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9 bedroom detached house for sale
The Retreat, Penylan, Cardiff
£575,000
The Retreat, Penylan, Cardiff
£575,000
Our Summary
- Description - Step into a lucrative investment opportunity with this established 9-bedroom HMO in the heart of Penylan, Cardiff
- A property that not only promises steady rental income but also offers versatility in its potential uses
- However, the potential of this property doesn't end with its current HMO status
- With no onward chain, this property is ready for the next investor to realize its full potential
Description
This exclusive 9-bedroom HMO in Penylan, Cardiff, is a lucrative investment opportunity with approved plans to convert it into 6 individual apartments. Situated in a sought-after area, the property is close to key amenities and offers a balance of city living and tranquility. The property has been designed to cater to modern tenants, with each room providing ample space and comfort. Historically, it has generated a modest £4,400 per month, offering a 10% ROI. With its versatility, the property can be reimagined as a spacious family home or continued as an HMO, making it a rare and exciting opportunity for investors or those looking to transform a property. With no onward chain, this property is ready for the next investor to realize its full potential and capitalize on its excellent rental income and growth potential.