Summary - 1 CITY WHARF CARDIFF CF10 4HG
1 bed 1 bath Flat
Immediate rental income in central Cardiff, ideal for portfolio expansion.
Long-term tenant in situ, consistent rental payments
A compact one-bedroom flat in Atlantic Wharf offering steady rental returns and immediate income. The property is currently let long-term, producing a gross annual income of £11,400, making it a straightforward add-on for a buy-to-let portfolio. At 474 sq ft the apartment includes an open-plan lounge/kitchen and an ensuite bedroom in a modern, converted-warehouse building.
This is an investment-first proposition. The sitting tenant has lived here for several years and intends to remain, so the purchase delivers rental continuity but limits short-term owner occupation. The building is leasehold and a Buyer’s Premium will apply to secure the sale — these transactional costs should be factored into purchase calculations.
Location strengths include close proximity to city amenities, excellent mobile signal and fast broadband — useful for letting demand. Material considerations: the local area is classified as very deprived with a high crime rating, which can affect rental yields, tenant mix and future resale. There is no identified flood risk.
Overall, the flat suits investors or portfolio builders seeking immediate rental income in central Cardiff. Prospective buyers should review the Let Property Pack and lease documentation, and allow for neighbourhood-related risks and the additional Buyer’s Premium in their appraisal.
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