Property Details

4 bedroom terraced house for sale For Sale

Merthyr Street, Cathays, Cardiff, Cymru / Wales, CF24 4JJ, United Kingdom

£290,000

ROI = 9% BMV = 3.2%

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Description

HMO Licensed, Tenanted for 2024/2025! Stunning 4-bed HMO in Prime Cardiff, Yielding £1,700/Month! Features spacious double bedrooms, cozy living room, large kitchen/diner, bathroom, separate toilet, and rear garden. No chain. Located in the sought-after student Golden Triangle. Act fast! Exclusive Investment Opportunity In Cardiff's Gold - Presenting a very well presented 4-bedroom licensed HMO property located in the highly sought-after student Golden Triangle of Cardiff. This exceptional investment opportunity is fully licensed and currently tenanted for the academic year 2024/2025, yielding a substantial £1,700 per month, with a projected increase to £1,900 per month for the next academic year. Spacious And Comfortable Living Spaces - The property boasts spacious double bedrooms that provide ample room for both studying and relaxation. Each room is designed with students in mind, offering a comfortable and conducive environment for academic success. The cozy living room is perfect for socialising and unwinding after a long day of classes. Well-Equipped Kitchen/Diner - The large kitchen/diner serves as the heart of the home, featuring modern appliances and plenty of storage space. It’s an ideal area for group meals and gatherings, making it a popular spot for tenants. The open-plan design ensures that cooking and dining are both enjoyable and efficient. Modern Bathrooms And Additional Amenities - This licensed HMO property includes a well-maintained main bathroom and an additional toilet on the ground floor, providing convenience for all residents. The bathroom features contemporary fixtures and fittings, ensuring a pleasant living experience. Delightful Rear Garden - An enclosed low-maintenance rear garden adds to the property’s appeal, offering a tranquil outdoor space for tenants to enjoy. It’s perfect for barbecues, study sessions in the fresh air, or simply relaxing during their downtime. Prime Location - Located in Cardiff's student Golden Triangle, this property is within close proximity to Cardiff University and other key educational institutions. The area is renowned for its vibrant student community, excellent transport links, and a wide range of local amenities, including shops, cafes, and restaurants. Strong Investment Potential - This property is not just a house but a highly profitable investment. Its combination of size, layout, amenities, and prime location makes it an ideal choice for investors looking to expand their portfolio in Cardiff. With strong rental yields and high tenant demand, this is an opportunity not to be missed. Entrance Hall - Bedroom Four - 3.18m x 3.21m (10'5" x 10'6") - Living Room - 3.31m x 4.52m (10'10" x 14'9") - Kitchen / Dining Room - 2.92m x 4.52m max (9'6" x 14'9" max) - Inner Hallway - Bathroom - 1.68m x 2.58m (5'6" x 8'5") - Toilet - First Floor Landing - Bedroom One - 3.33m x 4.27m (10'11" x 14'0") - Bedroom Two - 2.71m x 3.37m (8'10" x 11'0") - Bedroom Three - 2.64m x 2.74m (8'7" x 8'11") - Rear Garden - No Chain - The property is offered with no chain, making the purchase process straightforward and stress-free. Investors can take immediate advantage of the existing tenancy agreement and start generating returns without delay. Tenure - We have been advised by the Vendor that the property is FREEHOLD and is being sold with NO CHAIN. Please Note - The Vendor of this property is linked to staff at Harry Harper Sales & Lettings.

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