Immediate income eight-bed HMO in student hotspot, let until June 2026 with strong yield..
- Eight double bedrooms arranged across three floors
- Let until June 2026; immediate rental income
- Annual rent £50,600; reported 9.2% yield
- Large open-plan kitchen/dining/lounge, modern shower rooms
- Compact total area (1,680 sq ft) and small plot
- Built pre-1900 with uninsulated stone walls (assumed)
- High local crime and very deprived area; affects costs
- Council tax described as expensive; consider running costs
An eight-bedroom mid-terrace HMO in Cathays, offered freehold and currently let until June 2026, provides immediate income and proven student demand. The property produces a reported £50,600 pa income (approx. 9.2% yield) and features a large open-plan kitchen/dining/lounge and modern shower rooms across three floors. These communal living spaces and double bedrooms are arranged for rental efficiency, appealing to experienced landlords focused on yield.
The building dates from before 1900 and retains period stone walls but appears to lack wall insulation; glazing install dates are unknown. Heating is mains gas with a boiler and radiators. The house is compact (approx. 1,680 sq ft) with a small plot and modest room sizes—suitable for student tenants but limiting for buyers seeking roomy accommodation.
Important practical considerations: the area shows high crime and very high deprivation levels, and council tax is described as expensive — factors that affect running costs, insurance and tenant mix. The property seems well presented internally with contemporary kitchen fittings and modern shower rooms, but buyers should budget for energy-efficiency upgrades (wall insulation, verify glazing) and ongoing maintenance typical of older terraces.
This is a straightforward, income-producing asset for investors experienced in student HMOs who accept urban neighbourhood challenges. It offers immediate cashflow and low vacancy risk given current tenancy, but it is best suited to those who factor in additional capital for insulation, compliance checks and higher local operating costs.