Affordable entry in central location with refurbishment potential.
Bright living room with rear garden views
Double bedroom with adequate space for furnishings
1/4 share of freehold; 126 years remaining on lease
Low service charge and small ground rent (£25 each)
Previously let at £600 pcm — rental potential
Sold by Modern Auction; undisclosed reserve price applies
Non‑refundable reservation fee approx. 4.5% (min £6,600)
Property requires general refurbishment; garden is overgrown
This first-floor one-bedroom flat in Uppercliff Close offers an affordable entry into Penarth with clear scope for improvement and income potential. The living room is bright with rear garden views; a double bedroom, compact kitchen and bathroom complete the internal layout. The property has been let at £600 pcm and would suit a first-time buyer or investor willing to refurbish.
Practical benefits include a long lease (126 years remaining), a 1/4 share of the freehold, and low ongoing costs: a modest service charge and ground rent of £25 each. Broadband and mobile signal are strong, and the location places shops, transport links and the seafront within easy reach.
Important sale terms and defects: this is a leasehold flat being sold at Modern Auction with an undisclosed reserve price. Buyers must expect auction fees, a non-refundable reservation fee (4.5% of the purchase price, minimum £6,600 including VAT) and extra administration costs. The flat shows dated finishes and will need general renewal and cosmetic work; external garden areas are overgrown and will require attention.
Overall, the property represents a compact, budget-priced opportunity for someone who wants a low-cost purchase in Penarth with potential to add value through refurbishment, or a small buy-to-let with existing rental history. Prospective purchasers should complete their own surveys and factor auction timelines, fees, and refurbishment costs into any offer.
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