4 bed block of flats

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4 bed block of flats

Cowbridge Road West, Cardiff CF5
£550,000

Our Summary

  • This block of flats on Cowbridge Road West offers a distinctive investment opportunity in Cardiff
  • The modern interiors reduce the need for any initial refurbishing costs

Description

This property, located on Cowbridge Road West in Cardiff, offers a unique investment opportunity with a rental income of £42,000 per annum, representing a 7.6% ROI. The property has been converted into serviced apartments, with three single-bedroom apartments and one double-bedroom apartment, each with its own kitchen, bathroom, and living space. The property benefits from excellent access to local amenities, public transport links, and off-street parking. The modern interiors are ready for immediate rental, eliminating the need for initial refurbishing costs. With a total income potential of £65,000 per annum as serviced apartments, this property is an excellent choice for investors seeking a versatile investment in Cardiff.