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

Property Marketed by Keylet Sales & Lettings



Phone:
Address: 117-120 Bute Street, Cardiff Bay, Cardiff

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