An exceptional investment opportunity awaits you with this generously sized end-of-terrace property, perfectly suited for the savvy buyer looking to venture into the world of buy-to-let investments. This property has been intelligently divided into two self-contained apartments, offering a seamless and hassle-free income-generating proposition.
As you step inside, you'll be pleased to find that both apartments have been well maintained and are currently leased to tenants who pay £700 per month for one and £800 per month for the other, resulting in a combined monthly income of £1,500 (8.2% current yield). With a steady stream of rental income already in place, this property is a reliable investment choice for those seeking a lucrative addition to their portfolio. Also to note the rents on thinks property are slightly lower than market rate. Which a potential income of circa £1650pcm (9% Yield)
The interiors of both apartments are well-presented. The ground floor flat has been freshly decorated throughout giving the spaces a fresh, inviting feel, ensuring that tenants enjoy a comfortable and aesthetically pleasing living environment.
One of the standout features of this property is its strategic location. Situated within walking distance to Cardiff city centre, it provides the utmost convenience for residents and tenants. Cardiff University is also easily accessible, making this property particularly attractive to students or professionals seeking proximity to their workplace or campus.
The icing on the cake is the fact that this investment opportunity comes to market with NO CHAIN. This means a smooth and expedited transition for the discerning investor. Take advantage of this unique opportunity to secure a property that practically manages itself, and enjoy the peace of mind that comes with an already established rental income.
Ground Floor Flat - D Frist Floor Flat - D
Council Tax Bands
Ground Floor Flat - B First Floor Flat - B ( Assumed)
In summary, this sizable end-of-terrace property, divided into two self-contained apartments, offers a hassle-free and highly profitable investment opportunity. With well-maintained interiors, reliable rental income, and a prime location, this property is a standout choice for investors seeking a promising addition to their portfolio. Don't miss out on this fantastic chance to maximize your investment potential in the vibrant city of Cardiff.
You must be logged in to save properties to your favorites! Please log in. Please Log In
Stamp Duty Calculator
Please select an option below...
Based on property / land value of Guide price £220,000 there will be an approx of £ Stamp Duty due.
Less than £250k
£250k to £925k
£925k to £1.5M
Over £1.5 million
If a property is greater than £425k you are not eligable for Stamp Duty relief.
For properties over £625k, SDLT is charged at 0% up to £250k and 5% from £250k to £925k.
This stamp duty calculator is designed to give you an idea of your stamp duty liability when buying a freehold residential property in England & N.Ireland. Stamp duty calculations are rounded down to the nearest pound. Stampy Duty guide is approx. as of 23rd September 2022 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information