Bidding opens Monday 16th March 2026 at Midday and closes Wednesday 18th March 2026 at Midday.
Description
Bidding opens Monday 16th March 2026 at Midday and closes Wednesday 18th March 2026 at Midday.
Residential Investment Within Walking Distance of Cardiff City Centre – 3 x Flats
A Mid terraced house comprising of 3 x self-contained, 2 x two bedrooms flats and a studio flat. The property is located in the Adamsdown area of Cardiff within walking distance of the city centre, the Utilita Arena, University of South Wales (Cardiff Campus) whilst also having excellent access to Cardiff Bay and the A4232/M4. Due to the location of the building, there may also be an option of Service accommodation income. The accommodation does require some upgrading.
The property currently provides a gross rental income of £2295 per calendar month, which equates to a gross annual income of £27,540. In our opinion, there is further scope for income betterment increasing current rents to market level.
Ground Floor Communal hallway with staircase to the first floor.
Ground floor flat Private hallway, lounge, kitchen, two bedrooms, bathroom.
First Floor Private hallway, lounge open to kitchen, two bedrooms, bathroom.
Second Floor Private staircase and hallway, open lounge/kitchen/bedroom, bathroom accessed from the hallway.
Tenancies Ground Floor Flat: Let at £820 p/c/m
First Floor Flat: Let at £850 p/c/m
Second Floor Flat: Let at £625 p/c/m
Total Combined Gross Income: £2295 p/c/m, combined annual income of £27,540.
Viewings Auction House Wales - 01633 212555
Council Tax - B (for all 3 flats) Tenure - Freehold WA70241
Tenure: Freehold
EPC Rating: D
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
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- Unconditional (Immediate Exchange)
Call the team on 01633 212 555 for more information
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
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