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4 bedroom terraced house for sale
Merthyr Street, Cathays, Cardiff, CF24 4JL
£295,000
Merthyr Street, Cathays, Cardiff, CF24 4JL
£295,000
Our Summary
- This property presents a fantastic investment opportunity for those looking for reliable rental income in a high-demand location attracting students and professionals, offering an annual rent of £26,400 (£2,200 pcm)
- This property is a turnkey property, fully furnished and neutrally decorated throughout whilst offering potential for future value growth through modernisation
- This is a Council tax band - E rated property and is fully compliant with all necessary certifications, including an up-to-date gsc valid until May 2026, an eirc Report valid until October 2026, Legionella compliance certification valid until March 2026, HMO licence valid until November 2028, and an EPC rating of D, valid until June 2028 but has the potential for improvement to a B
- Well-maintained with potential to modernise
Description
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Here is a summarized version of the property description in a single paragraph:
This 4-bedroom, 1-bathroom mid-terrace house at 7 Merthyr Street is a fantastic investment opportunity, offering an 8.9% ROI with an annual rent of £26,400 (£2,200 pcm). The property is fully furnished and neutrally decorated, with a spacious living room, well-equipped kitchen, and four generously sized bedrooms. The property is located close to Cardiff and South Wales Universities, Bute Park, and Cathays train station, making it an attractive option for students and professionals. With an ongoing 12-month tenancy until July 2026 and a 9-year no void period, this property presents a reliable rental income stream. The property is fully compliant with all necessary certifications, including an up-to-date gas safety certificate, EIR report, Legionella compliance certification, HMO licence, and EPC rating.