Chain-free Victorian investment: three self-contained flats near Cardiff centre with promising rental income potential.
Chain-free sale with three separately titled self-contained apartments
Short-walk to Cardiff city centre, rail stations and local amenities
Ground-floor two-bed, first-floor studio (mezzanine), three-bed duplex
Advertised strong rental yield (approx. 12.98%) — income-ready setup
West-facing garden (small) with decking, chippings, trees and shrubs
Victorian solid-brick walls, no assumed cavity insulation — retrofit likely
Older double glazing (pre-2002) and mixed EPCs (D–C) — upgrade needed
Area has high crime and very deprived local profile
A substantial Victorian terraced property converted into three self-contained apartments, offered chain-free and positioned within walking distance of Cardiff city centre. The building combines period character—bay windows, high ceilings and arched doorways—with a layout that already generates rental income and is set up for short-let use across three titled flats.
The ground floor two-bedroom, a first-floor studio with mezzanine, and a larger three-bedroom duplex together total about 1,856 sq ft and deliver strong income potential; the vendor quotes an approximate 12.98% yield. Practical benefits include separate EPCs and council tax bands for each apartment, a west-facing rear garden accessed from the ground-flat, and excellent mobile and broadband connectivity.
Buyers should note material negatives plainly: the area has high crime and a very deprived local profile, and the small plot and terraced form limit outside space. The building is Victorian solid-brick construction with no assumed cavity wall insulation and older double glazing (pre-2002), so thermal upgrades and internal works may be needed to reach higher EPC ratings. Some apartments currently show EPCs in the D–C range with scope to improve to C–B.
This property suits investors or buyers seeking a ready-made multi-let / AirBnB portfolio close to transport links and city amenities. It also offers renovation upside for someone willing to invest in insulation, glazing and cosmetic updating to boost long-term rents or resale value.