Front of Property

House For Sale £290,000
Cosmeston Street, Cathays, Cardiff


Description
CATHAYS GEM on Cosmeston St! HMO licensed 5-bed with HUGE rental potential. NO CHAIN. SECURE gated access. Let until Sept '24 at £1,900/mo - room to grow! PAVED garden oasis. Front forecourt & paved garden. Dive into this investment opportunity NOW!

Description - Prime Investment in Cathays' Golden Triangle: Cosmeston Street Delight!

Nestled in the heart of Cathays, often referred to as the 'Golden Triangle', we present a stellar opportunity on Cosmeston Street. This property proudly holds an HMO license as a 5-bedroom let, echoing the success of nearby investments that boast returns in excess of 7.86%. Currently generating a steady rental income of £1,900 per month until September 2024, savvy investors will spot the potential to elevate this figure with a few enhancements.

Step inside to discover a layout that seamlessly marries versatility with spaciousness. The ground floor welcomes you with two double bedrooms, a modern kitchen, a cosy living room, and a functional shower room. Ascend to the first floor to find three additional double bedrooms, a full bathroom, and a bonus room, ripe for transformation into a study or home office.

But that's not all. This property is a chameleon. While it thrives as an HMO, it can effortlessly revert to a grand family home. Imagine four bedrooms on the first floor and three expansive reception rooms on the ground. The traditional features sprinkled throughout the property add a touch of timeless charm, reminiscent of the stunning terraced houses from the 1920s in the vicinity.

Externally, the property doesn't disappoint. A front forecourt sets the stage, leading to a low-maintenance paved rear garden, perfect for those cherished moments of relaxation.

Location is king, and this property reigns supreme. A stone's throw from Cardiff University, the University Hospital of Wales, and the vibrant offerings of Bute Park and the City Centre. And for those moments when you crave a touch of nature, Roath Park and Lake are just around the corner.

Whether you're looking to kickstart your investment journey, expand your portfolio, or craft a spacious family haven, this property on Cosmeston Street beckons. Dive into this unique opportunity and witness the blend of tradition, location, and potential.

Book your viewing today and envision the possibilities!

Entrance Hall -

Bedroom Four - 3.21m x 3.44m max (10'6" x 11'3" max) -

Bedroom Five - 2.85m x 3.74m max (9'4" x 12'3" max) -

Living Room - 3.19m x 4.55m max (10'5" x 14'11" max) -

Kitchen - 2.62m x 3.19m (8'7" x 10'5" ) -

Inner Hallway -

Shower Room -

First Floor Landing -

Bedroom One - 3.20m x 4.59m max (10'5" x 15'0" max) -

Bedroom Two - 2.84m x 3.49m max (9'3" x 11'5" max) -

Bedroom Three - 3.22m x 3.60m max (10'6" x 11'9" max) -

Study / Home Office - 2.27m x 2.89m max (7'5" x 9'5" max) -

Bathroom - 1.84m x 2.27m (6'0" x 7'5") -

Front Forecourt -

Rear Garden -

Tenure - We have been advised by the Vendor that the property is FREEHOLD and is being sold with NO CHAIN. The property is currently let until September 2024 as an ongoing investment purchase.

Council Tax - Band F.


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onthemarket.com

  
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