5 Bed HMO, Cardiff, CF24 3JL, £310,000

124 Strathnairn Street, Roath, CF24 3JL - 9 months ago

Under Offer
HMO
~178 m²
+7 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£77,500

Stamp Duty & Legal Fees

£19,700

Total Cash In

£97,200

 

 

Cash Out

 

Room Rate

£375

Gross Rent

£1,875

Running Costs/mo

£1,923

Cashflow/mo

£-48

Cashflow/yr

£-577

Gross Yield

7%













Property History

Price changed to £310,000

January 8, 2025

Listed for £330,000

June 15, 2024

Floor Plans

Description

  • Freehold +
  • Five Bed Let +
  • Let Till 2026 +
  • HMO Licence +
  • Investment Opportunity +

Jeffrey Ross are pleased to bring to the market this 5 bed let property with income till 2025, and agreed £2375 pcm for 2025/26. The property comprises of entrance hall, two reception rooms, open plan kitchen / lounge, ground floor shower room, utility space, landing, three first floor bedrooms as well as a first floor bathroom. outside there is a low maintenance rear garden.

Located within close proximity to local, shops, amenities and Cardiff City Centre

Offered for sale chain free with HMO licence and income till 2025 making this an ideal investment opportunity.

2024 / 25 income - £2,250 pcm
2025 / 26 income - £2,375 pcm

Entrance Hall -

Reception One - 3.81m x 3.53m (12'6" x 11'7") -

Reception Two - 3.35m x 3.66m (11' x 12') -

Open Plan Kitchen /Lounge - 3.10m x 6.48m (10'2" x 21'3") -

Utility Room -

Ground Floor Shower Room -

Landing -

Bedroom One - 5.28m x 3.38m (17'4" x 11'1") -

Bedroom Two - 3.07m x 4.72m (10'1" x 15'6") -

Bedroom Three - 3.12m x 3.81m (10'3" x 12'6") -

Bathroom -

Garden -

Tenure - Freehold - This s to be confirmed with your legal representative

Council Tax - Band E

Five bet HMO licenced property with rental income till 2026.

Agent Details

Jeffrey Ross, Roath

029 2271 1467

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

Similar Properties

Like this property? Maybe you'll like these ones close by too.