7 Bedrooms Block of flats for sale in Rhymney Street, Cathays, Cardiff CF24 | £ 500,000
Overview
Price: | £ 500,000 |
---|---|
Contract type: | For Sale |
Type: | Block of flats |
County: | Cardiff |
Town: | Cardiff |
Postcode: | CF24 |
Address: | Rhymney Street, Cathays, Cardiff CF24 |
Bathrooms: | 0 |
Bedrooms: | 7 |
Property Description
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 2019 and achieve an annual rent of £32,700 on a 6.54% yield.
Current rentals:
Bungalow - £575 pcm £6,900 per annum
Apartments
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.
Property Location
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