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Monthermer Road, Cathays

£475,000
5   4   4
Conversion into 4 Separate Dwellings
3 Bed Ground Floor Flat
1 Bed First Floor Flat
Studio First Floor Flat
1 Bed Top Floor Flat
All Currently Tenanted on Fixed Term Tenancies
Fully Managed Since 2018 by Hogg & Hogg
Over 7% Yield
Freehold Property
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Property Summary

Fantastic Investment opportunity! Traditional red brick freehold property converted into 4 flats of varying sizes including a 3-bedroom ground floor flat, 1 bedroom first floor and top floor flats and a studio flat on the ground floor Located in Cathays, Cardiff close to the many and varied local amenities of Crwys Road. A short distance to the popular Albany Road and Wellfield Road and the beautiful Roath Park and Recreation grounds. Within easy reach of the City Centre and University Land. Excellent transport links. All flats current occupied on fixed term tenancies managed by Hogg and Hogg with a combined rental income of £2,900 pcm providing a yield of over 7%.

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