Spacious two-bedroom city apartment with parking and concierge, ideal for central rental income..
Two double bedrooms, master with en-suite
Open-plan lounge/kitchen — newly renovated kitchen
Allocated gated parking space and 24-hour concierge
Approx. 62 sq m (666 sq ft) city-centre apartment
Leasehold ~103 years; ground rent £150
High service charge ~£4,000 per year
Electric room heating — higher running costs
Local area: very high crime and very deprived
Set within the Altolusso on Bute Terrace, this newly renovated two-bedroom apartment offers a secure, city-centre home with strong tenant appeal. The open-plan lounge/kitchen, double glazing and large windows deliver bright living space and partial views across Cardiff, while an en-suite to the master adds rental or owner convenience. Allocated gated parking and 24-hour concierge are standout amenities for a central address.
Financially, the property is leasehold (approx. 103 years remaining) with a high annual service charge (circa £4,000) and a small ground rent (£150). Heating is electric (room heaters) — factor higher running costs compared with gas — and council tax is described as expensive. These ongoing costs will affect net rental yields and running budgets.
The location sits in a busy, multicultural student neighbourhood close to shopping, transport links and sporting venues, supporting steady rental demand. However, local crime levels are reported as very high and the wider area is classed as very deprived; these factors should be weighed against strong central location advantages when assessing investment or owner-occupier suitability.
Overall this apartment suits investors or professionals seeking central Cardiff accommodation with secure parking and concierge services, or first-time buyers prioritising location and convenience. Budget for the substantial service charge, electric heating and location-related considerations when calculating returns or living costs.