Summary - Flat 5, The Hop House, St. Mary Street CF10 1FD
1 bed 1 bath Apartment
### Standout Features:
- **Ideal Investment Potential:** Perfect for holiday lets or standard rentals
- **Recent Renovations:** Newly fitted contemporary bathroom and freshly redecorated interior
- **Location:** Heart of Cardiff City Centre with convenient access to transport links
- **Sitting Tenant:** Currently leased at £1,125/month, ensuring immediate rental income
- **Leasehold:** 250 years remaining, with a reasonable service charge of £3,200
- **City Views:** Bright living space with large windows filling the apartment with natural light
### Potential Concerns:
- **Cash Only Purchase:** Due to proximity to commercial units
- **Crime Rate:** Very high in the area, which could influence family-oriented buyers
- **Slow Broadband:** May not suit those requiring high-speed internet
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This charming one-bedroom apartment is a prime opportunity for investors looking to capitalize on Cardiff's vibrant rental market. Located in a multicultural student neighborhood, it’s just a stone's throw from the city's new bus and train station, making it an appealing choice for young professionals or students. With an inviting open-plan living area and a minimalist design, it's both modern and functional. The contemporary bathroom, finished with stylish marble tiles, enhances the overall appeal.
Currently, a sitting tenant enjoys the space, providing a lucrative rental income of £1,125 per month under a fixed-term contract. The long-lasting lease and low service charge further sweeten the deal. However, interested buyers should note that this property is available for cash purchasers only, and the surrounding area has reported a high crime rate. Despite these factors, with Cardiff named one of the best cities in the UK, this apartment represents a fantastic investment with the potential for great returns. Don't miss out!
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