Wyeverne Road, Cathays

Property Details: • Type: Terraced • Tenure: FREEHOLD • Floor Area: N/A

Key Features: • Eight-bedroom student investment property. • £52,900 annual rental income – approximately 9.5% gross yield. • Currently let until 2028 • Prime Cathays location within Cardiff's Student Golden Triangle • Renovated in recent years with three modern shower rooms. • Open-plan living accommodation and enclosed rear garden.

Location: • Nearest Station: Cathays Station • Distance to Station: 0.10924215865155232 miles

Agent Information: • Address: 66 Albany Road, Roath, Cardiff, CF24 3RR

Full Description: <p>A fantastic opportunity to acquire this substantial eight-bedroom student investment property, ideally positioned in the heart of Cathays, within Cardiff's highly sought-after Student Golden Triangle. Currently let until 2028, generating an impressive annual rental income of £52,900 and an approximate gross yield of 9.5%, making this an excellent addition to any investment portfolio.</p><p>The property has been renovated in recent years and offers generous accommodation arranged over three floors. The ground floor comprises an open-plan living room and kitchen with direct access to the enclosed rear garden, two bedrooms and a modern shower room. The first floor provides a further four bedrooms and two modern shower rooms, with the remaining two double bedrooms occupying the second floor.</p><p>Perfectly located for Cardiff's universities, with a wealth of student amenities, shops, bars and restaurants right on the doorstep, this is a prime student investment in an established and consistently popular rental location.</p><p>We are advised by the vendor that provisions of electricity, gas, water and sewerage are connected to a mains supply, and no materials used in construction may impact a buyer's enjoyment, mortgage availability, or insurance availability, and there are no issues or restrictions on mobile signal/coverage.</p><p>Please note: A non-refundable administration fee of £24 including VAT is payable per buyer to carry out the required AML verification checks once an offer has been accepted. The sale cannot proceed until these checks have been satisfactorily completed. This is on acceptance of offer only. Details can be found on our website.</p>