6 Bedroom

Whitchurch Road, Cardiff
SALE £460,000
  • Available
    Available
    Now
  • Energy
    Energy Ratings
    Unknown
    • Bedrooms
      6 Bedrooms
    • Bathroom
      2 Bathrooms
    • Flat
    • Furnishings
      Not Specified
    • Receptions
      1 Reception
    • Investment
    • 6 Bedroom Property
    • Retail Unit
    • Fully Occupied
    • No Chain
    • Gross Monthly Revenue - £3,170
    • Gross Annual Revenue - £38,000
    • 7.8% Yield
    • Asset Management Oppourtunity
    • Asking Price - £495,000
Property ID: #14771726

Property Description

CS Properties are pleased to offer this rare opportunity to acquire this modern mixed use 6 Bedroom property along with ground floor retail unit, the property is situated on the east side of Whitchurch Road in heath, meaning its an excellent location close to the City Centre and University Hospital of Wales, not to mention all the amenities that naturally come with Whitchurch Road.

The available accommodations comprise of 6 residential rooms which are fully occupied on a house share basis with AST contracts, very modern and recently renovated and generating a gross annual income of £26,640.00. The ground floor glazed retail unit, presently having an A1 use and generating a gross annual income of £11,400.00 along with a 2-year lease remaining. Internally, the retail unit is well presented throughout and provides good internal specifications, laminate flooring, plaster & painted walls, spot lighting, kitchen/staff area and WC facility are located at the rear.

Furthermore, the property has been granted full planning consent to refurbish the 6 bedroom residential element of the building, into 4 new apartments. Given the building an uplift in value as and when required.
Excellent opportunity with revenue already being generated. Perfect for an investor who wants a solid return on their money. This won’t be around for long, so early viewing is highly recommended.

Notice

CS Properties has made every effort to ensure the information contained herein has been obtained through sources deemed reliable. However, we cannot warrant or guarantee the complete accuracy thereof subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We recommend to the buyer that any information, should be obtained through independent verification. All / Any measurements displayed are all approximates.

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