6 bedroom house for sale

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6 bedroom house for sale

Coburn Street, Cardiff, CF24 4BQ
£420,000

Our Summary

  • However, there is significant scope for an investor to reconfigure the layout to enhance rental yield
  • With this reconfiguration, the property has the potential to achieve up to £625 per person PCM (£3,750 PCM)
  • SCOPE TO RECONFIGURE LAYOUT

Description

This six-bedroom HMO property in Cathays is available for an asking price of £420,000 and currently generates an annual rental income of £34,200, providing a return of 8.1%. The property has a unique layout with two separate kitchen/living areas and has undergone recent improvement works. The current rental income is £2,850 PCM, but there is scope to increase this by reconfiguring the layout to create a larger communal living space. The property is fully furnished and has two fully tiled bathrooms, one on each floor. The property is currently tenanted until June 2026 and has all necessary certifications and licenses in place, including a HMO licence until 2030. With its prime student location and potential for increased rental yield, this property is a great investment opportunity.