Bay-fronted end-terrace near Cardiff University — immediate rental income potential.
Three self-contained flats with separate services and HMO licence
This bay-fronted end-terrace offers a ready-made income opportunity close to Cardiff University and the city centre. Currently split into three flats with separate services and an existing HMO licence, it suits buy-to-let investors seeking near-term rental return and room for rental uplift after improvement. The property is freehold, has mains gas central heating, UPVC double glazing and a private garden for the ground-floor flat.
The building dates from the early 20th century and retains period character externally, but much of the interior requires modernization. Kitchens and bathrooms are functional but dated; some flats show worn finishes and will benefit from cosmetic updating or more significant renovation to improve yields. Walls are likely uninsulated (stone construction) so consider insulation and energy upgrades if planning longer-term holds.
Location strengths include fast broadband, excellent mobile signal and walking distance to transport, shops and university facilities — factors that support high tenant demand. Material drawbacks: the wider area is very deprived with above-average crime, the overall property size is small for five bedrooms (607 sq ft total), and some communal/flat layouts are compact. Investors should budget for refurbishment and potential compliance works despite the existing HMO licence.
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