Connaught Road, Roath
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
8
- BATHROOMS
5
- SIZE
Ask agent
- 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 block of five self-contained flats arranged over three floors
- Impressive rental income of £61,200 per annum (£5,100 pcm)
- Excellent mix of accommodation including one, two and three-bedroom apartments
- All five flats currently let, providing an established income stream
- Three flats benefit from EPC ratings of C, with the remaining two rated D
- Highly sought-after Roath location close to Albany Road, Wellfield Road and Cardiff City Centre
Description
An excellent opportunity to acquire this substantial block of five self-contained flats, arranged over three floors and ideally positioned on Connaught Road in the ever-popular area of Roath.
The property offers an attractive mix of accommodation, comprising three one-bedroom flats, one two-bedroom flat and a spacious three-bedroom flat. All five apartments are currently let, providing an established and impressive rental income of £5,100 pcm, equating to £61,200 per annum.
The individual flats comprise:
Flat 1 – One bedroom | 30m² | £800 pcm | EPC D
Flat 2 – Two bedrooms | 47m² | £1,000 pcm | EPC D
Flat 3 – One bedroom | 30m² | £875 pcm | EPC C
Flat 4 – One bedroom | 33m² | £850 pcm | EPC C
Flat 5 – Three bedrooms | 63m² | £1,575 pcm | EPC D
Connaught Road is a highly popular residential location, ideally placed for the excellent range of amenities along Albany Road, Wellfield Road and surrounding Roath, with Cardiff City Centre also within easy reach. The area continues to attract strong rental demand from both professional tenants and students.
With five self-contained units, excellent rental income and a highly desirable Roath location, this is a particularly attractive opportunity for an investor seeking a substantial residential investment with a strong and established income stream.
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: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Connaught Road, Roath
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Affordability
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 10843423. 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.