1 Bedroom Flat with Balcony, communal gym and pool

Cardiff
1 Bed 1 Bath 742 sqft
1 Bedroom Flat with Balcony, communal gym and pool

A well-presented third floor one bedroom apartment situated within the popular Penstone Court development at Geneva House. Offering modern living accommodation, the property benefits from a private balcony, secure undercroft parking, and a convenient location close to local amenities and transport links. The apartment comprises a welcoming entrance hallway with storage, a bright and spacious open-plan living and dining area with access to the balcony, and a contemporary fitted kitchen with integrated appliances. The generous double bedroom provides a comfortable retreat, complemented by a modern bathroom suite. Enjoying an elevated position on the third floor, the apartment offers a light and airy feel throughout, with the added benefit of outdoor space ideal for relaxing or entertaining. The property also includes allocated undercroft parking, providing secure and convenient parking. An ideal home for first-time buyers, professionals, or investors looking for a well-connected and low-maintenance apartment in a desirable development. Boasting a gated community located with access to the pool and gym facilities, viewings are highly recommended! I am advised that there are 999 years on the lease from January 2001, and that the service charges are £1494.58 per annum and ground rent £42.118 every six months. EPC: C

Offers Over

£165,000

Verified Listing
Monthly Income£1,050
Gross Yield7.64%
Tenancy statusVacant
Service Charge£1,494.58/yr
Include Mortgage Payment

Assumes a 75% Loan-to-Value (LTV) interest-only mortgage at an estimated 5.5% annual interest rate.

Yearly Rent£12,600
Yearly Service Charge£1,494.58
Net IncomeBefore tax & financing costs
£11,021.18/yr
LocationCardiff
Property type
Flat
Bedroom
1 Bedroom
Bathroom
1 Bathroom

Enquire for Detailed Returns Breakdown & Investment Documents.