Salisbury Road, Roath, Cardiff, CF24 4 bed house for sale

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Salisbury Road, Roath, Cardiff, CF24 4 bed house for sale

Salisbury Road, Roath, Cardiff, CF24
£325,000

Price History

Initial price £335,000
03/04/25 £325,000
Price Change -2.99%

Description

This freehold property in Cathays, Cardiff, is a lucrative investment opportunity, offering two self-contained flats with a combined annual rental income of £22,200, reflecting a yield of over 6.5% based on the asking price of £335,000. The property is strategically located in the heart of Cathays, within walking distance to Cardiff University and the City Centre, making it an attractive option for both students and professionals. Both flats are fully tenanted, with a strong rental history, and offer a range of modern amenities, including spacious bedrooms, comfortable living spaces, and well-equipped kitchens. As a freehold property, the owner has greater control over the property and potential for future development or reconfiguration. With its prime location, strong rental demand, and potential for future appreciation, this property presents a unique opportunity for investors seeking a ready-made rental income in one of Cardiff's most dynamic areas.