277 Maia House, Falcon Drive, Cardiff, Cardiff CF10 4RF
- PROPERTY TYPE
Flat
- BEDROOMS
2
- SIZE
Ask agent
Key features
- GUIDE PRICE - £90,000+
Description
Bidding opens Monday 19th May 2025 at Midday and closes Wednesday 21st May 2025 at Midday.
Two Bedroom Apartment - Residential Investment
Offered for sale is this two bedroom apartment with partial water views. The property benefits from an allocated parking space, double glazing, electric heating, lift and concierge facilities. We are advised that the property is currently let at £1200 p/c/m, therefore generating a gross annual income of £14,400 per annum.
Located within the heart of Cardiff Bay, within close proximity to The Senedd (Welsh Parliamentary Building) and alongside other business occupiers. The position of the apartment is well suited for the restaurants and bars at Mermaid Quay and the Wales Millenium Centre. In addition to the above, the new proposed Cardiff Bay Arena will also be positioned within a short walking distance of the apartment.
Accommodation Hallway with store cupboard, open living/kitchen space, master bedroom with En-Suite, bedroom, bathroom.
Outside Allocated Parking Space
Tenancies We are advised that the apartment is currently let at £1200 p/c/m, generating a gross annual income of £14,400 per annum. (Please refer to the legal pack for confirmation of the current agreement).
Tenure Leasehold, we are advised that there is 105 years left remaining on the lease (please refer to legal pack for confirmation of the term along with payable ground rent and service charges).
Viewings Via Auction House on .
Council Tax Band - E
Tenure: Leasehold
Lease Details: 125 years from 1st January 2006
EPC Rating: C
Administration Fee: 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Buyer's Premium Fee: £600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: E
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
277 Maia House, Falcon Drive, Cardiff, Cardiff CF10 4RF
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Visit our security centre to find out moreDisclaimer - Property reference 202501211323sq_jjom. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House Wales, Wales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House Wales, Wales on 01633 603922.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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