Property photos
Sold STC
Freehold
Guide price
£260,000
3 bed terraced house for sale
Wyeverne Road, Cathays, Cardiff CF243 beds
1 bath
1 reception
EPC rating: D
Key Information
Local area information
Property location
Nearby amenities
- Cathays 0.2 miles
- Kings Monkton School 0.3 miles
- Cardiff Muslim Academy 0.4 miles
- Cardiff Queen Street 0.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Cardiff to find out more about the local area.
Features and description
- Freehold
- Golden triangle
- Commercial with residenital above
- HMO licence
- Close to city centre
- Rented 2024/2025
- Excellent investment opportunity
- 8% yield
Excellent opportunity to acquire a mixed-use residential / commercial unit in the heart of the Golden Triangle in Cathays.
The accommodation comprises of a 3 bedroom, 1 bathroom HMO. The flat is occupied by students, it's currently achieving £1000pcm and is let for the next academic year at £1200pcm.
The commercial unit is currently occupied by a takeaway restaurant (Use Class E), the premise is circa 43msq/460sqf. The unit let for £750pcm and is soon subject to a rent increase. The lease is a 27 year lease with 10 years remaining.
There is opportunity to convert the roof space into an additional 2 bedrooms, turning this 3 bed HMO into a 6 Bed HMO (subject to planning approval).
Total Annual Income: £23,400
Purchase Price: £260,000
Yield: 9%
This is a great opportunity to acquire a lucrative investment, producing immediate cash flow. Give our sales team a call today to discuss!
Kitchen (3.91 x 2.00 (12'9" x 6'6"))
Bedroom One (3.16 x 3.45 (10'4" x 11'3" ))
Bedroom Two (3.73 x 3.22 (12'2" x 10'6"))
Bedroom Three (3.73 x 2.84 (12'2" x 9'3" ))
Lounge (3.92 x 2.00 (12'10" x 6'6"))
The accommodation comprises of a 3 bedroom, 1 bathroom HMO. The flat is occupied by students, it's currently achieving £1000pcm and is let for the next academic year at £1200pcm.
The commercial unit is currently occupied by a takeaway restaurant (Use Class E), the premise is circa 43msq/460sqf. The unit let for £750pcm and is soon subject to a rent increase. The lease is a 27 year lease with 10 years remaining.
There is opportunity to convert the roof space into an additional 2 bedrooms, turning this 3 bed HMO into a 6 Bed HMO (subject to planning approval).
Total Annual Income: £23,400
Purchase Price: £260,000
Yield: 9%
This is a great opportunity to acquire a lucrative investment, producing immediate cash flow. Give our sales team a call today to discuss!
Kitchen (3.91 x 2.00 (12'9" x 6'6"))
Bedroom One (3.16 x 3.45 (10'4" x 11'3" ))
Bedroom Two (3.73 x 3.22 (12'2" x 10'6"))
Bedroom Three (3.73 x 2.84 (12'2" x 9'3" ))
Lounge (3.92 x 2.00 (12'10" x 6'6"))
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
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Listed by
Key Executive Sales
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