FULLY LET FOR 2020/1 A fantastic opportunity to acquire an excellent investment in the heart of Cathays. The property consists of three two bedroom apartments and a detached bungalow with off-street parking. All four properties are let until June 2020 and achieve an annual rent of £32,700 on a 6.54% yield.
Bungalow – £575 PCM £6,900 per annum
Ground floor – £700 PCM £8,400 per annum
First floor – £720 PCM £8,640 per annum
Top floor – £730 PCM £8,760
The apartment accommodation comprises of entrance hallway, two double bedrooms, open-plan living kitchen and bathroom. The bungalow consists of entrance hallway, double bedroom, open-plan living with kitchen and bathroom.
- £32,700 ANNUAL INCOME
- 3 X 2 BED APARTMENTS
- DETACHED BUNGALOW
- OFF-STREET PARKING