Block of flats for sale in Richard Street, Cathays, Cardiff CF24

Guide price £525,000
Interested in this property? Call +44 29 2227 9933 * or Request Details

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Block of flats for sale - 6 bedrooms

6 4 4

Tenure:
Freehold
Council tax band:
C

Property features

  • Investment Opportunity
  • Three Flats and a Detached Dwelling
  • Income £44,700pcm
  • Fully Let with 8.5% Return
  • Great Location Close to the City Centre and Cardiff Universities
  • Well Maintained

Property description



A fantastic opportunity to acquire this investment property located within minutes of Cardiff University and a short walk into the City Centre. All units are fully let with an annual combined income of £44,700 giving a return of 8.5%!

Briefly comprising of three units in one property plus a detached dwelling.

Flat A - Let at £1100pcm - A Duplex- positioned over the first and second floor with two bedrooms.

Flat B - Let at £700pcm - A Duplex positioned over the ground and first floor has one bedroom.

Flat C - Let at £625pcm - Located on the ground floor to the front with one bedroom.

Basil Place - Let at £1300pcm - In addition to these three units, accessed off Basil Place is a detached dwelling, recently constructed with two bedrooms.

Call now to secure your viewing.

Flat A

Lounge - 3.10m x 3.06m
Kitchen - 2.56m x 2.33m
Bedroom 2 - 3.41m x 2.42m
Bathroom - 1.77m x 1.72m
Second Floor
Bedroom 1 - 3.54m x 3.38m

Flat B

Lounge - 3.81m x 3.13m
Kitchen - 3.43m x 1.97
Landing
Bedroom - 3.15m x 2.91m
Bathroom - 2.14m x 1.67m

Flat C

Lounge - 3.87m x 2.56m
Kitchen - 2.57m x 2.24m
Bedroom - 3.34m x 2.47m
Bathroom - 3.27m x 1.57m

Bungalow

Recently constructed detached dwelling with modern open plan living/kitchen, two bedrooms, modern shower and enclosed courtyard. Located to the rear of Richards Street, the entrance is on Basil Street.

Ground Floor View original

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For more information about this property, please contact
CPS Homes, CF24 on +44 29 2227 9933 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by CPS Homes, and do not constitute property particulars. Please contact CPS Homes for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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