Cwmdare Street, Cathays, Cardiff Guide price £280,000

• HMO Licensed
• 4 Double Bedrooms
• Extra Spare Room
• 5 double bedroom HMO potential
• Enclosed Rear Garden
• Close to Cardiff University
• Fully Let Until June 2025
• 2025-2026 Expected Let Income of £24,000 p.a.

This investment opportunity is located in Cathays, a highly sought-after area due to its proximity to Cardiff University and Cardiff University Hospital. The four-bedroom HMO (House in Multiple Occupation) property is fully let until June 2025, with an expected annual income of £24,000 for the 2025-2026 period.

Upon entering the property, the hallway leads to the ground floor, where the first bedroom is situated at the front of the house. This generous double room features a large double-glazed bay window and wood flooring. The second room, currently used as a spare room, is also a good-sized double bedroom. The lounge and kitchen, located at the rear, offer ample space. The kitchen is fitted with a range of modern base and wall units, worktop preparation surfaces, splash-back tiling, a built-in oven and hob, a single drainer sink, two windows, and a door leading to the rear garden, with tiled flooring throughout. The bathroom on this floor features a modern suite, including a vanity unit with a wash hand basin, a low-level w.c., and complementary tiling.

On the first floor, there are three large double bedrooms, all equipped with double glazing and central heating radiators. To the rear of the property, there is an enclosed garden with a brick-built boundary wall, offering privacy and outdoor space.

The vendor advises that the property is connected to mains electricity, water, and sewerage, with no materials used in construction that would impact the buyer's enjoyment, mortgage availability, or insurance coverage. Additionally, there are no issues or restrictions on mobile signal or coverage. This property presents a strong investment opportunity, providing guaranteed rental income and being ideally located for those seeking student accommodation in a prime area of Cardiff.

The spare room downstairs could be rented as a 5th bedroom subject to planning and change of use to a 5 bedroom HMO subject to alterations necessary.