Rhymney Street, Cathays, Cardiff, CF24 4DG

REF: 17008875

4 BEDROOM HMO - 1 BATHROOM - ASKING PRICE £290,000 - TENANCY IN PLACE UNTIL 2026 - CURRENT RENTAL PER ANNUM £24,720 - RETURN ON INVESTMENT 8.5% - DESIREABLE LOCATION FOR STUDENTS

Sales and Lettings Angels are delighted to offer a terraced four bedroom HMO opening a healthy 8.5% ROI with a rental income of £2060 PCM / £24720 PA excluding all bills, with a tenancy in place until June 2026.
The property has a HMO Licence until 2029 and complies with C4 legislation. The property has been in the ownership of the current landlord for over 20 years and has been well maintained during this period and has never had a void period. Being located in the golden triangle area of Cathays the property is typically rented to students on a full 12 month contract.

The property features a hallway that leads to a semi open-plan kitchen and dining area, equipped with essential appliances including a washing machine, oven/hob, and fridge/freezer. The lounge is generously sized, providing ample space for students to dine and socialise comfortably. At the rear of the ground floor, there is a bathroom comprising a shower over bath, WC, and wash basin. Additionally, a small courtyard area is available, suitable for amenity use and cycle storage only.

Bedroom 1 is situated at the front of the ground floor, while Bedrooms 2 and 3 are located on the first floor. The final bedroom occupies the second floor. All bedrooms are evenly proportioned and come fully furnished with a double bed, desk, chair, and wardrobe (fitted in three out of the four rooms).

Rhymney Street is considered one of the most desirable locations in Cathays for students, due to its close proximity to Cardiff University’s main campus. It is also conveniently located near a range of local amenities on Woodville Road, Crwys Road, Salisbury Road, and within easy reach of Cardiff City Centre. The street benefits from good lighting and offers on-street residents’ parking.

Distances to local Universities..
Cardiff University - 12 minute walk, 3 minute cycle
USW Atrium - 18 mInute walk, 6 minute cycle
Cardiff Met Llandaff - 40 minute walk, 12 minute cycle - Buses available hourly - M1, M2, M3, M4
Cardiff Met Cyncoed - 38 minute walk, 12 minute cycle - Buses available hourly - M1, M2, Route 52
University Hospital of Wales - 34 minute walk, 9 minute cycle

Distances to local train stations..
Cathays - 6 minute walk, 2 minute cycle
Cardiff Central - 25 minute walk, 9 minute cycle
Queen Street - 12 minute walk, 6 minute cycle

Current rent: £515 PP PCM (£2060 PCM total)

EPC rating: D
Council tax band: D
HMO license valid until 2029

If you have any questions about the property or would like to arrange a viewing then please give one of our Angels a call on or email us at