£495,000

7 bed property for sale

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  2.  Photo 6
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Freehold

£495,000

7 bed property for sale

Richard Street, Cathays, Cardiff CF24

7 beds
3 baths
1 reception

Key Information

Tenure:
Freehold
Council tax band:
Development Property

Local area information

Property location

Nearby amenities

  • Cathays 0.2 miles
  • Cardiff Muslim Primary School 0.3 miles
  • Albany Primary School 0.5 miles
  • Cardiff Queen Street 0.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Cardiff to find out more about the local area.

Features and description

  • Furnished
  • Freehold
  • Seven bedroom HMO
  • Golden Triangle Location
  • Brand new development
  • 9.3% Gross Yield
  • Perfect investment opportunity
  • No chain
Uniek Residential are proud to offer to the market this exclusive seven bedroom HMO located in Cathays Golden Triangle.

This stunning property has recently under gone extensive redevelopment and has been finished to a high standard. The property has offers an expansive kitchen living space making it ideal for students. The downstairs of the property comprises of one bedroom downstairs featuring the bay window, in-between the first and second bedroom is a bathroom which has been tiled from floor to ceiling and comprises of a large walk in shower, toilet and basin. The second bedroom offers a double room which has a door leading to a small enclosed courtyard. Leading to the rear of the property is the large open plan kitchen living space which offers over 11 meters of space. The kitchen has also been finished to a high specification with tiled flooring and access to the rear garden. A separate room has also been created to house the boiler for the property.

The first floor of the property offers a large open landing space offering a great space for use for extra storage. There are two bathrooms both finished to a high standard with floor to ceiling tiles with a shower, basin and toilet. The third bedroom features a laminate wood flooring and views over the garden. The four bedroom also offers views to the rear of the property, the fifth bedroom offers two windows overlooking Richards Street and ample bedroom space.

Leading to the loft extension the final two bedrooms offer both double rooms and velux windows on the front of the property in the seven bedroom.

The property is currently vacant and would make an ideal investment opportunity. We anticipate the following income on the property for the following academic years.

2024/2025 Academic Year

£550 per room excluding bills.

£3850 per month

£46,200 per annum

9.3% Gross Yield

2025/2026 Academic Year

£625 Per room excluding bills - Based on recent rentals achieved for 2024/2025 academic year on the street.

£4375 per month

£52,500 per annum

10.6% Gross Yield

For further information or to arrange a viewing please contact us as soon as possible.

Floor plans and tours

Floor plans (1)

Floor plan 1

Tours

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Uniek Residential

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Property descriptions and related information displayed on this page are marketing materials provided by - Uniek Residential. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Uniek Residential for full details and further information.

  1. Zoopla
  2. For sale
  3. Cardiff
  4. South Glamorgan
  5. Cathays
  6. Richard Street

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