Romilly Crescent, Pontcanna, Cardiff
£450,000
OIRO
Property Summary
Maison are proud to announce a fantastic opportunity for a buyer or investor. This incredibly well-presented property comprises of a ground floor shop premises and a 4 bedroom, duplex apartment with a balcony and garden.
A characterful four-bedroom apartment is in the popular area of Pontcanna near the Millennium Stadium and 10 to 15 minutes walk from the centre. The accommodation would be perfect for serviced accommodation and or as a family home.
The property will benefit from a 999 lease with no ground rent. The lease will provide that the interior and the windows are demised to the owner. Upon completion of the sale of both the property and adjacent commercial space (constituting the whole of the building of which the property forms part), the intention would be to permit the setting up of a management company (with the long leaseholders of the property and adjacent commercial space being shareholders and directors of such management company) to manage, decision-making and any structural works and insurances (by way of the transfer of the freehold reversion into the management company) . A service charge will be payable subject to a costed budget and forecast to deal with ongoing structural maintenance / exterior decoration and the cost of keeping the building adequately insured.
A characterful four-bedroom apartment is in the popular area of Pontcanna near the Millennium Stadium and 10 to 15 minutes walk from the centre. The accommodation would be perfect for serviced accommodation and or as a family home.
The property will benefit from a 999 lease with no ground rent. The lease will provide that the interior and the windows are demised to the owner. Upon completion of the sale of both the property and adjacent commercial space (constituting the whole of the building of which the property forms part), the intention would be to permit the setting up of a management company (with the long leaseholders of the property and adjacent commercial space being shareholders and directors of such management company) to manage, decision-making and any structural works and insurances (by way of the transfer of the freehold reversion into the management company) . A service charge will be payable subject to a costed budget and forecast to deal with ongoing structural maintenance / exterior decoration and the cost of keeping the building adequately insured.