Property Listing Details

Property details

  • 7 bedrooms

Description

Invetsment opportunity Let with an income of £52,000 Return 11% Terraced block of mixed accommodation Good access to the City Centre A perfect investment opportunity situated within a highly desirable location, offering an immediate income in excess of £52,000.  We have been advised that the property is fully let, giving a current annual return of in excess of 11%... Located within easy reach of the City Centre, university campuses and local amenities, including Roath Park, make this a hugely popular area to live in. Albany and Wellfield Road and are all but a few steps away with their range of shops, eateries, and bars. This converted property is available for sale and is a blend of mixed accommodation including three studios with individual kitchenettes and shared bathroom and laundry facilities. There are two self-contained one-bedroom flats as well as a self-contained two-bedroom apartment. Current rents:  Annual income £52,000 broken down as; F1 - £750, F2 - £725, F3 - £550 F4 - £600, F5 - £800, F6 - £940 We are advised by the vendor that provisions of electricity, water and sewerage are connected to a mains supply, and no materials used in construction may impact a buyer's enjoyment, mortgage availability, or insurance availability, and there are no issues or restrictions on mobile signal/coverage.

The Agent

Price history

15-Oct-2024 £475,000 First listed

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