INVESTMENT – 2 x 2 BEDROOM APARTMENTS – FULLY LET
Presenting a unique investment prospect comprising two modern 2-bedroom apartments, each occupying the ground and first floors of a property on Howard Terrace. These residences are ideally located, occupying a quiet position, within walking distance to Cardiff City Centre and the excellent public transport links. This offering represents a compelling opportunity for investors seeking a property with a proven rental history, modern amenities, and a prime location in Cardiff.
Modern Design – Both apartments have been refurbished to provide modern living spaces.
Prime Location – Located on Howard Terrace, these apartments offer the perfect blend of serenity and city accessibility, with Cardiff’s vibrant amenities just a short stroll away.
Excellent Transport Links – Easy access to public transport, facilitating seamless commutes within and beyond the city.
Tenancy Status – Both apartments are currently fully let, ensuring immediate rental income.
Annual Rental Income – Circa £25,000, reflecting a robust gross annual return of 8.4%.
Compliance – Properties come with current gas and electric safety certificates, as well as Energy Performance Certificates (EPCs).
Title Information – Each apartment holds a separate title, yet both are offered together as a single freehold investment.
Accommodation –
Ground Floor Flat –
Lounge – 4.88m x 3.38m (16’0″ x 11’1″) –
Bedroom One – 3.74m x 3.10m (12’3″ x 10’2″) –
Bathroom – 1.89m x 1.86m (6’2″ x 6’1″) –
Bedroom Two – 3.16m x 2.51m (10’4″ x 8’2″) –
Kitchen/Diner – 3.00m x 7.10m (9’10” x 23’3″) –
First Floor Flat –
Lounge – 4.88m x 3.38m (16’0″ x 11’1″) –
Bedroom One – 3.17m x 3.68m (10’4″ x 12’0″) –
Bathroom – 2.13m x 1.61m (6’11” x 5’3″) –
Kitchen – 2.13m x 2.05m (6’11” x 6’8″) –
Bedroom Two – 3.04m x 3.02m (9’11” x 9’10”) –
Outside – Permit parking to the front. Rear garden for the ground floor apartment only.
Lease Details –
Ground Floor Flat – Lease term 999 years from 01/01/2020
First Floor Flat – Lease term 999 years from 01/01/2020
Council Tax – Band C
