Initial price	£82,000
12/07/25	£76,000
Price Change	-7.32%

This one-bedroom apartment in a iconic mansion block in Cardiff's city center is being sold by public auction on July 29, 2025, with an initial gross yield of 12.7%. The fourth-floor apartment features lift access, original parquet floors, and sash windows, and includes a spacious hallway, sitting room, kitchen, bathroom, and double bedroom. The property is currently let for £950 per month, representing an initial gross yield of 12.7%. The buyer will need to pay a buyer's premium of 1.2% with a minimum of £1,200 (inc VAT) payable on exchange of contracts. The property is sold with a reserve price, which is within 10% of the guide price, and can be subject to change up to and including the day of the auction. Viewings can be arranged by appointment with Seel and Co.