Summary - 26 KENMARE MEWS PONTPRENNAU CARDIFF CF23 8RG
1 bed 1 bath Apartment
Ready-made investment close to shops and motorway links.
Existing tenant paying £900 pcm, over 8% gross yield
A ready-made investment in Pontprennau, this modern one-bedroom apartment comes with a sitting tenant paying £900 pcm, producing a headline yield above 8%. The flat occupies the first floor of a well-kept modern block and includes an allocated parking space and secure entry.
Inside you’ll find a generous main bedroom with a new en suite, a newly refitted bathroom, lounge with French doors and a Juliet rail, and a fitted kitchen with integrated appliances. The property is double glazed and carries an EPC B rating, helping keep running costs lower than many comparable electric-heated homes.
Practical transport links are a genuine plus: easy access to the M4 and A48 and Pontprennau retail park, including a 24-hour supermarket, within a short walk. The long lease (974 years remaining) gives ownership certainty for long-term investors.
Notable cautions are factual: heating is by electric storage heaters rather than gas, which can affect occupier costs and appeal. The local area records above-average crime and is identified as very deprived, which may influence tenant profiles and future resale values. Tenure is leasehold, and purchasers should review service charges and management arrangements prior to purchase.
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