Ready-made five-bed rental with strong yield close to Cardiff city centre.
Currently let producing £31,536pa (approx. 9% gross yield)
A well-maintained five-bedroom mid-terrace Victorian property in Splott, presented as a straightforward income-producing asset. The house is currently let, producing £31,536 per year (around a 9% gross yield at the asking price), and offers a practical layout with two double bedrooms on the ground floor and three on the first floor.
The ground floor features a modern open-plan kitchen/living area with tiled floors and contemporary fittings; the first floor provides three double bedrooms and two modern shower rooms. Double glazing (installed post-2002), mains gas central heating with boiler and radiators plus electric underfloor heating, and fast broadband and excellent mobile signal make the property competitive for tenants.
Value drivers include the strong current income, freehold tenure, close proximity to Cardiff city centre and local amenities, and a compact, easy-to-manage garden to the rear. Constructed c.1900–1929, the property will suit investors seeking a turnkey rental with scope to maintain or modestly upgrade to protect future demand.
Material considerations are factual and should inform buyer due diligence: the area is classified as very deprived, the plot is small, and external walls are sandstone/limestone with assumed no insulation (possible cost if thermal upgrades are undertaken). The property is let, so purchase will be as an investment with tenant-related viewing and management considerations.
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