Compact one-bedroom with parking, gym and concierge — sold at auction.
One double bedroom with balcony and good natural light
A well-lit one-bedroom second-floor apartment in Cardiff Bay, offered at auction with immediate purchase timelines. The flat has a balcony, allocated off-street parking and access to on-site gym, pool and 24-hour concierge — features that suit a buyer seeking low-maintenance city living or a buy-to-let opportunity.
Practical costs and sale conditions are material: the property is leasehold (about 101 years remaining) with a service charge around £2,858 pa and an ongoing ground rent; the auction process requires a non-refundable reservation fee (4.5% of the price, minimum fee applies) plus a buyer pack fee. Heating is by electric room heaters and the property sits in a very deprived area with a very high local crime rate — factors that affect budgeting, mortgage terms and rental demand.
Internally the apartment is neutrally presented with modest floor space (approx. 535 sq ft), contemporary fittings and double glazing; the EPC is stated as B. This makes the flat attractive to first-time buyers seeking an affordable city-base or investors wanting a lettable, low-upkeep unit — but total ownership costs and the auction terms mean buyers should complete full due diligence and cost checks before bidding.
No significant flood risk is recorded and transport, shops and leisure amenities are within easy reach. Expect compact living space rather than large rooms; the property performs well for convenience and communal facilities but requires consideration of service charges, lease length and local area issues before purchase.