City Centre residential investment opportunity, with approx. 645 sq ft. Currently let for an annual income of £13,200 representing a gross initial yield of 13.3%. A well appointed apartment within a converted building, accessed via a secure communal space. The accommodation comprises of an entrance hall, open plan kitchen/ living space, two bedrooms, W/C and shower room. Throughout the property is in good condition and decorative order.
The apartment is located just off one of the City Centres main high streets, St Marys Street which is highly in demand from renters, offering great bus routes and is a short walk from Cardiff Central railway station. Also a stones throw away from St Davids shopping centre and an array of restaurants/ bars.
Please refer to the legal pack to confirm details of the tenancies and for more details.
Entrance hall, kitchen/ living area, two bedrooms, W/C, shower room
Informed leasehold– please refer to legal pack for verification of tenure
Sold with tenant in situ with a rent of £1,100 PCM
Viewing by appointment with Seel Auctions – www.seelauctions.co.uk
Buyer's Premium - 1.50% with a minimum of £1,500 (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, 15 September 2026 online via the Seel Auctions website. Bidding will commence from midday on Monday, 14 September and conclude in order from Lot 1 at 4:00 pm on Tuesday, 15 September
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.
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