7 bedroom end of terrace house for sale
Key information
Property description & features
Are you looking to purchase a new student HMO? This wonderful seven bedroom is located within one of the most desirable streets in Cathays. After more than 20 years of ownership the current owner has not had a single period the property has not been rented out.
The property comprises of seven bedrooms and three bathrooms, the ground floor comprises of the first bedroom, a cloakroom, kitchen and living room with access to a large garden which is part paved and part turf. The first floor comprises of one bathroom and a separate shower room and four bedrooms. The second floor comprises of two bedrooms and one bathroom.
The property would benefit from cosmetic work to the interior to increase the potential income of the property in the next academic year. The property is currently fully let until 2024 and is achieving between £425 - £450 per room per calendar month. With investment into the property an investor could look to achieve between £500 - £550 per room PCM.
The current gross income of the property is £36,600 per year giving the property a 8.6% Yield.
Council Tax band - E
Tenure - Freehold ( Please confirm with your solicitor)
Tenure: Freehold
Places of interest
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Property reference 12134029. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Uniek Residential - Cardiff.
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Broadband availability and predicted speed: obtained from Ofcom on December 17, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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