Connaught Road, Roath, Cardiff, CF24 3PX

Guide Price £500,000Freehold

666

Key Information

Tenure:Freehold
Council tax band:Not available
Broadband:up to 1000Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Block of Four Flats
Investment Opportunity
Sought After Location
Close to Amenities
Good Transport Links
Convenient for University

Description

Investment opportunity - Block of four flats in the heart of the sought after Roath area. The property comprises two x 2 bedroom flats and two x 1 bedroom flats, currently producing a rental income of ÂŁ37,200 per annum, a potential yield of approximately 7.5%.

We are delighted to present to market this block of four flats, presenting a fantastic investment opportunity in the heart of the sought after Roath area. The property comprises two x 2 bedroom flats and two x 1 bedroom flats, currently producing a rental income of ÂŁ37,200 per annum. This would yield a return of approximately 7.5% based on the current asking price. The property would benefit from some updating which would offer further growth potential.

This is a prime Roath location with easy access to local amenities, including banks, parks, restaurants, shops, bars and coffee shops, as well as being within walking distance to Cardiff city centre and the University. There are also good transport links with a regular bus service close by.

Book your viewing appointment via the Isla Alexander web portal or via telephone through our reservations team.

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Marketed by

Karen Hodges

Partner
Karen Hodges
Marlborough Primary
(0.18 miles)
Number of pupils: 502
Age Range: 5-11
Albany Primary School
(0.26 miles)
Number of pupils: 432
Age Range: 5-11
Stacey Primary School
(0.37 miles)
Number of pupils: 230
Age Range: 5-11
St Peter'S Primary School
(0.39 miles)
Number of pupils: 453
Age Range: 5-11
Roath Park Primary School
(0.48 miles)
Number of pupils: 462
Age Range: 5-11
Cardiff Muslim Academy
(0.54 miles)
Cardiff Academy
(0.54 miles)
Eastward House
(0.54 miles)
Kings Monkton School
(0.58 miles)
Tredegarville C/W Primary
(0.6 miles)
Number of pupils: 224
Age Range: 5-11

Property Calculators

If you would like to learn more about how we can help with your mortgage please visit our mortgage page.

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ2,631 /mo.25 Years, 5% Interest
Loan
ÂŁ450,000
Total Repay
ÂŁ789,197

Land Transaction Tax

You’ll have to pay the land transaction tax of:
ÂŁ17,450
0% up to ÂŁ180,000
3.5% between ÂŁ180,000 and ÂŁ250,000
5% between ÂŁ250,000 and ÂŁ400,000
7.5% between ÂŁ450,000 and ÂŁ750,000
Your effective land transaction tax is 3.49%

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