. Shaver point. Extractor fan.
Outside Balcony A balcony accessed from the living room with a southerly aspect and very pleasant views in both directions along the water that leads in Roath Basin.
Parking The property benefits from one allocated parking space in the undercroft parking area. Communal Facilities There is a security / concierge office on site.
Additional Information Tenure The property is leasehold, with a 999 year lease from February 1997 (970 remaining).
Council Tax Band The Council Tax band for this property is G, which equates to a charge of £3,348.10 for 2026/27.
Service Charge We have been informed by the seller that the current service charge is £4913.00 per annum.
This includes a charge for water (£498.02) as well as buildings insurance and the maintenance of all communal areas.
Ground Rent We have been informed by the seller that the ground rent is currently £25 per annum. Pets The lease states that are allowed in the building, with the exception of assistance dogs.
Approximate Gross Internal Area 1310 sq ft / 121.7 sq m. Utilities The property is connected to mains electricity, water and sewerage services and has electric heating.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About 40, Adventurers Quay, Cardiff
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