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11 bed property, in Richmond Road, £850,000
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11 bed flat

Richmond Road, Cardiff
£850,000

Our Summary

  • Development potential with car park
  • Situated just outside the vibrant Cardiff City Centre, this exceptional investment opportunity on Richmond Road offers a collection of six luxury self-contained apartments
  • With the appropriate planning consents and building regulations in place, this area could be further developed, potentially increasing the property's value and rental yield
  • The combination of contemporary design, prime location, and the potential for further development makes this an incredibly attractive proposition for investors

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Description

The property is a three-story, mid-terrace, double-fronted building on Richmond Road, located just outside Cardiff's vibrant city center. It features six spacious one- and two-bedroom apartments, each with private parking spaces in a large residents' car park at the rear. The building offers a mix of modern and functional design elements, including contemporary kitchens, spacious living areas, modern bathrooms, and a combination of carpet, vinyl, and ceramic flooring.

The apartments range in size from 43 to 63 sq meters, and have EPC ratings of C and D. The property is currently let out for £65,100 per year and is available with freehold tenure.