May Street, Cathays, Cardiff, CF24 4EW
- PROPERTY TYPE
House
- BEDROOMS
5
- BATHROOMS
2
- SIZE
1,034 sq ft
96 sq m
- 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
- 9.33% Gross Yield (£360k asking price)
- £33,600 PA / £2,800 PCM income
- Let to 30th June 2028 (zero initial void)
- All furniture & inventory included
- Licensed 5-Bed HMO (valid to Sept 2029)
- Renovated 5 years ago (low CAPEX)
- Full compliance on file (EICR, GSC, FRA, LRA)
- Prime "Golden Triangle" (0.6 mi to Cardiff Uni)
- 2 Bathrooms + separate W/C (3 toilets total)
- Freehold | EPC C | Council Tax Band D
Description
Turnkey 5-bedroom licensed HMO in the heart of Cathays’ coveted "Golden Triangle". Sold fully furnished as an ongoing going concern, with fixed tenancy secured until 30th June 2028 producing £2,800 PCM (£33,600 PA). Zero initial void periods, full Cardiff Council HMO licence valid until September 2029, EPC C, and complete compliance pack (EICR, GSC, FRA, LRA) on file for rapid exchange.
Commercial Overview & Turnkey Going Concern
Offered to the market as a fully established, hands-off student investment, 5 May Street represents a rare opportunity to acquire a performing 5-bedroom licensed HMO in the absolute center of Cathays' prime student "Golden Triangle".
Priced at £360,000, the asset delivers an immediate 9.33% gross yield, generating £2,800 per calendar month (£33,600 per annum).
The property is sold with all existing furnishings, integrated white goods, and inventory included, alongside an active tenancy agreement locked in until 30th June 2028. An incoming purchaser benefits from immediate day-one rent collection on legal completion, with zero voids, zero re-letting or marketing fees, and no capital outlay required for furnishing.
Due to strict C4 HMO planning thresholds in Cathays, fully licensed 5-bed stock in this micro-location commands exceptionally high capital protection and consistent, unbroken student letting cycles.
Financial Profile
Asking Price: £360,000 (Freehold)
Contracted Rent: £2,800.00 PCM (£33,600.00 PA)
Gross Yield: 9.33%
Tenancy Duration: Fully let until 30th June 2028 (Tenancy included in sale)
Inventory / Furniture: 100% included in the purchase price
Specification & Capital Expenditure
Comprehensively renovated five years ago, the property was engineered specifically for low-maintenance, high-occupancy student letting:
Interlinked hardwired smoke and heat detection system.
Hard-wearing flooring throughout high-traffic circulation and communal zones.
Solid EPC Rating C (96 sq m footprint), safeguarding the asset against future minimum energy efficiency standards.
Accommodation Breakdown (Fully Furnished)
Ground Floor:
Entrance Hallway: Fire-door compliant circulation hallway leading through to ground-floor living quarters.
Bedrooms 1 & 2: Two double bedrooms, fully equipped with double beds, mattresses, wardrobes, and integrated study desks.
Shower Room 1: Neatly positioned between the two front bedrooms, fitted with a shower cubicle, wash hand basin, and W/C.
Fitted Kitchen: Contemporary kitchen with electric hob, integrated oven, extractor hood, fridge/freezer, sink, and dual breakfast bars with stools. Direct access out to the bike storage courtyard.
Living Room: Dedicated communal lounge complete with sofas and furnishings, featuring double French doors opening out to the rear garden.
First Floor:
Bedrooms 3, 4 & 5: Three further fully furnished double study bedrooms with neutral carpets, double beds, wardrobes, and custom desks. The large front bedroom spans the full width of the elevation with generous proportions.
Bathroom & Separate W/C: Contemporary bathroom suite comprising bath with overhead shower, wash hand basin, and toilet, complemented by an additional separate W/C room positioned between bedrooms (providing 2 bath/shower facilities and 3 toilets across the property).
External:
Rear Grounds: Private, two-tiered gravelled courtyard designed specifically for zero-maintenance upkeep.
Bike Storage: Separate enclosed side courtyard providing secure, off-street bicycle storage.
Location & Macro Fundamentals
Cathays remains Wales' most resilient student micro-market. May Street is situated within walking distance of key academic institutions and local hubs:
Cardiff University Main Campus: 0.6 miles
Cathays Railway Station: 0.5 miles
Queen Street Station: 1.0 miles
University of South Wales: 1.3 miles
Local Amenities: 1-minute walk to Sainsbury’s Local, with The Woodville, The Crwys, and Stag Coffee on the doorstep.
Conveyancing & Compliance Pack
A full legal and safety pack is on file and ready to be issued to the buyer’s solicitor:
Cardiff Council HMO Licence: Ref 526864 (Full 5-person licence valid to 09/09/2029).
Electrical Safety (EICR): Satisfactory certificate on file (valid through 25/11/2027).
Gas Safety (GSC): Current annual CP12 certificate.
Risk Assessments: Certified Fire Risk Assessment (FRA) and Legionella Risk Assessment (LRA).
EPC: Band C.
Tenure: Freehold.
Brochures
May Street, Cathays, Cardiff, CF24 4EWBrochure- 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: D
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Permit
- 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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Visit our security centre to find out moreDisclaimer - Property reference 35043106. 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 Lettings Angels, Cathays. 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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