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3 bed Flat For Sale £340,000
Moorland Road, Cardiff


Description
An excellent and versatile investment property set on a generous corner plot. This freehold unit has been converted into two self contained flats. The ground floor is a one bedroom property spanning the whole of the ground floor with private use of the outside space including off road parking and side access. This flat does have the ability to be configured into a two bedroom flat. The first floor has been converted into a two bedroom flat which is currently tenanted.

This property is an excellent option for investors due to the ability to be able to keep it in its original layout and benefit from immediate rental income (£19,000 PA) or subject to planning has the potential to become a 5-6 bedroom HMO with a projected rental income of approx. £29,000 PA. Alternatively the property could be restored back to its original layout of a spacious three/ Four bedroom family home. In order to maximise use of the outside space any new owner could consider obtaining planning for a side extension or another self contained dwelling.

Follow the link for more information:
        
onthemarket.com

  
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