150 Richmond Road, Cardiff, CF24 3BX

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

Key Features:

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: Desg, 11-13 Penhill Road, Pontcanna, Cardiff, CF11 9PQ

Full Description: FOR SALE BY PUBLIC AUCTION: The auction will take place online on 4th February 2025 at 04:24 PM with registration through our website.

Extended seven bedroom HMO property in very popular Roath location in reasonable order. Current gross income of £49,400pa (£4120pcm) including bills representing an Initial Gross Yield of 14.1%.

Description Extended, seven bedroom HMO property in very popular Roath location in reasonable order but in need of some decorative improvement. Current gross income of £49,400pa (£4120pcm) including bills representing an Initial Gross Yield of 14.1%.

The terraced property is briefly arranged as an entrance hall, two bedrooms, bathroom and WC with a large open-plan kitchen/dining and living room to the rear. Upstairs there are five further bedrooms and a further bathroom/WC. As mentioned the property appears to be in reasonable order but could benefit from some decorative updates throughout. However the property does benefit from uPVC windows throughout and central heating provided by a modern combi boiler (not tested).

Outside there is a front and rear yard and we are informed there was formerly a double garage to the rear which could be reinstated subject to any necessary consents and could be accessed via the rear lane.

Please see the full 3D VR tour once available.

Accommodation GF - Hall. Two bedrooms, bathroom, WC, living/dining/kitchen area. FF - Landing, five bedrooms, bathroom, WC. OS, Front and rear yard, plot of former rear garage.

Informed Freehold please refer to legal pack for verification of tenure

Additional Fees Buyer’s Premium – 1.2% with a minimum of 1,200.00 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Further Information Auctioneers Office, Seel and Co

Viewing Viewing by appointment with Seel and CoBrochuresLegal DocumentsOnline Bidding