Romilly Road, Cardiff CF5

Property Details: - Type: Semi-detached house - Bedrooms: 5 - Bathrooms: 5

Agent: Seel & Co Auctions - Cardiff Phone: 029 2227 5081

FOR SALE BY PUBLIC AUCTION: The auction will take place online on 12th May 2026 at 04:06 PM with registration through our website.<br/><br/>Three storey, semi-detached investment property comprising 5 apartments in this very popular location close to Thompson park. Informed income of £41,400pa, representing an Initial Gross Yield of circa 12%.<br/><br/><b>Description</b><br/>Three storey, semi-detached investment property comprising 5 apartments in this very popular location close to Thompson park. Informed income of £41,400pa, representing an Initial Gross Yield of circa 12%.<br/><br/>The property itself has been well-maintained by the landlord and the apartments are in generally good order as well as the communal areas, though some modernisation in parts would be beneficial.<br/><br/>The property is arranged as 5 apartments with 3 x one bedroom apartments plus 1 x studio accessed via the main communal hall, and a further studio at the rear of the property with its own entrance and a small yard. To the rear of the property is a yard which we are informed is let to a neighbour for parking.<br/><br/>The building appears to be of brick/stone construction with brick and spar rendered elevation and benefitting from uPVC windows and doors throughout and central heating provided by modern combination boilers in each apartment (not tested) and all have separate utilities as well as a landlord supply to the communal hall. Outside there is an enclosed front yard as well as the rear yard facing Flat 2 and the further parking area to the rear, facing Clive road.<br/><br/>The property is located in a popular area close to Thompson park with with shops, restaurants and amenities of Pontcanna, Canton and Victoria park all within easy reach.<br/><br/>Accommodation<br/>GF - Communal Hall<br/>Flat 1 - Lobby with utility area, living/kitchen/dining room, double bedroom, shower room. £650pcm<br/>Flat 2 - Own entrance, living/kitchen/bedroom studio, shower room. £625pcm<br/>FF - Flat 3 - Lobby, living/dining room, open to kitchen, double bedroom, shower room. £795pcm<br/>Flat 4 - Living/kitchen/bedroom studio, shower room. £520pcm<br/>SF - Flat 5 - Lobby, living/dining room, open to kitchen, double bedroom, shower room. £800pcm<br/>OS - Front and side yard, rear yard is rented for £60pcm<br/><br/>Total income of £3450pcm (£41,400pa), please though consult the legal pack for confirmation of all incomes and tenancies.<br/><br/>Informed Freehold please refer to legal pack for verification of tenure<br/><br/>Additional Fees<br/>Buyer’s Premium – 1.5% with a minimum of 2,000.00 (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.<br/><br/>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.<br/><br/>Further Information<br/>Auctioneers Office, Seel Auctions[use Contact Agent Button]<br/><br/>Viewing<br/>Viewing by appointment with Seel Auctions