Studio Flat For Sale £540,000
For sale by online auction - Investment Opportunity
Bidding opens: 20/07/2021 12:00
Auction scheduled to end: 22/07/2021 18:28
online auction from 20th - 22nd July
A substantial freehold building with 7 flats, all let and producing a fantastic rental return per annum. The flats occupy a sizeable plot approximately 100 Sq m/357 Sq ft and there may be scope for future development.
The property has been owned by the sellers for 20 years and has a history of strong occupancy levels and would be ideal for a landlord. The property is ideally situated for access to Cardiff city centre and Cardiff Bay and there are excellent transport links. The property is also in close proximity to the newly built Central Square and planned Central Quay development.
The flats all benefit from UPVC windows and gas central heating (not tested), with fitted kitchens and bathrooms.
Virtual tour
Accommodation
FloorDescriptionRentBlock 1Flat 1Lounge/kitchen, 2 bedrooms, bathroom£650 pcmFlat 3Lounge/kitchen, 2 bedrooms, bathroom£580 pcmFlat 4Lounge/kitchen, 2 bedrooms, bathroom£450 pcmFlat 6Lounge/kitchen, one bedroom, bathroom£390 pcmFlat 7Lounge/kitchen, 2 bedrooms, bathroom£550 pcmBlock 2Flat 5 (maisonette)Hallway, dining room/kitchen, lounge, 3 bedrooms, bathroom£680 pcmFlat 2Lounge/kitchen, one bedroom, bathroom£450 pcmTotal£3,750 pcm (£45,000 pa)OutsideSizeable courtyard and parking for several vehicles
Tenure:
Advised Freehold - to be verified by solicitor
Bidding opens: 20/07/2021 12:00
Auction scheduled to end: 22/07/2021 18:28
online auction from 20th - 22nd July
A substantial freehold building with 7 flats, all let and producing a fantastic rental return per annum. The flats occupy a sizeable plot approximately 100 Sq m/357 Sq ft and there may be scope for future development.
The property has been owned by the sellers for 20 years and has a history of strong occupancy levels and would be ideal for a landlord. The property is ideally situated for access to Cardiff city centre and Cardiff Bay and there are excellent transport links. The property is also in close proximity to the newly built Central Square and planned Central Quay development.
The flats all benefit from UPVC windows and gas central heating (not tested), with fitted kitchens and bathrooms.
Virtual tour
Accommodation
FloorDescriptionRentBlock 1Flat 1Lounge/kitchen, 2 bedrooms, bathroom£650 pcmFlat 3Lounge/kitchen, 2 bedrooms, bathroom£580 pcmFlat 4Lounge/kitchen, 2 bedrooms, bathroom£450 pcmFlat 6Lounge/kitchen, one bedroom, bathroom£390 pcmFlat 7Lounge/kitchen, 2 bedrooms, bathroom£550 pcmBlock 2Flat 5 (maisonette)Hallway, dining room/kitchen, lounge, 3 bedrooms, bathroom£680 pcmFlat 2Lounge/kitchen, one bedroom, bathroom£450 pcmTotal£3,750 pcm (£45,000 pa)OutsideSizeable courtyard and parking for several vehicles
Tenure:
Advised Freehold - to be verified by solicitor
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