Glenroy Street, Cardiff£295,000
On MarketUniek Residential - 07540 99549500000434
- Four bedroom HMO property
- Fully let for £1600 PCM
- In the heart of Roath
- Investment opportunity
Prime Investment Opportunity in Roath, Cardiff!
Calling all investors! Here's your chance to secure a lucrative investment in the bustling heart of Roath, Cardiff. We proudly present this outstanding Four-Bedroom HMO available for sale which is currently generating £1600 per month (excluding bills) - a fantastic opportunity to add to your property portfolio!
This HMO property promises a consistent monthly rental income, making it an attractive choice for investors seeking reliable returns. We anticipate with the increase in demand for accomidation in Cardiff the monthly income of this property will rise closer to £2000 PCM for the next academic year.
the property comprises of four spacious bedrooms offering generous living spaces, each bedroom is designed to attract quality tenants. The open plan kitchen living area opens up the space to create a more communal environment within the property.
With tenants responsible for utility bills, your expenses are kept to a minimum, maximizing your return on investment. The property at its current income is generating a 6.5% return on investment. With the anticipated increase in rent the return on investment to 8%.
Roath is a sought-after area known for its strong rental demand. Enjoy the benefits of a vibrant community, easy access to Cardiff city center, and proximity to essential amenities.
Cardiff's property market has been experiencing steady growth, making this investment an excellent long-term asset.
This property is HMO compliant, ensuring you adhere to all relevant regulations and enjoy the flexibility of multiple tenants. Our team is experienced in working with investors and can provide valuable insights into maximizing your returns.
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