A unique opportunity to purchase a property portfolio of three apartments set in the heart of Cardiff City Centre. The properties consist of one 2 bed apartment situated on the twelfth floor and two 1 bed apartments situated on the ninth floor. All apartments enjoying varied elevated views across the City. Conveniently located to transport links and all food & beverage establishments Cardiff has to offer. Potential to achieve a gross yield of 8.05%. The development benefits from a 24-hour concierge service and one allocated parking space with the 2 bed apartment.
Apartment 254 - A two bedroom, twelfth floor apartment enjoying elevated views towards the Principality Stadium. Accommodation briefly comprises, entrance hall, open plan kitchen/dining/living room, spacious primary bedroom with en-suite, second double bedroom and a family bathroom. One allocated parking space. EPC rating 'TBC'.
Being sold with vacant possession, previously rented at £1300pa.
Water and electric mains connected.
Leasehold - 999 years from 2000 (approx. 974 years remaining)
Service charge £3384pa.
Ground rent £385pa (inc. car parking charge).
One allocated parking space.
Council tax band 'F'.
Apartment 237 - A one bedroom, ninth floor apartment enjoying elevated views across the City. Accommodation briefly comprises; entrance hall, open plan kitchen/dining/living room, double bedroom and a bathroom. EPC rating 'C'.
Being sold with tenant in situ until August 2026. Currently rented at £900pa.
Water and electric mains connected.
Leasehold - 999 years from 2000 (approx. 974 years remaining)
Service charge £1910pa.
Ground rent £232pa.
Council tax band 'D'.
Apartment 163 - A one bedroom, ninth floor apartment enjoying elevated views towards the Principality Stadium. Accommodation briefly comprises; entrance hall, open plan kitchen/dining/living room, double bedroom and a bathroom. EPC rating 'B'.
Being sold with vacant possession, previously rented at £900pa.
Water and electric mains connected.
Leasehold - 999 years from 2000 (approx. 974 years remaining)
Service charge £1997pa.
Ground rent £232pa.
Council tax band 'D'.