FOR SALE BY PUBLIC AUCTION: The auction will take place online on 28th October 2025 at 04:12 PM with registration through our website.
Investment opportunity to acquire this mid terraced property consisting of 2x2 bed flats and x1 Studio flat on South Luton Place in Cardiff representing an initial gross yield of circa. 10.5%.
Description This mid-terrace property located on South Luton Place, Cardiff consists of 2x2 bedroom flats and x1studio flat, all currently occupied. Each flat includes functional living spaces, with bedrooms, bathrooms, kitchens, and living areas. The property appears to be of brick/blockwork construction with a rendered finish and decorative stone under a pitched roof. uPVC double glazed windows and doors appear to be ok. We have been advised that the property currently generates a combined rental income of circa £2,329 per month (£27,849pa).
Ideally located close to local amenities and transport links and within a short distance to Cardiff City Centre.
For any further clarification on tenancies or information please refer to the legal pack.
Informed Freehold 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]
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