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4 bed terraced house
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Our Summary
- Loft conversion potential for additional rental income (STP)
- Further storage is provided in the lounge and off the landing, along with a large loft with retractable ladder offering scope for additional rental space, subject to consents
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Description
The property is a 4-bedroom HMO located in the heart of Roath, with a fully licensed and income-producing property since 2014. It has an entrance hall, spacious living room, separate dining room, and a modern fitted kitchen on the ground floor, with three further bedrooms and a family bathroom on the first floor. The ground floor kitchen is well-equipped with appliances, and the lounge/diner has a wall-mounted TV and unlimited Virgin broadband.
The property has double glazing, gas central heating, and hot water via a combi boiler. There is a small south-facing rear garden and a front forecourt, as well as a large loft with scope for additional rental space. The property has a current gross annual rental income of £25,980 and a net annual profit of £20,263.