£300,000

   

ROI = 9% BMV = 2.66%
Description

****INVESTMENT - 2 x 2 BEDROOM APARTMENTS - FULLY LET**** Presenting a unique investment prospect comprising two modern 2-bedroom apartments, each occupying the ground and first floors of a property on Howard Terrace. These residences are ideally located, occupying a quiet position, within walking distance to Cardiff City Centre and the excellent public transport links. This offering represents a compelling opportunity for investors seeking a property with a proven rental history, modern amenities, and a prime location in Cardiff. Modern Design - Both apartments have been refurbished to provide modern living spaces. Prime Location - Located on Howard Terrace, these apartments offer the perfect blend of serenity and city accessibility, with Cardiff's vibrant amenities just a short stroll away. Excellent Transport Links - Easy access to public transport, facilitating seamless commutes within and beyond the city. Tenancy Status - Both apartments are currently fully let, ensuring immediate rental income. Annual Rental Income - Circa £25,000, reflecting a robust gross annual return of 8.4%. Compliance - Properties come with current gas and electric safety certificates, as well as Energy Performance Certificates (EPCs). Title Information - Each apartment holds a separate title, yet both are offered together as a single freehold investment. Accommodation - Ground Floor Flat - Lounge - 4.88m x 3.38m (16'0" x 11'1") - Bedroom One - 3.74m x 3.10m (12'3" x 10'2") - Bathroom - 1.89m x 1.86m (6'2" x 6'1") - Bedroom Two - 3.16m x 2.51m (10'4" x 8'2") - Kitchen/Diner - 3.00m x 7.10m (9'10" x 23'3") - First Floor Flat - Lounge - 4.88m x 3.38m (16'0" x 11'1") - Bedroom One - 3.17m x 3.68m (10'4" x 12'0") - Bathroom - 2.13m x 1.61m (6'11" x 5'3") - Kitchen - 2.13m x 2.05m (6'11" x 6'8") - Bedroom Two - 3.04m x 3.02m (9'11" x 9'10") - Outside - Permit parking to the front. Rear garden for the ground floor apartment only. Lease Details - Ground Floor Flat - Lease term 999 years from 01/01/2020 First Floor Flat - Lease term 999 years from 01/01/2020 Council Tax - Band C

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Property Details
  • Property ID: 158496596
  • Added On: 2025-02-20
  • Deal Type: For Sale
  • Property Price: £300,000
  • Bedrooms: 4
  • Bathrooms: 1.00
Amenities
  • INVESTMENT OPPORTUNITY
  • GROUND/ FIRST FLOOR APARTMENTS
  • TWO FULLY LET TWO BEDROOM APARTMENTS
  • MODERN DESIGN
  • REAR GARDEN FOR GROUND FLOOR FLAT ONLY
  • PERMIT PARKING TO FRONT
  • WITHIN WALKING DISTANCE TO CITY CENTRE
  • EXCELLENT PUBLIC TRANSPORT LINKS
  • NO ONWARD CHAIN
  • VIEWINGS HIGHLY RECOMMENDED