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Block of apartments for sale
Stacey Road, Cardiff CF24
£495,000
Stacey Road, Cardiff CF24
£495,000
Our Summary
- Situated ideally for Cardiff city centre and within easy commute to surrounding towns this property offers great investment potential
- Currently vacant the properties offer potential rents of £1,200, £1,100 and £850 pcm
- With no service charges or ground rents to pay the potential yield is approx
Description
James Douglas estate agents are offering a recently refurbished block of three apartments in the heart of Cardiff, perfect for investors seeking a long-term income. The properties are situated in a prime location, within easy reach of Cardiff city centre and surrounding towns, and offer great potential rents of £1,200, £1,100, and £850 per month. With no service charges or ground rents to pay, the potential yield is approximately 7.5%. The apartments have been renovated with new kitchens, bathrooms, and carpets throughout, requiring no further work, just move-in ready. The area is well-connected, with Stacey Road primary school nearby, and Cardiff city centre, Newport road shops, and eateries within walking distance.