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9 bedroom detached house for sale
North Road, Cardiff
£850,000
North Road, Cardiff
£850,000
Our Summary
- DESCRIPTIONATTENTION ALL INVESTORS; This is an opportunity to acquire a large corner building which has been fully converted into six self-contained 1-2-bedroom apartments, complete with both planning permission and building regulation approval, and fully fire regulated
- This is a very attractive investment opportunity, as in the future each flat could be sold off independently to create a return in excess of £1,000,000
Description
This is a unique investment opportunity to acquire a large corner building in a prime location, comprising six self-contained one and two-bedroom apartments. The property is fully fire-regulated, with complete documentation, and has been fully converted into six separate apartments. Each apartment has its own independent gas, electricity, and water supplies, and is fully equipped with modern kitchen and bathrooms, full PVC double glazing, and individual gas combi boilers. The building receives a gross income of £4375 per calendar month, and has current tenancies in place, providing an immediate income. The property is being sold as a company, with no stamp duty payable, and has potential to increase in value in the future, with each flat potentially selling off independently for over £1,000,000.