Property Details: - Type: Flat - Bedrooms: 1 - Bathrooms: 2

Agent: Prime Property Auctions - Glasgow Phone: 0141 376 8640

<ul><li> PRIME NEW LISTING. We are excited to present this vacant 1 bedroom flat located within a prime location in Cardiff.</li></ul> <br/> <br/><ul><li> *Flat 5, Trinity Mews, Piercefield Place, Adamsdown, Cardiff CF24 0LD sold for £77,500 in May 2019. 11a, Splott Road, Splott, Cardiff CF24 2BU sold for £67,000 in Jan 2006.*</li></ul> <br/> <br/><ul><li> For those interested in rental investments, properties in this highly sought-after area currently achieve rentals of £650 - £700 per calendar month, equating to £7,800 - £8,400 per annum. Securing this property at the guide price could yield a remarkable gross return.</li></ul> <br/> <br/><ul><li> This flat is an ideal choice for investors seeking a high-yielding opportunity with great development potential, ensuring both immediate and long-term investment returns.</li></ul> <br/> <br/><ul><li> Splott is a traditional part of the City of Cardiff, characterised by its rich history. Most of the housing stock is Victorian, built during the expansion of the city's iron and steel industry. Splott is known for its once vast steelworks and tightly knit rows of terraced houses.</li></ul> <br/> <br/> <br/>PRIME NEW LISTING. We are excited to present this vacant 1 bedroom flat located within a prime location in Cardiff. <br/> <br/> <br/> <br/>The property comprises a spacious lounge space, kitchen space, a generously sized bedroom, a bathroom space, and two convenient toilets. There is currently no access to the flat as a cash machine installation (via Tesco) has blocked the front and currently only entrance. <br/> <br/> <br/> <br/>For those interested in rental investments, properties in this highly sought-after area currently achieve rentals of £650 - £700 per calendar month, equating to £7,800 - £8,400 per annum. Securing this property at the guide price could yield a remarkable gross return. <br/> <br/> <br/> <br/>This flat is an ideal choice for investors seeking a high-yielding opportunity with great development potential, ensuring both immediate and long-term investment returns. <br/> <br/> <br/> <br/>Splott is a traditional part of the City of Cardiff, characterised by its rich history. Most of the housing stock is Victorian, built during the expansion of the city's iron and steel industry. Splott is known for its once vast steelworks and tightly knit rows of terraced houses. <br/> <br/> <br/> <br/>The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential. <br/> <br/> <br/> <br/>Excellent sales evidence in the area: <br/> <br/>*Flat 5, Trinity Mews, Piercefield Place, Adamsdown, Cardiff CF24 0LD sold for £77,500 in May 2019. 11a, Splott Road, Splott, Cardiff CF24 2BU sold for £67,000 in Jan 2006.* <br/> <br/> <br/> <br/>This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website. <br/> <br/> <br/> <br/>This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. <br/> <br/> <br/> <br/>The purchase of the property is strictly subject to the contents of the Legal Pack. Any bid submitted shall be deemed binding and made in full acceptance of, and compliance with, all terms, conditions, and information contained within the Legal Pack, which is available for inspection upon request. <br/> <br/> <br/> <br/>For further details on how to have a bidding account created, please contact the team. <br/> <br/> <br/> <br/>Location <br/> <br/>Cardiff is a vibrant Welsh city known for its historic landmarks, cultural attractions, and thriving arts scene. As the capital city, it offers a blend of modern amenities and historic charm, making it a sought-after location for property investment.