Diana Street, Roath, Cardiff, CF24 4TW Ref: sale-153

House | 5 Bedrooms | 2 Baths
£280,000
  • Information
    Sales & Lettings Angels are pleased to present this 5 Bedroom Investment property. Currently split into two flats, 3 Bedroom ground floor & 2 bedroom first-floor flats.
    Ideal investment property for an investor looking to add to their portfolio with a good opportunity to increase rental yields and property value.
    With lots of local amenities being located just off the busy high street Albany road, including Universities, schools, shops and health amenities (i.e. doctors dentists opticians etc) this property will attract lots of different tenants making the location great for a rental property.

    Currently achieving a gross yield of 7.9% with rent coming in at 1910pcm inclusive of bills, we believe the rent on this property can be improved if the property is modernised.
    This property has an existing HMO license with has recently lapsed but will be able to be renewed if not already done by the time the sale goes through.
    Current utility supplies are shared for both flats which is why bills are included however there are separate metres so can be split with ease

    Book a viewing today on 02922 331 425/
    Gas safety - 4/2/2022 on both flats
    EICR - 18/08/2022 on both flats
    Council Tax band for both flats are C at a cost of £1,423

    Distances:

    Cardiff City Centre: 23-minute walk
    Cardiff University: 23-minute walk
    Cardiff Central Train Station: 37-minute walk

    All Below Measurements are done to a maximum room measurement
  • Map view
  • Street view
  • Floorplan
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