Turnkey investment close to shops, transport and waterfront amenities.
Second-floor one-bedroom apartment with private balcony
Open-plan living area and fitted kitchen, modern finishes
Allocated off-street parking space included
Sold with tenant in situ — investment purchase
Leasehold: combined service charge and ground rent £180/month
Electric heating; average broadband speeds
Area classed as very deprived with very high crime levels
No flood risk; within walking distance of Cardiff Bay amenities
This one-bedroom apartment on the second floor of Cymric Buildings offers a ready-made investment in Cardiff Bay. The property is let and will be sold with the tenant in situ, providing immediate rental income and an easy transfer for an investor seeking a hands-off purchase.
The apartment features an open-plan living area with a fitted kitchen and a private balcony, plus an allocated off-street parking space. The building is modern and within walking distance of Mermaid Quay, local shops, restaurants and public transport, making it convenient for tenants and attractive to the rental market.
Buyers should note material considerations: the flat is leasehold with combined service charge and ground rent of £180 per month, electric heating, and average broadband speeds. The wider area records very high crime levels and is classed as very deprived; these factors can affect tenant profile and resale values and should be weighed against the Bay location and immediate rental potential.
Overall, this is a practical, low-maintenance apartment aimed at investors wanting an income-producing city-centre Bay property. It offers modern living close to amenities and transport, but be aware of locality challenges and ongoing leasehold costs.
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