8 bed block of flats for sale

Connaught Road, Roath CF24

An excellent opportunity to acquire this substantial block of five self-contained flats, arranged over three floors and ideally positioned on Connaught Road in the ever-popular area of Roath.

The property offers an attractive mix of accommodation, comprising three one-bedroom flats, one two-bedroom flat and a spacious three-bedroom flat. All five apartments are currently let, providing an established and impressive rental income of £5,100 pcm, equating to £61,200 per annum.

The individual flats comprise:

Flat 1 One bedroom | 30m2 | £800 pcm | EPC D

Flat 2 Two bedrooms | 47m2 | £1,000 pcm | EPC D

Flat 3 One bedroom | 30m2 | £875 pcm | EPC C

Flat 4 One bedroom | 33m2 | £850 pcm | EPC C

Flat 5 Three bedrooms | 63m2 | £1,575 pcm | EPC D

Connaught Road is a highly popular residential location, ideally placed for the excellent range of amenities along Albany Road, Wellfield Road and surrounding Roath, with Cardiff City Centre also within easy reach. The area continues to attract strong rental demand from both professional tenants and students.

With five self-contained units, excellent rental income and a highly desirable Roath location, this is a particularly attractive opportunity for an investor seeking a substantial residential investment with a strong and established income stream.

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.