- Investment Opportunity +
- Four Self Contained Flats +
- Current Return of 8.6% +
- All Fully Let at £42,400 pa +
- Well Maintained and Presented +
- Prime Location within Roath +
A perfect investment opportunity situated within a highly desirable location, offering an immediate income of £42,600 pa - a return of 8.6% and the potential to increase. 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 are all but a few steps away with their range of shops, eateries, and bars.
The present vendors have advised us that the four flats are on individual titles and deeds.
Flat 1 - currently let at £1000
A duplex apartment that covers the ground and 1st floors and comes with two double bedrooms, chrome fittings throughout, beech kitchen units, double glazed, fully tiled bathroom with stainless steel shower running off. Moderately sized open plan lounge kitchen, kitchen equipped with breakfast bar and ample storage space.
Flat 2 - Currently let at £775
Property comprises of one double bedroom (with built in cupboard), chrome fittings throughout, beech kitchen units, double glazed, fully tiled bathroom with electric towel rail and stainless steel shower running off Worcester combi-boiler. Good size open plan lounge kitchen, with small breakfast bar. Lounge opens up to double patio doors leading out a nice garden.
Flat 3 - Currently let at £850
Split over 1st and 2nd floors and located just off Albany Rd. The property comprises of two double bedrooms, very good size open plan lounge kitchen, with small breakfast bar. Chrome fittings throughout, beech kitchen units, double glazed, fully tiled bathroom with electric towel rail and stainless steel shower running off the Worcester combi-boiler.
Flat 4 - Currently Let at £925
Fabulous two-bed flat covering the first and second floors on the ever-popular Claude Road. Located just off Albany Road and within close proximity into Cardiff City Centre. Property comprises two huge double bedrooms. The flat has chrome fittings throughout, beech kitchen units, double glazed, fully tiled bathroom with electric towel rail and stainless steel shower running off Worcester combi-boiler. Large open plan lounge and kitchen, with breakfast bar.
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.