10 bed property for sale

Fanny Street, Cathays, Cardiff CF24

An outstanding, turn-key investment opportunity offering 10.36% ROI situated in the heart of Cathays, Cardiff. Generating an impressive £4,750 pcm / £57,000 pa (excluding bills), this fully licensed, multi-storey shared house HMO offers immediate cash-flow security with student tenants locked in on a newly signed contract running continuously through to 30th June 2028. Being sold fully furnished and with scheduled external maintenance works included, this property delivers high-yielding stability for seasoned landlords and portfolio investors.

Situated on Fanny Street-one of Cathays' most popular student streets-this substantial freehold HMO offers an unbeatable combination of immediate rental yield, future income security, and strategic proximity to Cardiff University campuses, the Student Union, and local amenities on Salisbury Road and Crwys Road.

The property is offered fully furnished with existing bedroom suites, communal inventory, and appliances included in the sale, enabling an effortless ownership transfer without initial setup costs or void periods.

Walkthrough Tour:

Ground Floor:

Entering through the traditional front entryway, a wide reception hallway gives access to the ground-floor living quarters. To the front and middle are two bright double bedrooms, fully appointed with desks, storage, and sleeping arrangements. Towards the rear, the house opens into a spacious communal lounge-ideal for socialising-which flows directly into a large fitted kitchen. The kitchen is designed for high-occupancy living, complete with multi-refrigerator storage, integrated cooking appliances, washing/drying facilities, and extensive cupboard space.

First Floor:

The first-floor split-level landing provides access to three further generous double bedrooms, all equipped with dedicated student study setups, double beds, and wardrobe storage. Servicing these rooms are modern shower rooms and separate WC facilities arranged for shared living convenience.

Second Floor / Loft Level:

The top floor features additional spacious loft double accommodation benefiting from natural light via skylight windows, complete with built-in or free-standing bedroom furniture.

Exterior & Scheduled Maintenance:

To the rear is a low-maintenance paved rear courtyard garden. Special Note: The vendor has arranged for the side elevation wall to be re-rendered and treated with a protective weather shield coating within the next 4–6 weeks, delivering freshly updated exterior aesthetics and reduced ongoing maintenance for the incoming buyer.

Current tenants hae renewed their 2026-2027 for a further term to cover the 2027-2028 accidemic year

The contract pack including Contract, dps prescribed infornation, gsc, eicr, lra, fra and HMO Licence are ready to review