6 bedroom block of apartments for sale

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6 bedroom block of apartments for sale

Connaught Road, Cardiff CF24
£500,000

Our Summary

  • Situated ideally for Cardiff city centre and within easy commute to surrounding towns this property offers great investment potential
  • Each flat contains 2 beds, With refurbishment needed, this property provides an attractive prospect for investors looking to maximise returns

Description

James Douglas estate agents are offering a block of three apartments in the heart of Cardiff, ideal for investors seeking a high-yielding property. The flats, which are currently occupied, generate £1,200, £1,000, and £1,000 per month in rent, providing a total yield of 7.68% with no service charges or ground rents to pay. The property requires refurbishment, but offers an attractive prospect for investors looking to maximize returns. Located near Marlborough primary school and a short walk from Cardiff city centre, Albany road, and local shops and eateries, this property provides a long-term income stream.