Wyeverne Road, Cardiff
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- BATHROOMS
1
- SIZE
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- TENUREDescribes 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
- GOLDEN TRIANGLE
- COMMERCIAL WITH RESIDENITAL ABOVE
- HMO LICENCE
- CLOSE TO CITY CENTRE
- RENTED 2024/2025
- EXCELLENT INVESTMENT OPPORTUNITY
- 8% YIELD
Description
The accommodation comprises of a 3 bedroom, 1 bathroom HMO. The flat is occupied by students, it's currently achieving £1000pcm and is let for the next academic year at £1200pcm.
The commercial unit is currently occupied by a takeaway restaurant (Use Class E), the premise is circa 43msq/460sqf. The unit let for £750pcm and is soon subject to a rent increase. The lease is a 27 year lease with 10 years remaining.
There is opportunity to convert the roof space into an additional 2 bedrooms, turning this 3 bed HMO into a 6 Bed HMO (subject to planning approval).
Total Annual Income: £23,400
Purchase Price: £260,000
Yield: 9%
This is a great opportunity to acquire a lucrative investment, producing immediate cash flow. Give our sales team a call today to discuss!
Kitchen - 3.91 x 2.00 (12'9" x 6'6") -
Bedroom One - 3.16 x 3.45 (10'4" x 11'3" ) -
Bedroom Two - 3.73 x 3.22 (12'2" x 10'6") -
Bedroom Three - 3.73 x 2.84 (12'2" x 9'3" ) -
Lounge - 3.92 x 2.00 (12'10" x 6'6") -
Brochures
Wyeverne Road, CardiffBrochure- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Wyeverne Road, Cardiff
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cathays Station0.2 miles
- Cardiff Queen Street Station0.5 miles
- Cardiff Central Station1.0 miles
About the agent
Key Executive Sales, Cardiff
117-120 Bute Street, Cardiff, CF10 5AE
Key Executive Sales are a new branch of Keylet Sales & Lettings. We focus on the sales of Executive properties across the entirety of Cardiff, Penarth and the Vale. We have over 20 years worth of experience.
Let's see what we can do for you!
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