Investment-ready two-bed with tenant, parking and waterfront views near Cardiff Bay..
- Sold with tenants in situ (currently c.£1,000 pcm)
- Waterfront views over Century Wharf; Juliette balcony
- Allocated off-street parking included
- Open-plan living and modern kitchen
- Leasehold with c.89 years remaining
- Service charge approx. £3,520/year; ground rent £150/year
- Electric room heaters — higher running costs likely
- High local crime and area deprivation; factor management risk
A practical investment opportunity in Atlantic Wharf: this two-bedroom, open-plan flat comes with tenants in situ, currently paying approximately £1,000 pcm. The apartment occupies a modern development with a Juliette balcony and pleasant Century Wharf/water views, and includes an allocated parking space — useful features for both lettings and resale.
The building is relatively recent (constructed 2003–2006) and the property has double glazing and a modern kitchen. The lease has around 89 years remaining, service charges run at about £3,520 per year (approx. £1,760 every six months) and ground rent is £150 per annum. Heating is by electric room heaters; there is no communal gas heating, which may affect running costs and tenant preference.
Important transactional notes: the flat is offered at auction and will be sold leasehold with tenants in situ. Buyers should review the legal pack and be aware of auction conditions, mandatory buyer verification and reservation/deposit fees that apply. The area benefits from excellent transport links, fast broadband and proximity to Cardiff Bay's amenities, but local crime statistics and wider area deprivation are notable considerations for risk and management.
This property will suit investors seeking immediate rental income and a central Cardiff location with waterfront appeal. Budget-conscious buyers should factor in service charges, electric heating costs and estate management when calculating net returns; prospective purchasers are advised to check tenancy terms, energy costs and the legal pack before bidding.
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