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3 bedroom terraced house for sale
Diana Street, Roath, Cardiff, South Glamorgan, CF24
£250,000
Diana Street, Roath, Cardiff, South Glamorgan, CF24
£250,000
Our Summary
- Offering refurbishment and rental growth potential for investors or developers
- The building is currently arranged as two self-contained apartments and presents an attractive opportunity for investors or developers seeking a value-add residential asset
- Both apartments would benefit from a programme of refurbishment and modernisation, following which there is considered to be scope for a meaningful uplift in rental income, reflecting comparable refurbished accommodation within the locality
Description
This bay-fronted mid-terrace property in Cardiff's Roath district is a rare opportunity for investors or developers to acquire a value-add residential asset. The property is currently arranged as two self-contained apartments, with a vacant one-bedroom garden apartment on the ground floor and a let two-bedroom duplex apartment above. The vacant apartment, which extends to approximately 470 sq ft, benefits from a low-maintenance courtyard garden and has the potential for refurbishment and rental growth. The let apartment, which generates £675 per month, also has scope for improvement, with the potential to increase rental income following a programme of modernisation. With a strong rental income and the potential for further growth, this property is an attractive investment opportunity for those looking to enhance value in a popular residential location.