Victoria Wharf, Watkiss Way, Cardiff(City), CF11
PU

Victoria Wharf, Watkiss Way, Cardiff(City), CF11

By Pure Investor

£ 115,000

Reviews

2 out of 5 stars

Pure Investor says ..

Pure Investor brings to the market this 1 bedroom 6th-floor apartment for sale in the Alexandria, Victoria Wharf development. Offering buyers the opportunity to earn a gross yield of 10.1% and an annual rental income of £11,100.

Property Oracle says ..

This one-bedroom apartment in Grangetown, Cardiff, presents a reasonable option for first-time buyers or investors. Located within Victoria Wharf, the property offers a convenient position with relatively easy access to Cardiff Bay and its attractions. The apartment itself is presented in good order, with a well-maintained kitchen and bathroom visible in the photos. The presence of a small balcony provides some outdoor space, although the lack of a garden is a significant point to consider. The nearby train station adds to the property’s desirability for commuters. While the condition of the apartment is satisfactory, potential buyers should be aware that it is not a luxury property. It may benefit from minor upgrades, though its current state is acceptable. Given the asking price and the features of nearby properties, this apartment represents a viable option within its context, although there is not a significant margin for exceptional value. The average prices per sqft in nearby streets could not be used in the analysis due to the lack of data, thus making it harder to ascertain a concrete comparative value. The absence of this crucial data limits the overall pricing assessment and prevents a definitive conclusion of above- or below-market value.

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

Price
7
Condition
6
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
552.19

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Agent Activity

  • Pure Investor created the listing.

Images