Tenanted two-bed near Cardiff Bay — immediate income and allocated parking.
Tenanted at £1,000 pcm — sold with tenant in situ
Open-plan living, modern kitchen and Juliette balcony with water views
Allocated off-street parking included
89 years remaining on lease (leasehold sale)
Service charge approx. £3,520.06 per year; ground rent £150 pa
Electric room heaters — higher running costs, no communal gas
Sold at auction via Secure Sale online bidding (terms apply)
Located in high-crime, very deprived ward — consider rental risk
Set over 638 sq ft, this two-bedroom apartment in Atlantic Wharf offers an immediate rental income and strong tenant demand from the city-centre location. The flat is sold tenanted at £1,000 pcm, making it suitable for investors wanting a hands-off cashflow purchase. The open-plan living space, modern kitchen and Juliette balcony deliver bright, low-maintenance living and views over Century Wharf.
Practical details suit buy-to-let use: allocated off-street parking, double glazing, an 89-year lease remaining and service charges of approximately £3,520.06 per year (paid biannually). Heating is electric (room heaters), so buyers should budget for ongoing running costs and potential future upgrades to a communal heating system if required.
This property will be sold at auction via Secure Sale online bidding; the sale is leasehold and subject to the stated terms. The immediate area offers excellent transport links, Cardiff Bay amenities and easy access to the city centre, but it sits in a high-crime, very deprived ward — an important factor for occupational risk and tenant profiles.
For investors seeking an urban, seaside-adjacent property with immediate rental income, this apartment is a pragmatic entry point. Owner-occupiers should note the lease length, service charges and electric heating when assessing long-term suitability.
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