Hayes Road, Penarth CF64 2 bed flat for sale

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Hayes Road, Penarth CF64 2 bed flat for sale

Hayes Road, Penarth CF64
£155,000

Price History

Initial price £195,000
06/12/24 £180,000
14/12/24 £177,000
21/12/24 £174,000
24/12/24 £171,000
03/01/25 £190,000
10/01/25 £187,000
17/01/25 £184,000
31/01/25 £181,000
28/02/25 £178,000
13/03/25 £175,000
20/03/25 £172,000
27/03/25 £169,000
03/04/25 £166,000
09/04/25 £163,000
18/04/25 £160,000
25/04/25 £157,000
24/05/25 £165,000
26/06/25 £160,000
25/07/25 £157,000
10/12/25 £155,000
Price Change -20.51%

Description

This 2-bedroom flat in Penarth offers a fantastic investment opportunity for those looking to expand their portfolio. The well-kept home features modern amenities, including a lounge, kitchen, roof terrace, and parking bay, and is currently generating an annual gross income of £13,200. With tenants already situated, the new owner has the potential to increase the rental income to a market rate of £15,600, making for a worthwhile addition to an investment portfolio. The current tenants have a good track record of paying their rent on time and have no plans to move out, ensuring a smooth transition for the buyer.