Sold STC Flat

24 SEA BANK

PENARTH, THE VALE OF GLAMORGAN CF64 3AR

2 beds 1 baths Listed 15 Aug 2025 (-352d)

£380,000

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Property details

Tenure

LEASEHOLD (939 years remaining on lease)

Council tax band

F

EPC rating

C

Last sold

£380,000 Mar 2026

Price per m²

£6,129/m²

Local average

£251,601 (+51%)

Street crime

94 incidents within 1 mile (May 2026)

Key features

  • Second floor flat on Penarth Esplanade
  • Fully renovated to a high standard by the current owner
  • Two bedrooms
  • Spacious living / dining room
  • New kitchen
  • Refitted bathroom and separate WC
  • Balcony with views of the Bristol Channel and Alexandra Park
  • Large undercroft parking space
  • Excellent location

Additional details

Parking
Yes

Description

A completely renovated second floor apartment located on the seafront and with south facing views, from all rooms, of both the Bristol Channel and Alexandra Park. Much improved by the current owner with works include a full re-wire, new central heating system and boiler, new kitchen, bathroom and WC as well as redecoration throughout. The living accommodation comprises the hall, living / dining room, kitchen, study area, two bedrooms, a bathroom and a separate WC. The property has a south facing balcony that enjoys excellent views, and an allocated parking space in the undercroft area. The building is very popular and has a lift to all floors, additional unallocated parking and a top floor viewing room with breathtaking Bristol Channel views. Viewing advised. EPC: C.

Listed by

Penarth

David Baker

Reference: 165810890

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 03/01/2019

Expiry date: 02/01/2029

Current heating cost: £321/year

Potential heating cost: £282/year

Est. upgrade cost to C: £2,600

Recommendations

  • Replace boiler with new condensing boiler (£2,200 - £3,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floor Plan

Floor Plan

EPC Graphs

EPC graph

EPC graph

Energy Performance Certificate

Energy Performance Certificate

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #457331

Property Details

Street: 24 Seabank

Town: The Esplanade

Postcode: CF64 3AR

Installation Details

Items: 8 windows and 1 door

Certificate Issued: 14/02/2003

Work Completed: 08/01/2003

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

29% since 2019

Event Date Price % change
Sold 04/03/2026 (4 months ago) £380,000 +28.8%
Sold 12/04/2019 (7 years ago) £295,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
ST NICHOLAS HOUSE FLAT 1 BRADFORD PLACE, PENARTH, THE VALE OF GLAMORGAN, CF64 1AL £265,000 19/12/2025 Flat
ST. NICHOLAS HOUSE FLAT 5 BRADFORD PLACE, PENARTH, THE VALE OF GLAMORGAN, CF64 1AL £278,000 04/12/2025 Flat
64 SEA BANK, PENARTH, THE VALE OF GLAMORGAN, CF64 3AR £265,000 28/11/2025 Flat
ST. BRIDES HOUSE FLAT 2 KYMIN ROAD, PENARTH, THE VALE OF GLAMORGAN, CF64 1AR £230,000 21/11/2025 Flat
GLYNNE TOWER, 12 FLAT 6 BRIDGEMAN ROAD, PENARTH, THE VALE OF GLAMORGAN, CF64 3AW £830,000 18/08/2025 Flat
HIGHFIELDS FLAT 5 BRADFORD PLACE, PENARTH, THE VALE OF GLAMORGAN, CF64 1AF £399,950 17/04/2025 Flat
HIGHFIELDS FLAT 12 BRADFORD PLACE, PENARTH, THE VALE OF GLAMORGAN, CF64 1AF £180,000 08/01/2025 Flat
HOMESIDE HOUSE FLAT 19 BRADFORD PLACE, PENARTH, THE VALE OF GLAMORGAN, CF64 1NR £250,000 12/12/2023 Flat
HOMESIDE HOUSE FLAT 28 BRADFORD PLACE, PENARTH, THE VALE OF GLAMORGAN, CF64 1NR £175,000 06/11/2023 Flat
16 SEA BANK, PENARTH, THE VALE OF GLAMORGAN, CF64 3AR £269,000 02/11/2023 Flat
11 BRIDGEMAN COURT, PENARTH, THE VALE OF GLAMORGAN, CF64 3NR £165,000 21/09/2023 Flat
ALEXANDRA COURT FLAT 25 THE ESPLANADE, PENARTH, THE VALE OF GLAMORGAN, CF64 3LA £240,000 31/05/2023 Flat
ST. DONATS HOUSE FLAT 6 KYMIN ROAD, PENARTH, THE VALE OF GLAMORGAN, CF64 1AS £255,000 31/05/2023 Flat
12 SEA BANK, PENARTH, THE VALE OF GLAMORGAN, CF64 3AR £285,000 15/05/2023 Flat
THE LINDENS FLAT 4 BRADFORD PLACE, PENARTH, THE VALE OF GLAMORGAN, CF64 1LA £360,000 13/03/2023 Flat
HIGHFIELDS FLAT 11 BRADFORD PLACE, PENARTH, THE VALE OF GLAMORGAN, CF64 1AF £190,000 09/03/2023 Flat
32 SEA BANK, PENARTH, THE VALE OF GLAMORGAN, CF64 3AR £320,000 08/11/2022 Flat
HOMESIDE HOUSE FLAT 2 BRADFORD PLACE, PENARTH, THE VALE OF GLAMORGAN, CF64 1NR £115,000 04/11/2022 Flat
HOMESIDE HOUSE FLAT 8 BRADFORD PLACE, PENARTH, THE VALE OF GLAMORGAN, CF64 1NR £122,000 04/11/2022 Flat
20 WINDSOR COURT, PENARTH, THE VALE OF GLAMORGAN, CF64 3AT £280,000 14/09/2022 Flat

Area average: £273,698 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 12.4%
10y growth 52%

House Price Index (HM Land Registry — official index, not sold-price averages): Vale of Glamorgan. Series: Flats and maisonettes. As of April 2026.

1y (index) -1.7%
5y (index) 10.7%
10y (index) 34.4%

Rental Range

Estimated market rent for Vale of Glamorgan. Low = conservative, Realistic = average, Optimistic = best case.

Low £887/mo
Realistic £985/mo
Optimistic £1,084/mo

Based on Local Authority from postcode lookup → Vale of Glamorgan.

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Penarth Pier NE 0.1 miles
Bus stop Penarth Pier 0.1 miles
Shop Olde Sweet Shoppe 0.1 miles
Shop Shore 0.1 miles
Train station Penarth 0.3 miles
Train station Dingle Road 0.6 miles
University The Open University in Wales 2.8 miles
University Royal Welsh College of Music and Drama 3.5 miles
Hospital Tŷ Hafan Children's Hospice 3.7 miles
Hospital Barry Hospital 5.3 miles

Street-level crime

Category Count
Violence and sexual offences 22
Shoplifting 18
Anti-social behaviour 14
Vehicle crime 12
Criminal damage and arson 11
Public order 9
Possession of weapons 2
Robbery 2
Burglary 1
Other crime 1
Other theft 1
Theft from the person 1
Total incidents 94

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Westbourne Schools Other 0.3 miles (No rating)
Albert C.P. School Other 0.4 miles (No rating)
Headlands School Other 0.5 miles (No rating)
Bute Cottage Nursery School Other 0.5 miles (No rating)
Victoria Primary School Other 0.6 miles (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Penarth Marina, CF64 £1,295/mo 2 0.71 miles OpenRent
2 Bed Flat, Cardiff International Sports Village, CF11 £1,400/mo 2 1.04 miles OpenRent
2 Bed Flat, Bute Crescent, CF10 £1,500/mo 2 1.21 miles OpenRent

Average rent: £1,398/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.37%
Max investor price (0.8%) £175,000
Target investor price (1%) £140,000
Gross yield 4.4%
Cost-to-rent ratio 22.6×
Monthly cashflow £-261/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -2.8%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).