Summary - ADMIRAL HOUSE, 38 - 42 38 NEWPORT ROAD CARDIFF CF24 0DH
1 bed 1 bath Apartment
Ready-to-let apartment ideal for investors seeking low-maintenance income.
Chain-free one-bedroom apartment, 565 sq ft, second-floor unit
Open-plan kitchen/living with fitted appliances and hardwood flooring
One off-street parking space and 24-hour onsite concierge
Leasehold with 131 years remaining—long lease for buyers
Service charge approx. £2,448pa; ground rent £300pa
Council Tax Band E; heating via electric room heaters
Located in a very deprived area with very high crime rates
Good rental potential near university and city amenities
This one-bedroom apartment on Newport Road offers straightforward city-centre living and immediate rental potential. The 565 sq ft layout includes an open-plan kitchen/reception, a double bedroom with built-in wardrobe, and a dedicated off-street parking space — practical benefits for tenants or a buy-to-let portfolio.
Built in the mid-2000s and sold chain-free with 131 years remaining on the lease, the property benefits from double glazing and an onsite 24-hour concierge. Service charge and ground rent are notable: approximately £2,448 per year and £300 per year respectively. Council Tax sits at Band E. Heating is electric with room heaters, which can raise running costs compared with gas systems.
The flat sits in a busy, amenity-rich area close to shops, university facilities and transport links, supporting strong rental demand from students and city workers. However, the neighbourhood shows high crime rates and very high area deprivation, which may affect tenant mix and long-term capital growth. Investors should factor in higher service charges, electric heating expenses, and council tax when calculating yield.
Overall, this is a low-maintenance, city-centre one-bedroom with clear rental appeal and predictable costs. It suits buyers seeking a ready-to-let investment or a convenient pied-à-terre, provided they accept the area's socio-economic challenges and the property's electric heating and service-charge profile.
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