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11 bedroom block of apartments for sale
Richmond Road, Cardiff
£850,000
Richmond Road, Cardiff
£850,000
Our Summary
- Situated just outside the vibrant Cardiff City Centre, this exceptional investment opportunity on Richmond Road offers a collection of six luxury self-contained apartments
- With the appropriate planning consents and building regulations in place, this area could be further developed, potentially increasing the property's value and rental yield
- This property is in excellent condition, having been fully converted and requiring no immediate work
- The combination of contemporary design, prime location, and the potential for further development makes this an incredibly attractive proposition for investors
Description
This exceptional investment opportunity on Richmond Road in Cardiff offers six luxury self-contained apartments, each with private parking spaces and a large residents' car park. The property, a three-story mid-terrace building, has been meticulously converted into spacious one- and two-bedroom apartments with modern kitchens, living areas, and bathrooms. The apartments are designed to provide a contemporary living experience, with features such as uPVC double-glazed windows, modern flooring, and chrome towel rail radiators. The property's prime location, within walking distance of the city center, Cardiff University, and transport links, makes it a highly desirable choice for professionals and students alike. With a current rental income of £65,100 per annum, this property presents an ideal turnkey investment opportunity for anyone looking to secure a reliable, high-yielding property in a sought-after location. Additionally, the potential for further development of the car park area offers an exciting opportunity to increase the property's value and rental yield.