Five self-contained apartments close to university, strong rental income potential.
Freehold Victorian mid-terrace block with period façade
This Victorian mid-terrace block on Pen-y-Lan Road offers a compact, well-located multi-unit investment in Roath. The five self-contained apartments (one 2-bed, three 1-beds and one studio) produce a stated annual rental income of £54,900, giving an approximate gross yield of about 8.1% at the asking price of £675,000. High ceilings and period façade add character that appeals to students and young professionals.
The building is freehold and appears well-maintained internally with modern fitted kitchens and contemporary bathrooms in the units. Its short walk to the University of South Wales and plentiful local amenities supports steady rental demand, particularly from students and migrant families in this cosmopolitan neighbourhood.
Buyers should note material drawbacks: the data lists only one bathroom, the solid brick walls are assumed uninsulated, and the double glazing install date is unknown — all factors that may require investment to improve comfort and long-term energy efficiency. The immediate area is classified as very deprived, which can affect tenant profiles and management needs.
For an investor seeking ready rental income with value-add potential, this block offers strong yield and multiple upgrade opportunities (insulation, energy efficiency, possible internal reconfiguration). Occupier demand is supported by excellent transport, fast broadband and proximity to shops, leisure and the university.
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