8 bed terraced bungalow for sale Cathays Terrace, Cathays CF24

A substantial four-storey HMO property situated in the heart of Cathays, one of Cardiff's most vibrant and sought-after rental areas. Fully let until June 2026 and producing a combined annual income of £53,575, this property offers investors an attractive return of 8.5%.The location is ideal for student demand, with Cardiff University, the Student Union, and the City Centre all within walking distance, as well as a fantastic range of local shops, bars and eateries.The building is arranged as two self-contained units. The ground floor houses a spacious studio apartment with open-plan living space, a separate kitchen and bathroom, currently let at £775 per month. The upper three floors are configured as a licensed HMO. The ground floor of this section provides one double bedroom, a large lounge, an open-plan kitchen and dining room, and a shower room. On the first floor there are four further double bedrooms, a shower room and a separate W.C., while the second floor offers the remaining two bedrooms.The property has been well maintained and presented by the current vendors, making this an excellent, ready-made investment opportunity in a prime student location. Early viewing is strongly recommended.We are advised by the vendor that provisions of electricity, gas, water and sewerage are connected to a mains supply, and no materials used in construction may impact a buyer's enjoyment, mortgage availability, or insurance availability, and there are no issues or restrictions on mobile signal/coverage.Living Room4.65m x 4.06m - 15'3” x 13'4”Kitchen7.8m x 3.19m - 25'7” x 10'6”Bathroom Gf2.39m x 2.14m - 7'10” x 7'0”Bedroom Gfm3.57m x 3.55m - 11'9” x 11'8”Bedroom Fffl5.4m x 2.55m - 17'9” x 8'4”Bedroom Fffr5.46m x 2.55m - 17'11” x 8'4”Bedroom Ffm3.8m x 3.55m - 12'6” x 11'8”Bathroom Ff2.01m x 1.8m - 6'7” x 5'11”WC1.2m x 1.8m - 3'11” x 5'11”Bedroom Ffr3.7m x 3.2m - 12'2” x 10'6”Bedroom Tff4.82m x 3.58m - 15'10” x 11'9”Bedroom Tfr3.55m x 3.11m - 11'8” x 10'2”Basement Flat Lving Area4.5m x 4.06m - 14'9” x 13'4”Basement Flat Kitchen3.5m x 3.5m - 11'6” x 11'6”Bathroom Basement2.4m x 2.1m - 7'10” x 6'11”