Colum Road, Cathays

Located in the desirable Cathays area, this property presents a valuable investment opportunity with a fully tenanted block of apartments yielding an impressive annual income of £37,140 (including water and electricity costs). The attractive position near universities and Cardiff City Centre ensures persistent rental demand from both students and professionals. The property consists of three units: a self-contained 1-bedroom flat currently renting for £725 per month, a studio apartment at £750 per month, and a larger 3-bedroom flat generating £1,620 monthly. While it is currently functioning as a turnkey investment with consistent cash flow, there is considerable potential for enhancement through extensions or reconfiguration, pending planning approval. This possibility could significantly increase rental income and property value in this high-demand area.