Lot 15 - Flat 207 Capella House, Falcon Drive, Cardiff, CF10 4RE

  • Unconditional Online Auction Sale
  • Guide Price* : £112,000+
  • Bedrooms: 2

Apartment for Investment

Description

ONLINE AUCTION from 1st FEBRUARY-3rd FEBRUARY

An excellent rental investment, this fourth floor (lift service) high specification two bedroom, two bathroom apartment is situated on this popular gated Cardiff Bay development with 24-hour concierge.

Within walking distance of Mermaid Quay with its wealth of restaurants and bars and only minutes away from all the Cardiff Bay attractions. Excellent transport links via rail and motorway links.

Currently let at £775 per month though similar properties in the area are now achieving approximately £900 - £1000 per month.

Cardiff Bay is renowned for its entertainment and leisure facilities includes the Red Dragon Centre which is the ultimate entertainment destination combining big screen movies with ten pin bowling, cool bars, restaurants and cafes, fitness, gaming, and free customer parking. The 18 screen cinema is home to the only digital IMAX screen in South Wales, offering the ultimate big screen movie experience. There is also a 26-lane bowling alley, 24-hour Casino boasting fantastic food, entertainment and events, and a 28,000 sq.ft state of the art gym. Broadcasting legends Capital FM and Heart FM also broadcast live from the centre so don’t be surprised if you spot a celebrity or two! Restaurants offer cuisine from all over the world.

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 adrian@paulfoshlettings.com for invaluable advice.

VIRTUAL TOUR

Accommodation

Fourth Floor: Hallway with large storage/boiler cupboard, open plan integral kitchen/dining area/lounge, 2 bedrooms, luxury bathroom and en-suite
Outside: Communal Piazza waterfront gardens, gated allocated parking, secure bike store

Tenancies

To be sold with sitting tenant

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 of 1.2% of the purchase price (subject to a minimum of £975) 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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Paul Fosh Auctions
01633 254044

Office Contact

Angie Davey

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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.

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