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    35 Merthyr Road
    Cardiff, CF14 1DB

     

    T: 0292 052 2106
    Lettings: lettings@chambersestateagents.co.uk
    Sales: sales@chambersestateagents.co.uk

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    Diana Street, Roath, Cardiff, South Glamorgan, CF24 4TS

    Guide Price £250,000Freehold

    322
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    Property Calculators

    Mortgage

    Estimated Monthly Mortgage Payment:
    ÂŁ1,188 /mo.25 Years, 4% Interest
    Loan
    ÂŁ225,000
    Total Repay
    ÂŁ356,290

    Land Transaction Tax

    You’ll have to pay the land transaction tax of:
    ÂŁ1,500
    0% up to ÂŁ225,000
    6% from ÂŁ225,000 to ÂŁ250,000
    Your effective land transaction tax is 0.6%
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    ADDRESS 

    35 Merthyr Road,
    Cardiff CF14 1DB
    t: 0292 052 2106
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    Diana Street, Roath, Cardiff, South Glamorgan, CF24 4TS

    Guide Price £250,000

    Terraced house
    3 Bedrooms2 Bathrooms2 Receptions

    Key Information

    Tenure:Freehold
    Council tax band:Not available
    Broadband:up to 330Mbps

    Description

    Bay-fronted mid-terrace property arranged as two self-contained apartments in the Roath district of Cardiff. Comprising a vacant one-bedroom garden apartment and a let two-bedroom duplex producing ÂŁ675 pcm. Offering refurbishment and rental growth potential for investors or developers.

    A bay-fronted mid-terrace property situated on Diana Street in the established and well-regarded Roath district of Cardiff. The building is currently arranged as two self-contained apartments and presents an attractive opportunity for investors or developers seeking a value-add residential asset.

    The ground floor comprises a self-contained one-bedroom garden apartment, currently vacant. The accommodation includes a living room, fitted kitchen, double bedroom and bathroom, together with gas central heating and uPVC double glazing throughout. The apartment extends to approximately 470 sq ft and benefits from a low-maintenance, enclosed courtyard garden. The EPC rating is D.

    The upper part of the property is arranged as a self-contained duplex apartment, currently let and generating a rental income of ÂŁ675 per calendar month. The accommodation includes a living room/dining room, fitted kitchen and bathroom, with two double bedrooms arranged over the upper floor. The apartment benefits from gas central heating and uPVC double glazing and extends to approximately 769 sq ft.

    Both apartments would benefit from a programme of refurbishment and modernisation, following which there is considered to be scope for a meaningful uplift in rental income, reflecting comparable refurbished accommodation within the locality.

    The property is offered as a single freehold investment and will be of interest to buy-to-let investors and developers seeking an opportunity to enhance value within a strong residential location.

    All enquiries via Chambers Estate Agents.

    Albany Primary School
    (0.07 miles)
    Number of pupils: 432
    Age Range: 5-11
    Roath Park Primary School
    (0.24 miles)
    Number of pupils: 462
    Age Range: 5-11
    Marlborough Primary
    (0.36 miles)
    Number of pupils: 502
    Age Range: 5-11
    Cardiff Muslim Academy
    (0.57 miles)
    St Peter'S Primary School
    (0.58 miles)
    Number of pupils: 453
    Age Range: 5-11
    Kings Monkton School
    (0.59 miles)
    St Monicas C/W Primary School
    (0.62 miles)
    Number of pupils: 132
    Age Range: 5-11
    Eastward House
    (0.62 miles)
    Cardiff Academy
    (0.62 miles)
    Gladstone Primary School
    (0.64 miles)
    Number of pupils: 226
    Age Range: 5-11