We are delighted to present to market this block of four flats, presenting a fantastic investment opportunity in the heart of the sought after Roath area. The property comprises two x 2 bedroom flats and two x 1 bedroom flats, currently producing a rental income of 37,200 per annum. This would yield a return of approximately 7.5% based on the current asking price. The property would benefit from some updating which would offer further growth potential.This is a prime Roath location with easy access to local amenities, including banks, parks, restaurants, shops, bars and coffee shops, as well as being within walking distance to Cardiff city centre and the University. There are also good transport links with a regular bus service close by.Book your viewing appointment via the Isla Alexander web portal or via telephone through our reservations team.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Isla-Alexander Property. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Isla-Alexander Property for full details and further information.