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Westgate Street, Cardiff CF10 1 bed apartment for sale
Westgate Street, Cardiff CF10
£71,000
Westgate Street, Cardiff CF10
£71,000
Our Summary
- FOR SALE BY PUBLIC AUCTION: The auction will take place online on 16th September 2025 at 04:06 PM with registration through our website
- REDUCED Investment opportunity to acquire this one bedroom apartment in this iconic mansion block in the centre of Cardiff and representing an Initial gross yield of 15%
- DescriptionREDUCED Investment opportunity to acquire this one bedroom apartment in this iconic mansion block in the centre of Cardiff and representing an Initial gross yield of 15%
- The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price
- Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction
Description
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Here is a summarized version of the property description in a single paragraph:
This one-bedroom apartment in an iconic mansion block in Cardiff's city center is an investment opportunity with an initial gross yield of 15%. The fourth-floor apartment features a spacious hallway, sitting room, double bedroom, kitchen, and bathroom, with original parquet floors and sash windows. The property is currently let for £950 per month, or £11,400 per annum, and is available for sale through public auction on September 16, 2025. The buyer will be required to pay a buyer's premium of 1.2% with a minimum of £1,200 (inc VAT) on exchange of contracts, and may also be subject to further disbursements. The property is sold with a reserve price, which will be within 10% of the guide price, and is available to view by appointment with Seel and Co.