Summary - FLAT 2, 9, THE WALK CF24 3AF
8 bed 8 bath Semi-Detached
Turnkey income in a high-demand university neighbourhood.
Fully tenanted five-flat block achieving a reported 7.25% gross yield
This period end-of-terrace block in Roath is offered as a ready-made, fully tenanted investment delivering a reported 7.25% yield. Comprising three two-bedroom flats and two one-bedroom flats, the mix suits students, young professionals and couples, and two rear flats have been recently refurbished to contemporary standards, reducing short-term redecoration costs.
Positioned just off Richmond Road and adjacent to the university engineering building, the property benefits from strong rental demand, excellent public transport links and close proximity to city-centre amenities. The freehold ownership, off-street forecourt parking and substantial internal volume typical of Victorian builds enhance its long-term appeal for portfolio holders seeking hands-off income.
Buyers should note material considerations: parts of the block remain in average decorative condition and will need ongoing maintenance or selective upgrades to maximise rents. The building’s stone walls are likely uninsulated (as built), and older fabric can carry higher upkeep costs. The immediate area records very high crime and significant deprivation, which can affect tenant profiles, management overheads and long-term capital growth.
Overall, this is a low-management yield asset in a high-demand student and professional lettings market. It suits investors wanting an income-producing building with near-term uplift potential from targeted refurbishment and active asset management.
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