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Two Flats generating £21,300 p.a.

Cardiff, CF24 - Get Access

3 bed 2 bath

Description

Investment opportunity to purchase an end-of-terrace property currently presented as two self-contained flats (34A & 34B) located on Arthur Street in Adamsdown, within a short distance to Cardiff City Centre. The property is informed to generate rents of £21,300 per annum (£1,000pcm for the ground floor 2-bedroom flat and £775pcm for the first floor 1-bedroom flat), representing an approximate gross yield of 11.8% on the advertised guide price. The ground floor flat comprises two bedrooms, an open-plan kitchen with dining area, and a shower room, with access to a low-maintenance rear courtyard garden. The first floor flat includes one bedroom, a living/dining room, a kitchen, and a shower room. The property is well-positioned within a popular residential area of Cardiff, benefiting from strong rental demand due to its proximity to the city centre, local amenities, public transport links, and Cardiff University. This location makes it an attractive and sustainable investment for landlords. Further information on tenancies or tenure should be verified via the legal pack.