5 bedroom block of apartments for sale

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5 bedroom block of apartments for sale

Earle Place, Cardiff(City), CF5
£545,000

Our Summary

  • **INVESTMENT OPPORTUNITY** **6

Description

This end-of-terrace property in Earle Place, Cardiff, offers a 6.7% return on investment through its three self-contained flats. Two of the flats have been newly refurbished to a high standard and are currently let to companies operating Airbnb, generating a combined rent of £1,900 PCM. The third flat has just become vacant and previously rented for £1,150 PCM. The property is located in an excellent position, just 10 minutes from the city center and Cardiff Bay, with a range of shops and amenities nearby. With a predicted rent of £1,200-£1,250 PCM for the vacant flat, this investment opportunity offers a significant return on investment.
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