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Fully Let Freehold Investment Property In Cardiff For Sale

Cardiff City Centre, Cardiff, UK
Asking Price:
£599,999
Turnover:
On request
Net Profit:
On request

Substantial freehold residential investment property close to Cardiff city centre, comprising 10 flats across an attractive three-storey, twin double-fronted Victorian building. Offered at £599,999, the property provides nine studio flats and one one-bedroom flat, together with a very large rear car park.

The accommodation is arranged across three floors, with three studios and one one-bedroom flat on the ground floor, four studios on the first floor and two studios on the second floor. Externally, the property benefits from a deep front forecourt and substantial rear parking.
The property requires refurbishment throughout, providing an opportunity to improve the accommodation and realise its full rental potential.

The listing states that the property is fully tenanted at present, although it also describes it as partially let; prospective purchasers should confirm the current tenancy position.
Located on Newport Road within a short walk of Cardiff city centre, this substantial freehold investment opportunity combines existing residential accommodation, parking and refurbishment potential in a sought-after Cardiff location.

Cash buyers only, with confirmation of funds required prior to viewing.

Property Information

Property:

Freehold

Location:

Situated on Newport Road in a sought-after Cardiff location, within a short walk of Cardiff city centre.

Premises Details:

Substantial three-storey, twin double-fronted Victorian property comprising 10 self-contained flats. The ground floor provides three studio flats and one one-bedroom flat, the first floor comprises four studio flats and the second floor provides two studio flats. Externally, there is a deep front forecourt and a very large rear car park. The property requires refurbishment throughout.

Business Operation

Expansion Potential:

Refurbishment throughout provides the opportunity to improve the existing accommodation and realise the property’s full rental potential.

Other Information

Financing available:

Cash buyers only. Confirmation of funds is required prior to viewing.