5 bed block of flats for sale

Fairoak Road, Cardiff CF23

A substantial period gable-fronted terraced block of five self-contained flats, occupying a prominent position in the heart of Roath Park. Displaying an attractive Arts and Crafts-style façade with distinctive gables, decorative timber detailing and red tile-hung elevations, the property enjoys excellent kerb appeal and is situated just a stone's throw from Roath Park and within easy reach of the University Hospital of Wales.

The location has consistently proved popular with professionals and medical staff, ensuring strong and reliable rental demand. Arranged over three floors, the building comprises five well-proportioned flats, all of which are currently let, producing a gross annual rental income of £47,100 per annum.

The accommodation comprises Flat 1 (31 sq m, EPC E), currently let at £825 per calendar month; Flat 2 (34 sq m, EPC D), £795 per calendar month; Flat 3 (37 sq m, EPC C), £795 per calendar month; Flat 4 (24 sq m, EPC D), £695 per calendar month; and Flat 5 (44 sq m, EPC D), £815 per calendar month.

Offering an immediate income-producing investment in one of Cardiff's most established and sought-after residential locations, this is an excellent opportunity for investors seeking a fully let asset with a proven letting history and strong long-term rental appeal.

We are advised by the vendor that provisions of electricity, 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.