Fully let Cathays HMO with freehold and C4 planning, ready for immediate income.
Fully refurbished five-bedroom HMO, ready to let
Currently fully let at £2,200 pcm (£26,400 pa)
Estimated gross yield around 8% with potential to increase
C4 planning for 5-bed HMO in place
Freehold terraced Victorian property, period features retained
Small overall plot and limited outdoor space
Council tax band above average — impacts owner costs
Located in a very deprived area profile; low recorded crime
A newly refurbished five-bedroom terraced property in the heart of Cathays, offered freehold and currently let as a five-bed HMO. The property is fully let at £2,200 pcm (£26,400 pa), producing an advertised 8% gross return with scope to increase rent from current levels. Its central location places universities, shops and regular bus links within easy walking distance, making it attractive to student and professional tenants.
Internally the house has been updated throughout and is ready to let. Ground-floor accommodation includes two versatile rooms and a bright open-plan kitchen / lounge with recent fittings and direct access to a small enclosed paved garden. Upstairs are three double bedrooms, a modern bathroom with shower-over-bath and a separate W/C; overall internal area is about 1,199 sq ft across multiple storeys.
Practical considerations: the plot and overall site are small, and council tax is above average which may affect owner-occupiers. The property sits in a very deprived area profile despite very low recorded crime; buyers should assess local demand and tenant mix. C4 planning is in place for a five-bed HMO and the freehold tenure simplifies long-term letting, but any significant layout changes or alternative uses will require planning review.