Summary - 72 LANDMARK PLACE, CHURCHILL WAY, CATHAYS CF10 2HS
1 bed 1 bath Flat
High-yield rental with concierge and sweeping skyline views, tenant in place.
Tenant in situ achieving £950pcm, immediate rental income
Approximately 9.1% gross yield based on asking price and current rent
Concierge and lift access; popular city-centre development
560 sq ft one-bedroom, open-plan living/kitchen layout
Leasehold with service charge £1,800pa and ground rent £220pa
Electric room heaters — likely higher energy costs for tenants
Located a stone’s throw from Queen Street Station and amenities
Very high crime and very deprived area may affect resale/tenancy
A practical buy-to-let in Cardiff city centre, sold with a tenant in situ achieving £950pcm. The one-bedroom apartment sits in a modern development with concierge, lift access and wide city views, making it easy to let to commuters and students.
The flat is an average-sized 560 sq ft layout with an open-plan living/kitchen, double bedroom and family bathroom. Constructed in the early 1990s, it has double glazing (install date unknown) and electric room heaters — purchasers should expect higher running costs compared with gas-heated homes.
Income and costs are clear: current rent produces roughly a 9% gross yield on the £125,000 asking price, but leasehold ownership carries service charges (£1,800pa) and ground rent (£220pa). The property sits in a very high crime and very deprived area, which may affect resale values and tenant turnover.
This is best suited to investors seeking immediate rental income and a central-location holding. The location close to Queen Street Station and extensive local amenities supports strong demand, but buyers should factor in maintenance, potential service charge increases and the building’s communal management arrangements.
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