Red Dragon Estates are pleased to offer this spacious 1 bedroom flat in the heart of Cardiff City Centre, locatedon the 7th floor, the apartment boasts wonderful views of Cardiff City Centre.The apartment further offers a fully fitted kitchen with integrated appliances, a double sized bedroom with amplestorage, tiled bathroom and open plan living room / kitchen.The property further benefits from 24 Hour concierge and one parking space is available for the flat which is enteredthrough a modern car lift.If you are searching for an investment opportunity this could just be what you looking for. The apartment is immediately available and would make an ideal first time purchase or an ideal Investment achieving a potential rental income of £1000pcm (£12000per annum). We are advised by the Vendor that the service charge is approximately £200 per month and the Ground Rent is approx: £1980 per annum. There is approx 85 years left on the Lease.( to be confirmed by your legal providers). No Chain!
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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