Terraced house for sale in Wyeverne Road, Cathays, Cardiff CF24

Excellent opportunity to acquire a mixed-use residential / commercial unit in the heart of the Golden Triangle in Cathays.

The accommodation comprises of a 3 bedroom, 1 bathroom HMO. The flat is occupied by students, it's currently achieving £1000pcm and is let for the next academic year at £1200pcm.

The commercial unit is currently occupied by a takeaway restaurant (Use Class E), the premise is circa 43msq/460sqf. The unit let for £750pcm and is soon subject to a rent increase. The lease is a 27 year lease with 10 years remaining.

There is opportunity to convert the roof space into an additional 2 bedrooms, turning this 3 bed HMO into a 6 Bed HMO (subject to planning approval).

Total Annual Income: £23,400
Purchase Price: £260,000
Yield: 9%

This is a great opportunity to acquire a lucrative investment, producing immediate cash flow. Give our sales team a call today to discuss!

Kitchen (3.91 x 2.00 (12'9" x 6'6"))

Bedroom One (3.16 x 3.45 (10'4" x 11'3" ))

Bedroom Two (3.73 x 3.22 (12'2" x 10'6"))

Bedroom Three (3.73 x 2.84 (12'2" x 9'3" ))

Lounge (3.92 x 2.00 (12'10" x 6'6"))