6 bedroom block of apartments for sale

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6 bedroom block of apartments for sale

Connaught Road, Cardiff, 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 desirable Roath area of Cardiff offers a fantastic investment opportunity, generating a rental income of £37,200 per annum. The property consists of two two-bedroom and two one-bedroom flats, which could benefit from some updating to unlock further growth potential. Located in the heart of Roath, the property enjoys easy access to local amenities, public transport, and Cardiff city centre, making it an attractive option for tenants. With a yield of approximately 7.5% based on the current asking price, this property presents a solid investment opportunity for those looking to generate a steady income.