7 bed property

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7 bed property

Monthermer Road, Cathays, Cardiff CF24
£390,000

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

Description

This stunning property on Monthermer Road in Cardiff offers a unique investment opportunity with great potential for growth. With 7 bedrooms, 3 bathrooms, and a spacious reception room, the property provides ample living space and currently generates a significant rental income of £2800 per month. Planning permission has been granted to convert the property into 4 flats, offering a lucrative chance 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 an impressive 8.62% annual return on investment, this property is a fantastic chance to secure a bright financial future.
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