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Award Winning CPS HOMES Media team_22
For sale
£95,000

Richmond Court, Roath, CF24 3AZ

Studio
1bathroom
Studiotype
Leaseholdtenure

Listed 10 days ago · Cardiff

How the price compares

This home£95,000
Median studio in Cardiff£120k4 homes listed · £360 per sq ft
Difference-21%below the area median

Key features

  • Fantastic investment opportunity with a tenant in situ until August 2027
  • Total measurement 28m2
  • Currently let at £750 pcm, generating an attractive gross yield of approximately 9.5%
  • Well-maintained upper-floor studio apartment, presented in good order
  • Well-designed layout with a defined bedroom area and fitted wardrobes
  • Modern kitchen/lounge area, contemporary shower room and additional storage
  • Convenient location within easy reach of Cardiff city centre, local amenities and train station, with ample parking to the rear

About this home

A fantastic opportunity to acquire this well-maintained modern studio apartment, ideally suited to investors seeking an attractive rental return. The property is currently let at £750 per calendar month until August 2027, offering an approximate gross yield of 9.5%, total floor space 28m2. Situated on an upper floor, the apartment is well laid out and offers a defined bedroom area with fitted wardrobes, an open-plan lounge and kitchen, a modern shower room and additional storage. Externally, there is a car park to the rear providing ample parking. Conveniently located within easy reach of Cardiff city centre, the property benefits from access to a wide range of shops, restaurants, local amenities and transport links, including the nearby train station. An excellent opportunity to secure a ready-made investment with an established rental income. 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. Please note: A non-refundable administration fee of £24 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.

Living Room/Kitchen Area 5.31m x 3.12m - 17'5" x 10'3"

Bedroom Area 2.41m x 2.09m - 7'11" x 6'10"

Tenure We have been advised that the vendor will be looking to increase the term of the lease upon completion. Currently stands at 125 Years from 1983, Service charge is £1309.56 pa with zero ground rent.

Property details

Property type
Studio
Council tax band
TBC
Tenure
Leasehold
Ground rent
£0 per year
Service charge
£1,309.56 per year
Parking
Yes

Floorplan

Richmond Court

Location

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  • Cardiff Queen Street Station0.3 mi
  • Cathays Station0.5 mi
  • Cardiff Central Station0.8 mi

What nearby homes sold for

Median sold prices in CF24 over the last 12 months: terraced £250k · flat £140k · semi-detached £258k · detached £345k.

AddressTypeSoldPrice
Flat 8, Richmond Court, St Peters Street
Cardiff CF24 3AZ
Flat
Leasehold
30 Apr 2026£107,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in CF24

Buying costs

Monthly repayment£475£9,500 deposit · £85,500 loan
Land Transaction Tax£0Wales rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by CPS Homes, Cardiff on Rightmove (original listing). First listed 29 Oct 2026; details checked 7 Nov 2026. Latest change: added on 29/10/2026.

Agent disclaimer

Disclaimer - Property reference 10856440. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by CPS Homes, Cardiff. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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