£250,000
3 bed terraced house for salePlasnewydd Road, Roath CF24
3 beds
1 bath
1 reception
EPC Rating: D
CPS Homes
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About this property
Ideal first investment property with HMO licence in place
Currently let until June 2027 producing £1,575 pcm income
Generating a gross yield in excess of 7%
Excellent Roath location with easy access to the city centre and universities
Three lettable bedrooms plus spacious lounge, fitted kitchen and modern bathroom
Enclosed rear garden, double glazing and gas central heating throughout
An excellent opportunity for first-time investors looking to acquire a well-positioned HMO property with immediate rental income. Currently let until June 2027 and achieving £1,575 per calendar month, the property offers a gross yield in excess of 7%.
Ideally situated in the ever-popular Roath area of Cardiff, the property is perfectly placed for convenient access to the city centre, Cardiff University and other local universities, making it highly attractive to both students and young professionals.
The accommodation briefly comprises an entrance hall leading to a generous lounge, a fitted kitchen and a modern three-piece bathroom suite. There is also a double bedroom to the ground floor. To the first floor are a further three bedrooms, including two doubles and a single room, which is currently utilised as a spare room due to HMO size regulations.
Externally, the property benefits from an enclosed rear garden, while further features include double glazing and gas central heating throughout.
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