* Leasehold
* On street/residents parking
* Double glazing
** cash buyers only **
CF24 Property Services are offering for sale a Large One Bedroom Flat located
in Pontcanna, Cardiff. Cash offers are invited in the range of £89, 995. It is
an ideal investment as its rent has just been increased to £600pcm from
£550pcm. So, for the price offered it would achieve an extremely atttractive
return on investment of 8%. Only cash offers will be considered as this
property is situated on top of an A3 takeaway so buyers may have difficulty
getting a mortgage on it. It has more than 80 years remaining on the lease.
There are also no service charges to be paid. Any work required in the
communal area would be shared threeway between freeholders and the leasholders
of each flat. Running costs are also quite low as the EPC is one point of a C
rating which is excellent for na all electric unit.
The flat can be accessed via a communal Ground Floor Entrance that opens up to
a staircase leading to a first floor hallway with access to two flats. The
flat starts on the first floor with a brief landing area followed by stairs
that take you directly into the lounge. The flat is open plan with a very
large lounge and reasonably sized kitchen attached. At the far end of the
lounge is two doors leading to a large Bedroom and Bathroom respectively. The
flat covers the whole of the top floor of the building. It has large double
glazed windows which allow alot of natural light into the property keeping it
well lit and dry all year round.
Some more features are;
\ - Very Spacious Flat approx 40m2+
\ - Leasehold with 80+ years remaining on the lease
\ - No Services Charges (only contribution to building insurance and ground
rent. Total payable only £195 per year approx)
\ - Newly Refurbished
\ - New Cavity Wall insulation and Brand New Storage Heaters
\ - Full Electric Flat
\ - High EPC rating
\ - Open plan lounge and with new fitted kitchen.
\ - Great location just off a busy high street with good travel links.
\ - £94, 995
\ - Sale to be made using modern auction method

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