Woodville Road, Cathays, Cardiff Guide price £390,000

• 6 Bedrooms
• HMO licensed until 2028
• 2 Bathrooms
• Cathays
• Next to Cardiff University
• Oven Ready Investment
• Street Parking Available
• 140 sq meters ( taken from EPC )

Introducing an exceptional investment opportunity – a 6 bedroom House in Multiple Occupation (HMO) currently yielding a annual rental income of £30,240 p.a. (7.8% yield) with a ERV of £36,000 p.a. (9.2%) including bills. Poised adjacent to Cardiff University, this property not only provides a potential substantial income but also boasts a prime location in an area known for its vibrant student life and dynamic community.

Situated in the heart of this lively student hub, the HMO is surrounded by a myriad of amenities, from trendy cafes and eateries to cultural hotspots and recreational facilities. The proximity to Cardiff University enhances the property's appeal, making it a preferred choice for students seeking convenience and a thriving academic atmosphere.

The Property offers six well proportioned double bedrooms and two bathrooms. The communal areas are spacious and modern, fostering a sense of community and making it an attractive choice for tenants. With a strong rental demand in Cathays, properties like this are perpetually in high demand.

The current rental breakdown includes all six rooms rented at £420pcm. Beyond its immediate financial gains, envision the prospect of maximizing rental yields as demand in this bustling academic locale continues to grow. The possibility to expand this by extending into the attic to add a additional 2 bedrooms.