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5 bedroom house for sale
Ninian Road, Penylan, Cardiff CF23
£585,000
Ninian Road, Penylan, Cardiff CF23
£585,000
Our Summary
- The property offers the new owner the option of either leaving the apartments in their existing configuration and condition or the potential, with appropriate consents being granted to reconfigure the apartments or renovate to increase the rental yield
- Offers potential to modernise and re-configure
Description
This is a unique opportunity to own a freehold three-story terraced property in Cardiff, converted into four self-contained apartments, offering a current annual rent of £43,800 with a 7.4% ROI. The property is located on a prestigious road in Penylan, overlooking Roath Recreational Park and benefits from large windows offering stunning views. The property is close to Welfield Road, with all amenities within a 5-minute walk, and Cardiff City Centre is a 30-minute walk or short bus ride away. The interior and exterior of the property have been well-maintained, and the current owner has managed the block since 2016. The property can be sold with the current tenancies in place, and the buyer has the option to leave the apartments in their existing configuration or reconfigure them to increase the rental yield. The property is offered with all furniture, and a buyer's pack is available with further investment information and photographs of each apartment.