7 bed terraced house for sale

Cressy Road, Cardiff CF23

Summary
Turnkey seven-bedroom investment property on Cressy Road, Penylan with no onward chain, delivering an outstanding projected 8.8% net yield from day one. Tenants in situ making a perfect property for an investor. Fresh modern finishes including communal areas for tenants.

Description
Peter Alan are pleased to present this substantial seven-bedroom house (licensed HMO) on Cressy Road, Penylan with no onward chain. This property is offered exclusively to investors with an impressive projected net yield of 8.8%. Already professional tenants in situ and having maintained an exceptional 99% occupancy over the last 18 years, it delivers immediate, hassle-free rental income. The property boasts modern decor throughout, alongside spacious communal living areas and a fully fitted shared kitchen. This property has been well maintained and retains many period features including fireplaces, original tiled flooring and decorative detailing. Also, in a highly sought area with excellent local amenities and features a private rear garden. Calling all investors, this is a rare high yield property in a prime location.

Please note that an aml fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.

Entrance Hall

W/C

Bedroom One 14' 2" x 12' ( 4.32m x 3.66m )

Bedroom Two 11' 6" x 10' 1" ( 3.51m x 3.07m )

Kitchen/ Lounge/ Dining Room 24' 10" x 10' 10" ( 7.57m x 3.30m )

Utility

Shower Room

Landing

Bedroom Three 16' 3" x 14' ( 4.95m x 4.27m )

Bedroom Four 11' 9" x 10' 2" ( 3.58m x 3.10m )

Bathroom

Bedroom Five 10' 7" x 7' 11" ( 3.23m x 2.41m )

Bedroom Six 11' 3" x 8' 8" ( 3.43m x 2.64m )

Bedroom Seven 12' 2" x 11' 3" ( 3.71m x 3.43m )

Rear Garden

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Peter Alan nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.