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Whitchurch Road, Heath, Cardiff, CF14 Mixed use for sale
Whitchurch Road, Heath, Cardiff, CF14
£900,000
Whitchurch Road, Heath, Cardiff, CF14
£900,000
Our Summary
- Future potential market rent is £850PCM
- Flat 3 – Dated two bedroom apartment
- Dated presentation
Description
This mixed-use property in Wales offers a unique investment opportunity, comprising four residential apartments and two commercial units, with a gross yield of 7%. The property is currently occupied, with all residential units having compliant rental agreements and minimal void periods. The commercial units, a takeaway and nail bar, are also fully let, generating a combined income of £1,600 per month. The property benefits from a sought-after location, close to transport links and the A470, and has potential for further rental income and refurbishment to increase its value. Additionally, the two garages provide further income potential, with one currently occupied by the owner and the other rented out for £200 per month.