Clive Street, Grangetown, Cardiff
About this home
Property Details: • Type: Block of Apartments • Tenure: N/A • Floor Area: N/A
Key Features: • Three Flats In One Freehold Block • Flat 1 Generates £6600 Per Annum • Flat 2 Generates £8400 Per Annum • Flat 3 Generates £5400 Per Annum • Excellent Investment Opportunity
Location: • Nearest Station: N/A • Distance to Station: N/A
Agent Information: • Address: 233 Cathedral Road, Pontcanna, Cardiff, CF11 9PP
Full Description: Welcome to this fantastic property located on Clive Street in the vibrant area of Grangetown, Cardiff. This impressive block of flats offers a unique investment opportunity that is sure to catch the eye of any savvy investment buyer. The three flats spread across three floors boasts a spacious combined 1,604 sq ft of rentable space. The potential for a substantial annual return of £20,400 with full occupancy makes this property an attractive option for those looking to generate a steady income. Situated in the heart of Grangetown, residents will enjoy easy access to local amenities, schools, and transport links, making it a desirable location for tenants. Whether you are looking to expand your property portfolio or seeking a new investment opportunity, this block of flats on Clive Street is a must-see. Don't miss out on the chance to own a property with great rental potential in this up-and-coming area of Cardiff. Book a viewing today and explore the possibilities that this property has to offer.Communal Areas - Main entrance door opens to communal hallway with stairs rising to floors one and two.Ground Floor Flat - This ground floor flat is in the region of 560 square feet and is currently tenanted with a monthly income of £550 p.c.m / £6600 per annum.First Floor Flat - This middle floor flat is in the region of 667 square feet and is currently tenanted with a monthly income of £700 p.c.m / £8400 per annum.Top Floor Flat - This top floor flat is in the region of 377 square feet and is currently tenanted with a monthly rental income of £450 p.c.m / £5400 per annum.Epc - Flat 1 CFlat 2 CFlat 3 DTenure - We have been advised by our seller client that the property is Freehold. Your legal representative should confirm this.Council Tax - Flat 1 is band CFlat 2 is band CFlat 3 is band BBroadband Speed - According to Ofcom the highest speed available in the area is 1000MBPS this info can be found at Construction - The property is traditional brick built circa 1910.An excellent investment offering over a 9% gross yield. Suitable for experienced landlords/investors who want to purchase a property which is currently fully let and ready to go. Built over three floors and comprises of three self contained flats.BrochuresClive Street, Grangetown, Cardiff