property.
Penarth Road
Cardiff
Guide price £180,000
£180,000
Tenure: Freehold
Ref: CTN108621
- Sale by modern auction (t&cs apply)
- Subject to an undisclosed reserve price
- Buyers fees apply
- Perfect airbnb investment property
- Potential yield in excess of 10%
- Three immaculate units to let-out
- Minutes from city centre & bay area
- Seconds from local shops & eateries read more show less
monthly mortgage estimate
Potential yield in excess of 10%! The perfect AirBnB Investment Property! Close-proximity to the city-centre, located within minutes of Cardiff city centre & Cardiff Bay area is this recently renovated building, offering in excess of 1200 SqFt of accommodation, spread over three floors.
are you thinking of
selling or letting?
Council Tax Band: D
Tenure: Freehold
floor plans
in detail
Each floor houses a well presented bedroom/lounge with a 'high-gloss' kitchenette (the ground floor unit has seperate kitchen) and bath/shower room.
On-top of the close-proximity to the city-centre, the local-area offers masses of independent shops, eateries, transport links and easily accessible on-street parking, all of which help will assist in the property achieving a consistantly-high occupancy-rate throughout the year.
Please call Allen & Harris Canton today for more information.
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
On-top of the close-proximity to the city-centre, the local-area offers masses of independent shops, eateries, transport links and easily accessible on-street parking, all of which help will assist in the property achieving a consistantly-high occupancy-rate throughout the year.
Please call Allen & Harris Canton today for more information.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Entrance Hall
Bedroom / Lounge
Irregular Shaped Room 16' 9" max x 11' 1" max ( 5.11m max x 3.38m max )Kitchen
13' 4" x 5' 9" ( 4.06m x 1.75m )Shower Room
Irregular Shaped Room 14' 4" x 6' 8" ( 4.37m x 2.03m )First Floor Hall
Lounge / Bedroom Kitchenette
Irregular Shaped Room 16' 9" x 11' 1" ( 5.11m x 3.38m )Shower Room
13' 4" x 12' 1" ( 4.06m x 3.68m )Second Floor Hall
Lounge / Bedroom Kitchenette
Irregular Shaped Room 16' 9" max x 11' 1" max ( 5.11m max x 3.38m max )Shower Room
13' 4" x 12' 1" ( 4.06m x 3.68m )
location
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energy efficient rating
Monthly mortgage estimate
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Canton, Cardiff team...
183 Cowbridge Road East
CARDIFF
South Glamorgan
CF11 9AJ
CARDIFF
South Glamorgan
CF11 9AJ
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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE
QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR
MORTGAGE.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY
AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU REMORTGAGE.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.