7 bed property

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7 bed property

Monthermer Road, Cathays, Cardiff CF24
£380,000

Our Summary

  • Welcome to Monthermer Road, Cardiff - a stunning property with great potential
  • For those with a keen eye for development, there is an exciting opportunity to explore
  • Planning permission has been granted for the conversion of this property into 4 flats, under application number 23/00479/full
  • Located in a desirable area of Cardiff, this property is not only a great investment opportunity but also a wonderful place to call home
  • Planning permission for 4 flats

Description

This stunning property on Monthermer Road in Cardiff offers a rare combination of rental income and development potential. With 7 bedrooms, 3 bathrooms, and a separate storage/bedroom, the property provides ample space for comfortable living. Currently rented out long-term, it generates a significant annual return of 8.62% on investment. Furthermore, planning permission has been granted to convert the property into 4 flats, offering a lucrative opportunity to increase its value. Located in a desirable area of Cardiff, this property is not only a great investment opportunity but also a wonderful place to call home. With its impressive rental income and development prospects, this property is sure to attract attention from investors and developers alike.