Compact two-bed apartment in Cardiff Bay — tenant in situ, long lease, great central location.
South-facing open-plan living with views towards Mermaid Quay
Two bedrooms and two bathrooms — tenant-friendly layout
Tenant in situ; sold with no onward chain
Long lease remaining (approx. 242 years)
Small overall size — 533 sq ft (compact apartment)
Leasehold with ground rent £250; service charges likely apply
Electric storage heating — potentially higher running costs
Area records very high crime and high deprivation indicators
Located in the heart of Cardiff Bay, this compact two-bedroom apartment offers straightforward buy-to-let potential with a tenant in situ and no chain. The open-plan living/kitchen benefits from a south-facing aspect and pleasant views towards Mermaid Quay, bringing good natural light into the main living space.
Practical strengths include a long lease (circa 242 years) and two bathrooms for tenant appeal. The building is modern with lift access and communal areas; the apartment’s wooden flooring and contemporary finishes suit modern rental demand.
Buyers should note material considerations: the property is leasehold with a reported ground rent of £250 and likely service charges (details to be confirmed). Heating is electric storage radiators, which can be more expensive than gas. The immediate area records very high crime and very high deprivation indices — factors that affect capital growth and some tenant types.
This small 533 sq ft apartment is best suited to investors seeking a centrally located, low-entry Cardiff Bay rental or an owner-occupier wanting a compact city-base. Verify service charge figures and running costs before offer; viewings recommended to assess condition and income potential.
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