Lochaber Street, Cardiff

Property Details: • Type: Terraced • Tenure: FREEHOLD • Floor Area: 1410 sqft

Key Features: • 5 Bed HMO • Victorian Property • Close to Roath Recreation Grounds • Spacious Interior • Ideal Central Location • Investment or Family Home Conversion Opportunity

Location: • Nearest Station: Cathays Station • Distance to Station: 0.7342477925460266 miles

Agent Information: • Address: 102 Albany Road Cardiff CF24 3RT

Full Description: Situated on the ever popular Lochaber Street, this substantial bay fronted Victorian five bedroom HMO property presents an exceptional opportunity for investors and owner occupiers alike. Just a stone’s throw from Roath Recreation Ground, Albany Road and Wellfield Road, the property enjoys one of Cardiff’s most sought after and consistently high demand rental locations.<br /><br />Currently operating as a fully licensed 5 bedroom HMO, valid for a further 3 years, providing immediate peace of mind for prospective landlords. The property is currently achieving a rental income of approximately £2,000 PCM (£24,000 per annum), offering an attractive yield with clear scope for further rental growth following cosmetic refurbishment and modernisation.<br /><br />Internally, the accommodation comprises five bedrooms, two bathrooms, communal living accommodation and kitchen facilities, making it perfectly suited for continued HMO use. Equally, the generous layout offers exciting potential for conversion back into a spacious family home..<br /><br />The location is a major selling point, with excellent access to local amenities, cafés, shops, parks, Cardiff University, Cardiff Metropolitan University and transport links, making it highly desirable for students and young professionals.<br /><br />Key Features:<br /><br />Substantial 5 Bedroom HMO<br />Prime Roath location<br />Walking distance to Albany Road & Wellfield Road<br />Adjacent to Roath Recreation Ground<br />HMO licence valid for 3 more years<br />Currently generating £24,000 per annum<br />Potential to increase rental income after refurbishment<br />Two bathrooms<br />Vacant possession available<br />Ideal investment or family home conversion opportunity<br /><br />A rare opportunity to acquire a versatile property in one of Cardiff’s strongest rental areas. Early viewing is highly recommended.