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Richards Street, Cardiff

PROPERTY TYPE

House of Multiple Occupation

BEDROOMS

7

BATHROOMS

3

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Seven bedroom HMO
  • Golden Triangle Location
  • Brand new development
  • 9.3% Gross Yield
  • Perfect investment opportunity
  • No chain

Description

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.

Brochures

Full Details

Energy performance certificate - ask agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Exempt

Richards Street, Cardiff

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cathays Station0.2 miles
  • Cardiff Queen Street Station0.7 miles
  • Cardiff Central Station1.1 miles
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About the agent

Uniek Residential Limited, Cardiff

92 Woodville Road, Cathays, Cardiff, CF24 4ED

Uniek Residential Limited, Cardiff

Here at Uniek we've been there, we've rented properties and understand what we people want, what makes for an easy, straightforward rental. We are here to make the procedure as easy, fun and stress free as possible dealing with real people, real properties for a honest, real service.

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Disclaimer - Property reference 12337916. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Uniek Residential Limited, Cardiff. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.

**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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