Flat for sale in Wyndham Crescent, Cardiff CF11

** 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 as it's currently rented for £600pcm but the current rental market value is £750. So, for the price offered it would achieve an extremely attractive 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 three-way between freeholders and the leaseholders of each flat. Running costs are also quite low as the EPC is one point off a C rating which is excellent for an 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 a lot 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 70+ 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.
- £84,995
- Sale to be made using modern auction method