No longer on the market
This property is no longer on the market
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Floorplan
Map2 bedroom apartment
Key information
Features and description
- For sale by online auction
- 6 weeks’ completion
- Ground rent and Service charge paid for 2025
- First floor apartment
- Allocated parking
- Leasehold with vacant possession
Video tours
The apartment is located on the first floor and features a spacious open-plan living and dining area with oak flooring, a fully fitted kitchen, two well-proportioned bedrooms, and a family bathroom. The master bedroom further benefits from a private en-suite shower room.
With an estimated rental value of £1,000 per calendar month, the property offers a gross rental yield of approximately 10.4%, making it a highly attractive option for buy to let investors seeking strong returns.
Sirius House is conveniently located close to Cardiff Bay’s wide array of amenities, including bars, restaurants, and shops, while also offering easy access to Cardiff city centre and public transport links such as Cardiff Bay train station and regular bus routes.
PLEASE NOTE: The Building Safety Developer Remediation within the legal pack states that the developer will cover any costs associated with life-critical fire-safety remediation work arising from the design, construction or refurbishment of the building. This is also confirmed in the letter of commitment.
Rooms
Auction
To be sold by online auction (unconditional) on Thursday 31st July 2025 with a 6 WEEK COMPLETION, bidding will open at 10.00.
To view
Viewings will be conducted prior to the auction, please visit our website to book an appointment at firstforauctions.co.uk
Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
Tenure
Leasehold with vacant possession
Lease
125 years from 1 January 2006 - 105 years remaining.
Ground rent and service charge
Ground rent - £75 every half year. 2025 has been paid in advance by the seller for period 1st July 2025 - 31st December 2025
Service charge - £1,760.03 every half year. 2025 has been paid in advance by the seller for period 1st July 2025 - 31st December 2025
EPC rating
C
Council tax band
D - Cardiff
Legal pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor. The documents may not tell you everything you need to know about the property and you are required to complete your own due diligence before bidding.
Guide prices
Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.
Additional fees
A buyers charge of £1,500 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.
Deposit
If you are the highest bidder when the auction ends, contracts are exchanged between you and the seller. Both parties are legally bound to complete the transaction as per the special conditions in the legal pack. Your card will be automatically debited for the bidder security amount of £6,000 and we'll require the remaining balance for a 10% non-refundable deposit. We will contact you after the auction has finished to make these arrangements.
Pre-auction offers
These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".
Mortgage finance
We advise all bidders who require a mortgage to confirm with their Financial Advisor as to whether or not the lot you are interested in would be suitable security to borrow finance against, prior to bidding. If you need to arrange a mortgage it is important that you obtain an offer from your lender before the day of the auction. Most building societies and banks will instruct a surveyor to prepare a valuation report before making a mortgage offer.
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