Connaught Road, Cardiff CF24 6 bed block of apartments for sale

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Connaught Road, Cardiff CF24 6 bed block of apartments for sale

Connaught Road, Roath, CF24
£485,000

Our Summary

  • We are delighted to present to market this block of four flats, presenting a fantastic investment opportunity in the heart of the sought after Roath area
  • The property would benefit from some updating which would offer further growth potential
  • Investment Opportunity

Description

This block of four flats in the popular Roath area of Cardiff offers a fantastic investment opportunity, generating a rental income of £37,200 per annum and yielding a return of approximately 7.5% based on the current asking price. The property consists of two 2-bedroom and two 1-bedroom flats, which would benefit from some updating to unlock further growth potential. The location is prime, with easy access to local amenities, Cardiff city centre, and the University, as well as good transport links. With its current rental income and potential for capital growth, this property presents an attractive opportunity for investors.
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