Summary - 40 RERESBY COURT, HEOL GLAN RHEIDOL, BUTETOWN CF10 5NR
2 bed 2 bath Flat
Immediate rental income near Mermaid Quay and city amenities.
- Two double bedrooms with master en suite
- Open-plan lounge/kitchen; approx 790 sq ft
- Allocated off-street parking space included
- Long lease: 149 years remaining
- Currently tenanted until July 2025 at £900 pcm
- Electric underfloor heating; fast broadband available
- Very high local crime rate; area classified as very deprived
- Leasehold — service charges/ground rent not provided
A well‑located two double-bedroom apartment in Cardiff Bay, ideal for buy-to-let investors seeking reliable rental income and easy access to the waterfront. The second-floor flat offers an open-plan lounge/kitchen, a master bedroom with en suite, a guest bathroom and two storage cupboards across approximately 790 sq ft. It includes an allocated off-street parking space and double glazing.
The property is currently let until July 2025 at £900 pcm, providing immediate income for a purchaser who wishes to keep the tenant. The long lease (149 years remaining) and modern build (circa 1996–2002) reduce medium-term tenure risk. Electric underfloor heating and fast broadband add appeal for city and student renters.
Buyers should note the building sits within a very deprived area with a very high recorded crime rate; this affects both safety perceptions and tenant mix. The flat is leasehold — check service charges and ground rent as these details are not supplied. The apartment is offered with the current tenant in situ, so vacant possession timing is constrained by the tenancy.
Overall this apartment suits investors targeting Cardiff Bay and city-centre renters, or purchasers seeking a modern, low‑maintenance city base close to Mermaid Quay and transport links. Renovation potential is limited but straightforward for cosmetic updates to increase rental value.
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