CPS Homes says ..

Property Oracle says ..

This property on Darran Street in Cathays, Cardiff, is presented as a seven-bedroom, three-bathroom HMO (House of Multiple Occupancy). The listing highlights its recent refurbishment and current rental income of £48,300 per annum, translating to a 9% return on investment. The images show a property that has undergone a significant renovation, showcasing modern kitchen facilities, and simply furnished bedrooms, each with a desk and chair. The exterior presents as a typical terraced house in a row of similar properties. A small, gravelled rear yard offers some external space, though it is not extensive. The location in Cathays places the property within close proximity to Cardiff University, providing a ready pool of potential student tenants. However, the lack of detail on the precise condition of the property (e.g., structural surveys, energy efficiency ratings), and the absence of a proper price per square foot comparison using data on truly comparable properties, prevents a definitive assessment of the value proposition. The provided nearby property pricing information lacks detail on square footage, complicating accurate price comparisons. The property’s appeal lies in its high rental income potential, making it attractive to investors, but a buyer should independently verify all aspects before proceeding with a purchase. Further investigation into comparable properties’ square footage and condition would provide a more definitive analysis.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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