Studio for sale
Key information
Property description & features
- Tenure: Leasehold (984 years remaining)
- Prime Cardiff City Centre location, offering the ultimate urban lifestyle.
- Prestigious 6th floor studio in Meridian Plaza, blending luxury with convenience.
- Secure leasehold with an extensive 984 year term, ensuring long term value.
- 24/7 Concierge service, enhancing security and everyday living.
- EWS1 Certification, guaranteeing building safety and peace of mind.
- Strong rental demand demonstrated by recent let at £950 pcm.
- Modern fitted kitchen equipped with Bosch appliances and underfloor heating, marrying style and functionality.
- Charming Juliet balcony providing captivating city views.
- Proximity to an array of amenities including shops, bars, and restaurants.
- Excellent transport links, facilitating easy access to Cardiff Central station and the M4, perfect for commuters.
Description - In the heart of Cardiff lies a gem for investors and city dwellers alike: a luxurious studio apartment in the prestigious Meridian Plaza, a beacon of modern living and urban convenience. This exceptional property stands out not only for its prime location but also for its array of unmatched features and amenities.
Property Overview - This studio apartment spans 17' by 13' 11", offering a spacious and well-designed living space. The apartment's high-quality oak flooring creates a warm, inviting atmosphere. A practical utility cupboard provides ample storage, complementing the sleek, modern aesthetic.
Kitchen - The heart of this studio is its contemporary fitted kitchen. Equipped with a range of integrated Bosch appliances including a fridge, freezer, dishwasher, washing machine, oven, and microwave, it caters to all culinary needs. The stylish tile splashback and sink add to the kitchen's functionality, while the double-glazed door opens onto a charming Juliet balcony, inviting natural light and fresh air into the space.
Bathroom - The bathroom is a blend of comfort and style, featuring a bath with an attached shower, WC, and wash hand basin. Its modern fittings ensure a relaxing and convenient bathing experience.
Building Amenities - Meridian Plaza boasts a range of amenities that elevate the living experience. A 24-hour concierge service ensures residents' needs are catered to around the clock. The building's elevators provide easy access to all floors, and the communal areas are meticulously maintained, reflecting the building's overall standard of excellence.
Location - Positioned in Cardiff's bustling city centre, the apartment is a stone's throw away from a plethora of shops, bars, restaurants, and entertainment options. Its central location provides unrivalled access to the city's vibrant culture and nightlife.
Transport And Connectivity - For those commuting or traveling, the apartment's proximity to Cardiff Central train station and the M4 motorway offers excellent connectivity. Whether it's for work or leisure, getting around is effortless.
Investment Potential - With a recent rental history of £950 pcm, this studio apartment is a lucrative investment opportunity. The long 984-year lease further enhances its appeal to investors seeking a stable and long-term income source.
Safety And Compliance - The apartment is EWS1 certified, ensuring compliance with the latest safety standards. This certification provides peace of mind for both residents and investors about the building's integrity.
Parking - While the studio does not come with allocated parking, there is potential for off-road parking via separate negotiation, adding convenience for those with vehicles.
Land Transaction Tax Benefits - Benefiting from the recent stamp duty changes, this property offers additional financial incentives, making it an even more attractive purchase.
Council Tax - Band C.
Tenure - We have been advised that the property is LEASEHOLD, with 984 years remaining on the lease. The original 999 year lease was from 25 December 2008 and expires on the 25 December 3007. Service Charge, which includes Buildings Insurance is £2,342.32. Ground Rent charged at £200.00 per anuum.
Video Tour - The video content showcases the property as of its first launch. Please be advised that certain aspects of the property may have changed since then, and it might appear slightly different today. We recommend a personal visit to experience the current condition and layout of the property.
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Property reference 33011072. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Harry Harper Sales & Lettings - Cardiff.
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Broadband availability and predicted speed: obtained from Ofcom on December 30, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 30, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on December 11, 2018 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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