Property Details: - Type: Flat - Bedrooms: 2 - Bathrooms: 2

Agent: Sales & Lettings Angels - Cardiff Phone: 029 2262 2524

REF: 19722656<br/><br/>TWO BEDROOM SECOND FLOOR FLAT - TWO BATHROOM - PRIVATE PARKING - LEASEHOLD - ASKING PRICE £150,000 - POTENTIAL ROI 10% <br/><br/>AVAILABLE WITH TENANT IN SITU OR VACANT FOR AN OWNER OCCUPIER<br/><br/><b>12, Burt Place</b> - Sales and Lettings Angels are pleased to present this two-bedroom second-floor apartment in Cardiff Bay, offered for sale at £150,000. This property includes off-road parking and is well-suited for both first-time buyers and investors.<br/><br/>The apartment features a spacious open-plan kitchen and living area with a Juliet balcony. The kitchen is fully equipped with an electric hob and oven. Both bedrooms are well-proportioned doubles and will include the existing double beds, mattresses, and storage furniture. Additionally, the property includes two modern bathrooms: one with a shower cubicle and one with a full bath.<br/><br/>Investment Details:<br/>The property is currently let for £1,000 per calendar month. The current tenant is open to an extension, though vacant possession can be provided with a six-month notice period. We anticipate a potential market rent of approximately £1,250 per calendar month, representing an estimated gross rental yield of 10%.<br/><br/>Location:<br/>The property is located off the A4119 with easy access to the A4232. Mermaid Quay, the Wales Millennium Centre, and Cardiff Bay train station are all within short walking distance.<br/><br/>Key Property Information:<br/><br/>- EPC Rating: C (Expires October 2029)<br/>- Council Tax Band: D<br/>- Leasehold: 128 years remaining (150 years from October 2004)<br/>- Ground Rent: £309.01 (2026 period)<br/>- Service Charge: £1,893.75 (2026 period, includes buildings insurance)<br/>- EWS1 Certificate: Not required (property height is below the threshold)<br/><br/>