Investment opportunity to acquire this one-bedroom basement apartment with a garden and its own entrance within walking distance of Cardiff City Centre with total rent income of approx. £11,100 pa representing an initial gross yield of circa 10%.

Investment opportunity to acquire this leasehold one-bedroom basement apartment with a garden and its own entrance within walking distance of Cardiff City Centre with total rent income of approx. £11,100 pa representing an initial gross yield of circa 10%. The investment included the basement apartment only and the property appears to be in good condition throughout with upvc double glazed windows and doors ok. Recently redecorated in 2024 (when photos were taken) this apartment has access to a private courtyard garden (front and back.) In brief this spacious apartment offers its own private entrance, bay-fronted double bedroom with fitted wardrobe, a modern-fitted kitchen, bathroom, a sizeable lounge with dining space and conservatory with access to the garden. Gas central heating (not tested) and floorplan available. We are informed that the apartment is let on an Assured shorthold tenancy until October 2025 and is managed by JeffreyRoss in Cardiff. However, please consult the legal pack for verification of any and all tenancies and incomes. Within walking distance to Cardiff city centre and close to local amenities and transport links within a central location in Splott. Accommodation Entrance hallway, Double bedroom, kitchen, lounge, bathroom and conservatory with access to rear garden. Tenure Informed Leasehold– 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 July 2025 online via the Seel and Co website. Bidding will commence from midday on Monday, 28 July and conclude in order from Lot 1 at 4:00 pm on Tuesday, 29 July 2025