Property Details

4 bedroom block of apartments for sale For Sale

Clive Street, Saltmead, Grangetown, Cardiff, Cymru / Wales, CF11 6NL, United Kingdom

£220,000

ROI = 10% BMV = 31.9%

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Description

Welcome to this fantastic property located on Clive Street in the vibrant area of Grangetown, Cardiff. This impressive block of flats offers a unique investment opportunity that is sure to catch the eye of any savvy investment buyer. The three flats spread across three floors boasts a spacious combined 1,604 sq ft of rentable space. The potential for a substantial annual return of £20,400 with full occupancy makes this property an attractive option for those looking to generate a steady income. Situated in the heart of Grangetown, residents will enjoy easy access to local amenities, schools, and transport links, making it a desirable location for tenants. Whether you are looking to expand your property portfolio or seeking a new investment opportunity, this block of flats on Clive Street is a must-see. Don't miss out on the chance to own a property with great rental potential in this up-and-coming area of Cardiff. Book a viewing today and explore the possibilities that this property has to offer. Communal Areas - Main entrance door opens to communal hallway with stairs rising to floors one and two. Ground Floor Flat - This ground floor flat is in the region of 560 square feet and is currently tenanted with a monthly income of £550 p.c.m / £6600 per annum. First Floor Flat - This middle floor flat is in the region of 667 square feet and is currently tenanted with a monthly income of £700 p.c.m / £8400 per annum. Top Floor Flat - This top floor flat is in the region of 377 square feet and is currently tenanted with a monthly rental income of £450 p.c.m / £5400 per annum. Epc - Flat 1 C Flat 2 C Flat 3 D Tenure - We have been advised by our seller client that the property is Freehold. Your legal representative should confirm this. Council Tax - Flat 1 is band C Flat 2 is band C Flat 3 is band B Broadband Speed - According to Ofcom the highest speed available in the area is 1000MBPS this info can be found at Construction - The property is traditional brick built circa 1910. An excellent investment offering over a 9% gross yield. Suitable for experienced landlords/investors who want to purchase a property which is currently fully let and ready to go. Built over three floors and comprises of three self contained flats.

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