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Meridian Plaza, City Centre, Cardiff

Guide Price
£110,000
Reduced on 09/06/2021
Jeffrey Ross, Roath
PROPERTY TYPE
Studio
BATHROOMS
x1
SIZE
331 sq. ft.
(31 sq. m.)

Key features

  • City Centre Apartment
  • Studio with Juliette Balcony
  • Tenanted at £700PCM
  • 6.7% return before charges
  • 999 Year Lease from 2009
  • No chain

Property description

GUIDE PRICE - £110,000 - £115,000 - Stylish STUDIO apartment in the heart of the City Centre. Meridian Plaza is located next to Altolusso, opposite John Lewis and a short walk to the Hayes. This furnished apartment is situated on the 5th floor and comprises of entrance hallway, lounge, modern fitted kitchen (including a dishwasher), Concealed double bed and fitted wardrobes, modern fitted bathroom with a shower over the bath and underfloor heating. The property is furnished and benefits from stylish, modern furniture throughout. The water rates are not included. The property is currently tenanted at £700 pcm, £8,400PA - 6.7% return.

Entrance Hallway - Enter via front door onto entrance hallway. Laminate flooring, smooth plastered walls and ceiling, Storage cupboard, Wardrobes and Utility cupboard housing hot water tank and plumbing for a washing machine, Door to bathroom and opening onto the main room.

Bathroom - 1.99m x 1.99m (6'6" x 6'6") - Modern fitted bathroom suite comprising panelled bath, tiled walls and flooring, low level WC and wash hand basin. Towel radiator, smooth plastered ceilings with recessed spotlights.

Kitchen / Living / Dining / Sleeping - 7.12m x 4.23m (23'4" x 13'10") - Open plan living, kitchen dining and sleeping area. The apartment benefits modern fitted kitchen with built in electric oven, hob and extractor over, built in microwave, fridge freezer and dishwasher. Stainless steel sink, mixer tap and drainer, matching base and eye level units with contrasting worktops, smooth plastered walls and ceiling with recessed spotlights. Laminate flooring continued. large sliding doors to the rear of the apartment that open on to a Juliette Balcony.

The current owner has maximised the space by installing a Sweedish fold away bed that then hides as a wall unit when not being used.

Tenure - We are informed by the owner that the property is Leasehold, This is to be confirmed by your legal advisor.

Service Charges - We are informed by the owner that the service charge for 2019 / 20 is £1,402.86 and is paid £701.43 every 6 months.

Ground Rent - We are informed that this is approx £200 and included in the service charge. This is to be confirmed by your legal advisor.

Lease Details - 999 Years for new (2009) so there are approximately 989 years remaining

Additonal Information - The property is currently tenanted at £700PCM, £8,400PA which is a potential yield of 6.7%
Walking distance to Central Square and the Train station
The property is owned by a relative of JeffreyRoss.

Ideal investment in the heart of the City centre in one of Cardiff newest Developments.

Brochures

BrochureMeridian Plaza, City Centre, Cardiff

Energy Performance Certificates

EE RatingEI Rating

Meridian Plaza, City Centre, Cardiff

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cardiff Central Station0.2 miles
  • Cardiff Queen Street Station0.3 miles
  • Cardiff Bay Station0.8 miles
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About the agent

Jeffrey Ross, Roath

38 Wellfield Road, Y Rhath, Cardiff, CF24 3PB

Jeffrey Ross, Roath

A fresh approach to buying & selling residential property We at Jeffrey Ross believe in doing things just a little bit differently... just a little bit better. We not only look different, with our distinctive sale boards, colourful office and very visual sales particulars, we make sure the difference is perceivable to all our clients. We want moving home to be a good experience whether you are buying or selling.

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Disclaimer - Property reference 30038328. 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 Jeffrey Ross, Roath. 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.

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