We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts workTerraced house · CF11 6JT
Listing removedListed 96 daysAuction 15 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY PUBLIC AUCTION: The auction will take place online on 15th September 2026 at 04:45 PM with registration through our website.
REDUCED Freehold interest in a three storey building close to Cardiff city centre comprising three leasehold apartments with current income totalling £847 per annum Description REDUCED Freehold interest in a three storey building close to Cardiff city centre comprising three leasehold apartments with current income totalling £847 per annum The property comprises three apartments which we are informed each pay £199 per year for management costs.
The second floor apartments pays £250 per year ground rent and the remaining two apartments are at peppercorn ground rent (nil) at present.
The management charges of £199 per annum plus £250 per annum for the ground rent totals £847 per annum but please consult the legal pack for confirmation of all tenancies and incomes.
Accommodation Ground rent - £250pa Management income - £597pa Total income of £847 pa, please though consult the legal pack for confirmation of all incomes and tenancies.
Informed Freehold please refer to legal pack for verification of tenure Additional Fees Buyer’s Premium – 1.2% with a minimum of 500.00 (inc of VAT) payable on exchange of contracts.
Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion. Each property sold is subject to a Reserve Price.
The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price.
The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.
Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Further Information Auctioneers Office, Seel Auctions Viewing Viewing by appointment with Seel Auctions
Value & comps
No previous sales on record.
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Returns
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Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
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See projected short-stay revenue vs a vanilla BTL for this property.
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Area
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FAQ
About FREEHOLD INTEREST, 93 Penarth Road, Cardiff, CF11 6JT
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