The Retreat, Penylan, Cardiff
- PROPERTY TYPE
Detached
- BEDROOMS
9
- BATHROOMS
5
- SIZE
2,152 sq ft
200 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Fully functioning 9-bedroom HMO.
- Located in the prestigious Penylan area.
- Strong rental potential in a high-demand location.
- Approved planning (reference 20/01176/MNR) for alternative development.
- Versatile property with potential for family home conversion.
- Proximity to Roath parks, gardens, and Penylan's unique eateries.
- Generous plot size of 0.11 acres.
- No onward chain for a hassle-free purchase.
- Close to Cardiff's city center and major transport links.
- A unique investment opportunity with multiple avenues for ROI.
Description
Description - Step into a lucrative investment opportunity with this established 9-bedroom HMO in the heart of Penylan, Cardiff. A property that not only promises steady rental income but also offers versatility in its potential uses.
Situated in the prestigious Penylan area, this HMO is perfectly positioned to attract tenants seeking the balance of city living with the tranquillity of a historic neighbourhood. With Roath parks, gardens, and a plethora of unique eateries just a short stroll away, residents will be immersed in the community spirit that Penylan is renowned for.
The property itself is expansive, spread over two floors, ensuring ample space and comfort for all occupants. Each room has been thoughtfully designed to cater to the needs of modern tenants, ensuring a steady demand with minimal historic vacancy periods. Historically it brought in a modest £4,400.00 per month, which is considered under market value. With an approximate 10% ROI.
However, the potential of this property doesn't end with its current HMO status. With approved plans (reference 20/01176/MNR) in place, there's an opportunity for transformation into 6 individual apartments. Alternatively, for those with a vision, it can be reimagined as a spacious family home, making it a truly versatile investment.
With no onward chain, this property is ready for the next investor to realize its full potential. Whether you're looking to continue its legacy as an HMO, transform it into apartments, or convert it into a family home, this property in Penylan promises a return on investment in more ways than one.
Brochures
The Retreat, Penylan, CardiffBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: G
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
The Retreat, Penylan, Cardiff
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cathays Station1.2 miles
- Heath Low Level Station1.4 miles
- Heath High Level Station1.4 miles
About the agent
Harry Harper Sales & Lettings, Cathays
85 Cathays Terrace Cathays Cardiff CF24 4HT
Moving is a busy and exciting time and we're here to make sure the experience goes as smoothly as possible by giving you all the help you need under one roof.
HH Sales & Lettings has always used computer and internet technology, but the company's biggest strength is the genuinely warm, friendly and professional approach that we offer all of our clients.
Our record of success has been built upon a single-minded desire to provide our clients, with a top class personal service delive
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 32606639. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Harry Harper Sales & Lettings, Cathays. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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