Potential 4-Bed HMO, Cardiff, CF24 4SG, £228,000

Moy Road, Roath, CF24 4SG - 3 views - a month ago

Sold STC
HMO
ROI: 11%
~93 m²
+10 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,000

Stamp Duty & Legal Fees

£8,040

Total Cash In

£65,040

 

 

Cash Out

 

Room Rate

£559

Gross Rent

£2,236

Running Costs/mo

£1,636

Cashflow/mo

£600

Cashflow/yr

£7,204

ROI

11%

Gross Yield

12%













Property History

Listed for £228,000

February 11, 2025

Floor Plans

Description

  • Traditional Bay Fronted House +
  • Fantastic Location within Roath +
  • Three Reception Rooms +
  • Three Bedrooms +
  • Gas Central Heating +
  • Great Investment or Project +
  • No Onward Chain +

A fantastic investment opportunity in the heart of Roath, offering excellent access to the City Centre and the vibrant amenities of Albany and Wellfield Road. This property currently holds a valid HMO licence until December 2026, making it an ideal choice for investors. Alternatively, it has great potential to be transformed into a wonderful family home, with schools and parks just a short distance away. While the property does require updating, it presents an exciting project for investors and DIY enthusiasts alike. On the ground floor there are three good size receptions rooms, a fitted kitchen with a range of units, a bathroom and access to the rear enclosed garden.
On the first floor there are three double bedrooms.
The property also has the added benefit of gas central heating. The property is also being offered for sale with no onward chain and vacant possession. Call now to secure your viewing.
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.

Agent Details

CPS Homes, Cardiff

020 3840 4007

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.