Mackintosh Place, Cardiff£475,000
Under OfferUniek Residential - 07540 99549500000458
- 8 Bedroom HMO
- Incredible Investment
- 8.4% Current Yield
- Built in wardrobes in every room
- Great central location
- Fully let for 23/24 academic year
Welcome to the perfect investment for the New Year.
A stunning eight bedroom HMO located within the cusp of Roath & Cathays. The property is currently tenanted for this academic year providing a wonderful income. The property is being sold with no chain and provides an income immediately upon purchase.
As your enter the property on the right hand side is bedroom one this room features the bay windows and like all of the rooms a built in wardrobe to maximise the use of space for students, further down the hallways is bedroom two. the kitchen living area has been combined to create a lovely open plan feel as well as a separated utility space to the rear providing a laundry area for students as well as bathroom number one.
The first floor of the property comprises of a further four bedrooms all with built in wardrobes and the two further full bathrooms, the second floor of the property comprises of the dormer extension to provide adequate space for the seventh and eighth bedroom.
Income
Current Rent:
£430 per room not including bills
Per month = £3440
Per Annum = £41,280
2024/2025 Income potential
£480 Per room not including bills
Per Month £3840
Per annum £46,080
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