Summary - 44 CYMRIC BUILDINGS, WEST BUTE STREET, BUTETOWN CF10 5LL
1 bed 1 bath House
Turnkey one‑bed apartment with parking and balcony near Mermaid Quay.
Tenant in situ — immediate rental income
Allocated off-street parking space included
Bright open-plan living and private balcony
Spacious double bedroom; 593 sq ft total
Long lease (981 years) — minimal leasehold risk
Electric room heaters — higher running costs possible
Located in very deprived area with very high crime
Likely communal service charges; no private garden
This one-bedroom property in Cardiff Bay is offered as a ready-made investment with a tenant in situ, delivering immediate rental income in a location with consistently strong demand. The apartment occupies a mid-terrace building dating from the early 2000s and benefits from an open-plan living/kitchen, a private balcony and an allocated off-street parking space — useful bonuses for city tenants.
The flat is compact but well presented, with double glazing, modern fitted kitchen units and wood-effect flooring. Heating is electric via room heaters, so running costs can be higher than gas-heated properties; prospective buyers should factor this into yield calculations. The lease is long (981 years remaining) which removes a common leasehold concern for investors.
Material considerations are straightforward: the property sits in an area classified as very deprived with very high local crime levels, which can affect tenant profiles and management needs. The building likely has communal maintenance responsibilities and no private garden; ongoing service charges and management arrangements should be checked. Flood risk is low.
Overall, this is a low‑maintenance, turn-key rental in a prime Cardiff Bay location attractive to professionals and city centre renters. It suits investors seeking immediate income and rental stability, provided they are comfortable with the local area profile and electric heating costs.
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