Keylet Sales & Lettings, Cardiff

Situated in the heart of the Golden Triangle and moments from Cathays Terrace, Crwys road and Cardiff University is this fully let nine bedroom HMO with PLANNING PERMISSION FOR FOUR FLATS.

The property is currently let out at £2450 per month which is £29400 per annum.

Richards street is set over three floors, to the ground floor can be found three double bedrooms, large open plan living and kitchen, bathroom and shower room. To the first floor are a further four double bedrooms with an additional two bedrooms to the top floor with bathroom.

The property benefits further from gas central heating, rear garden and double glazing throughout.

***INVESTMENT OPPORTUNITY *** EXCELLENT YIELD ***

Key Executive Sales are offering to the market another excellent residential / commercial investment opportunity.

The property is divided into a six bedroom HMO, let for next academic year at £23,760pa, and a commercial unit on a 12 year lease generating £11,000 per annum.

The total annual income of £34,766 offers an excellent yield of 7.3%.

The commercial unit currently resides as a mini market and the HMO flat has six double bedrooms, living room, kitchen and two bathrooms.

For more information or to book a viewing, please contact us on the following: 02920 489 000