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An excellent opportunity to acquire this fully let block of five self contained 1 bedroom apartments, located just a short distance from Cardiff s vibrant City Centre and moments from the popular Newport Road. Positioned in a highly sought after rental area, this well maintained investment property offers a strong and stable annual income £39,900 with an impressive gross yield in excess of 8%, making it ideal for portfolio investors seeking solid returns.
Flat Breakdown & Rents
Flat 1 £775 pcm
Modern open plan lounge kitchen, spacious double bedroom, white suite bathroom, and access to a shared garden.
Flat 2 £550 pcm
Contemporary open plan living area with fitted kitchen, rear double bedroom, and en suite shower room.
Flat 3 £650 pcm
Open plan kitchen lounge with modern fittings, double bedroom to the rear, and stylish en suite shower room.
Flat 4 £625 pcm
Recently refurbished to a high standard. Features a modern kitchen with breakfast bar, spacious double bedroom with built in wardrobes, and a newly fitted bathroom.
Flat 5 £725 pcm
Beautifully presented apartment with a fitted kitchen and dining area, comfortable lounge with exposed brickwork, large double bedroom, and modern bathroom with overhead shower.
We are advised by the vendor that provisions of electricity, water, gas 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.
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