Hirwain Street, Cathays

Property Summary

TWO-BEDROOM CATHAYS PROPERTY | PLANNING APPROVED FOR TWO FLATS | £1,300 PCM CURRENT RENTAL INCOME | NO ONWARD CHAIN
A fantastic investment opportunity in the heart of Cathays, ideally positioned for Cardiff University and the many amenities, cafés, shops and facilities that make this such a popular location for students and young professionals.

Currently arranged as a traditional two-bedroom terraced property, the accommodation offers excellent proportions and comprises two generous reception rooms, a fitted kitchen and access to the enclosed rear garden on the ground floor. To the first floor are two good-sized double bedrooms and a spacious family bathroom.

The property is currently let and producing an income of approximately £1,300 per calendar month, making it an attractive proposition for investors looking for an income-producing property from day one.

Adding significant further potential, planning permission has been approved for the conversion of the property into two self-contained flats, incorporating a ground and first-floor extension together with a dormer loft conversion. This offers an exciting opportunity for an investor or developer to significantly enhance the property's accommodation and rental potential, subject to the approved planning scheme and all necessary consents.

The existing layout also provides flexibility, with the two reception rooms offering a variety of uses depending on the purchaser's requirements and the approved plans.

Cathays is one of Cardiff's most established and popular investment locations, particularly given its proximity to Cardiff University and the city centre. A wide range of local amenities are within easy walking distance, while excellent public transport links provide easy access across Cardiff.

Offered for sale with no onward chain, this is an exciting opportunity to acquire an income-producing property with substantial development potential and approved planning for two flats. Early viewing is highly recommended