For sale Flat

10 RICHMOND ROAD

CARDIFF, CARDIFF CF24 3AS

11 beds Listed 4 Feb 2025 (-572d)

£850,000

Save

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Property details

Tenure

FREEHOLD

Last sold

£375,000 Jul 2018

Local average

£158,132 (+437.5%)

Street crime

1396 incidents within 1 mile (Jun 2026)

Key features

  • Six Self Contained Apartments
  • Mixture of One and Two Bedroom Apartments
  • Large private Car Park at rear
  • Development potential with car park
  • Freehold
  • Modern clean finish throughout

Additional details

Parking
Yes

Description

Situated just outside the vibrant Cardiff City Centre, this exceptional investment opportunity on Richmond Road offers a collection of six luxury self-contained apartments. The property has been meticulously converted into a series of spacious one- and two-bedroom apartments, each thoughtfully designed to provide a contemporary living experience. Each apartment benefits from private parking spaces within a large residents' car park located at the rear of the property, ensuring convenience for tenants.

The building itself is a substantial three-story mid-terrace, double-fronted property, offering both charm and practicality. Its prime location places it within walking distance of Newport Road and Queen Street Railway Station, providing easy access to the city center, Cardiff University and surrounding areas. This makes it a highly desirable choice for professionals and students alike seeking a convenient and accessible living space. Given its proximity to transport links and local amenities, the property is a perfect fit for those seeking modern, comfortable living with easy access to Cardiff’s bustling city life, making it an excellent opportunity for buy-to-let investors. Currently let out for £65,100 per annum.

Flat 1 - 47 sq meters - EPC D
Flat 2 - 47 sq meters - EPC D
Flat 3 - 56 sq meters - EPC C
Flat 4 - 45 sq meters - EPC C
Flat 5 - 43 sq meters - EPC D
Flat 6 - 63 sq meters - EPC D

The apartments have been carefully designed and finished to a good standard, with each unit equipped with modern kitchens featuring contemporary wall and base units, inset stainless steel sinks, and a full suite of integrated appliances. The kitchens are complemented by spacious living areas, some with breakfast bars, providing an ideal environment for residents to relax and entertain. The living areas are bright and airy, with large uPVC double-glazed windows that let in plenty of natural light.

Please note, the property has a Block HMO license in-line with Cardiff Council regulations

Each apartment also boasts modern and functional bathrooms, complete with white suites, including shower cubicles, pedestal wash hand basins with chrome mixer taps, and slimline W.C.s. Chrome towel rail radiators are installed in the bathrooms, adding both style and practicality. The flooring throughout is modern, with a mix of carpet, vinyl, and ceramic tiling that enhances the overall aesthetic and ease of maintenance.

In addition to the individual apartment features, the property offers a large car park at the rear, which not only serves the residents but also presents an exciting opportunity for further investment or development. With the appropriate planning consents and building regulations in place, this area could be further developed, potentially increasing the property's value and rental yield.

This property is in excellent condition, having been fully converted and requiring no immediate work. It presents an ideal turnkey investment for anyone looking to secure a reliable, high-yielding property in a sought-after location. The combination of contemporary design, prime location, and the potential for further development makes this an incredibly attractive proposition for investors.

Offered with freehold tenure (pending solicitor confirmation), this property is an outstanding investment opportunity that promises strong rental returns and long-term capital growth potential in one of Cardiff’s most desirable locations. Whether you’re an experienced investor or new to the market, this property is a great addition to any portfolio.

Disclaimer - Property details are provided by the seller and not independently verified. Buyers should always seek their own legal and survey advice prior to exchange of contracts. Descriptions, measurements and images are for guidance only. Marketing prices are appraisals, not formal valuations. Lease information, including duration and costs have been provided by the seller and have not been verified by Key Executive Sales. Key Executive Sales accepts no liability for inaccuracies or related decisions that may result in financial loss - we recommend you seek advice from your legal conveyancer to ensure accuracy.

Listed by

Cardiff

Keylet

Reference: 157780697

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Building plot (shared): ~420 m² (0.10 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

10 Richmond Road.jpg

10 Richmond Road.jpg

EPC Graphs

EE Rating

EE Rating

Price history

Event Date Price % change
Listed for sale £850,000 +126.7%
Sold 02/07/2018 (8 years ago) £375,000

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
PASCALL COURT 19 ST PETERS STREET, CARDIFF, CF24 3DH £148,000 27/06/2025 Flat
15 GORDON ROAD, CARDIFF, CF24 3AJ £165,000 28/09/2023 Flat
15 GORDON ROAD, CARDIFF, CF24 3AJ £125,000 28/09/2023 Flat
15 GORDON ROAD, CARDIFF, CF24 3AJ £185,000 28/09/2023 Flat
PASCALL COURT 14 ST PETERS STREET, CARDIFF, CF24 3DH £120,000 15/09/2023 Flat
RICHMOND COURT FLAT 37 ST PETERS STREET, CARDIFF, CF24 3AZ £120,000 11/08/2023 Flat
PENFORD COURT 1 PENLLINE STREET, CARDIFF, CF24 3DF £93,950 05/05/2023 Flat
PASCALL COURT 4 ST PETERS STREET, CARDIFF, CF24 3DH £140,000 10/03/2023 Flat
PASCALL COURT 26 ST PETERS STREET, CARDIFF, CF24 3DH £150,000 16/12/2022 Flat
PASCALL COURT 26 ST PETERS STREET, CARDIFF, CF24 3DH £150,000 16/12/2022 Flat
RICHMOND COURT FLAT 18 ST PETERS STREET, CARDIFF, CF24 3AZ £112,000 31/10/2022 Flat
PASCALL COURT 8 ST PETERS STREET, CARDIFF, CF24 3DH £155,000 23/08/2022 Flat
RICHMOND COURT FLAT 47 ST PETERS STREET, CARDIFF, CF24 3AZ £110,000 24/04/2022 Flat
Same street 4 RICHMOND ROAD, CARDIFF, CF24 3AS £525,000 30/03/2022 Semi-detached
PASCALL COURT 19 ST PETERS STREET, CARDIFF, CF24 3DH £130,000 28/01/2022 Flat
Same street 20 SECOND FLOOR FLAT RICHMOND ROAD, CARDIFF, CF24 3AS £175,000 21/01/2022 Flat
Same street 20 RICHMOND ROAD, CARDIFF, CF24 3AS £155,000 21/01/2022 Flat
Same street 22 RICHMOND ROAD, CARDIFF, CF24 3AS £600,000 21/01/2022 Other
Same street 20 FIRST FLOOR FLAT RICHMOND ROAD, CARDIFF, CF24 3AS £180,000 21/01/2022 Flat
PENFORD COURT 2 PENLLINE STREET, CARDIFF, CF24 3DF £120,000 17/01/2022 Flat
PASCALL COURT 12 ST PETERS STREET, CARDIFF, CF24 3DH £122,000 11/01/2022 Flat
RICHMOND COURT FLAT 9 ST PETERS STREET, CARDIFF, CF24 3AZ £97,500 04/11/2021 Flat

Street average: £327,000 (5 sales)

Area average: £131,968 (17 sales)

Capital growth trend

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

5y growth 22.4%
10y growth 41.7%

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

1y (index) -0.2%
5y (index) 8.8%
10y (index) 30.3%

Rental Range

Estimated market rent for Cardiff. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,052/mo
Realistic £1,169/mo
Optimistic £1,286/mo

Based on Local Authority from postcode lookup → Cardiff.

Location

Nearby

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

Type Name Distance
Bus stop Richmond Crescent 0.1 miles
Shop Punk Bikes 0.1 miles
Shop Liomek 0.1 miles
Train station Cardiff Queen Street 0.3 miles
Train station Cathays 0.4 miles
University Cardiff Metropolitan University 1.5 miles
Hospital Nuffield Health Cardiff Bay Hospital 2.5 miles
Hospital Llandough Hospital 3.0 miles
University University of South Wales 3.5 miles

Street-level crime

Category Count
Violence and sexual offences 412
Shoplifting 204
Anti-social behaviour 185
Public order 150
Vehicle crime 136
Criminal damage and arson 75
Other theft 66
Drugs 35
Burglary 30
Theft from the person 27
Bicycle theft 25
Other crime 20
Robbery 20
Possession of weapons 11
Total incidents 1396

Within 1 mile during Jun 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
Kings Monkton School Other 0.1 miles (No rating)
Plas Y Coed School and Student Support Centre Other 0.2 miles (No rating)
Cardiff Academy Other 0.2 miles (No rating)
Tredegarville C.I.W. Primary School Other 0.3 miles (No rating)
St Peter's R.C. Primary School Other 0.3 miles (No rating)

Rental Comparables

Rental listings exist nearby, but none matched the 11-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

This street 4.1% gross yield avg £327,000 sale, £1,113/mo rent
Rent ratio 0.14%
Max investor price (0.8%) £146,125
Target investor price (1%) £116,900
  • This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
  • 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).