Rhymney Street, Cathays

This three-bedroom terraced house presents an appealing investment opportunity in the vibrant Cathays area, known for its popularity among students. Situated on Rhymney Street, this property is ideally located within the sought-after Golden Triangle, making it a prime choice for those seeking accommodation close to Cardiff University and local amenities. Currently generating an annual rental income of £18,630, it offers an attractive yield of 7.5%, making it a sound investment for potential buyers. The property features an enclosed rear garden, which not only provides outdoor space but also presents potential for future expansion, subject to necessary planning permissions. Recent updates include a new boiler and damp works completed in 2023, ensuring that the property is well-maintained and ready for immediate rental. With its established rental income and freehold tenure, this property not only serves as a reliable investment but also offers opportunities for value enhancement in a thriving student market. The surrounding area is rich with shops, cafés, bars, and amenities that contribute to its desirability, making Rhymney Street a compelling option for investors looking to capitalize on the local demand.