Summary -
GROUND FLOOR FLAT,72 STACEY ROAD,ADAMSDOWN,CARDIFF,CF24 1DW
CF24 1DW
1 bed 3 bath Block of Apartments
Three-ready flats near Cardiff centre, turnkey for lettings with strong yield potential.
Freehold block of three self-contained flats, newly refurbished
Potential rents: £1,200, £1,100 and £850 pcm (vacant)
Estimated gross yield about 7.5% with no service charges or ground rents
Total area approximately 1,772 sq ft across the three units
Modern kitchens, bathrooms and new flooring throughout — move-in ready
Located close to Cardiff city centre and Newport Road amenities
High local crime and very deprived area — expect active management
Some marketing images virtually enhanced; inspect in person
A newly refurbished, freehold block of three self-contained flats in Adamsdown, presented vacant and ready for letting. The seller’s figures indicate potential rents of £1,200, £1,100 and £850 pcm, giving an estimated gross yield around 7.5% with no service charges or ground rents to deduct. Interiors are modern throughout with new kitchens, bathrooms and flooring, reducing immediate maintenance costs.
The location sits close to Cardiff city centre and Newport Road’s shops and eateries, and benefits from excellent mobile signal and fast broadband—practical positives for short-term or longer lets. The combined internal area is large (approx. 1,772 sq ft) and the block includes a mix of layouts, including an attic apartment with exposed beams and lower ceiling heights which suit compact, efficient living.
Buyers should note material risks: the neighbourhood records high crime levels and is classified as very deprived, which will affect tenant mix and management needs. Some marketing images have been virtually enhanced; purchasers should rely on an in-person inspection. Council tax bands are C, C and B and the properties are sold freehold with no ground rent or service charges.
Overall this is a turnkey investment opportunity for a purchaser willing to trade active management and tenant screening for immediate rental income and a competitive gross yield in a well-connected urban location.
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