Lot 64 - Ravenswood, 536 Watkiss Way, Cardiff, South Glamorgan, CF11 0SD

  • Unconditional Online Auction Sale
  • Guide Price* : £110,000 +
  • Bedrooms: 2
  • Bathrooms: 2
  • Reception Rooms: 1

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Lot 64 - Apartment for Investment

Description

ONLINE AUCTION from 10th MARCH -12th MARCH 2026

A 2 bedroom apartment on the 5th floor located on the gated Victoria Wharf development in Cardiff Bay.

The apartment offers a lounge, fitted kitchen, 2 bedrooms and bathroom. The master bedroom benefits from an en-suite shower room. Further benefits include a balcony, offering waterside views and allocated parking. It also offers concierge, secure gated entry and is within walking distance of Cardiff Sports Village and Penarth Marina. The area offers a range of bars and restaurants.

The property has previously been let and has enjoyed good occupancy levels. We would anticipate the apartment could achieve approximately £1,100 per calendar month.

Located in the heart of Cardiff Bay, Victoria Wharf is perfectly positioned for enjoying local attractions, including dining, shopping, and entertainment, all while being a stone’s throw from the city centre.

Conveniently positioned for road access via Watkiss way with nearby links to the A4055 and the A4232 offering access to Cardiff City Centre, Penarth, Barry and the M4 motorway.

Accommodation

Ground Floor: Communal entrance, lift and stairs to other floors
Fifth Floor Entrance, Lounge diner, fitted kitchen, bathroom, two bedrooms, ensuite
Outside Allocated Parking

Lease Start Date

24/06/2005

Lease Duration

125 years (104 years unexpired)

Tenancies

To be sold with vacant possession

INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email lettings@paulfoshlettings.com for invaluable advice.

Tenure

Advised Leasehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.

If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.

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