Cadogan House, West Bute Street, Cardiff, CF10 5EN
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
2
- SIZE
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Key features
- 2-bedroom tenanted 4th floor flat (641 sq ft)
- Competitively priced for 28-day auction and chain free
- Current rental income £1,100 pcm tenancy runs until February 2027
- Lease Length = 250 years
- Ground rent = £250 pa
- Service charge - £2,724 pa
- Open-plan living room with fitted kitchen (264.00 sq ft)
- Bedroom 1 (153.27 sq ft)
- Bedroom 2 (132.48 sq ft)
- Sizable bathroom (35.68 sq ft)
Description
Property Solvers Online Auctions is delighted to present this 2-bedroom tenanted 4th-floor flat (641 sq ft). An excellent opportunity for a savvy buyer.
Situated in Cadogan House, West Bute Street, Cardiff, this two-bedroom tenanted flat presents an excellent opportunity for investors seeking to acquire a property with an existing tenancy in place.
With a current rental income of £1,100 pcm, the tenancy runs until February 2027.
Ideally positioned in Cardiff Bay, the property benefits from a location popular with professionals and city residents, offering convenient access to the city centre, local amenities and a range of leisure facilities.
The flat comprises two well-proportioned bedrooms (bedroom 1 (153.27 sq ft) and bedroom 2 (132.48 sq ft), an open-plan living room with fitted kitchen (264.00 sq ft), and a sizable bathroom (35.68 sq ft), providing practical living space suited to modern urban lifestyles.
The property offers an appealing investment opportunity for landlords looking to expand their portfolio, with the existing tenancy potentially providing an immediate rental income stream from completion.
West Bute Street is conveniently located for Cardiff Bay's waterfront attractions, restaurants, cafés, shops and entertainment venues, while Cardiff city centre is also readily accessible.
The area benefits from public transport links and access to major road networks, making it attractive to tenants seeking convenient city living. An appealing buy-to-let investment in a sought-after Cardiff location, this two-bedroom flat is well worth considering for investors looking for an established rental property.
More Information
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The preliminary legal pack can be viewed directly via the auction listing itself. Property Solvers Auctions will update the legal pack and inform all parties that express interest in bidding. For conveyancing searches that are not received in time for the auction, a Professional Indemnity Insurance policy can be taken out.
Notice to Bidders
Please be aware that if your bid is successful on auction day, the exchange of contracts will happen immediately after the Auction. A 10% deposit will be required.
As part of the Property Solvers Online Auction process, bidders will be required to register online and provide proof of ID documents (passport and photo driving license). For a full list of requirements, please see the legal pack documents.
Buyer Reservation Fee
A 2% + VAT (non-refundable) fee (subject to a minimum of £2,000 + VAT) plus a £125 + VAT processing fee will be due from the winning bidder.
Generally speaking, guide prices are provided as an indication of each seller's minimum expectation, i.e. 'the reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Virtually every property will be offered subject to a reserve (a figure below which the auctioneer cannot sell the property during the auction) which we expect will be set within the guide range or no more than 10% above a single figure guide.
- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Cadogan House, West Bute Street, Cardiff, CF10 5EN
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Visit our security centre to find out moreDisclaimer - Property reference 29509. 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 Property Solvers, London. 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 Property Solvers, London on 0800 044 3798.
*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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