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3 bedroom terraced house for sale
Orbit Street, Adamsdown, Cardiff, CF24 0JX
£225,000
Orbit Street, Adamsdown, Cardiff, CF24 0JX
£225,000
Our Summary
- This property presents a fantastic turnkey investment opportunity for those looking for rental income in a highly desirable location to students and professionals, offering an annual rent of £15,300 ( £1,275 pcm)
- The rental value could easily be increased with some basic modernisation however, the property requires no immediate capital investment
- This is a Council tax band - D rated property and is fully compliant with all necessary certifications, including an up-to-date gsc valid until April 2026, an eirc Report valid until December 2025, Legionella compliance certification valid until March 2026, and an EPC rating of C, valid until September 2028 but has the potential for improvement to a B
- 8% ROI - potential to increase to 8
Description
This charming 3-bedroom, 1-bathroom mid-terrace house in Cardiff City Centre is a fantastic turnkey investment opportunity or first-time buyer's dream home. The property is fully furnished and managed by Sales & Lettings Angels, with a 12-month tenancy until June 2026, generating a annual rent of £15,300 (6.8% ROI). The property is in excellent condition, with a cozy living room, spacious kitchen, and three generously sized bedrooms. The rear garden provides a sunny spot for relaxation, and the property is within walking distance to Cardiff City Centre, universities, and train station. With its flexible accommodation and neutral decor, this property has huge potential for rental income or renovation. The current owners have managed the property since 2016, providing a comprehensive maintenance history and warranties to interested buyers.