Ninian Road, Penylan, Cardiff, CF23 5EF

Freehold three story terraced property converted into four self contained apartments.

A unique opportunity to own a property on one of the most prestigious and attractive roads in Cardiff.

Current annual rent £43,800 PA providing a healthy ROI of 7.4% Rented until 2026

EPC - C

Sales and Lettings Angels are delighted to offer number 25 Ninian Road to the market. This beautiful Victorian villa in Penylan is split into four apartments offering a current 7.4% ROI and is based in a conservation area with rear lane access.

The property overlooks Roath Recreational Park and Ninian Road is famed for being beautifully lined with beech trees. This is always one of the main attractions for tenants as Flat 1, 2, and 4 benefit from large windows offering wonderful views over this fabulous green space, which extends to Roath Tennis Club and gardens, and also Roath Park Lake.

The property is situated close to Welfield Road so demand for the apartments to rent is always incredibly high as all amenities including restaurants, small supermarkets, bars etc are within a 5-minute walk and Cardiff City Centre is around a 30-minute walk / short bus ride away being on a bus route.

Cardiff Council offers parking permits for the occupants of each apartment and non-permit parking spaces are also located close by. There is no allocated parking spaces or garage with the property.

The interior and exterior of the property have been incredibly well maintained by the current owner and Sales & Lettings Angels have Managed the block since 2016 so have full details of all major and minor renovation work during this time.

The building was converted pre 1990 when the current owners purchased the property. No HMO is required as full building regulations have been adhered to.

The property which is offered freehold, which can be split into four leasehold apartments subject to obtaining the correct consents consists of the following:

Flat 1 - Very large two double bedroom apartment occupying the entire ground floor with private access to a large enclosed paved garden with rear lane access. Separate utility room, kitchen, lounge, bathroom either bath and shower over, WC and covered storage area to area.

Flat 2 - First floor front one bedroom apartment with separate lounge, kitchen and shower room. Bay window with views over parkland

Flat 3 - First floor rear Studio apartment consisting of living / bedroom with fitted wardrobes, a separate kitchen and bathroom

Flat 4 - Second floor apartment - very large one bedroom apartment spread over the entire floor comprising a lounge with park views, separate large/breakfast room, double bedroom and bathroom with shower over.

Communal area - Carpeted entrance hallway with PIR lighting to the first floor with Flat door located on the first floor and the remaining three flats offered from the tiered first-floor landing

Front Garden - Set back front the road and paved

Rear Garden - Paved with stone walls to all sides and rear gate offering access to the rear lane

The property will be sold with the current tenancies in place as seen and will include all furniture. Inventories are available for all apartments on request.

All apartments are up to date with all safety certificates

The property offers the new owner the option of either leaving the apartments in their existing configuration and condition or the potential, with appropriate consents being granted to reconfigure the apartments or renovate to increase the rental yield.

The vendor has been incredibly proactive in maintaining this beautiful property, including upgrades/replacement of roof structures, rainwater goods, and internal fittings.

EPC - All apartments are graded C

Council tax bands
Flat 1 - E
Flat 2 - B
Flat 3 - C
Flat 4 - D

A buyer's pack is available with further investment information and photographs of each apartment in folders for your ease of viewing.

Buyers are required to provide proof of funding prior to viewing and compliance with AML regulations should you wish to offer on this property.

Viewings are available Monday - Saturday

Please ask to speak with Kelly Simms specialist HMO Investment adviser for further information