Fairoak Road, Cardiff
- 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
- Substantial period gable-fronted block of five self-contained flats arranged over three floors.
- Prime Roath Park location, just moments from the park and within easy reach of the University Hospital of Wales.
- Fully let investment producing a gross annual rental income of £47,100.
- Strong and consistent demand from professionals and medical staff in this highly sought-after rental location
- Immediate income-producing asset offering an excellent opportunity for investors seeking a well-established and fully occupied investment.
Description
A substantial period gable-fronted terraced block of five self-contained flats, occupying a prominent position in the heart of Roath Park. Displaying an attractive Arts and Crafts-style façade with distinctive gables, decorative timber detailing and red tile-hung elevations, the property enjoys excellent kerb appeal and is situated just a stone's throw from Roath Park and within easy reach of the University Hospital of Wales.
The location has consistently proved popular with professionals and medical staff, ensuring strong and reliable rental demand. Arranged over three floors, the building comprises five well-proportioned flats, all of which are currently let, producing a gross annual rental income of £47,100 per annum.
The accommodation comprises Flat 1 (31 sq m, EPC E), currently let at £825 per calendar month; Flat 2 (34 sq m, EPC D), £795 per calendar month; Flat 3 (37 sq m, EPC C), £795 per calendar month; Flat 4 (24 sq m, EPC D), £695 per calendar month; and Flat 5 (44 sq m, EPC D), £815 per calendar month.
Offering an immediate income-producing investment in one of Cardiff's most established and sought-after residential locations, this is an excellent opportunity for investors seeking a fully let asset with a proven letting history and strong long-term rental appeal.
We are advised by the vendor that provisions of electricity, water and sewerage are connected to a mains supply, and no materials used in construction may impact a buyer's enjoyment, mortgage availability, or insurance availability, and there are no issues or restrictions on mobile signal/coverage.
- 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: C
- 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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Fairoak Road, Cardiff
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Visit our security centre to find out moreDisclaimer - Property reference 10809414. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.