6 Bed HMO, Cardiff, CF24 3HS, £375,000

Arran Street, Roath, CF24 3HS - 3 months ago

Sold STC
HMO
ROI: 4%
~186 m²
+6 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£112,450

 

 

Cash Out

 

Room Rate

£475

Gross Rent

£2,850

Running Costs/mo

£2,446

Cashflow/mo

£404

Cashflow/yr

£4,847

ROI

4%

Gross Yield

9%













Property History

Listed for £375,000

December 16, 2024

Sold for £100,000

2001

Sold for £59,950

1997

Sold for £45,000

1997

Floor Plans

Description

  • 6 bedroom HMO ( currently let to students ) +
  • Investment Opportunity +
  • 2 Bathrooms +
  • Rear access to garden +
  • End of Terrace +
  • Let for the 2025/2026 Academic Year £2850pcm +
  • Rental yield of 9.1% +

6-Bed HMO Near Cardiff Universities & City Centre

This is a prime opportunity to acquire a end of terrace and fully tenanted 6-bedroom HMO property, ideally located with excellent access to Cardiff’s renowned universities and just a short walk from the lively City Centre. With a secure tenancy in place until June 2026, the property generates a steady annual income of £34,200, offering a robust 9.1% yield.

Upon entering the property, you are welcomed into a spacious hallway leading to a open-plan kitchen and living area at the rear. The kitchen features modern base and wall units, a breakfast bar peninsula, built-in hob, and plenty of space for appliances. Large windows bring in an abundance of natural light.

To the rear is a dedicated utility area with sink and a door that opens out to the rear garden. There is also a bathroom with shower over bath, sink and toilet.

The ground floor also includes two of the double bedrooms. Both bedrooms are large with the front being bay fronted and the rear bedroom also having a rare bay with French doors leading out on the garden.

On the first floor, you'll find four additional double bedrooms, each with wardrobes for ample storage. The bathroom upstairs are equipped with contemporary fittings, including paneled baths with showers over, wash hand basins, there is a separate WC to the side of the bathroom.

Outside, there’s an enclosed courtyard with side access—perfect for storing bikes or additional outdoor space.

We are advised by the vendor that the property is connected to mains electricity, water, and sewage. There are no construction materials that could affect a buyer’s enjoyment, mortgage, or insurance availability, and there are no issues with mobile signal or coverage.

Agent Details

Key Executive Sales, Cardiff

029 2271 1634

Next Steps?

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

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