One bedroom investment apartment in this iconic mansion block in the centre of Cardiff. Initial gross yield of 12.7%.

One bedroom investment apartment in this iconic mansion block in the centre of Cardiff. This fourth floor apartment benefits from lift access to the communal hall and the apartment itself briefly comprises a spacious hallway with a useful storage cupboard, sitting room, double bedroom, kitchen and bathroom. This apartment also features original parquet floors and sash windows. We are informed that the property is currently let for £950pcm (£11,400pa) representing an Initial Gross Yield of 12.7%. However please examine the legal pack for further details of any and all tenancies. Accommodation FF - Hall, sitting room, kitchen, bathroom, double bedroom. Tenure Informed Freehold – please refer to legal pack for verification of tenure Viewing Viewing by appointment with Seel and Co – www.seelandco.com/auctions Additional Fees Buyer's Premium - 1.20% with a minimum of £1,200 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion. Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. Further Information Auctioneers Office, Seel and Co (029) 2037 0117 Auction Details FOR SALE BY PUBLIC AUCTION on Tuesday, 29 April 2025 online via the Seel and Co website. Bidding will commence from midday on Monday, 10 April and conclude in order from Lot 1 at 4:00 pm on Tuesday, 29 April 2025