Magretian Place, Cardiff

£140,000 Offers Over
£140,000 Offers Over
Sold STC
1 Bathrooms
1 Bedrooms
1 Receptions

Property Features

  • SELF-CONTAINED GROUND FLOOR 1-BEDROOM APARTMENT
  • HAS ITS OWN ENTRANCE
  • WALKING DISTANCE TO THE CITY CENTRE AND CARDIFF BAY
  • OFF-ROAD PARKING
  • LARGE OPEN PLAN LIVING
  • WATER & GAS INCLUDED IN MAINTENANCE CHARGES
  • OVER 900 YEARS REMAINING ON THE LEASE
  • CLOSE PROXIMITY TO THE CITY CENTRE & LOCAL AMENITIES AND PUBLIC TRANSPORT
  • PATIO AREA
Magretian Place, Cardiff
Presented by
Ryan Cole
Associate
029 2052 2106

Chambers Estate Agents are delighted to bring to the market this self-contained, 1-bedroom, ground floor apartment which has its own entrance and is situated in a in a modern development. The property is within walking distance to the city centre and Cardiff bay.

The accommodation briefly comprises, entrance hall, large living room, fitted kitchen, one bedroom which includes fitted wardrobes bathroom and two storage cupboards. The property further benefits from gas central heating, patio area and off-road parking. The gas & water rates are included in the maintenance charges (see additional information for further details)

South Mews is a popular modern development situated just off Lloyd George Avenue which is within walking distance to Cardiff City Centre and Cardiff Bay both which offer a good number of shops, bars & restuarants. There is frequent public transport  with a central trainline accessed at Cardiff Central Station and the main bus route located on Lloyd George Avenue, both within a short walk. The access roads for the A4232 and M4 Motorway are just a short drive. 

Since purchased in 2003 the property has been let out and has never been vacant. The current rental figure we would expect to achieve for this property would be between £600 PCM & £650 PCM. Based on the asking this would give you a rental yield of roughly 5%. The property would also be very popular on Airbnb for big sporting events and concerts due to its central location.

  • Ref: 17667799
  • Type: Apartment
  • Availability: Sold STC
  • Bedrooms: 1
  • Bathrooms: 1
  • Reception Rooms: 1
  • Tenure: Leasehold
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  • Floorplan
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Additional Information

Additional Information
Tenure: Leasehold - over 900 years remaining on the lease (to be verified by a solicitor)
Council Tax Band: D
Land Transaction Tax: £0.00 (based on the asking price)
Maintenance Charges: £135.00 per month (includes gas & water rates)
Ground Rent: £100 paid every 6 months