Bidding opens Monday 7th September 2026 at Midday and closes Wednesday 9th September 2026 at Midday.
Description
The property has been recently refurbished
Residential Investment - 3 X Apartments in Popular Central LocationAn opportunity to purchase an attractive residential investment being a substantial three storey end of terrace building that has been converted to provide three apartments comprising of a two-bedroom ground floor apartment, a two-bedroom first floor apartment along with a second floor one bedroom apartment. We are advised that the property currently provides a gross rental income of £31,800 per annum, with some scope for betterment in our opinion. The property currently sits on one freehold title and therefore, also provides the option of a title split and muti-generational living is also an option. The side elevation benefits from being rebuilt in brick and also has secure gated rear lane access.
The building is located within short walking distance of the city centre, close to local shops, schools and parks. Good shopping is also available on Cowbridge Road East, within the Grangetown area and the Leckwith Retail Park. Pontcanna and Cardiff Bay are also easily accessible as is convenient access to the A4232/A48 and the M4.
Ground Floor Flat Lounge, kitchen/diner, bathroom, utility room with the benefit of a rear garden.
First Floor Flat Lounge, dining area, kitchen, two bedrooms, bathroom.
Second Floor Flat Lounge, kitchen, bedroom, bathroom.
Outside: Rear garden with secure rear gated lane access.
Council Tax Band Ground Floor Flat - C, 1st Floor Flat- C 2nd Floor Flat - B
Income: We are advised of the following rents, which total a combined gross annual income of £31,800. Please refer to legal pack for confirmation.
Ground Floor Flat let at £1000 p/c/m
First Floor Flat let at £1000 p/c/m
Second Floor Flat let at £650 p/c/m
Viewings: Through Auction House Wales 01633 212555
Tenure: See Legal Pack
EPC Rating: Ground Floor Flat - C, Flat 2 - D & Flat 3 - 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
1.5% inc VAT of the purchase price, subject to a minimum of £2100 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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