Studio for sale
Key information
Property description & features
- Tenure: Leasehold
- CLOSE TO SCHOOLS
- Excellent Location
- Fitted Bathroom
- Fitted Kitchen
- Newly Decorated
- Disabled Bathroom
- Ground Floor Studio - EXCELLENT VIEWS
An investment opportunity!
This ground floor approximately 560 square foot open plan bedsit apartment comes with a reliable income stream, as it is currently occupied by sitting tenants who are paying £695 per month in rent. Seize this chance to add a promising property to your portfolio in a prime location with attractive rental yields.
Property Highlights:
* Existing Rental Income: This property already has sitting tenants in place, providing a stable monthly rental income of £695. As an investor, you can start earning returns from day one without any additional effort or waiting for occupancy.
* Open Plan Design: The apartment's open plan layout appeals to tenants, offering a versatile and modern living space that attracts potential renters and ensures high demand for tenancy.
* Convenient Ground Floor Location: The ground floor positioning enhances accessibility. The current tenant is disabled and this apartment is perfect for tenants with additional needs due to its ground floor access from the main street with parking righ outside. This is a rental property that will always be in demand!
Ideal for City Living:
With its proximity to the city centre, tenants will enjoy easy access to a plethora of amenities, entertainment options, and excellent transportation links. The vibrant area also boasts a range of local shops, restaurants, and recreational areas, contributing to its strong rental appeal.
Surrounding Areas:
The property's location on Penarth Road is part of a bustling area, adding to its allure for potential tenants. Close proximity to Victoria Park and nearby green spaces provides tenants with opportunities for outdoor leisure and relaxation. Local shops and supermarkets cater to their daily needs, ensuring convenience and satisfaction.
Distance to City Centre:
Investors will appreciate the property's proximity to Cardiff's city centre, as it adds further appeal for potential tenants seeking an urban lifestyle. With a short commute to the city's cultural hotspots, shopping districts, and major employers, this property is ideally situated for attracting and retaining long-term tenants.
*SISTER FLAT FOR SALE*
Council Tax Band: B (Cardiff Council)
Tenure: Leasehold
Places of interest
See more properties like this:
*DISCLAIMER
Property reference RS0059. 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 Smart Lettings - Pontycymer.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 29, 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
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 29, 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: obtained on June 4, 2019 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.