Penarth Road, Cardiff

Grangetown, Cardiff

£397,500
  • Furnished
  • Terraced
  • 1 Reception Rooms
  • 6 Bedrooms
  • 4 Bathrooms
  • Freehold

Here we have a fantastic HMO investment opportunity in a central location, just minutes walk away from Cardiff train station.

As you enter this stunning property you will be greeted by a spacious hallway finished with unique decorative Italian tiles leading you into the kitchen living area.

Before that you have two of the 6 double bedrooms on the ground floor, each fitted with a double bed and built in wardrobes.

The open plan kitchen has been finished with luxury LVT flooring, Silestone quartz worktops, built-in appliances which include; dishwasher, washing machine, induction hob, tumble dryer, two fridge freezers, oven & combi microwave.

The living space looks out on to the rear garden through aluminium bi-fold doors, it comes furnished with a corner sofa & smart TV.

At the rear of the property there is a newly slabbed area requiring minimum maintenance but perfect for the summer months.

On the first floor of the property there are three double bedrooms, each fitted with built in wardrobes, grey carpet, and anthracite Upvc doubled glazed windows. Bedroom 5 has it's own en-suite shower room.

Finally, the attic area you will find the best room in the property fitted with a spacious en-suite shower room, walk in wardrobe and media wall fitted with a smart TV.

The property is currently rented out to six professionals with a gross annual rental income of £39,600.00. The property is owned by a limited company, so the option to purchase the company is available which would avoid having to pay stamp duty tax.

Additional information:

Fully refurbished in 2018

HMO license is valid for 3 years

Fully rewired

New central heating system

New Upvc windows throughout