South Luton Place, Cardiff CF24 5 bed terraced house for sale

>

South Luton Place, Cardiff CF24 5 bed terraced house for sale

South Luton Place, Cardiff CF24
£265,000

Our Summary

  • FOR SALE BY PUBLIC AUCTION: The auction will take place online on 28th October 2025 at 04:33 PM with registration through our website
  • Investment opportunity to acquire this mid terraced property consisting of 2x2 bed flats and x1 Studio flat on South Luton Place in Cardiff representing an initial gross yield of circa
  • 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

This mid-terrace property in Cardiff is an investment opportunity offering an initial gross yield of circa 10.5%. The property consists of two 2-bedroom flats and one studio flat, all currently occupied, with a combined rental income of circa £2,329 per month. The property is located close to local amenities and transport links, and within a short distance to Cardiff City Centre. The property appears to be of brick/blockwork construction with a rendered finish and decorative stone under a pitched roof, with uPVC double glazed windows and doors. The buyer will need to pay a buyer's premium of 1.2% with a minimum of £1,200 (inc of VAT) payable on exchange of contracts. The guide price is not disclosed, but the reserve price will be within + or - 10% of the guide price. Viewings are by appointment with the auctioneers, Seel and Co.