Property Details

1 bedroom flat for sale For Sale

Admiral House, 38-42, Newport Road, Adamsdown, Cardiff, Cymru / Wales, CF24 0AB, United Kingdom

£107,000

ROI = 14% BMV = 5.23%

Gallery

Description

REF: 17540224 GROUND FLOOR STUDIO APARTMENT - LOCATED ON NEWPORT ROAD - ASKING PRICE £107,000 - TENANCY UNTIL FEBRUARY 2025 - MODERN INTERIOR - PERFECT INVESTMENT PROPERTY Sales & Lettings Angels welcome you to this modern ground floor studio apartment located in the heart of Cardiff on Newport Road. This delightful flat offers a open plan living space combining the reception room and bedroom, it has a separate bathroom and entrance hallway making it a perfect home for a single professional or a couple. Just down a quiet corridor on from the main reception area of the building you will find the front door to the apartment. As you walk in you are initially welcomed into a separate hallway which is currently used as a space for coat and shoe storage, there is also a small cupboard which is home to the boiler and washing machine. Just off of the hallway is a spacious bathroom that offers a bath with overhead shower, toilet and wash basin, the space has been neutrally decorated and offers lots of light. The main living area is spacious and has been cleverly split using furniture to form a bedroom, living and kitchen area. The apartment benefits from a large ceiling to floor window looking out onto a grass lawn located at the front of the building, this allows for lots of natural light to flood the open plan living area. Please note all furniture belongs to the current owner and will be included in the sale of the property, if you do not require some/all of the furniture this should be negotiated in the sale. The apartment is in a perfect condition and requires no work making it the ideal investment or home. Situated in a prime location, this property provides easy access to all the amenities and attractions that Cardiff has to offer. Whether you fancy a stroll in the nearby parks, a shopping spree in the city centre, or a night out in the vibrant nightlife scene, everything is just a stone's throw away. The property also has the luxury of 24/7 security and there will always be someone available in the main reception to the building. Currently, the property has tenants in a contract until February 2025 and is achieving £9,300 per annum, making it an ideal investment opportunity and a yield of 8.5%.. With its convenient location and comfortable living space, this flat is sure to attract tenants looking for a place to call home in this bustling city. Likewise if you are looking for property which you can stay in when you visit Cardiff for work or personal life this flat could be just that. Don't miss out on the chance to own a piece of Cardiff's vibrant lifestyle with this lovely studio apartment on Newport Road. Book a viewing today and envision the endless possibilities this property has to offer! EPC rating D - valid until May 2034 Lease runs until 2165 Service charge - £149 per month / £1788 per year Ground rent - £300 per year Hallway - 1.236 x 3.537 (4'0" x 11'7") - Bathroom - 1.982 x 2.569 (6'6" x 8'5") - Living Room / Bedroom - 5.479 x 5.693 (17'11" x 18'8") -

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