5 bed terraced house for sale

Richmond Road, Cardiff CF24

Prime HMO investment – 5 bedrooms – richmond road. £2,000PCM.

Investors only | high-demand location | fast completion

why this property stands out?
• Established 5 bedroom HMO
• Blue chip Roath location – strong year round demand
• Excellent access to universities, city centre & amenities
• Immediate income potential
• Ideal for portfolio landlords or yield driven investors
• Investors only – no owner occupiers
• Fast and secure transaction

A rare, high demand 5 bedroom HMO investment located on the extremely sought after Richmond Road, one of Cardiff’s strongest and most consistent rental locations. This is a ready made investment opportunity in the heart of Roath, an area renowned for continual demand from students and professionals due to its close proximity to Cardiff University, the city centre, hospitals and major transport links. Properties of this type and size on Richmond Road are seldom available and are consistently popular with tenants.
The property offers five generous lettable bedrooms with communal areas arranged over multiple floors, making it ideal for an investor seeking reliable occupancy and long term capital growth in a proven HMO hotspot.
Modern method of sale

This property is offered via Modern Method of Sale, providing speed and certainty. A non refundable reservation fee is payable to secure the property, with fixed timescales for exchange and completion - ideal for decisive investors looking to act quickly.
Investment opportunities in this location do not stay available for long. Early viewing is strongly advised.

Auctioneer Comments This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Bedroom 1 (4.52m x 4.2m)

Bedroom 2 (3.7m x 3.25m)

Living Room (5.2m x 3.02m)

Kitchen (3.23m x 2.82m)

Bedroom 3 (4.75m x 3.58m)

Bedroom 4 (3.7m x 3.38m)

Bedroom 5 (3.12m x 3.1m)

Shower Room (2.1m x 1.6m)