A one-bedroom investment apartment is up for sale by public auction in the iconic mansion block of Cardiff's city center. The property is located on the fourth floor and features a spacious hallway, sitting room, double bedroom, kitchen, and bathroom, with original parquet floors and sash windows. The apartment is currently let for £950 per month, representing an initial gross yield of 12.7%. The buyer will need to pay a buyer's premium of 1.2% with a minimum of £1,200 (inc VAT) payable on exchange of contracts. The property is being sold with a reserve price, which is within 10% of the guide price, and the guide price is intended to give potential buyers an idea of the property's value. Viewings are available by appointment with the auctioneers, Seel and Co.