Established tenancy until August 2026 generating £2,140 pcm
A compact, ready-made investment in Cathays, offered as two self-contained freehold flats that produce immediate rental income. The block generates £2,140 pcm with a tenancy in place until August 2026, delivering a gross yield in excess of 7% on the asking price.
Both apartments are modern in style with open-plan kitchens and contemporary shower rooms. Each flat has two double bedrooms and its own private entrance; the ground-floor flat also includes an enclosed rear yard. The mews-style setting, set back from the road, helps with tenant appeal in this popular student neighbourhood.
Buyers should note material factors: the overall property footprint is small and the surrounding area is classified as very deprived and primarily student accommodation, which can affect long-term owner-occupier demand. The building dates from 1976–1982, has cavity walls with assumed partial insulation, double glazing of unknown install date and mains gas boiler heating — all items a buyer or mortgage surveyor may wish to verify. Council tax details are not provided.
This is aimed at income-focused purchasers seeking hands-off returns from established tenancies. It suits investors comfortable with a student rental market and prepared for routine maintenance and periodic upgrades typical of properties of this age and construction.
