5 Bed HMO, Cardiff, CF24 3BG, £265,000

Russell Street, Cardiff, CF24 3BG - 5 views - 6 months ago

Sold STC
HMO
ROI: 11%
~178 m²
+5 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£66,250

Stamp Duty & Legal Fees

£9,900

Total Cash In

£76,150

 

 

Cash Out

 

Room Rate

£529

Gross Rent

£2,645

Running Costs/mo

£1,938

Cashflow/mo

£707

Cashflow/yr

£8,484

ROI

11%

Gross Yield

12%













Property History

Listed for £265,000

September 17, 2024

Sold for £162,000

2014

Floor Plans

Description

  • SUPERB INVESTMENT +
  • SIX BEDROOM HMO +
  • GOOD SIZE LIVING ROOM/KITCHEN +
  • BATHROOM +
  • SHOWER ROOM +
  • REAR GARDEN +
  • GREAT RENTAL YIELD +

Strategically located in Roath, this property boasts unbeatable convenience with excellent road and transport connections to Cardiff's bustling city center and beyond. It's a hotspot for students and professionals alike, ensuring a high demand for rental accommodations.

Picture this: Six generously sized bedrooms, a cozy kitchen/living room perfect for gatherings, a bathroom, a shower room, and even a rear garden for relaxation or socializing. It's a dream setup for tenants seeking comfort, functionality, and a vibrant community atmosphere.

Don't miss out on this golden opportunity to secure a lucrative investment in the heart of Cardiff's student district. Act now to capitalize on the potential for lucrative returns and long-term growth. Contact us today to arrange a viewing and make this prime property yours!

Agent Details

Darlows, Albany Road

029 2271 6242

Next Steps?

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

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