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4 bed property for sale

£330,000 Guide price

Tewkesbury Street, Cathays, Cardiff CF24

4 bed property for sale 4 2 2
Interested in this property? Call +44 29 2227 6709 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Investment Opportunity
  • House to Flat Conversion
  • Annual Income £24,000
  • Two 2 Bedroom Flats
  • Student/Professional Area - Cathays
  • No Chain

Property description

A fantastic investment opportunity - this property has been divided into two 2 bedroom apartments, offering a seamless and hassle-free income-generating proposition. Perfectly suited for the savvy buyer looking to venture into the world of buy-to-let investments.

The flats have been well maintained and are up to date with current regulations.

For the next academic year the flats will be rented for £1000pcm, the annual income will increase to £24,000 (7% projected yield 2024/25). With a steady stream of rental income already in place, this property is a reliable investment choice for those seeking a lucrative addition to their portfolio.

Offered with No Onward Chain.

Take advantage of this unique opportunity to secure a property that practically manages itself, and enjoy the peace of mind that comes with an already established rental income.

Get in touch to arrange a viewing today!

Property info

Property value data/graphs for CF24

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £334,596 £205 3.4 £244,687
Semi-detached £374,349 £186 3.5 £216,094
Terraced £285,546 £201 3.2 £231,888
Flats £157,837 £223 1.7 £129,194

Current asking prices in CF24

Average: £284,953
Avg. current asking prices in CF24
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £930,000
(1)
£198,746
(28)
£272,086
(35)
£345,688
(29)
£384,282
(14)
Flats £137,406
(27)
£200,245
(20)
£324,975
(2)
£395,000
(1)
-
All £165,712
(28)
£199,371
(48)
£274,944
(37)
£347,332
(30)
£384,282
(14)

Current asking rents in CF24

Average: £1,506 pcm
Avg. current asking prices in CF24
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £691 pcm
(16)
£1,267 pcm
(6)
£1,333 pcm
(9)
£1,790 pcm
(13)
£2,076 pcm
(6)
Flats £900 pcm
(74)
£1,166 pcm
(40)
£1,314 pcm
(9)
£1,665 pcm
(3)
£2,427 pcm
(1)
All £863 pcm
(90)
£1,179 pcm
(46)
£1,324 pcm
(18)
£1,766 pcm
(16)
£2,126 pcm
(7)

Fun facts for CF24

Highest value in CF24
Highest value streets Zed-Index
Monthermer Road £491,848
Richmond Road £417,585
Princes Avenue £413,795
Roath Court Road £392,304
Timbers Square £379,333
Highest turnover in CF24
Highest turnover streets Turnover
Cwrt Coles 42.3%
Tullock Street 41.7%
Clive Place 36.4%
Windsor Road 35.5%
Tyler Street 35.3%
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For more information about this property, please contact
Key Executive Sales, CF10 on +44 29 2227 6709 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Key Executive Sales, and do not constitute property particulars. Please contact Key Executive Sales for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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