Summary - VEGA HOUSE 361 FALCON DRIVE CARDIFF CF10 4RG
2 bed 2 bath Flat
Turnkey two-bedroom apartment with parking and strong rental prospects.
Allocated off-street parking included
Situated in Cardiff Bay, this two-bedroom, two-bath leasehold apartment offers strong rental potential and turnkey presentation. The open-plan living/kitchen benefits from bright natural light and water views, while allocated off-street parking and en suite facilities add practical appeal for tenants or owners.
The building dates from the early 2000s and the flat has electric underfloor heating and modern double glazing. With 108 years remaining on the lease and chain-free sale, the property is straightforward to buy and let quickly. Broadband and mobile signal are excellent, and A470/M4 access keeps the city and commuting routes convenient.
Buyers should note the higher-than-average annual service charge (£3,974.96) and a modest ground rent (£150 pa). Heating is electric rather than gas, which can mean higher running costs. The local area is classified as very deprived, which affects some neighbourhood indicators despite the Bay’s leisure and transport amenities.
For investors this flat represents a ready-to-let, low-maintenance income opportunity in a popular Cardiff Bay location; for owner-occupiers it suits small families or professionals seeking a compact, modern home with easy access to the waterfront and city centre.
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