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5 bedroom terraced house for sale
21 South Luton Place, Cardiff, CF24 0EX
£265,000
21 South Luton Place, Cardiff, CF24 0EX
£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 on South Luton Place in Cardiff offers an investment opportunity with an initial gross yield of circa 10.5%. The property consists of two 2-bedroom flats and one studio flat, all currently occupied, with functional living spaces, bedrooms, bathrooms, kitchens, and living areas. The property is located close to local amenities and transport links, and within a short distance to Cardiff City Centre. The current rental income is circa £2,329 per month, and the property is being sold as a freehold. The auction will take place online on October 28th, 2025, with registration through the auctioneer's website. The buyer will be required to pay a buyer's premium of 1.2% with a minimum of £1,200 (inc of VAT) payable on exchange of contracts.