Just added

Guide price

£100,000

2 bed flat for sale
Cadogan House, West Bute Street, Cardiff CF10

    • 2 beds

    • 2 baths

    • 1 reception

  • EPC Rating: B

  • Chain free
  • Auction
  • Leasehold

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Property Solvers

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About this property

  • 2-bedroom tenanted 4th floor flat (641 sq ft)

  • Competitively priced for 28-day auction and chain free

  • Current rental income £1,100 pcm tenancy runs until February 2027

  • Lease Length = 250 years

  • Ground rent = £250 pa

  • Service charge - £2,724 pa

  • Open-plan living room with fitted kitchen (264.00 sq ft)

  • Bedroom 1 (153.27 sq ft)

  • Bedroom 2 (132.48 sq ft)

  • Sizable bathroom (35.68 sq ft)

This property is to be offered for sale by Property Solvers online unconditional auction (28-day immediate exchange).

Property Solvers Online Auctions is delighted to present this 2-bedroom tenanted 4th-floor flat (641 sq ft). An excellent opportunity for a savvy buyer.

Situated in Cadogan House, West Bute Street, Cardiff, this two-bedroom tenanted flat presents an excellent opportunity for investors seeking to acquire a property with an existing tenancy in place.

With a current rental income of £1,100 pcm, the tenancy runs until February 2027.

Ideally positioned in Cardiff Bay, the property benefits from a location popular with professionals and city residents, offering convenient access to the city centre, local amenities and a range of leisure facilities.

The flat comprises two well-proportioned bedrooms (bedroom 1 (153.27 sq ft) and bedroom 2 (132.48 sq ft), an open-plan living room with fitted kitchen (264.00 sq ft), and a sizable bathroom (35.68 sq ft), providing practical living space suited to modern urban lifestyles.

The property offers an appealing investment opportunity for landlords looking to expand their portfolio, with the existing tenancy potentially providing an immediate rental income stream from completion.

West Bute Street is conveniently located for Cardiff Bay's waterfront attractions, restaurants, cafés, shops and entertainment venues, while Cardiff city centre is also readily accessible.

The area benefits from public transport links and access to major road networks, making it attractive to tenants seeking convenient city living. An appealing buy-to-let investment in a sought-after Cardiff location, this two-bedroom flat is well worth considering for investors looking for an established rental property.

More Information

The Property Solvers Auctions enquiry line is open 24/7 and we're happy to answer any questions.

28-day unconditional auction terms + conditions, aml requirements and fees are available on our website (Google "Property Solvers Auctions" and select "Auction Property for Sale" in the navigation).

The preliminary legal pack can be viewed directly via the auction listing itself. Property Solvers Auctions will update the legal pack and inform all parties that express interest in bidding. For conveyancing searches that are not received in time for the auction, a Professional Indemnity Insurance policy can be taken out.

Notice to Bidders

Please be aware that if your bid is successful on auction day, the exchange of contracts will happen immediately after the Auction. A 10% deposit will be required.

As part of the Property Solvers Online Auction process, bidders will be required to register online and provide proof of id documents (passport and photo driving license). For a full list of requirements, please see the legal pack documents.

Buyer Reservation Fee

A 2% + VAT (non-refundable) fee (subject to a minimum of £2,000 + VAT) plus a £125 + VAT processing fee will be due from the winning bidder.

Generally speaking, guide prices are provided as an indication of each seller's minimum expectation, i.e. 'the reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction.

Virtually every property will be offered subject to a reserve (a figure below which the auctioneer cannot sell the property during the auction) which we expect will be set within the guide range or no more than 10% above a single figure guide.

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Property descriptions and related information displayed on this page are marketing materials provided by - Property Solvers. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Property Solvers for full details and further information.