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5 bed property, in Colum Road, £495,000
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5 bed flat

Colum Road, Cathays, Cardiff CF10
£495,000

Our Summary

  • ** GREAT INVESTMENT & LOCATION ** 3 x FLATS Located just outside of Cardiff City Centre, is this fantastic investment opportunity to acquire a freehold property, converted into into THREE FLATS
  • Currently made up of 2 spacious TWO BEDROOM FLATS ,and 1 ONE BEDROOM FLAT, with £38,640 yearly income, representing nearly an 8% yield, with potential to improve the rents

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Description

The property is a freehold conversion into three flats, located just outside of Cardiff City Centre. It currently consists of 2 two-bedroom flats and 1 one-bedroom flat. The individual flats are set up as follows: Flat 1 is a ground floor two-bedroom flat rented at £1,195 per month, Flat 2 is a first floor two-bedroom flat rented at £1,100 per month, and Flat 3 is a top floor one-bedroom flat rented at £825 per month.