9 bed block of flats for sale

Connaught Road, Roath CF24

An exceptional investment opportunity to acquire a substantial block of nine self-contained apartments in the highly sought-after area of Roath, ideally positioned within easy access of Cardiff City Centre and the vibrant Wellfield Road, renowned for its excellent selection of cafés, eateries, bars, and local amenities.

The property has been well maintained by the current owners and produces a strong annual rental income of approximately £83,940 per annum, representing an attractive gross yield of circa 8.5%.

The development comprises a mix of well-proportioned apartments, each benefiting from individual EPC ratings and established rental income, making this an ideal addition to any investment portfolio.

Apartment Breakdown:

Flat 1 EPC D £800 pcm 31 sq.m

Flat 2 EPC C £825 pcm 36 sq.m

Flat 3 EPC C £750 pcm 37 sq.m

Flat 4 EPC C £815 pcm 29 sq.m

Flat 5 EPC D £800 pcm 35 sq.m

Flat 6 EPC C £765 pcm 26 sq.m

Flat 7 EPC D £825 pcm 29 sq.m

Flat 8 EPC C £650 pcm 26 sq.m

Flat 9 EPC D £765 pcm 31 sq.m

Rarely do opportunities arise to acquire a fully let and income-producing block in such a desirable Cardiff location. Early enquiries are highly recommended.