Connaught Road, Roath CF24

Property Details: • Type: N/A

• Bedrooms: 9 • Bathrooms: 0

Description: An exceptional investment opportunity to acquire a substantial block of nine self-contained apartments in the highly sought-after area of Roath, ideally positioned within easy access of Cardiff City Centre and the vibrant Wellfield Road, renowned for its excellent selection of cafés, eateries, bars, and local amenities.<br><br>The property has been well maintained by the current owners and produces a strong annual rental income of approximately £83,940 per annum, representing an attractive gross yield of circa 8.5%.<br><br>The development comprises a mix of well-proportioned apartments, each benefiting from individual EPC ratings and established rental income, making this an ideal addition to any investment portfolio.<br><br>Apartment Breakdown:<br><br>Flat 1 EPC D £800 pcm 31 sq.m<br><br>Flat 2 EPC C £825 pcm 36 sq.m<br><br>Flat 3 EPC C £750 pcm 37 sq.m<br><br>Flat 4 EPC C £815 pcm 29 sq.m<br><br>Flat 5 EPC D £800 pcm 35 sq.m<br><br>Flat 6 EPC C £765 pcm 26 sq.m<br><br>Flat 7 EPC D £825 pcm 29 sq.m<br><br>Flat 8 EPC C £650 pcm 26 sq.m<br><br>Flat 9 EPC D £765 pcm 31 sq.m<br><br>Rarely do opportunities arise to acquire a fully let and income-producing block in such a desirable Cardiff location.