>
9 bed block of flats
Richmond Road, Roath CF24
£725,000
Richmond Road, Roath CF24
£725,000
Our Summary
- With strong yields, a balanced mix of one- and two-bedroom apartments, and a location that appeals to both students and professionals, this property offers reliable returns and long-term capital growth potential
Description
This is an excellent investment opportunity to acquire a fully let block of six self-contained apartments in a prime location on Richmond Road, Cardiff. The property consists of a mix of one-bedroom and two-bedroom flats, each offering bright and comfortable accommodation in a consistently high-demand rental area. The property generates a total monthly income of £5,375 and an annual rental income of £64,500, delivering a strong 8.9% gross return and proven year-round occupancy. With a proven track record of attracting tenants, this investment offers reliable returns and long-term capital growth potential, making it an attractive opportunity for investors seeking a steady income stream.