Local property market information for the serious investor

Two bed with balcony and water views in Victoria Wharf

Happy St Davids Day everyone! Whilst I was browsing the new properties that have come on the market on Zoopla this morning I came across this two bed in Victoria Wharf.

It is a two double bedroom with an ensuite so will appeal to both a couple or working professional sharers. These apartments are always popular as they have 24hr concierge and gated parking. The great benefit with this apartment is that is has a balcony and a decent sized one at that (which they are not always are in some of the Cardiff Bay developments), it also has water views which is an added bonus. Looking at the photos it looks in good condition and doesn’t look like you would need to do anything to get it tenant ready.

The selling agents are Taylors and they have put this property on the market with an asking price of £165,000 and when you look at the potential rental amount that you would be looking to achieve on this which would be around the £750pcm. You could be looking at an annual yield of 5.5%

http://www.zoopla.co.uk/for-sale/details/39640110

Kate Gwinnutt

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