Licensed 4-person HMO with projected rental yield over 10%.
Short walk to Cardiff City Centre, universities and Bute Park.
Freehold mid-terrace Edwardian property with small rear garden and lane access.
Single bathroom for four tenants; may limit tenant comfort and appeal.
Solid brick walls assumed without cavity insulation (energy upgrade needed).
Double glazing installed before 2002; replacement could improve efficiency.
Small overall size and compact rooms; attic accessed via spiral staircase.
Located in a very deprived area with high local crime rates.
This licensed four-bedroom mid-terrace HMO in Cathays is set within easy walking distance of Cardiff City Centre, Cardiff Universities and Bute Park, making it a straightforward let to students and young professionals. The property is offered freehold and currently projects rental returns in excess of 10%, reflecting strong income potential in this well-connected location.
Accommodated over three levels, the layout includes ground-floor living room with garden access, a ground-floor double bedroom, two further double bedrooms on the first floor, and a top-floor attic bedroom with skylight accessed via a spiral staircase. There is a single three-piece bathroom and a compact kitchen; the small rear garden benefits from pedestrian and lane access, useful for bins and tenant comings-and-goings.
Buyers should note material negatives plainly: the property is small overall, located in a very deprived area with high local crime rates, and the walls are assumed to be solid brick with no cavity insulation. Double glazing was installed before 2002 and there is only one bathroom for four tenants—factors that may affect long-term maintenance and tenant expectations. These issues are typical of period terraces and can be addressed progressively to improve EPC and tenant comfort.
For investors seeking an HMO with immediate income potential and clear repositioning scope, this house offers reliable tenant demand due to its proximity to universities and city amenities. Renovation or targeted upgrades (insulation, glazing, bathroom improvements) would likely increase rental value and long-term capital growth.