The property is a semi-commercial investment property in exceptional condition throughout. The property comprises of 8 modern high spec well designed duplex style apartments. Each are self contained and fully let out. This unit is up for sale for £1.45m and is a semi-commercial property with long standing commercial tenant.
This is a newly developed property with no expense spared. This is an ideal property for investors looking for a high quality investment with a good rental yield. It is expected that students will bring an additional £2 billion into the local economy with £950,000 million being spent on accommodation alone. For more information please do not hesitate to call on the numbers provided.
The Apartments/duplex’s
. 8 Maisonettes/duplex with a mixture of 1-2 beds
. Each apartment has direct access into the taverns beer garden
. Hi Spec, High quality unit finished to a very high standard
. All apartments are currently rented out
. Double glazing throughout
. All apartments are neutrally decorated
. Very popular development
Commercial unit / Tavern
. Tenant is on a long term lease
. The tavern itself is finished to a high standard with modern fixtures throughout.
. the tavern itself is large with an enclosed beer garden with seating for approx 25
. It is situated in a busy student location
. Hi spec commercial kitchen with appliances
. The tavern has a good selection of locals and students
. 2 large pool tables
. Table tennis
. Selection of 5 x fruit machines
. 2 separate bar areas, 1 bar is smaller for busy functions
. With licence to show sky sports events
Location
. 300 yds away from Cardiff university
. 5 minute drive from Cardiff town centre and a 10 minute walk from Cardiff town centre.
. Very popular location
. Close to student accommodation
. 10 minute walk from Cardiff town centre
Local amenities include.
Leisure centre with cycle track
Close to Cardiff castle grounds
2 x Tesco stores within a 1 mile radius
Rents are as below;
Flat 1 131 North Road - £830.00
Flat 2 131 North Road - £820.00
Flat 3 131 North Road - £825.00
Flat 4 131 North Road - £775.00
Flat 5 131 North Road - £775.00
Flat 6 131 North Road - £760.00
Flat 7 131 North Road - £760.00
Ground Floor Flat - £2,500.00
Flat 1 133 North Road - (Vacant) Previous rent £1,360.00