FOR SALE BY PUBLIC AUCTION: The auction will take place online on 16th September 2025 at 05:06 PM with registration through our website.
Investment opportunity to acquire this one-bedroom basement apartment with a garden and its own entrance within walking distance of Cardiff City Centre with total rent income of approx. £11,100 pa representing an initial gross yield of circa 10%.
Description Investment opportunity to acquire this leasehold one-bedroom basement apartment with a garden and its own entrance within walking distance of Cardiff City Centre with total rent income of approx. £11,100 pa representing an initial gross yield of circa 10%.
The investment included the basement apartment only and the property appears to be in good condition throughout with upvc double glazed windows and doors ok. Recently redecorated in 2024 (when photos were taken) this apartment has access to a private courtyard garden (front and back.) In brief this spacious apartment offers its own private entrance, bay-fronted double bedroom with fitted wardrobe, a modern-fitted kitchen, bathroom, a sizeable lounge with dining space and conservatory with access to the garden. Gas central heating (not tested) and floorplan available.
We are informed that the apartment is let on an Assured shorthold tenancy until October 2025 and is managed by JeffreyRoss in Cardiff. However, please consult the legal pack for verification of any and all tenancies and incomes.
Within walking distance to Cardiff city centre and close to local amenities and transport links within a central location in Splott.
Accommodation Entrance hallway, Double bedroom, kitchen, lounge, bathroom and conservatory with access to rear garden.
Informed Leasehold please refer to legal pack for verification of tenure
Additional Fees Buyer’s Premium – 1.2% with a minimum of 1,200.00 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Further Information Auctioneers Office, Seel and Co[use Contact Agent Button]
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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