2 Bed Flat, Single Let, Cardiff, CF11 7FD, £130,000

Seager Drive, Cardiff, CF11 7FD - 2 months ago

Leasehold
BTL
ROI: 10%
~68 m²
+3 photos

ValuationUndervalued











Cashflows



































Local Area Statistics

Population in CF11

36,147

Population in Cardiff

357,494

Town centre distance

3.14 miles away

Nearest school

0.50 miles away

Nearest train station

0.80 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Price changed to £130,000

February 4, 2025

Listed for £140,000

January 2, 2025

Description

  • Investors Only +
  • Tenants in Situ - 8.1% Yield +
  • 2 Bedroom Apartment +
  • Ground Floor +
  • 3-Piece Bathroom +
  • Resident Parking +
  • Close to Local Amenities & Shops +
  • Long Lease - 978 Years +
  • Ground Rent £118pa +
  • Service Charge £2000pa +

* TENANTS IN SITU - INVESTORS ONLY *

Discover this appealing ground floor flat nestled in the heart of Cardiff Bay, mere steps away from Cardiff Bay Retail Park. This two-bedroom property presents an excellent opportunity for investors looking to extend their property portfolio as it is being offered to the market with tenants in situ, generating a 8.1% yield. Its prime location offers easy access to a wealth of local amenities, including shops, pubs, and efficient transport links. Notable nearby attractions include the International Sports Village and Vindico Arena, adding to the area's appeal.

Upon entering, you'll find a welcoming communal entrance hall leading to the flat. The interior layout comprises a hallway, a comfortable lounge, a well-appointed kitchen, two bedrooms, and a bathroom. Outside, residents benefit from a convenient car park featuring an allocated space for the flat, as well as additional visitor bays. The property is further enhanced by a shared garden that surrounds the building, providing a pleasant outdoor space for residents to enjoy.

Given its desirable features and location, we strongly recommend arranging a viewing to fully appreciate this property's potential.

Agent Details

Sold.co.uk, London

020 3840 3803

Next Steps?

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