5 bed block of flats

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5 bed block of flats

Cyril Crescent, Roath CF24
£450,000

Price History

Initial price £480,000
17/07/25 £450,000
Price Change -6.25%

Description

This is a fantastic opportunity to acquire a fully let block of five self-contained 1-bedroom apartments, located just a short distance from Cardiff's city center and popular Newport Road. The property offers a strong and stable annual income of £39,900, with a gross yield of almost 9%, making it ideal for portfolio investors seeking solid returns. The apartments are well-maintained and feature modern open-plan living areas, fitted kitchens, and stylish en-suite shower rooms. With a mix of contemporary and traditional finishes, each flat has its own unique character. The property benefits from a shared garden and is situated in a highly sought-after rental area, ensuring a steady stream of tenants. With electricity, water, gas, and sewerage connections to the mains supply, and no known issues or restrictions on mobile signal or coverage, this is an attractive investment opportunity for those looking to generate a strong income.