Rhymney Street, Cathays, Cardiff, CF24 4DG

REF: 19310031

7 BEDROOM HMO - 2 BATHROOM - PRIME LOCATION - WELL MAINTAINED THROUGHOUT - RENTED UNTIL JUNE 2027 - CURRENTLY ACHIEVING £42,840 PA - ROI 9.5%

Sales & Lettings Angels are delighted to present this exceptional seven-bedroom, two-bathroom investment property, ideally situated in the heart of Cathays, offered at £450,000.This fully redecorated property (2024) has been meticulously maintained and consistently proves popular with students, making it an excellent opportunity for investors or landlords looking to expand their portfolio with a high-performing asset.

We have acted as the managing agent for several years and have successfully secured tenants until June 2027. The current tenancy runs until June 2026, generating £3,570 PCM (£42,840 per annum). From July 2026, the rental income will increase to £3,745 PCM (£44,940 per annum), delivering an approximate gross yield of 10%.

All safety certificates have been kept up to date in line with legislation. The EICR is due to expire in November at the end of this year, with the GSC expiring January 2027 and EPIC November 2031. The HMO license was renewed in September 2022 and will be due to expire in September 2027. Annual Fire Risk Assessments and Legionella Risk Assessments are also carried out at the property.

The property is arranged over three floors. The ground floor comprises two bedrooms, a contemporary shower room with separate WC, and a spacious open-plan kitchen and living area to the rear, with direct access to the garden. The modern kitchen features a sleek grey and white finish and is fully equipped with an oven, hob, American-style fridge/freezer, additional under-counter fridge, washer-dryer, and dishwasher.

The first floor offers three further bedrooms and a second bathroom, while the top floor accommodates the remaining two bedrooms. Each bedroom is furnished with a double bed and mattress, bedside table, desk, desk chair, and ample storage space.

Externally, the property benefits from a generously sized, low-maintenance gravelled rear garden — ideal for student living.

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.

Current EPC rating: D / expires: 23/11/2031
EICR expires: 02/11/2026
GSC expires: 08/01/2027
FRA expires: 23/01/2027
LRA expires: 23/01/2027
HMO license valid until: 11/09/2027

Current EPC rating: D
Council tax band: D

Distances to local Universities -
Cardiff University Main Building - 12 minute walk, 3 minute cycle
Cardiff University Business School – 13 minute walk, 4 minute cycle
University of South Wales Cardiff Campus- 18 mInute walk, 6 minute cycle
Cardiff Metropolitan University Llandaff Campus - 40 minute walk, 12 minute cycle – Bus routes- M1, M2, M3, M4
Cardiff Metropolitan University Cyncoed Campus - 38 minute walk, 12 minute cycle – Bus routes - M1, M2, Route 52
University Hospital of Wales - 34 minute walk, 9 minute cycle - Bus routes – 8, 9, 51 and 53

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

If you are interested in this property, please call one of our Angels on or email and we can arrange a viewing appointment for you.