2-bedroom flat · CF10 4AS
Sold STCListed 106 days
Opportunity summary
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About
**BEAUTIFULLY PRESENTED* FANTASTIC LOCATION** MGY are pleased to present for sale an immaculate two bedroom, first floor apartment located in the popular Messina House on Lloyd George Avenue.
Cardiff City Centre is a stones throw away and Mermaid Quay is within walking distance.
The spacious property has been upgraded and comprises a large entrance hall, lounge/diner, upgraded kitchen, two bedrooms, upgraded shower room and upgraded en-suite.
The property is situated in a fantastic location and further benefits from double glazing throughout, bay windows, dual aspect, an allocated parking space, visitor parking and bike storage.
EPC Rating: B LOCATION Messina House is situated within a popular development in Cardiff Bay.
The apartment is positioned in a fantastic location, within walking distance to Cardiff City Centre and Mermaid Quays popular attractions, including The Wales Millennium Centre.
It is situated within close proximity to a variety of bars, restaurants, coffee shops, Everyman cinema and water sports/activities. The property is within walking distance to The Red Dragon Centre.
Beautiful cycle and walking paths to Cardiff Bay Barrage and its spectacular views across Cardiff Bay and Mermaid Quay. ENTRANCE HALL Extremely spacious and light entrance hall.
Carpeted flooring. Wall mounted intercom system. Built in storage cupboard housing hot water tank. Wall mounted electric heater. Doors leading to all rooms.
LOUNGE/DINER 4.1m x 6.7m Superb living space with lovely bay fronted windows and additional double glazed uPVC windows to front aspect. Ample natural daylight. Space for dining area.
TV Aerial point. Two wall mounted electric heaters. Opening to modern kitchen. KITCHEN 2.1m x 2.88m Upgraded kitchen.
Modern fitted white gloss wall and base units with work surfaces incorporating stainless steel sink. Ample storage with under unit lighting.
Built in oven and four ring electric hob with extractor hood over. Splashback. Integrated dishwasher and washer/dryer. Space for fridge/freezer. Laminate wood effect flooring.
MASTER BEDROOM 3.24m x 3.28m Double bedroom with large double glazed uPVC windows to rear aspect. Carpeted flooring. TV Aerial point. Door leading to en-suite.
Wall mounted electric heater.
EN-SUITE 1.0m x 2.54m Upgraded ensuite comprising shower cubicle with rainfall shower and additional shower attachment, vanity enclosed wash hand basin and W.C. Shaver point.
Wall mounted mirror. Vinyl wood effect flooring. Extractor. BEDROOM TWO 2.6m x 3.27m Second bedroom with large double glazed uPVC windows to rear aspect. Carpeted flooring.
Wall mounted electric heater.
SHOWER ROOM 1.93m x 2.39m Upgraded shower room comprising double shower cubicle with rainfall shower and additional shower attachment, vanity enclosed wash hand basin and W.C.
Large wall mounted mirror. Tastefully designed with luxury tiling. Heated towel rail. Vinyl wood effect flooring. Extractor.
PARKING Secure barrier access to an allocated parking space and visitor parking. TENURE MGY are advised that the property is leasehold, with a term of 999 years from 2000.
Service charges of £1994.86 per annum, which includes water rates, building insurance, security entry intercom system, CCTV, maintenance of internal and external communal areas, regular cleaning and refuse disposal, bike storage, barrier access to an allocated parking space, visitor parking and parking management.
Ground rent £50 per annum.
AML Please note: A non-refundable administration fee of £30 including VAT is payable per buyer to carry out the required AML verification checks once an offer has been accepted.
The sale cannot proceed until these checks have been satisfactorily completed. This is on acceptance of offer only. Details can be found on our website.
Disclaimer Important Notice: These particulars are prepared for guidance only and do not form whole or any part of any offer or contract.
Whilst the particulars are given in good faith, they are not to be relied upon as being a statement or representation of fact.
They are made without responsibility on the part of MGY Ltd or Vendor/lessor and the prospective purchaser/lessee should satisfy themselves by inspection or otherwise as to their accuracy.
Neither MGY Ltd nor anyone in their employ, or the vendor/lessor, imply, make or give any representation/warranty whatsoever in relation to this property.
The services of our recommended mortgage brokers and solicitors may be beneficial.
While a referral fee may be received if they are chosen, there is no obligation to use their services, and an alternative mortgage provider/solicitor can be chosen.
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.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Messina House, Vellacott Close, Cardiff
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