1 Bedroom Apartment

Uppercliff Close, 
Vale Of Glamorgan, 
CF64 1BE
Purchase price
£120,000
  • Tenanted
ATTENTION INVESTORS - GENERATE IMMEDIATE INCOME ON THIS TENANTED INVESTMENT! Generate a 6% NET return on this fantastic one bedroom apartment in the lovely town of Penarth, just 17 minutes from the Welsh Capital.
  • Financial Performance*
Gross rent
£7,800
Service charge
£600
Net income
£7,200
Gross yield
6.5%
Net yield
6.0%
  • Key Features
  • Excellent investment opportunity
  • 6% NET return
  • No ground rent
  • One bedroom apartment
  • Conservatory
  • Communal garden
  • Walking distance to the town centre
  • Short train journey to Cardiff
  • Lots off attractions
  • Enquire today for further details

yieldit present a fantastic investment opportunity in the Vale of Glamorgan. Being sold with a tenant in situ, you can enjoy an immediate return on investment and an impressive yield of 6% NET. With a leasehold tenure of which no ground rent is payable and the freehold can be purchased by separate negotiation, this is an opportunity not to be missed.

Positioned on a quiet cul-de-sac in the seaside resort of Penarth, this first floor apartment briefly consists of spacious lounge; separate fully fitted kitchen; double bedroom; bathroom with three-piece suite and a small conservatory which is perfect for enjoying the summer months. The property further benefits from a shared rear garden.

Uppercliff Close is a short walk to the Marina and Penarth Town Centre which offers a wide range of amenities. Penarth is just across the water from Cardiff Bay and is a short 17-minute train journey to the Welsh Capital of Cardiff, ideal for those wanting easy access to all of the culture and entertainment in addition to the educational and employment opportunities it has to offer.

Penarth is a town overlooking the Bristol Chanel known as “The Garden by the Sea”, it attracts a huge amount of visitors due to it’s old Victorian charm, wide mix of attractions, shopping facilities and picturesque pier. Residents of the seaside resort can enjoy cliff-top walks, boat trips and enjoy the surrounding Glamorgan countryside.

  • Financial Performance *
Gross rent
£7,800
Service charge
£600
Net income
£7,200
Gross yield
6.5%
Net yield
6.0%
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC
Energy Performance Rating