Marlborough Road, Penylan

Property Details: • Type: Block of Apartments • Tenure: N/A • Floor Area: N/A

Key Features: • Invetsment opportunity • Let with an income of £52,000 • Return 11% • Terraced block of mixed accommodation • Good access to the City Centre

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

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

Full Description: A perfect investment opportunity situated within a highly desirable location, offering an immediate income in excess of £52,000.  We have been advised that the property is fully let, giving a current annual return of in excess of 11%...Located within easy reach of the City Centre, university campuses and local amenities, including Roath Park, make this a hugely popular area to live in. Albany and Wellfield Road and are all but a few steps away with their range of shops, eateries, and bars.This converted property is available for sale and is a blend of mixed accommodation including three studios with individual kitchenettes and shared bathroom and laundry facilities. There are two self-contained one-bedroom flats as well as a self-contained two-bedroom apartment.Current rents: Annual income £52,000 broken down as; F1 - £750, F2 - £725, F3 - £550 F4 - £600, F5 - £800, F6 - £940We are advised by the vendor that provisions of electricity, 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.