Piercefield Place, Adamsdown
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
5
- BATHROOMS
5
- 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
- Fully let block of 5 self-contained apartments
- Generating £46,800 annual income (8.5% yield)
- Prime location just off Newport Road near city centre
- Well-proportioned units ranging from 24 m² to 44 m²
- Strong tenant demand with immediate rental return
Description
Prime Investment Opportunity – Fully Let Apartment Block Near City Centre
An excellent opportunity to acquire a well-presented residential development located just off Newport Road, only moments from the vibrant city centre.
This attractive conversion comprises 5 self-contained apartments, all fully tenanted, generating a strong annual rental income of £46,800, delivering an impressive 8.5% yield.
Property Breakdown:
Flat 1: £785 pcm | 34 m² | EPC D
Flat 2: £700 pcm | 24 m² | EPC E
Flat 3: £830 pcm | 44 m² | EPC D
Flat A: £765 pcm | 33 m² | EPC E
Flat B: £820 pcm | 37 m² | EPC E
The property benefits from a highly desirable location with excellent access to local amenities, transport links, and the city centre, ensuring continued tenant demand.
This is an ideal turnkey investment with immediate income and strong returns.
Early viewing is highly recommended – contact us today to secure your appointment.
- 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.
- Band: TBC
- 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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Piercefield Place, Adamsdown
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Visit our security centre to find out moreDisclaimer - Property reference 10754348. 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 CPS Homes, Cardiff. 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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