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Wyeverne Road, Cathays

PROPERTY TYPE

Terraced

BEDROOMS

8

BATHROOMS

3

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

  • Eight-bedroom student investment property.
  • £52,900 annual rental income – approximately 9.5% gross yield.
  • Currently let until 2028
  • Prime Cathays location within Cardiff's Student Golden Triangle
  • Renovated in recent years with three modern shower rooms.
  • Open-plan living accommodation and enclosed rear garden.

Description

A fantastic opportunity to acquire this substantial eight-bedroom student investment property, ideally positioned in the heart of Cathays, within Cardiff's highly sought-after Student Golden Triangle. Currently let until 2028, generating an impressive annual rental income of £52,900 and an approximate gross yield of 9.5%, making this an excellent addition to any investment portfolio.

The property has been renovated in recent years and offers generous accommodation arranged over three floors. The ground floor comprises an open-plan living room and kitchen with direct access to the enclosed rear garden, two bedrooms and a modern shower room. The first floor provides a further four bedrooms and two modern shower rooms, with the remaining two double bedrooms occupying the second floor.

Perfectly located for Cardiff's universities, with a wealth of student amenities, shops, bars and restaurants right on the doorstep, this is a prime student investment in an established and consistently popular rental location.

We are advised by the vendor that provisions of electricity, gas, 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.

Please note: A non-refundable administration fee of £24 including VAT is payable per buyer to carry out the required AML verification checks once an offer has been accepted. The sale cannot proceed until these checks have been satisfactorily completed. This is on acceptance of offer only. Details can be found on our website.

Bedroom

3.98m x 2.32m - 13'1" x 7'7"

Shower Room

Bedroom

3.4m x 2.83m - 11'2" x 9'3"

Living Room/Kitchen

11.23m x 4.58m - 36'10" x 15'0"

1st Floor

Bedroom

3.53m x 2.35m - 11'7" x 7'9"

Bedroom

2.68m x 3.53m - 8'10" x 11'7"

Bedroom

3.33m x 2.52m - 10'11" x 8'3"

Shower Room

Shower Room

Bedroom

3.44m x 3.04m - 11'3" x 9'12"

2nd Floor

Bedroom

4.55m x 3.11m - 14'11" x 10'2"

Bedroom

4.55m x 3.19m - 14'11" x 10'6"

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: E
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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Wyeverne Road, Cathays

Approximate location

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Affordability

Monthly repayments£2,815
Property: £ 560,000
Deposit: £ 56,000
Interest rate: 5.35%
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 10860959. 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.
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