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See how verdicts workStudio flat · CF24 0EX
Listing removedListed 237 daysAuction 16 Mar · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bidding opens Monday 16th March 2026 at Midday and closes Wednesday 18th March 2026 at Midday.
Residential Investment Within Walking Distance of Cardiff City Centre – 3 x Flats A Mid terraced house comprising of 3 x self-contained, 2 x two bedrooms flats and a studio flat.
The property is located in the Adamsdown area of Cardiff within walking distance of the city centre, the Utilita Arena, University of South Wales (Cardiff Campus) whilst also having excellent access to Cardiff Bay and the A4232/M4.
Due to the location of the building, there may also be an option of Service accommodation income. The accommodation does require some upgrading.
The property currently provides a gross rental income of £2295 per calendar month, which equates to a gross annual income of £27,540.
In our opinion, there is further scope for income betterment increasing current rents to market level. Ground Floor Communal hallway with staircase to the first floor.
Ground floor flat Private hallway, lounge, kitchen, two bedrooms, bathroom. First Floor Private hallway, lounge open to kitchen, two bedrooms, bathroom.
Second Floor Private staircase and hallway, open lounge/kitchen/bedroom, bathroom accessed from the hallway.
Tenancies Ground Floor Flat: Let at £820 p/c/m First Floor Flat: Let at £850 p/c/m Second Floor Flat: Let at £625 p/c/m Total Combined Gross Income: £2295 p/c/m, combined annual income of £27,540.
Viewings Auction House Wales Council Tax - B (for all 3 flats) Tenure - Freehold WA70241 Tenure: See Legal Pack EPC Rating: D
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 21, South Luton Place, Cardiff
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