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See how verdicts work2-bedroom house · CF64 3NR
Sold STCListed 322 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A second floor two bedroom retirement apartment situated just off the Penarth seafront.
The property has been upgraded in recent years to include modern fully tiled shower room and attractive fitted kitchen.
Comprises hallway, cloaks cupboard, loft access, lounge/dining room, separate fitted kitchen, two bedrooms and shower room.
Parking to front of the property, communal grounds and gardens, lift to all floors, guest suite and laundry room. uPVC double glazing, gas central heating with a modern Vaillant combination boiler.
(Age restriction of 60yrs or 55yrs if retired or with a disability). Leasehold. NO FORWARD CHAIN. Modern fire door to the hallway.
Hallway - L shaped hallway, wood grain effect vinyl flooring, loft access, radiator, large cloaks cupboard with fuse box and useful storage.
Lounge/Dining Room - 5.96m x 2.96m (19'6" x 9'8") - A west facing room.
uPVC double glazed French doors with Juliette rail, two windows to side looking onto common grounds and the rather grand properties of Bridgeman Road.
Carpet, radiator, coved ceiling, high level power sockets, thermostat for heating and controls for hot water, phone point.
Kitchen - 3.23m x 1.66m (10'7" x 5'5") - Attractively finished with cream coloured units, contrasting worktops, sink and drainer with lever mixer tap.
Tile splashback, space for electric cooker, fridge/freezer, brushed stainless steel sockets, Vaillant combination boiler. uPVC double glazed window.
Bedroom 1 - 5.95m x 2.77m (19'6" x 9'1") - uPVC double glazed window looking out across communal gardens. Carpet, radiator, recess for deep wardrobe, coved ceiling.
Bedroom 2 - 3.24m x 2.13m (10'7" x 6'11") - A good size single bedroom. uPVC double glazed window. Carpet, radiator, full height cupboard with shelving and storage, coved ceiling.
Shower Room - 2.63m x 1.14m (8'7" x 3'8") - Fully tiled shower room.
Comprising large tiled chair enclosure with sliding toughened shower screen, integrated hand grip and seat, Triton electric shower, pedestal wash basin with lever mixer tap, twin flush wc, all in contemporary style.
Mirror, cabinet, chrome radiator, extractor. Outside - Parking to front, communal gardens to the side looking onto Alexandra Park.
Lease Details - Lease TBC Ground Rent TBC Maintenance/Service Charge £178.00 per month. Council Tax - Band D £2,124.01 p.a. (25/26) Post Code - CF64 3NR
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
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.
Area
Agent & docs
FAQ
About Bridgeman Road, Penarth
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