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Property Details: • Type: Apartment • Tenure: LEASEHOLD • Floor Area: N/A
Key Features: • SECOND FLOOR APARTMENT • LARGE STYLE STUDIO • JULIET BALCONY • VIEWS TO LANDSCAPED GARDENS • LEISURE FACILITIES ON SITE • INVESTMENT OPPORTUNITY • OCCUPATION CONTRACT IN PLACE
Location: • Nearest Station: Cogan Station • Distance to Station: 0.7648803383041943 miles
Agent Information: • Address: 198 Cowbridge Road East Canton Cardiff CF5 1GX
Full Description: <p>Exclusive to Squarefoot! Investment Opportunity – 9.1% Gross Yield!</p><p></p><p>We are delighted to offer for sale this well-presented studio apartment in the sought-after Prospect Place development, currently achieving £795 PCM and offering an attractive gross annual yield of approximately 9.1% based on the asking price of £105,000.</p><p></p><p>Situated on the second floor, the property enjoys views over the beautifully landscaped communal gardens and benefits from a modern, open-plan layout, with a cleverly positioned bedroom area offering a degree of separation from the living space. The contemporary kitchen includes integrated appliances, comprising a fridge/freezer, washer/dryer, ceramic hob and electric oven. The accommodation further comprises an entrance hallway with storage and a modern bathroom.</p><p></p><p>Prospect Place boasts an excellent range of on-site facilities, including a 24-hour concierge, swimming pool, two gyms, landscaped communal gardens, an allocated parking space and additional visitor parking. The development is conveniently located opposite two retail centres, offering supermarkets, restaurants, bars and other amenities, with the M4 motorway just a short drive away. The property is currently let, providing an opportunity for investors seeking an income-producing asset.</p><p></p><p>EWS1-related works are scheduled for completion towards the end of 2026. Prospective purchasers are advised to consult their mortgage lender and solicitor regarding the current status of the works and any implications for lending.</p><p></p><br /><strong>Building Safety</strong><br />NO EWS1
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