FREEHOLD INVESTMENT PROPERTY- 4 bedroom HMO property- RENTED for ACADEMIC YEAR 01/09/2019 - 30/06/2020 - Achieves £1300 PCM
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 2019/2020 academic year achieving an income of £1300 per calendar month, giving a gross yield of 5.8%. 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.
Valid HMO Licence, EPC, GSC and EICR
All furniture is included in the sale price
Whitchurch Place is located in the heart Cathays. It is around a 12 walk to the main building of Cardiff University, and a 20 minute walk to the Heath Park Campus, making this property ideal for students of every course! Should students wish to go home for the weekend or visits friends further afield, it is only a 12 minute walk to Cathays train station.
The property on Whitchurch Place is just off Cathays Terrace, extremely popular for students. The Tesco express is just at the end of the street, and the nearest pub is the Flora, which is less than a 5 minute walk away! Whitchurch Place is also close to both Crwys Road and Whitchurch road which are home to a large variety of shops, restaurants and bus links to the City Centre, Bay or Heath campus.
This fantastic 4 bedroom, 1 bathroom and separate WC property is not one to be missed, at such a great price and a highly sought after location, with this beauty you can't go wrong!
The property itself briefly comprises of a kitchen, separate living room, one ground floor double bedroom, downstairs WC and 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;
Living Room (Approximately 3.35m x 3.35m max)
Located at the front of the property the room accommodates two sofas, has laminate flooring, pendant lighting, feature fireplace with white gloss wood mantel piece and window with opening sections to the front elevation.
The property is finished with a cream matte paint throughout, giving a clean neutral decoration to the property.
Bedroom 1 (Approximately 3.35m x 2.9m max)
In the middle of the ground floor is the first 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 rear, onlooking the garden and allows plenty of natural light into the room, with an opening top section.
Kitchen (Approximately 3.35m x 3m max)
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 wooden kitchen cabinets. The kitchen has cream ceramic tiles, complementing the monochrome splash-back tiling. The room houses the oven, gas hob, extractor fan, sink with drainer, washing machine and fridge/freezer. The kitchen has a large window to the side of the property, above the sink, with opening sections.
Bathroom (Approximately 1.75m x 2.65m max)
At the rear of the ground floor, by the external door leading to the garden is the bathroom. The room is split into two rooms, so that facilities are easily accessible with the toilet separate from the hand basin and bath. There is a separate white low level toilet in the left hand room. The room on the right hand side includes the full back to wall bath with overhead shower, and curtain rail, and pedestal hand basin. Both rooms have the same cream ceramic floor tiles as the kitchen meaning they are easy to clean and maintain. There is white splash back tiling around the hand basin with separate taps and a window above the basin with top opening section.
Bedroom 2 (Approximately 3.5m x 3m max)
On the first floor at the rear of the house, this double bedroom has a window overlooking the garden. The room is carpeted giving a warm, welcoming feel. The room 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 a cupboard housing the gas combination central heating boiler.
Bedroom 3 (Approximately 3.35m x 2.85m max)
In the middle of the first floor this room is much alike the second bedroom, being 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.
Bedroom 4 (Approximately 3.35m x 4.5m max)
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 and stone chipping section. Ideal for the warmer months when students want to make use of the outside space.
Council Tax band: F
EPC Rating: D
Gas Safety Due: NOV 2019
EPC Due: NOV 2028
HMO Renewal Due: MAY 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.