7 Norman Street , Cathays , Cardiff , CF24 4NU Ref: sale-60

House | 4 Bedrooms | 1 Bath
£215,000
  • Information
    Key Features
    • Fully occupied
    • Fully compliant with HMO regulations
    • Current rent is £1200.00 PCM excluding bills
    • Prime area for student tennats
    • Rented until 30.06.2019
    • Investment opportunity
    • Tenancy managed by Lettings Angels
    • HMO Licensed
    REF: 7NS



    Investment property



    Sales and Lettings Angels are delighted to offer a fantastic opportunity for either a budding first-time buyer in the HMO market or an easy addition to an existing investment portfolio.



    The property rents out fully occupied each year and given its location the demand for this house in unlikely to lessen.



    The surrounding area is a student’s dream with Cardiff SU you are a mere 12 minutes walk from the student union and Cardiff University Main campus. Cardiff Met students are within a 2 minute walk of Albany road where the Met rider bus stops. The nearest supermarkets are Tesco on Albany road and Sainsburys on Woodville road, both are within a 5 minute walk. Roath park is extremely close by which is arguably the most gorgeous park in Cardiff.



    The property is very well connected to many transport links, with main roads just a short distance away. Tenants of this property also benefit from having Cathays Cathays Station just 0.4 miles away and Cardiff Central only 1.4 miles.



    Distance to University buildings see below:



    Cardiff University Main Building - 0.7 miles away

    Cardiff University Student's Union - 0.7 miles away

    Cardiff Met. University, Llandaff Campus - 2.0 miles away

    Cardiff Met. University, Cyncoed Campus – 1.7 miles away

    University of South Wales Atrium - 1.3 mile away



    The property is fully HMO compliant and the following certificates are available for any prospective buyers:



    HMO licence valid until 2021 (the new owner must transfer the licence into their name)

    EPC – 11/2018

    GSC valid until 02/2019

    EIRC valid until 07/2021

    Fire Safety assessment valid until 03/2019

    Legionella assessment valid until 09/2019



    The layout offers entrance hall, down stairs double bedroom, lounge, separate galley style kitchen, down stairs bathroom with while three-piece suite and to the first floor three further bedrooms.



    All bedrooms are double size and the contents of the property is included in the sale price.



    The property has undergone general pre-tenancy repairs and maintenance in August 2018 and will be sold with no outstanding known issues.



    Whilst there is no work required at the property - there is development potential to increase the current return by carrying out general upgrades to the bathroom and kitchen.



    There may also be the scope to extend the property into the garden or attic space subject to planning consents being obtained.



    Due to the interest in the property - we would ask all potential buyers to supply their photo ID, a proof of address dated within the last 3 months and proof of their mortgage funds/mortgage offer to info@salesangels.co.uk to ensure that your offer can be processed as quickly as possible. No offers will be put forward to our client without these documents.

  • Map view
  • Street view
  • Floorplan
    15-11-2018_12:02_517.jpeg