£699,950
8 bed block of flats for sale
Richmond Road, Cathays, Cardiff CF24Freehold
8 beds
5 baths
5 receptions
Key information
Tenure
Freehold
Council tax band
C
CPS Homes
About this property
Substantial Block of Apartments
Great for Professionals & Students
Income £56,880 pa
3 x 2 Bedrooms 2 x 1 Bedrooms
Close to the City Centre
All Units Fully Let
An exciting opportunity to purchase this investment block of five apartments, in the heart of Roath, which are fully let with an annual income of £56,940 giving a return in excess of 8%.
Richmond Road is a fantastic location within a short stroll into the vibrant City Centre and only a short distance from the Cardiff Universities making this popular for both professionals and students. Each apartment has modern fitted kitchens and bathrooms.
Flat 1 - 2 bedroom ground floor flat Let at £900
Flat 2 - 1 bedroom ground floor flat let at £825
Flat 3 - 2 bedroom first floor flat let at £1050
Flat 4 - 1 bedroom first floor flat let at £870
Flat 5 - 2 bedroom second floor flat let at £1095
£4740 per month
£56,880 per year
More information
Listed by
CPS Homes