Ready-made rental opportunity near Cardiff city centre with long lease and parking.
• Two bedrooms in a modern low-rise block
• Long lease remaining (976 years)
• Private off-street allocated parking space
• Walking distance to Cardiff city centre and commuter links
• Tenants currently in situ — immediate rental income possible
• Electric storage heaters — potentially higher running costs
• Compact footprint ~668 sq ft; suited to renters wanting central location
• Area classified very deprived; consider rental demand and insurance
A practical two-bedroom apartment in Splott offered with tenants in situ, making it a straightforward purchase for buy-to-let investors. The property sits within easy walking distance of Cardiff city centre and commuter links, and includes a private off-street parking space — useful for tenant demand in the area.
Set within a modern low-rise block built 2003–2006, the apartment has a contemporary open-plan kitchen/living area, double glazing and a generous bathroom. The long lease (976 years) removes common short-lease concerns and the council tax band C is relatively affordable for the location. Broadband speeds are fast and mobile signal is excellent, supporting rental appeal for professionals and students.
Notable negatives are practical rather than structural: heating is by electric storage heaters, which can be more expensive than gas alternatives and may affect running costs. The wider area is classified as very deprived with average local crime levels; purchasers should consider this when assessing rental yields and insurance costs. The apartment is compact (approximately 668 sq ft) and suited to tenants seeking low-maintenance city living rather than large-family accommodation.
This is advertised as coming soon with tenants in situ. Buyers should allow for standard leasehold costs (lease packs, management fees) and commission their own service checks — the seller’s particulars note that services and appliances have not been tested. For an investor seeking a centrally located, low-maintenance apartment with long lease security, this offers clear potential alongside manageable running-cost considerations.
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