** 7 BEDROOM HMO INVESTMENT OPPORTUNITY** RENTED FOR ACADEMIC YEAR 2019-2020 ALREADY**
7.7% YIELD BASED ON 11 MONTH CONTRACT - Not to be missed!
Sales & Letting Angels are proud to offer the opportunity to acquire a NEWLY DEVELOPED, fully compliant, licensed HMO in a prime location on May Street in the heart of the Cathays 'Golden Triangle'.
This immaculate property will be finished to the highest standard, with the layout and rooms carefully considered to offer tenants the very best facilities and comfortable living space and landlords a LOW MAINTENANCE, quality investment. There is also scope to INCREASE RENTAL YIELD as 7.7% is based on an 11 month rental.
The central location and quality of the property will appeal to the most desirable tenants. The prime location just off Woodville Road will be the true selling point to tenants, particularly appealing to Cardiff University, Health Care Students based in Heath and Cardiff Met (Cyncoed and Llandaff).
The property comprises of double glazing and gas central heating throughout, two bathrooms, an additional W.C, SEVEN fully furnished double bedrooms, fully furnished open-plan kitchen living space and a manageable garden.
Please see individual rooms below for the expected furnishings and appliances (all brand new).
Neutrally decorated to be bright, airy and shall include the following:
- Timeless, white gloss kitchen and breakfast bar
- Large fridge freezer
- Fitted oven, gas hobs and extractor fan
- Flat screen TV
- Leather sofas
Each bedroom is a full size double room. Furnishings will include:
- Double bed and mattress
- Desk and chair
- Two-door wardrobe
- Painted white with dark neutral carpets
Shower Room 1
Ground floor, fitted with standing shower, toilet, sink and towel heater.
Toilet and sink, located on the ground floor under the stairs.
Shower Room 2
Located on the first floor and fitted with a double shower, sink and toilet.
Distances to local Universities..
Cardiff University - 12 minute walk, 3 minute cycle
Cardiff Met Llandaff - 40 minute walk, 12 minute cycle – Bus routes- M1, M2, M3, M4
Cardiff Met Cyncoed - 38 minute walk, 12 minute cycle – Bus routes - M1, M2, Route 52
University Hospital of Wales - 20 minute walk, 9 minute cycle - Bus routes – 8, 9, 51 and 53
Distances to local train stations..
Cathays - 10 minute walk, 2 minute cycle
Cardiff Central - 25 minute walk, 9 minute cycle
Queen Street - 25 minute walk, 9 minute cycle
To arrange a viewing, please call us on 02922331425.