Compact renovation project near Cardiff commuter routes with long lease.
Ground-floor one-bedroom flat, approx. 403 sq ft
A ground-floor one-bedroom flat with allocated parking and direct access to communal gardens, offered with no onward chain. The property has a very long lease (900+ years) and practical double glazing, making it a secure long-term buy for a first home or rental investment.
The flat is small (circa 403 sq ft) and requires full modernisation throughout — the kitchen and bathroom show dated fittings and the interior needs updating. Heating is by electric storage heaters; a buyer should budget for refurbishment and any electrical or heating upgrades a survey recommends.
Sale is via the Modern Method of Auction: there is an undisclosed reserve, a non-refundable reservation fee (4.5% of purchase price, minimum £6,600 incl. VAT), and buyers must complete within 56 days. These costs and timeframes materially affect affordability and finance arrangements, so perform full due diligence and check the buyer information pack before bidding.
Despite the work required, the flat’s location in Llanedeyrn offers good commuting links, fast broadband and allocated parking — tangible value drivers for a first-time buyer or investor prepared to renovate and let or live in a compact, city-fringe apartment.
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