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4 bedroom terraced house for sale
Tewkesbury Street, Cardiff, CF24 4QT
£300,000
Tewkesbury Street, Cardiff, CF24 4QT
£300,000
Our Summary
- This property presents a fantastic long-term investment opportunity in a highly desirable location
- 8%, this property has the scope for re-configurement into a high-yield HMO or converted into a generous 3-bed family home with 2 receptions
- After modernisation, this property has the annual rental potential of £26,400 (£2,200 pcm)
- And ab EPC rating of D, valid until July 2030 but has the potential for improvement to a B
- Bathroom & kitchen require full renovation
Description
This spacious 4-bedroom, 1-bathroom mid-terrace freehold house in Cardiff's sought-after rental area offers a fantastic long-term investment opportunity. The property, currently vacant, has the potential to generate a lucrative return on investment of 8.8% and can be reconfigured into a high-yield HMO or converted into a generous 3-bed family home. With its well-proportioned and neutrally decorated interior, the property features a cozy living room, a well-appointed kitchen, and four spacious bedrooms, including one on the ground floor. The rear garden provides outdoor space for relaxation or drying clothes, and the property benefits from permit and non-permit parking at the front. Located in a popular and convenient area, the home is within easy walking or cycling distance of Roath Park, Cardiff University, and several well-regarded schools, making it ideal for both HMO and Buy-to-Let investors.