Claude Road, Cardiff, CF24 Property for sale

FOUR FLATS | CLAUDE ROAD | FAST COMPLETION! PERFECT INVESTMENT OPPORTUNITY.

A substantial freehold investment opportunity situated in the popular residential location of Claude Road, Cardiff.

The property has been converted into four self-contained flats and offers excellent potential for investors seeking to enhance value through refurbishment and asset management.

The accommodation comprises a vacant ground floor two-bedroom flat, providing an immediate opportunity for renovation and re-letting or resale, together with three currently occupied flats generating ongoing rental income. The upper floors consist of a two-bedroom first floor apartment and two further one-bedroom apartments on the upper levels.

While the property would benefit from a programme of modernisation and improvement throughout, it presents significant scope to increase rental yields and capital value. Located within easy reach of Cardiff City Centre, local amenities, universities and transport links, the property is well positioned for strong ongoing tenant demand.

Offered for sale with the benefit of existing tenancies in part and vacant possession of the ground floor flat, this is a rare opportunity to acquire a multi-unit residential investment in a sought-after Cardiff location.

Key Features

Freehold block of four flats

Ground floor two-bedroom flat vacant

First floor one-bedroom flat

Two additional one-bedroom flats

Majority tenanted with income in situ

Requiring refurbishment and improvement

Excellent investment and value-add opportunity

Popular residential location

Close to Cardiff City Centre and local amenities

Potential to increase rental income and capital value

Viewing highly recommended to appreciate the potential on offer.

Auctioneer Comments This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows 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. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.