5 bed block of flats for sale

Princes Street, Roath CF24

An exceptional investment opportunity situated in a highly sought-after location, offering an immediate annual income of £35,760, delivering a return in excess of 7%, with scope for future uplift.

Ideally positioned within easy reach of Cardiff City Centre, university campuses, and a wealth of local amenities, including the popular Roath Park. This vibrant area is a favourite among residents, with Albany Road and Wellfield Road just steps away, offering an eclectic mix of shops, cafes, and bars.

The property comprises three self-contained, well-presented flats, all currently let:

Flat 1 Let at £995 pcm

Spanning the ground floor with access to the rear garden, this spacious two-bedroom apartment features:

• Two double bedrooms

• Bright lounge

• Modern fitted kitchen

• Contemporary shower room

Flat 2 Let at £1,160 pcm

A stylish first-floor apartment offering:

• Two double bedrooms

• Open-plan modern kitchen/living area

• Contemporary shower room

Flat 3 Let at £825 pcm

Located on the second floor, this charming flat includes:

• One double bedroom

• Modern open-plan kitchen/lounge

• Contemporary shower room

With strong existing rental income and attractive tenant appeal, this property presents a solid opportunity for investors seeking reliable returns in a premium Cardiff location. There is also a garage to the rear giving rear access.

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

Flat 1

Bedroom 1 5.32m x 4.29m
Bedroom 2 4.40m x 3.50m
Lounge 4.75m x 3.20m
Kitchen 3.14m x 2.91m

Flat 2

Lounge/Kitchen 5.62m x 5.30m
Bedroom 1 4.17m x 2.32m
Bedroom 2 3.19m x 2.00m

Flat 3

Lounge/Kitchen 5.59m x 3.49m
Bedroom 3.79m x 2.76m