96 Whitchurch Road, Cardiff, CF14
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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
- Investment
- City Centre
Description
The property comprises a three-storey mid terraced building comprising a mix of retail and residential.
The ground floor consists of a self-contained retail unit benefiting from frontage onto Whitchurch Road along with a two-bedroom apartment. Across the first and second floors, there is a studio apartment and two one-bedroom apartments, each featuring double rooms, a bathroom, and a kitchen/lounge area. The one-bedroom apartment on the first floor includes a balcony, while the second-floor apartment benefits from a Juliet balcony.
The residential accommodation has been refurbished to a high specification and benefits from the convenience of smart technology, allowing access to apartments via mobile phone.
Investment Summary.
• Attractive investment opportunity in a prime location
• The investment comprises a self-contained restaurant and a two-bedroom apartment on the ground floor, along with a studio apartment and two one-bedroom apartments on the upper floors, let under four separate ASTs
• Ground floor lease let to The Dough Thrower on a 10-year term from 01/05/2022
• Situated in a popular residential area on Whitchurch Road with various local cafes and restaurants
• Producing £54,300 per annum
• We are instructed to seek offers in the region of £700,000 reflecting an attractive Net Initial Yield of 7.38%, after deducting standard purchaser's costs of 5.05%
Cardiff is the Capital City of Wales and has an estimated population of 342,000 with a further 1.2 million within a 45-minute travel time. The city is the commercial, cultural and retail centre for Wales.
The property is situated on Whitchurch Road, a popular area north of Cardiff City Centre with a mix of residential and commercial uses. Whitchurch Road is characterised by a range of local restaurants, cafes and retail, attracting both residents and visitors.
Cardiff City Centre, with its wide range of amenities, is located approximately 2.5 miles to the south. The property is well served by public transport, with regular bus services to the City Centre and good accessibility to Cathays train station located 1 mile away.
Brochures
More Details96 Whitchurch Road.p- 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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Energy performance certificate - ask agent
96 Whitchurch Road, Cardiff, CF14
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Visit our security centre to find out moreDisclaimer - Property reference CAC012552504. 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 Knight Frank, Cardiff - Commercial. 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.
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