2-bedroom flat · CF64 1NP
To rentListed 2 days
Opportunity summary
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About
A light and spacious 2 bedroom 'coach house' style apartment with garage on the Penarth Heights development, just a short distance from the town centre.
Comprises ground floor entrance hall with stairs to first floor accommodation, open plan kitchen/living room, two double bedrooms and bathroom. Single garage with electrically operated door.
Double glazing, gas central heating., Unfurnished. Available end of November. Hallway Door to garage, stairs to first floor accommodation.
Landing Store cupboard, with boiler, doors to living accommodation. Living Room/Kitchen L shaped room with large floor to ceiling window to front and further velux window to rear.
Carpet to living area, two radiators, TV and telephone point. Fitted kitchen with stainless steel sink with drainer and mixer tap.
Electric four ring hob, electric oven, extractor hood and stainless steel back plate. Bedroom 1 (3.05 x 2.44) Window to front. Carpet. Bedroom 2 (3.66 x 3.66) Window to front. Carpet.
Bathroom (1.83 x 1.83) Three piece suite in white comprising bath with shower over and shower screen, wc and pedestal wash basin. Velux style window.
Garage Electrically operated up and over door, light, power and water tap.
Postcode CF64 1NP Council Tax Band E £2,763.76 (26/27) Security Deposit £1,100 Holding Deposit A holding fee of one weeks' rent will be payable to secure the dwelling.
This will be deducted from the final balance payable upon moving into the dwelling, subject to a successful application.
Shepherd Sharpe reserves the right to retain this payment should the applicant have provided false or misleading information at the time of applying for the dwelling or failed to take reasonable steps to enter into the Standard Occupation Contract
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let licence or registration needed
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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
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FAQ
About St Josephs Mews, Penarth
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