Local property market information for the serious investor

Ideal investment property in Cardiff Bay

This is an ideal investment opportunity in the popular Celestia development

This one bedroom fifth floor apartment has just come on the market with Allen and Harris for £122,500. From the photos it looks in pretty good condition so looks like it is ready for tenants. The location is great for attracting potential tenants as it is just a few minutes walk to Mermaid Quay and the great bars and restaurants it has to offer.

I think you would be looking to achieve a rental price in the region of £650pcm which will gives you a yield of around 6.4% which is not bad!

For more photos click here http://www.zoopla.co.uk/for-sale/details/38970150

Kate Gwinnutt

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