Property Details

7 bedroom semi-detached house for sale For Sale

Wyeverne Road, Cathays, Cardiff, Cymru / Wales, CF24 4AR, United Kingdom

£525,000

ROI = 6% BMV = -1.94%

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Description

This is a fantastic opportunity to purchase a mixed-use investment property, ideally located in the heart of Cathays, just a short distance from the Student Union, universities, and the City Centre. With an impressive annual income exceeding £54,000, this property offers a strong return of 10%, making it a highly attractive investment.The property features a small commercial unit on the ground floor, currently generating £850 per month in rental income. Additionally, the residential accommodation is fully self-contained, generating £3,815 per month, and is let until June 2026, providing long-term stability.The ground floor of the accommodation comprises the first of the double bedrooms, a shower room, and a spacious open-plan kitchen and living room. The kitchen is equipped with a range of modern high-gloss units and built-in appliances, while the living room has doors leading out to the rear garden, perfect for outdoor relaxation.On the first floor, you'll find five well-appointed double bedrooms and two modern shower rooms, all furnished to a high standard. The bathrooms are fitted with contemporary suites, ensuring comfort for the tenants. On the second floor, there is an additional double bedroom with a skylight window, adding to the property's overall appeal.With its prime location and strong rental income, this property presents an excellent opportunity for investors. Call now to secure your viewing of this outstanding investment!We are advised by the vendor that provisions of electricity, gas, 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.

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