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Property for sale in Tewkesbury Street, Cathays, Cardiff

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Property for sale - 4 bedrooms

4 2 2

Tenure:

Freehold

Council tax band:

Not available

Property features

Investment Opportunity
House to Flat Conversion
Annual Income £24,000
Two 2 Bedroom Flats
Student/Professional Area - Cathays
No Chain

Property description

A fantastic investment opportunity - this property has been divided into two 2 bedroom apartments, offering a seamless and hassle-free income-generating proposition. Perfectly suited for the savvy buyer looking to venture into the world of buy-to-let investments.

The flats have been well maintained and are up to date with current regulations.

For the next academic year the flats will be rented for £1000pcm, the annual income will increase to £24,000 (7% projected yield 2024/25). With a steady stream of rental income already in place, this property is a reliable investment choice for those seeking a lucrative addition to their portfolio.

Offered with No Onward Chain.

Take advantage of this unique opportunity to secure a property that practically manages itself, and enjoy the peace of mind that comes with an already established rental income.

Get in touch to arrange a viewing today!

Property info

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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 Key Executive Sales, and do not constitute property particulars. Please contact Key Executive Sales 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.