Studio for sale in Cardiff CF10, 0 Bedroom

A Stylish studio apartment in the heart of the City Centre. Meridian Plaza is located next to Altolusso, opposite John Lewis and a short walk to the Hayes. This furnished apartment is situated on the 5th floor and comprises of entrance hallway, lounge, modern fitted kitchen (including a dishwasher), Concealed double bed and fitted wardrobes, modern fitted bathroom with a shower over the bath and underfloor heating. The property is furnished and benefits from stylish, modern furniture throughout. The water rates are not included. The property is currently tenanted at £700 pcm, £8,400PA - 6.7% return.

Entrance Hallway

Enter via front door onto entrance hallway. Laminate flooring, smooth plastered walls and ceiling, Storage cupboard, Wardrobes and Utility cupboard housing hot water tank and plumbing for a washing machine, Door to bathroom and opening onto the main room.

Bathroom (1.99m x 1.99m (6'6" x 6'6"))

Modern fitted bathroom suite comprising panelled bath, tiled walls and flooring, low level WC and wash hand basin. Towel radiator, smooth plastered ceilings with recessed spotlights.

Kitchen / Living / Dining / Sleeping (7.12m x 4.23m (23'4" x 13'10"))

Open plan living, kitchen dining and sleeping area. The apartment benefits modern fitted kitchen with built in electric oven, hob and extractor over, built in microwave, fridge freezer and dishwasher. Stainless steel sink, mixer tap and drainer, matching base and eye level units with contrasting worktops, smooth plastered walls and ceiling with recessed spotlights. Laminate flooring continued. Large sliding doors to the rear of the apartment that open on to a Juliette Balcony.

The current owner has maximised the space by installing a Sweedish fold away bed that then hides as a wall unit when not being used.

Tenure

We are informed by the owner that the property is Leasehold, This is to be confirmed by your legal advisor.

Service Charges

We are informed by the owner that the service charge for 2017 is £1,402.86 and is paid £701.43 every 6 months.

Ground Rent

We are informed that this is approx £200 and included in the service charge. This is to be confirmed by your legal advisor.

Lease Details

999 Years for new (2009) so there are approximately 990 years remaining

Additonal Information

The property is currently tenanted at £700PCM, £8,400PA which is a potential yield of 6.7%
Walking distance to Central Square and the Train station
The property is owned by a relative of JeffreyRoss.

Ideal investment in the heart of the City centre in one of Cardiff newest Developments.