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Miskin Street, Cathays

PROPERTY TYPE

Terraced

BEDROOMS

6

BATHROOMS

2

SIZE

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TENURE
Describes 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

  • Annual rental income of £38,985
  • Approximate 8% gross yield
  • Fully let 6-bedroom HMO
  • Prime Cathays location
  • Arranged over two floors
  • Spacious open-plan kitchen/living room
  • Excellent investment opportunity with established rental histor

Description

A fantastic opportunity to acquire this fully let 6-bedroom HMO situated on the popular Miskin Street, Cathays, an established student location offering consistent rental demand and excellent investment potential. Currently generating an annual rental income of £38,985, the property offers an attractive 8% gross return, making it a superb investment for both seasoned and first-time landlords.

Arranged over two floors, the property provides six well-proportioned letting bedrooms, two modern shower rooms, and a spacious open-plan kitchen/living room, creating an ideal communal space for tenants. To the rear is an enclosed garden, adding valuable outdoor space.

Perfectly positioned within easy walking distance of Cardiff University, the Student Union, University Hospital of Wales and the excellent selection of shops, cafés and restaurants along Salisbury Road and Crwys Road, the property enjoys strong demand from students year after year.

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.

Kitchen, Living & Dining

5.94m x 3.4m - 19'6" x 11'2"

Bedroom

4.6m x 3.79m - 15'1" x 12'5"

Bedroom

3.58m x 3.26m - 11'9" x 10'8"

Bedroom

2.76m x 3.99m - 9'1" x 13'1"

Bedroom

2.83m x 3.15m - 9'3" x 10'4"

Bedroom

4.63m x 2.45m - 15'2" x 8'0"

Bedroom

3.99m x 2.28m - 13'1" x 7'6"

Bathroom

3.35m x 1.95m - 10'12" x 6'5"

Shower Room

1.81m x 0.99m - 5'11" x 3'3"

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: F
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.
Yes
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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Miskin Street, Cathays

Approximate location

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__mins driving to your place

Affordability

Monthly repayments£2,433
Property: £ 485,000
Deposit: £ 48,500
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Recently sold & under offer
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About CPS Homes, Cardiff

66 Albany Road, Roath, Cardiff, CF24 3RR
Industry affiliations:

About Us

Here at CPS Homes, we have a group of hard-working individuals who are passionate about matching the people of Cardiff to their dream homes. We'll guide you every step of the way, from helping you present your property for viewings and a unique video tour that sets your listing apart, through to unwavering sales progression support once an offer has been accepted. You're in safe hands with Nathan, Sian and the team who have a combined 50+ years experience in the industry and an unparalleled knowledge of the Cardiff property market.

Whether you'd like to arrange a valuation or simply have a question you'd like some expert guidance on, we welcome you to get in touch on 02920 454555 or email sales@cpshomes.co.uk.

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Disclaimer - Property reference 10812065. 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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