£525,000
5 bed block of flats for saleGordon Road, Cathays CF24
5 beds
5 baths
5 receptions
Just added
Freehold
About this property
Fully let block of five self-contained apartments
Prime investment opportunity
Current rental income of £46,020 per annum
Gross yield approaching 9%
Excellent central location
Walking distance to Cardiff City Centre
Close to Richmond Road and Salisbury Road amenities
Investment Opportunity Block of 5 Apartments Close to Cardiff City Centre
A fantastic opportunity to acquire a fully let block of five self-contained apartments, ideally positioned just off the leafy Richmond Road and within a short walk of Cardiff City Centre. The property also benefits from easy access to the excellent range of shops, cafés, restaurants, and amenities along Salisbury Road, making it a highly desirable location for tenants.
The development currently generates a gross annual rental income of £46,020 per annum, providing an attractive gross yield of almost 9% (based on the asking price, if applicable).
Accommodation
Flat EPC Rating Approx. Size
Flat 1 E 33 sq m
Flat 1A D 26 sq m
Flat 2 D 20 sq m
Flat 3 C 36 sq m
Flat 4 C 38 sq m
This is an ideal purchase for investors seeking an established income-producing asset in one of Cardiff's most sought-after rental locations, with excellent long-term investment potential.
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.
A fantastic opportunity to acquire a fully let block of five self-contained apartments, ideally positioned just off the leafy Richmond Road and within a short walk of Cardiff City Centre. The property also benefits from easy access to the excellent range of shops, cafés, restaurants, and amenities along Salisbury Road, making it a highly desirable location for tenants.
The development currently generates a gross annual rental income of £46,020 per annum, providing an attractive gross yield of almost 9% (based on the asking price, if applicable).
Accommodation
Flat EPC Rating Approx. Size
Flat 1 E 33 sq m
Flat 1A D 26 sq m
Flat 2 D 20 sq m
Flat 3 C 36 sq m
Flat 4 C 38 sq m
This is an ideal purchase for investors seeking an established income-producing asset in one of Cardiff's most sought-after rental locations, with excellent long-term investment potential.
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.
Mortgage calculator
Monthly repayment
£2,626 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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