Summary - Ground Floor Flat, 164 Corporation Road, Grangetown CF11 7AY
2 bed 1 bath Ground Flat
Auction opportunity near Cardiff Bay for buyer willing to renovate and add value.
Two-bedroom ground-floor flat with private rear garden
This two-bedroom ground-floor flat sits in a Victorian mid-terrace close to Cardiff Bay and the city centre, offering practical accommodation with period features and good transport links. The property includes a private rear garden and a largely full-height cellar arranged as three rooms — currently storage but offering scope for conversion subject to consents.
The flat benefits from gas central heating, double glazing and high ceilings that retain period character, yet it requires modernisation throughout and shows signs of damp in places. The apartment is being sold at auction with a Guide Price of £90,000+, and there are sale costs to note: an administration fee (1.2% inc. VAT, min £1,200) and a buyer’s premium (£600 inc. VAT) payable on exchange, plus any legal pack disbursements.
Leasehold tenure has approximately 60 years remaining. That limited term is a material concern: some mortgage lenders may refuse to lend, so buyers should check funding options or factor in lease extension costs. EPC rating is D and council tax band B.
This is a realistic opportunity for an investor or a buyer willing to renovate — either to create a rental asset close to the Bay or for owner-occupation after improvement. Expect refurbishment work, potential damp remediation and the usual permissions for cellar conversion before any added living accommodation can be certified.
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