FREEHOLD INVESTMENT PROPERTY- 4 bedroom HMO property- RENTED for 2021-2022 ACADEMIC YEAR - £1200 per month
Sales & Lettings Angels are delighted to offer this lovely 4 bedroom mid-terraced house as an INVESTMENT PROPERTY in the HEART of CATHAYS. This superb and easy to maintain 4 bedroom HMO property is rented to a group of students for the 2021/2022 academic year achieving an income of £1200 per calendar month, giving a gross yield of 5.7%. This property rents every year without fail and with this location the demand is unlikely to lessen.
The property meets all licensing criteria and copies of certificates are available on request. This property would make an easy addition to an existing portfolio, or make a great starter investment property.
All furniture is included in the sale price
Valid HMO Licence, EPC, GSC and EICR
Distances to local Universities:
Cardiff University Main Building: 12 minute walk, 3 minute cycle
Cardiff University Business School: 13 minute walk, 4 minute cycle
University of South Wales Atrium: 18 minute walk, 6 minute cycle
Cardiff Metropolitan University Llandaff Campus: 40 minute walk, 12 minute cycle – Bus routes- M1, M2, M3, M4
Cardiff Metropolitan University Cyncoed Campus: - 38 minute walk, 12 minute cycle – Bus routes - M1, M2, Route 52
University Hospital of Wales: 34 minute walk, 9 minute cycle - Bus routes – 8, 9, 51 and 53
Cardiff Central Train Station- 25 minute walk, 9 minute cycle
Cardiff Queen Street Station- 12 minute walk, 6 minute cycle
The property itself briefly comprises a kitchen, separate living room, one ground floor double bedroom, downstairs bathroom, and three further double bedrooms on the first floor. There is a garden to the rear of the property, and on street permit parking to the front of the property. On entering the property, through the front door, the hallway leads to;
Ground Floor Front Bedroom
This double room also has laminate flooring and easily accommodates a double bed frame, wardrobe and desk for student tenants. The room has a window at the front and allows plenty of natural light into the room, with an opening section. This room also houses the gas meter. The room has pendant lighting and is finished with cream papered walls.
Located in the middle of the property the room accommodates two sofas, has laminate flooring, pendant lighting, feature fireplace and window with opening sections to the rear of the property overlooking the garden. There is also storage space beneath the stairs.
Located towards the rear of the ground floor, the kitchen has plenty of storage space for four tenants with a mixture of overhead and base white kitchen cabinets. The kitchen is finished with a blue paint and complemented with white tiling. The room is fitted with an oven, gas hob, sink with drainer, washing machine, dishwasher and combi boiler. The fridge/freezer can be found in the hallway between the kitchen and bathroom. The kitchen has a large window to the side of the property, above the sink, with opening sections.
At the rear of the ground floor, by the external door leading to the garden is the bathroom. There is a white low level toilet, pedestal hand basin and walk-in shower. The room is fitted with white panelling giving a modern and easily manageable finish.
First Floor Rear Bedroom
On the first floor at the rear of the house, this double bedroom has a window overlooking the garden. The room has laminate flooring and accommodates a double bed, desk and wardrobe and also has plenty of natural light to create the perfect study space for student tenants. Within the first floor rear bedroom, there is loft access hatch.
First Floor Middle Bedroom
In the middle of the first floor this room is much like the second bedroom, although is carpeted, encouraging the same furniture and having lots of light from the window at the rear of the room. The room has an enclosed chimney breast, and is slightly larger than the second bedroom.
First Floor Front Bedroom
At the front of the property this room is the largest of all four bedrooms. There is more storage space in this bedroom, given that it benefits from the additional width of the landing. The room is also carpeted but has two large windows with opening sections, meaning it is the brightest room in the house.
The garden at the rear of the property has a wall perimeter from neighbouring properties, with a paved patio area. Ideal for the warmer months when students want to make use of the outside space.
EPC Rating: D
Gas Safety Due: 20/07/21
EPC Due: 12/06/28
HMO Renewal Due: April 2022
If you are interested in this property, please call one of our Angels on 02922331425 and we will book you in for a viewing.