Skip to main content
Popular
Total views:  500+
Offers over
£575,000

9 bedroom detached house for sale

The Retreat, Penylan, Cardiff
Chain-free
Detached house
9 beds
5 baths
0 sq ft / 0 sq m
Added > 14 days

Key information

TenureFreehold
Council taxBand G

Features and description

  • Tenure: Freehold
  • Fully functioning 9-bed HMO. (Plans for 11-bed HMO).
  • Located in the prestigious Penylan area.
  • Strong rental potential in a high-demand location.
  • Approved planning (reference 20/01176/MNR) for alternative development.
  • Versatile property with potential for family home conversion.
  • Proximity to Roath parks, gardens, and Penylan's unique eateries.
  • Generous plot size of 0.11 acres.
  • No onward chain for a hassle-free purchase.
  • Close to Cardiff's city center and major transport links.
  • A unique investment opportunity with multiple avenues for ROI.
Exclusive 9-bed HMO in Penylan, Cardiff! Prime rental spot with approved 6-apartment conversion plans (ref: 20/01176/MNR). Ideal for investors or family home transformation. Near key amenities. A rare, versatile opportunity in a sought-after area! Additional plans for an 11 bed HMO.

Description - Step into a lucrative investment opportunity with this established 9-bedroom HMO in the heart of Penylan, Cardiff. A property that not only promises steady rental income but also offers versatility in its potential uses.

Situated in the prestigious Penylan area, this HMO is perfectly positioned to attract tenants seeking the balance of city living with the tranquillity of a historic neighbourhood. With Roath parks, gardens, and a plethora of unique eateries just a short stroll away, residents will be immersed in the community spirit that Penylan is renowned for.

The property itself is expansive, spread over two floors, ensuring ample space and comfort for all occupants. Each room has been thoughtfully designed to cater to the needs of modern tenants, ensuring a steady demand with minimal historic vacancy periods. Historically it brought in a modest £4,400.00 per month, which is considered under market value. With an approximate 10% ROI.

However, the potential of this property doesn't end with its current HMO status. With approved plans (reference 20/01176/MNR) in place, there's an opportunity for transformation into 6 individual apartments. Alternatively, for those with a vision, it can be reimagined as a spacious family home, making it a truly versatile investment.

With no onward chain, this property is ready for the next investor to realize its full potential. Whether you're looking to continue its legacy as an HMO, transform it into apartments, or convert it into a family home, this property in Penylan promises a return on investment in more ways than one.

Property information from this agent

Visit agent website

About this agent

Harry Harper Sales & Lettings - Cardiff
Harry Harper Sales & Lettings - Cardiff
85 Cathays Terrace Cathays, Cardiff CF24 4HT
029 2227 1057
Full profileProperty listings
Harry Harper Estate Agents are one of the very few award winning, family run, independent estate agents in South Wales. Taking pride in our awards to prove
to you that we are as good as we say we are!
... Show more

See more properties like this

*Disclaimer and call rate information...