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5 bed terraced house
Lochaber Street, Cardiff
£380,000
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Our Summary
- Investment or Family Home Conversion Opportunity
- The property is currently achieving a rental income of approximately £2,000 PCM (£24,000 per annum), offering an attractive yield with clear scope for further rental growth following cosmetic refurbishment and modernisation
- Equally, the generous layout offers exciting potential for conversion back into a spacious family home
- Key Features: Substantial 5 Bedroom HMO Prime Roath location Walking distance to Albany Road & Wellfield Road Adjacent to Roath Recreation Ground HMO licence valid for 3 more years Currently generating £24,000 per annum Potential to increase rental income after refurbishment Two bathrooms Vacant possession available Ideal investment or family home conversion opportunity A rare opportunity to acquire a versatile property in one of Cardiff’s strongest rental areas
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Description
The property is a substantial 5-bedroom Victorian house located on Lochaber Street in Roath, Cardiff. It has two bathrooms and offers a generous layout with communal living accommodation and kitchen facilities. The property is currently operating as a fully licensed HMO, valid for a further 3 years, and is currently achieving a rental income of £24,000 per annum.
The house has a bay frontage and has potential for conversion back into a spacious family home.