January 27, 2016
Freehold Investment Oppurtunity in Cardiff
It’s not often that a freehold property becomes available in the Bay area so I would highly recommend taking a good look at this one
This three bedroom terraced house is located within just a few minutes walk of all the cafes, bars and restaurants of Mermaid Quay. They are popular with both families and working professional sharers so you should have no problem finding tenants.
It appears from the photos to be in tip top condition so there is every chance that this is a property you could buy and let pretty much straight away.
It is on the market with Moginie James for £175,000 which I believe to be a very fair asking price. I would think you could achieve a rental figure of around £800pcm which gives you a yield of just under 5.5%.