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5 bed property, in Newport Road, £395,000
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5 bed terraced house

Newport Road, Cardiff CF24
£395,000
AuctionFreehold

The property is a three-storey semi-detached house with five self-contained one-bedroom flats. Each flat has an open-plan kitchen/living area, shower room, and one double bedroom, and they are all in good condition throughout. The building is located on Newport Road, close to the city centre, with excellent transport links. The property is currently almost fully let, generating an annual income of £40,020, with a gross initial yield of 10.1%. The flats are let for various monthly rents, with one currently vacant and advertised for £790 PCM.