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Stacey Road, Cardiff CF24 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 pleased to offer a recently refurbished block of three apartments in the heart of Cardiff, ideal for investors. The properties are vacant and offer potential rents of £1,200, £1,100, and £850 per month, with a potential yield of approximately 7.5% due to no service charges or ground rents. The apartments feature new kitchens, bathrooms, and carpets throughout, requiring no further work. Located near Stacey Road primary school and Cardiff city centre, with shops and eateries on Newport Road within a short walk, this is a great investment opportunity offering a long-term income.