Sales & Lettings Angels are pleased to present this one-bedroom apartment in Dixie apartments, this modern 1 bedroom apartment is currently used as a rental but can be bought without tenants if you are looking for a property for yourself. CASH BUYERS ONLY!
The current owner bought this property for herself to study being in close proximity to the university, also located opposite the Cardiff bay train station the location of the property is a huge plus for transport and is a short walkway from mermaid quay and Cardiff city center with lots of restaurants and a few shops making this attractable to rent or a great location for yourself to live. CASH BUYERS ONLY!
The accommodation comprises an open plan kitchen/lounge, one double bedroom, and a shower room including a rain shower.
Currently achieving £790pcm making this a gross yield of 8.2% with the tenancy ending next month we believe these rents in the current market could be pushed up to achieve £750pcm, creating a healthy yield of 7.5%
This apartment building was developed in 2015 and has been kept inside to a high standard as seen in our photos, the building benefits from a communal yoga lawn and outside area, lifts, an entry intercom system, and CCTV for added security.
Walking distance
Cardiff bay train station - 0 Minutes
Mermaid Quay, Cardiff bay waterfront 6 minutes
Cardiff city centre - 20 minutes
Cardiff Central Station - 19 minutes
Service Charge/Ground Rent - We have been informed the service charge is roughly £1009.96 per year. The Ground Rent is £250 per year but this is to be confirmed by your solicitor.
Tenure - Leasehold, with a 125-year lease from 2014, but this is to be confirmed by your solicitor
ESW1 form has been issued on this property at a B2 rating. - Currently, advise the cost will be covered under insurance and be no cost to the leaseholder but not yet confirmed.
Making this property currently unmortgage able.
All below measurements are done to a maximum room measurement.
