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 C
Flat 2 C
Flat 3 D
Tenure
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 C
Flat 2 is band C
Flat 3 is band B
Broadband Speed
According to Ofcom the highest speed available in the area is 1000MBPS this info can be found at https://checker.ofcom.org.uk/en-gb/broadband-coverage#pc=cf117jb&uprn=10023547181
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.
1604 sq ft
