House for sale

Cardiff

351.628 €

Listed Sep 10, 2026

About this listing

Bidding opens Monday 5th October 2026 at midday and closes Wednesday 7th October 2026 from midday. Residential Investment - 3 X Apartments in Popular Central Location An opportunity to purchase an attractive residential investment being a substantial three storey end of terrace building that has been converted to provide three apartments comprising of a two-bedroom ground floor apartment, a two-bedroom first floor apartment along with a second floor one bedroom apartment. We are advised that the property currently provides a gross rental income of £31,800 per annum, with some scope for betterment in our opinion. The property currently sits on one freehold title and therefore, also provides the option of a title split and muti-generational living is also an option. The side elevation benefits from being rebuilt in brick and also has secure gated rear lane access. The building is located within short walking distance of the city centre, close to local shops, schools and parks. Good shopping is also available on Cowbridge Road East, within the Grangetown area and the Leckwith Retail Park. Pontcanna and Cardiff Bay are also easily accessible as is convenient access to the A4232/A48 and the M4. We have been notified that the tenant occupying flat 2 has given notice to vacate on 29th October 2026. Ground Floor Flat Lounge, kitchen/diner, bathroom, utility room with the benefit of a rear garden. First Floor Flat Lounge, dining area, kitchen, two bedrooms, bathroom. Second Floor Flat Lounge, kitchen, bedroom, bathroom. Outside: Rear garden with secure rear gated lane access. Council Tax Band Ground Floor Flat - C, 1st Floor Flat- C 2nd Floor Flat - B Income: We are advised of the following rents, which total a combined gross annual income of £31,800. Please refer to legal pack for confirmation. Ground Floor Flat let at £1000 p/c/m First Floor Flat let at £1000 p/c/m Second Floor Flat let at £650 p/c/m Viewings: Via Auction House Wales . IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction. Tenure: Freehold EPC Rating: Ground Floor Flat - C, Flat 2 - D & Flat 3 - D Administration Fee: 1.5% inc VAT of the purchase price, subject to a minimum of £2100 inc VAT, payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

What's included

Garden

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Listed on

Rightmove

351.628 €