Studio for sale

21, South Luton Place, Cardiff, Cardiff CF24

Bidding opens Monday 16th March 2026 at Midday and closes Wednesday 18th March 2026 at Midday.

Residential Investment Within Walking Distance of Cardiff City Centre – 3 x Flats

A Mid terraced house comprising of 3 x self-contained, 2 x two bedrooms flats and a studio flat. The property is located in the Adamsdown area of Cardiff within walking distance of the city centre, the Utilita Arena, University of South Wales (Cardiff Campus) whilst also having excellent access to Cardiff Bay and the A4232/M4. Due to the location of the building, there may also be an option of Service accommodation income. The accommodation does require some upgrading.
The property currently provides a gross rental income of £2295 per calendar month, which equates to a gross annual income of £27,540. In our opinion, there is further scope for income betterment increasing current rents to market level.

Ground Floor Communal hallway with staircase to the first floor.
Ground floor flat Private hallway, lounge, kitchen, two bedrooms, bathroom.
First Floor Private hallway, lounge open to kitchen, two bedrooms, bathroom.
Second Floor Private staircase and hallway, open lounge/kitchen/bedroom, bathroom accessed from the hallway.
Tenancies Ground Floor Flat: Let at £820 p/c/m
First Floor Flat: Let at £850 p/c/m
Second Floor Flat: Let at £625 p/c/m
Total Combined Gross Income: £2295 p/c/m, combined annual income of £27,540.
Viewings Auction House Wales Council Tax - B (for all 3 flats) Tenure - Freehold WA70241

Tenure: See Legal Pack

EPC Rating: D