Summary - 62 CONNAUGHT ROAD CARDIFF CF24 3PW
5 bed 2 bath Block of Apartments
Two self-contained flats, immediate income and quick re-let potential near university hubs.
- Freehold, chain-free two-apartment Victorian mid-terrace
A substantial Victorian mid-terrace presented as two self-contained apartments, offered freehold and chain-free — a clear buy-to-let proposition in central Roath. The building combines period charm (bay windows, high ceilings) with practical upgrades such as double glazing and gas central heating. Current income sits at approximately £1,500 pcm from the licensed three-bedroom HMO; the vacant ground-floor flat offers immediate re-letting potential or short-term refurbishment to increase yield. EPCs for both apartments are C; total internal area is about 1,990 sq ft (184.9 sq m).
The layout suits professional sharers, students or a small landlord portfolio: a three-bedroom HMO over the first and second floors and a two-bedroom garden flat on the ground floor with direct access to a rear lane garden. The property is within walking distance of university campuses, Albany/Wellfield Road amenities and Roath Park, making it attractive for student and professional demand.
Be clear on neighbourhood considerations: the wider area is classified as very deprived with above-average crime rates, which can affect tenant mix, voids and management needs. The building dates from before 1900 and is likely to have solid masonry walls with little or no cavity insulation; future buyers should budget for possible upgrades (insulation, periodic maintenance and HMO compliance checks). Rental projections referenced (£36,800 pa) are estimations — buyers should verify current tenancy agreements, licences and income details.
This is a straightforward acquisition for an investor seeking a central Roath freehold with immediate rental income and short-term improvement potential. The combination of strong location fundamentals and scope to increase returns by re-letting, light refurbishment or longer-term energy improvements makes this a practical addition to a lettings portfolio, provided the purchaser factors in management intensity and neighbourhood risks.
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