A one-bedroom investment apartment is being sold at auction in a iconic mansion block in the heart of Cardiff. The fourth-floor apartment features a spacious hallway, sitting room, double bedroom, kitchen, and bathroom, with original parquet floors and sash windows. The property is currently let for £950 per month, generating an initial gross yield of 12.7%. The apartment is being sold with a buyer's premium of 1.2% and additional fees, with the reserve price being agreed between the seller and auctioneer prior to the auction. The property is available to view by appointment with Seel and Co, and the auction will take place online on June 10th, 2025.