Maindy Road, Cathays
**NO ONWARD CHAIN** **EXCELLENT INVESTMENT OPPORTUNITY** **SEVEN DOUBLE BEDROOMS** **HMO LICENCED PROPERTY** James Douglas Sales and Lettings are excited to market this generous investment property situated in the heart of Cathays, Cardiff. Featuring a modern open-plan lounge/kitchen, ground floor W.C., first-floor bathroom, first-floor shower room, and seven double bedrooms, this property is perfect for investing in the student market in Cardiff! This property currently achieves £325pcm per room, but will achieve £340pcm for the academic year of 2021/2022, achieving a gross income of £26,180 per annum and a gross rental yield of 7.8%!
Tenure: We have been advised that the tenure of this property is freehold, this will need to be verified by your chosen legal representative.
After entering through the front door you reach the entrance hallway, featuring tiled flooring, a staircase leading to the first floor, and doors providing access to bedroom one, plumbing available for a washing machine, lounge/kitchen, bedroom two, and the ground-floor W.C. Bedroom one is situated to the front of the first floor, with flooring laid to carpet and a bay window to the front aspect. The open-plan lounge/kitchen benefits from excellent living space, with flooring laid to carpet and tiles, windows to the rear aspect, three skylight windows, and a patio door to the rear leading to the rear garden. The modern fitted kitchen benefits from matching wall and base units, also including; tiled splashbacks, four ring gas hob, integrated electric oven, space for fridge/freezer, and integrated dishwasher. Bedroom two is situated to the rear of the ground floor, with flooring laid to carpet and a window to the rear aspect. The ground floor W.C., benefits from tiled flooring and splashbacks and a two-piece suite finished in white, comprising; low-level W.C. and wash hand basin.
To the first floor, the spacious landing provides access to bedrooms three, four and five, shower room and bathroom with flooring laid to carpet and a further staircase leading to the second floor. Bedroom three is situated to the rear of the first floor with flooring laid to carpet and a window to the rear aspect. Bedroom four is situated in the middle of the first floor, with flooring laid to carpet and a window to the rear aspect. Bedroom five is located to the front of the first floor, with flooring laid to carpet and a bay window to the front aspect. The bathroom benefits from tiled walls and flooring, a window to the front aspect and also includes a three-piece suite; comprising; low-level W.C., pedestal wash hand basin and panelled bath with shower over. The first-floor shower room features a three-piece suite, comprising; low-level W.C., wash hand basin and fitted single shower with tiled surround. The shower room also includes fully tiled walls and flooring.
The second-floor landing laid to carpet, provides access to bedrooms six and seven. Bedroom six is situated to the front of the second floor, with flooring laid to carpet and two skylight windows. Bedroom seven is situated to the rear of the second floor, with flooring laid to carpet and a window to the rear aspect. Externally, the property offers a low-maintenance front courtyard with gated access. To the rear, a low-maintenance rear garden laid to patio with gated rear access.
Approximate Floor Area: 1,614.59 ft 2 / 150 m 2
Approximate Plot Size: 0.05 Acres
Flood Risk: Very Low
Conservation Area: No
Council Tax: Band E
Predicted Broadband Speeds:
Basic: 6 Mbps
Superfast: 71 Mbps
Ultrafast: 500 Mbps
Cardiff University - Approximately 0.2 Miles
Cathays Train Station - Approximately 0.5 Miles
Cardiff City Centre - Approximately 1.4 Miles
University Hospital of Wales - Approximately 1.4 Miles
Call us now to register your interest!