Immediate rental income with concierge and strong transport links.
5th-floor two-bedroom apartment with ensuite and open-plan living
A fifth-floor, two-bedroom apartment in the sought-after Altolusso development offers a straightforward city-centre investment with strong rental appeal. The building provides 24-hour concierge, secure communal areas and broad city views from upper floors—features that help attract professional and student tenants. The current tenancy means immediate rental income for a buyer prepared to purchase with tenants in situ.
Practical running costs and tenure are important: the lease has approximately 105 years remaining, the annual service charge is circa £2,700 and ground rent is about £150 per year. Heating is electric with individual room heaters; this and the property’s EPC band C should be considered when projecting energy costs and long-term outgoings.
The location is extremely central and within walking distance of Cardiff Central Station and many amenities, which supports strong demand in this multicultural, student-heavy neighbourhood. However, local indicators show very high crime and very high area deprivation — factors that can affect rental levels, insurance costs and tenant profiles. Council tax is Band E.
For an investor this is a pragmatic opportunity: ready-made income in a popular development with concierge and city views, offset by notable running costs, electric heating and local neighbourhood risks. Full lease, service charge and tenancy details should be confirmed before purchase.
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