Book a Viewing

To book a viewing for this property, please call Harry Harper Sales & lettings, on 02920310555.

To book a viewing for this property, please call Harry Harper Sales & lettings, on 02920310555.

For Sale
£115,000

1 Bedroom Apartment, Falcon Drive, Cardiff, CF10

Falcon Drive, Cardiff, CF10


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Harry Harper Sales & lettings

85 Cathays Terrace, Cardiff

Description

Fantastic Investment Opportunity - Located in the heart of Cardiff Bay, this one-bedroom first-floor apartment in Atlas House is an excellent investment opportunity, currently tenanted at £850 per month. With a gross rental yield of approximately 8.5%, this property is ideal for investors looking for a strong return.

Modern Apartment With Open-Plan Living - The apartment is designed with a modern open-plan layout, creating a light and airy feel throughout. The living area features a corner window, allowing plenty of natural light, making it an inviting space to relax or entertain. The kitchen area is fitted with an electric oven, hob, fridge/freezer, sink, and a kickboard heater, providing both practicality and comfort.

Well-Appointed Double Bedroom - The spacious double bedroom benefits from a built-in double fitted wardrobe, offering excellent storage solutions while keeping the room uncluttered. Its neutral décor provides a blank canvas for any prospective buyer or tenant.

Fitted Bathroom & Additional Storage - The bathroom is fitted with a shower over bath, ideal for both quick showers and relaxing baths. A large built-in storage cupboard houses the hot water cylinder, ensuring efficiency while offering extra space to keep belongings neatly stored away.

Secure & Convenient Parking - One of the standout features of this property is its gated, allocated parking space—a sought-after benefit in Cardiff Bay. The secure entry system adds peace of mind for residents.

Lift Access & Secure Building - The apartment is situated on the first floor within a well-maintained building that benefits from a lift servicing all floors. This makes it convenient for all occupants, whether they are residents or tenants.

Prime Location – Cardiff Bay Living - Situated in Cardiff Bay, this property offers easy access to the area’s fantastic amenities, including shops, restaurants, and leisure facilities. The vibrant Mermaid Quay is just a short distance away, offering a selection of bars, cafes, and entertainment options. The location also benefits from excellent transport links, making it convenient for professionals working in the city centre or beyond.

Ideal For Investors Or First-Time Buyers - With its strong rental yield, modern design, and excellent location, this apartment is perfect for investors looking for a high-demand rental property. Additionally, it presents an affordable entry point for first-time buyers looking to step onto the property ladder in a sought-after area.

Don’T Miss Out! - Properties in this location, especially with such a strong rental yield and secure parking, don’t stay on the market for long. Contact Harry Harper Sales & Lettings today to arrange a viewing and secure this fantastic investment opportunity!

Tenure - We have been advised by the Vendor that the property is LEASEHOLD with Approx 105 years remaining on the lease. Ground Rent is £138.00 Per Year. Annual Service Charge is £3,000, inclusive of Water Rates & Buildings Insurance.

Council Tax - Band D.

Please Note - All buyers are required to complete a digital Anti-Money Laundering (AML) check via MoveButler as part of the legal compliance process. This is a mandatory requirement, and a £20 fee per person is payable directly to MoveButler. The purchase cannot proceed without successful completion of this check.


EPC Rating: D

Key Features

  • Investment Opportunity – approx. 8.5% gross yield
  • Gated & allocated parking space
  • Open-plan living/kitchen area
  • Fitted bathroom with shower over bath
  • UPVC double glazing & electric heating
  • One-bedroom first-floor apartment
  • Lift access to all floors
  • Double bedroom with fitted wardrobe
  • Large storage cupboard with hot water cylinder
  • Sought-after Cardiff Bay location

Property Details

  • Property type: Apartment
  • Price Per Sq Foot: £191
  • Approx Sq Feet: 603 sqft
  • Plot Sq Feet: 4,058 sqft
  • Property Age Bracket: 2000s
  • Council Tax Band: D
  • Tenure: Leasehold
  • Lease Expiry: 31/07/2130
  • Ground Rent: £138.00 per year
  • Service Charge: £3,000.00 per year
Please note, property and plot sizes displayed are for guidance purposes only and may have been derived from publicly available information over which neither the agent nor Street.co.uk have control.

Floorplans

Parking Spaces

Allocated parking

Capacity: 1

Location

Prime Location – Cardiff Bay Living - Situated in Cardiff Bay, this property offers easy access to the area’s fantastic amenities, including shops, restaurants, and leisure facilities. The vibrant Mermaid Quay is just a short distance away, offering a selection of bars, cafes, and entertainment options. The location also benefits from excellent transport links, making it convenient for professionals working in the city centre or beyond.

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By Harry Harper Sales & lettings

Disclaimer - Property ID 68913fd0-8c0c-47e9-b1bf-c82e9dd9534b. The information displayed about this property comprises a property advertisement. Street.co.uk and Harry Harper Sales & lettings makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Street.co.uk has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the advertising agent. Please contact the agent or developer directly with any questions about this listing.