Ideal city-centre buy-to-let close to station, stadium and park.
Central location opposite Cardiff Arms Park and near station
This top-floor studio occupies a central, well-connected spot opposite Cardiff Arms Park, a short walk from the train station, Principality Stadium and Bute Park. The building has period character outside and communal amenities including a concierge desk, terrace with stadium views and off-street parking, making it straightforward to let to students, short-term city visitors or commuters.
Internally the flat offers an open-plan living/sleeping area, compact kitchen and bathroom. The property is sold with a tenant in situ and a long lease (circa 982 years), which suits investors seeking immediate rental income. Community heating and double glazing are in place; council tax band C and a clear flood risk status are practical pluses.
Buyers should factor in material costs and transaction terms: the property is being sold at auction under the Modern Method (undisclosed reserve), with a non-refundable reservation fee (4.5% of price, minimum £6,600) plus buyer’s fees and a buyer information pack cost. Service charges average around £3,022 per year and ground rent is £75 annually — these make running costs significant for a small studio.
The local area is a cosmopolitan student and commuter neighbourhood with very high crime and very high deprivation indices; prospective buyers should consider management arrangements if letting. The flat would suit a hands-off investor looking for central location and immediate occupation, or a buyer wanting compact city living who accepts communal service costs and auction-related fees.
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