3-bedroom flat · CF10 4NS
Sold STCListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An outstanding waterside penthouse offering spectacular views and an impressive sense of space throughout.
Ideally positioned to enjoy the vibrant amenities of Mermaid Quay, while also within easy reach of Penarth and the Barrage, this superb residence combines luxury living with an enviable coastal setting.
Accessed via a private lift entrance, the apartment opens into a spacious and welcoming hallway, complete with a range of built-in storage and a separate utility room with space and plumbing for both a washing machine and tumble dryer.
The expansive lounge and dining area forms the heart of the home, flooded with natural light from multiple windows and patio doors.
These open onto a superb private balcony that spans the full length of the property, overlooking the Roath Basin-perfect for relaxing or entertaining while enjoying the waterside views.
The kitchen is separate and accessed via double doors, featuring a contemporary range of base and wall units, along with a selection of integrated and freestanding electric appliances.
There are three generously proportioned double bedrooms, each benefiting from its own well-presented en suite, with two also offering fitted wardrobes.
Additional accommodation includes a versatile office space and a separate guest WC.
Further benefits include electric heating, two allocated parking spaces, and an on-site concierge located at the main entrance to the development.
Viewing is highly recommended to fully appreciate the space, setting, and lifestyle on offer.
We are advised by the vendor that provisions of electricity, water and sewerage are connected to a mains supply, and no materials used in construction may impact a buyer's enjoyment, mortgage availability, or insurance availability, and there are no issues or restrictions on mobile signal/coverage.
Tenure We are advised that the property is leasehold with an unexpired term of 970 years. We are advised that there is an annual service charge of £6566.71 and an annual ground rent of £50.
Ews1 Report We are advised that there is an acceptable EWS1 report for the development that will be provided to the purchaser's solicitor as part of the management pack.
Living And Dining Room 5.02m x 9.57m - 16'6” x 31'5” Kitchen 2.37m x 3.73m - 7'9” x 12'3” Master Bedroom 3.62m x 4.53m - 11'11” x 14'10” Master Bedroom En Suite Bedroom Two 4.57m x 3.59m - 14'12” x 11'9” Bedroom Two En Suite Bedroom Three 3.62m x 3.83m - 11'11” x 12'7” Bedroom Three En Suite Office W/C Utility
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.
Area
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FAQ
About 193, Adventurers Quay, Cardiff
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