MGY says ..

Property Oracle says ..

This two-bedroom apartment in Lakelands Court, Cyncoed, Cardiff, is currently listed for £250,000. The property is being sold with a sitting tenant until July 2025, generating a rental income of £1050 per calendar month. This makes it an attractive option for buy-to-let investors. The location in Cyncoed is highly desirable due to its proximity to excellent schools, including Cardiff High School and Rhydypenau Primary School, and its easy access to public transportation via several nearby train stations. The images reveal a modern apartment with what appears to be recently updated interiors, a decent sized kitchen and good-sized living area. However, the property’s main drawback is its lack of private outdoor space. The property does benefit from communal gardens, but these are relatively small. The price appears reasonable, particularly for the location, when considering comparable sales in the area. The fact that it’s a tenant-occupied property should be noted, however, as potential buyers must factor in the tenant’s lease until the aforementioned date. The absence of precise square footage data for comparable properties and the absence of Ofsted rating and reports for the mentioned schools, limits the comprehensive analysis of the property and its surrounding amenities.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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