6 bedroom block of apartments for sale

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6 bedroom block of apartments for sale

Connaught Road, Roath, CF24
£490,000

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

Description

This block of four flats in the sought-after Roath area of Cardiff presents a fantastic investment opportunity, currently producing a rental income of £38,400 per annum. The property comprises two 2-bedroom and two 1-bedroom flats, with potential for further growth through updating. Located in a prime spot, the property benefits from easy access to local amenities, including banks, parks, and restaurants, as well as being within walking distance to Cardiff city centre and the University. With a regular bus service nearby, this property offers a great balance of location and investment potential, yielding approximately 8% based on the current asking price.
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