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1 bedroom end of terrace house for sale
Tweedsmuir Road, Cardiff CF24
£259,000
Tweedsmuir Road, Cardiff CF24
£259,000
Our Summary
- Hafren Properties are pleased to offer you this investment opportunity comprising a mixed use commercial/residentail property with planning permission for two additional self-contained flats in Tweedsmuir Road, Cardiff
- The property is set on a large plot with land to the side and rear of the existing building, and there is planning permission for the construction of two further flats (one 1 bedroom flat and one 2 bedroom flat)
- The property has planning permission for single and two storey side and rear extension for two self-contained flats (one bedroom and two bedroom)
Description
Hafren Properties is offering a unique investment opportunity in Cardiff, comprising a mixed-use commercial and residential property with planning permission for two additional self-contained flats. The corner property is situated just 10 minutes from Cardiff City Centre and is surrounded by a variety of shops, restaurants, and cafes. The property currently generates a combined rental income of £18,900 per annum, offering a 7.3% ROI, from a large ground floor commercial unit with A3 consent, currently trading as a Chinese restaurant, and a newly refurbished one-bedroom first-floor flat. The property has a large plot with land to the side and rear, allowing for the construction of two additional flats, with planning permission already granted. The existing property features a commercial unit with seating area, kitchen, pantry, and cloakroom, as well as a one-bedroom flat with open-plan lounge and kitchen, bathroom, and bedroom. This is an excellent opportunity for investors looking to diversify their portfolio and benefit from a strong rental income and potential for capital growth.