Vacant 4-bed C4 HMO in Cathays — strong rental yield after renovation..
- Vacant 4-bed C4 HMO, freehold
- Asking price £300,000; estimated 8.8% ROI
- Large rear garden, alley access, external storage
- Victorian features: bay windows, high ceilings
- Kitchen and bathroom need full renovation
- EPC D (upgrade potential); HMO licence until Dec 2029
- On-street parking; fast broadband and excellent mobile signal
- Located in student-dominated, high-deprivation neighbourhood
A period mid-terrace in Cathays offered as a vacant, freehold 4-bedroom C4 HMO — a clear buy-to-let prospect close to Cardiff University and local amenities. The property is currently quoted with an estimated return of 8.8% and an assessed annual rental potential of around £26,400 after refurbishment.
The house retains Victorian features (bay windows, high ceilings) and benefits from a generous rear garden and double glazing (post-2002). It has an existing HMO licence (valid to Dec 2029), an EPC of D (valid to July 2030) and supporting reports in place, which simplifies re-letting once updated.
Important faults are straightforward and fact-based: the kitchen and bathroom require full renovation and the building likely needs general modernisation to maximise rental value and energy performance. Council Tax Band E applies and the property sits in a high-deprivation, student-dominated neighbourhood — strong for lettings but not suited to buyers seeking a quiet residential street.
For an investor targeting students or young professionals, this offers hands-on refurbishment potential: reconfigure rooms, update kitchen and bathroom, improve EPC rating, and re-let quickly in a buoyant rental market. Vacant possession and freehold tenure reduce transaction complexity; budget realistically for necessary works before re-letting.