Two-bedroom investment with garden and cellar, ideal for renovation buyers..
- Two double bedrooms and spacious lounge/diner
- Private enclosed rear garden
- Lower-ground cellar: three rooms, potential extra accommodation
- Double glazing and mains gas central heating present
- Victorian features: bay window, high ceilings, cornices
- Requires full modernisation; signs of damp and neglect
- Lease approx. 60 years — lending may be restricted
- Sold at auction; buyer fees and admin charges apply
A two-bedroom ground-floor flat in a Victorian mid-terrace, offered with a private rear garden and substantial lower-ground cellar space. The property benefits from double glazing and mains gas central heating; the cellar has two rooms with generous head height and could provide additional accommodation or useful storage.
This is a clear renovation opportunity: period features remain (bay window, high ceilings, cornice) but the flat shows signs of neglect and damp in places and will need modernisation throughout. The lease has approximately 60 years remaining which may restrict mortgage options — many lenders could refuse to lend. The property is offered at auction with associated buyer charges (administration fee and buyer’s premium) and a guide price of £99,000+.
Positioned within walking distance of Cardiff Bay and the city centre, the location offers strong local amenities and transport links. The area is described as very deprived and crime is average; that context affects both long-term rental and resale prospects. This lot will suit investors or experienced renovators who can purchase with cash or secure specialist leasehold lending, and who are prepared to manage refurbishment and lease extension costs.
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