Upper Floor, Glynteg House, Richs... 8 bed apartment for sale

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Upper Floor, Glynteg House, Richs... 8 bed apartment for sale

Upper Floor, Glynteg House, Richs Road, Ely, Cardiff, South Glamorgan, CF5 4AA
£39,000

Our Summary

  • FOR SALE BY AUCTION - -Lot 5 - Residential / Commercial Investment OpportunityONLINE AUCTION from 29th JULY-31st JULY 2025Incredible investment opportunity to own a large apartment/office space
  • The potential and ideas on this space are endless (subject to necessary planning)
  • Could also be rented out as an office space or could be refurbished and re-sold on the open market this would create an unique opportunity and a high GDV would be achieved due to the size of the 156sqm property
  • Investment opportunity

Description

This is a unique investment opportunity to own a large apartment/office space in Ely, Cardiff, with a total area of 156 square meters. The property has 8 bedrooms, an office, dining room, kitchen, lounge, WC, 3 bathrooms, and a loft space, offering endless possibilities for renovation and redevelopment. The current layout could be converted into a large family home, a house of multiple occupation (HMO), or a serviced accommodation for short-term lets. With its prime location on the A48, the property is just 3 miles from Cardiff city center and has easy access to the M4 motorway. The property has the potential to generate a significant income through rental or resale, with projected annual rental income of £62,400 for an HMO or £2,500 per month for a single large apartment.