8 Bed HMO, Cardiff, CF3 5NT, £500,000

429 Ball Road, Cardiff, CF3 5NT - 14 views - 6 months ago

HMO
ROI: 9%
191 m²
+26 photos

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£33,500

Total Cash In

£158,500

 

 

Cash Out

 

Room Rate

£625

Gross Rent

£5,000

Running Costs/mo

£3,519

Cashflow/mo

£1,481

Cashflow/yr

£17,775

ROI

11%

Gross Yield

12%













Property History

Price changed to £500,000

March 8, 2025

Price changed to £550,000

December 19, 2024

Listed for £560,000

September 23, 2024

Sold for £325,000

2018

Sold for £77,000

2001

Floor Plans

Description

  • Rare Investment Opportunity +
  • Close to local amenities +
  • 8 Bedroom HMO +
  • Annual Income Of £60,000 +
  • HMO LICENSE EXEMPT +
  • Call Darlows Rumney for more! +

A rare and exceptional investment opportunity in Cardiff East, this expansive 8-bedroom detached property is currently operating as a fully functional House in Multiple Occupation (HMO) without need for a license as confirmed by the vendor. The property sits on large, well-maintained grounds and offers significant rental potential, with spacious living areas and private rooms.

The property’s versatile layout provides ample accommodation and communal space, ensuring comfort and convenience for occupants. With its size and prime location, this is an exceptional opportunity for investors.

Located near vital commuter links, the property provides easy access to routes further into Wales, Bristol, and beyond, making it highly appealing to tenants. Public transport is extremely convenient, with buses to all areas of the city passing every 7 minutes, and a variety of shops just a short walk away.

This is a prime opportunity for investors seeking a high-yield property in a sought-after area. Immediate viewings are recommended to fully appreciate the scale, location, and investment potential this property has to offer.

Agent Details

Darlows, Rumney

029 2271 5367

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.