Bute Terrace, Cardiff CF10

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

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

REF: 19350362<br/><br/>1 BEDROOM - 1 BATHROOM - 12TH FLOOR APARTMENT - LUXURY INTERIOR - VIEWS OF THE CITY - ASKING PRICE £165,000 - SERVICE CHARGE £3,363.46 PER ANNUM - ALLOCATED CAR SPACE - STRONG INVESTMENT PROPERTY<br/><br/>Sales & Lettings Angels are delighted to present this exceptional one-bedroom apartment, ideally positioned in the heart of Cardiff city centre. Offering impressive panoramic views and high-quality, contemporary interiors, this well-maintained property represents an excellent opportunity for both investors and owner-occupiers alike.<br/><br/>Situated on the 12th floor of the highly sought-after Altolusso development, the apartment features a spacious open-plan kitchen and living area, designed with a sleek, modern aesthetic. Floor-to-ceiling windows flood the space with natural light while showcasing stunning city views. The adjoining bedroom is generously proportioned and benefits from built-in storage, complemented by tasteful, high-end finishes throughout. The bathroom is equally well-appointed, featuring a large walk-in shower and stylish, modern fittings.<br/><br/>Residents of Altolusso enjoy an exceptional standard of living, with a range of premium on-site facilities including a 24-hour concierge service, secure entry intercom system, and gated fob access to an allocated parking space. The annual service charge is £3,363.46 and includes water, building insurance, and maintenance of both internal and external communal areas.<br/><br/>Ideally located, the property provides immediate access to Cardiff’s extensive range of amenities, including retail, dining, leisure, and green spaces, all within walking distance.<br/><br/>Currently tenanted at £1,300 PCM (£15,600 per annum), the property offers a strong potential yield of approximately 9.4%, making it a compelling investment opportunity. The current tenant has expressed an interest in remaining in situ, subject to agreement with the purchaser. Please note the furniture belongs to the present owner, but can be negotiated to be included in the purchase. <br/><br/>Please note, we are currently awaiting a letter of comfort to assist with mortgage lending.<br/><br/>Service charge - £3,363.46 annually<br/>Ground rent - £143<br/>Length of lease - 102 years remaining<br/>EPC rating - B<br/>Council tax band - E<br/>Management company - FIRSTPORT<br/><br/>