Three storey, semi-detached investment property comprising 5 apartments in this very popular location close to Thompson park. Informed income of £41,400pa, representing an Initial Gross Yield of circa 12%.
The property itself has been well-maintained by the landlord and the apartments are in generally good order as well as the communal areas, though some modernisation in parts would be beneficial.
The property is arranged as 5 apartments with 3 x one bedroom apartments plus 1 x studio accessed via the main communal hall, and a further studio at the rear of the property with its own entrance and a small yard. To the rear of the property is a yard which we are informed is let to a neighbour for parking.
The building appears to be of brick/stone construction with brick and spar rendered elevation and benefitting from uPVC windows and doors throughout and central heating provided by modern combination boilers in each apartment (not tested) and all have separate utilities as well as a landlord supply to the communal hall. Outside there is an enclosed front yard as well as the rear yard facing Flat 2 and the further parking area to the rear, facing Clive road.
The property is located in a popular area close to Thompson park with with shops, restaurants and amenities of Pontcanna, Canton and Victoria park all within easy reach.
GF - Communal Hall
Flat 1 - Lobby with utility area, living/kitchen/dining room, double bedroom, shower room. £650pcm
Flat 2 - Own entrance, living/kitchen/bedroom studio, shower room. £625pcm
FF - Flat 3 - Lobby, living/dining room, open to kitchen, double bedroom, shower room. £795pcm
Flat 4 - Living/kitchen/bedroom studio, shower room. £520pcm
SF - Flat 5 - Lobby, living/dining room, open to kitchen, double bedroom, shower room. £800pcm
OS - Front and side yard, rear yard is rented for £60pcm
Total income of £3450pcm (£41,400pa), please though consult the legal pack for confirmation of all incomes and tenancies.
Informed Freehold – please refer to legal pack for verification of tenure
Viewing by appointment with Seel Auctions – www.seelauctions.co.uk
Buyer's Premium - 1.50% with a minimum of £2,000 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Auctioneers Office, Seel Auctions (029) 2037 0117
FOR SALE BY PUBLIC AUCTION on Tuesday, 12 May 2026 online via the Seel Auctions website. Bidding will commence from midday on Monday, 11 May and conclude in order from Lot 1 at 4:00 pm on Tuesday, 12 May 2026
We've partnered with Watts Commercial Finance to offer a wide range of finance options from bridging loans to development finance.
Apply for Finance* 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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
