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Offers over

£535,000

5 bed block of flats for sale
Connaught Road, Roath CF24

    • 5 beds

    • 4 baths

    • 4 receptions

  • Freehold

CPS Homes

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About this property

  • Fully let investment producing £44,040 per annum

  • Attractive 8.2% gross yield

  • Four self-contained flats

  • Immediate income from day one

  • Strong rental demand location

  • Walking distance to Cardiff City Centre

  • Close to university campuses

  • Diverse unit mix (1 x two-bedroom, 3 x one-bedroom)

An exceptional investment opportunity in one of Cardiff's most sought-after residential areas, offering an immediate annual income of £44,040 and an attractive 8.2% gross yield. Fully let and producing income from day one, this property represents a ready-made addition to any investment portfolio.

Ideally positioned within easy reach of Cardiff City Centre and major university campuses, the property benefits from strong and consistent rental demand. The beautiful Roath Park is close by, while Albany Road and Wellfield Road are just moments away, offering an excellent selection of shops, cafés, restaurants, and bars.

Accommodation Overview

The property has been thoughtfully converted into a diverse mix of self-contained units:

Flat 1 A spacious two-bedroom apartment comprising a lounge, kitchen/breakfast room, bathroom, and access to outside space.

Flat 2 A well-proportioned one-bedroom apartment with lounge/kitchen, double bedroom, and separate bathroom.

Flat 3 A bright and airy apartment featuring a kitchen/living room, bedroom, and bathroom.

Flat 4 A self-contained apartment currently generating strong rental income.

Current Rental Income

Flat 1: £1,080 pcm

Flat 2: £890 pcm

Flat 3: £850 pcm

Flat 4: £850 pcm

Total Annual Income: £44,040

This well-located, fully occupied investment offers immediate returns, strong rental demand, and excellent long-term capital growth potential.

Available now for viewing by appointment. Contact us today to arrange a viewing.

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.

Flat 1

Bedroom 1 4.78m x 4.61m
Bedroom 2 4.56m x 3.75m
Lounge 4.36m x 3.81m
Kitchen 3.81m x 3.37m

Flat 2

Kitchen/Lounge 5.94m x 3.43m
Bedroom 4.59m x 3.58m

Flat 3

Kitchen/Living Room 5.53m x 4.66m
Bedroom 4.20m x 2.56m

Flat 4

Kitchen/Living Room 5.01m x 3.77m
Bedroom 4.75m x 3.57m

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More information

  • Tenure

    Freehold

  • Council tax band

    C

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Property descriptions and related information displayed on this page are marketing materials provided by - CPS Homes. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact CPS Homes for full details and further information.