>
3 bedroom terraced house for sale
City Road, Cardiff(City), CF24
£525,000
City Road, Cardiff(City), CF24
£525,000
Our Summary
- Hafren Properties are pleased to offer you this investment opportunity comprising a mixed use commercial/residential property with planning permission for three self-contained flats in City Road, Cardiff
- The property has planning permission for conversion of the upper floors and part of the ground floor with extension into three self-contained flats, while retaining part of the ground floor as a retail unit
Description
This mixed-use property in City Road, Cardiff, offers a unique investment opportunity. The property currently comprises a ground floor commercial retail unit and a spacious three-bedroom duplex with a large garden, both of which are let, generating a combined rental income of £31,740 per annum. The property has planning permission to convert the upper floors and part of the ground floor into three self-contained flats, while retaining part of the ground floor as a retail unit. The property is located in an excellent position, within walking distance of Cardiff University and the city center, with a range of shops, restaurants, and transport links nearby. The property's existing layout includes a 375 sq. ft. commercial unit and a three-bedroom duplex with a large garden, and has an EPC rating of D.