5 bed block of flats for sale

Gordon Road, Cathays CF24

Investment Opportunity Block of 5 Apartments Close to Cardiff City Centre

A fantastic opportunity to acquire a fully let block of five self-contained apartments, ideally positioned just off the leafy Richmond Road and within a short walk of Cardiff City Centre. The property also benefits from easy access to the excellent range of shops, cafés, restaurants, and amenities along Salisbury Road, making it a highly desirable location for tenants.

The development currently generates a gross annual rental income of £46,020 per annum, providing an attractive gross yield of almost 9% (based on the asking price)

Accommodation

Flat EPC Rating Approx. Size

Flat 1 E 33 sq m £750

Flat 1A D 26 sq m £770

Flat 2 D 20 sq m £725

Flat 3 C 36 sq m £850

Flat 4 C 38 sq m £825

This is an ideal purchase for investors seeking an established income-producing asset in one of Cardiff's most sought-after rental locations, with excellent long-term investment potential.

We are advised by the vendor that provisions of electricity, water and sewerage are connected to a mains supply, and no materials used in construction may impact a buyer's enjoyment, mortgage availability, or insurance availability, and there are no issues or restrictions on mobile signal/coverage.