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4 bedroom terraced house for sale
Key information
Property description & features
- Four bedroom HMO property
- Fully let for £1600 PCM
- In the heart of Roath
- Investment opportunity
Calling all investors! Here's your chance to secure a lucrative investment in the bustling heart of Roath, Cardiff. We proudly present this outstanding Four-Bedroom HMO available for sale which is currently generating £1600 per month (excluding bills) - a fantastic opportunity to add to your property portfolio!
This HMO property promises a consistent monthly rental income, making it an attractive choice for investors seeking reliable returns. We anticipate with the increase in demand for accomidation in Cardiff the monthly income of this property will rise closer to £2000 PCM for the next academic year.
the property comprises of four spacious bedrooms offering generous living spaces, each bedroom is designed to attract quality tenants. The open plan kitchen living area opens up the space to create a more communal environment within the property.
With tenants responsible for utility bills, your expenses are kept to a minimum, maximizing your return on investment. The property at its current income is generating a 6.5% return on investment. With the anticipated increase in rent the return on investment to 8%.
Roath is a sought-after area known for its strong rental demand. Enjoy the benefits of a vibrant community, easy access to Cardiff city center, and proximity to essential amenities.
Cardiff's property market has been experiencing steady growth, making this investment an excellent long-term asset.
This property is HMO compliant, ensuring you adhere to all relevant regulations and enjoy the flexibility of multiple tenants. Our team is experienced in working with investors and can provide valuable insights into maximizing your returns.
Tenure: Freehold
Places of interest
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*DISCLAIMER
Property reference 12150987. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Uniek Residential - Cardiff.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on April 8, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.