Initial price	£76,000
06/08/25	£71,000
03/09/25	£72,000
Price Change	-5.26%

This one-bedroom apartment in a iconic mansion block in the heart of Cardiff is being sold by public auction on September 16th, 2025. The property, located on the fourth floor, features a spacious hallway, sitting room, double bedroom, kitchen, and bathroom, with original parquet floors and sash windows. The apartment is currently let for £950 per month, generating an initial gross yield of approximately 9%. The service charge is approximately £4,740 per year. The property is being sold as a leasehold, with further details available in the legal pack. The buyer will be required to pay a buyer's premium of 1.2% with a minimum of £1,200 (inc VAT) payable on exchange of contracts. The guide price for the property is not disclosed, but the reserve price will be within + or - 10% of the guide price. Viewings can be arranged by appointment with the auctioneer, Seel and Co.