Summary - 97 Courtis Road, Ely, Cardiff CF5 4JS
1 bed 1 bath Ground Flat
Compact investment with parking and garden close to city links.
Tenant in situ paying £675 pcm (quoted 8.5% yield)
A compact one-bedroom ground-floor flat in Ely offered with a tenant in situ, producing £675 pcm (quoted 8.5% yield). The property sits on a long 999-year lease, with no ground rent or service charge reported; the listing also states a share of freehold but this should be legally verified.
The flat is modest in size (approx. 420 sq ft) but benefits from large windows, double glazing, central heating, a private garden and off-street parking. Transport links to Cardiff city centre and the A4232 are close by, and local amenities include shops, schools and leisure facilities.
The surrounding area is described as very deprived with a high local crime rate; that context affects tenant demand, lettings risk and resale positioning. The building images and notes indicate some external maintenance needs (roof issues, exposed brick and potential mould in places) — factor in repair costs when assessing returns.
This is a straightforward hands-off buy for a landlord seeking immediate rental income, or a budget-conscious investor targeting cash yield with scope for modest refurbishment. Verify tenure details and condition via survey and legal checks before committing.
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