6-bedroom terraced house · CF24 4BH
Sold STCListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb opportunity to acquire this fully let 6-bedroom HMO situated on the ever-popular Wyeverne Road, Cathays, one of Cardiff's most sought-after student investment locations.
Generating a monthly rental income of £3,120 (£35,880 per annum), the property offers an impressive 9% gross return, making it an ideal addition to any investment portfolio.
Arranged over three floors, the property offers well-proportioned accommodation including six letting bedrooms, two bathrooms, and a spacious open-plan kitchen/living area, providing an attractive communal space for tenants.
Located within walking distance of Cardiff University, the Student Union, University Hospital of Wales, and the excellent range of shops, cafés and amenities on Salisbury Road and Crwys Road, the property continues to benefit from strong tenant demand year after year.
We are advised by the vendor that provisions of electricity, water and sewerage are connected to a mains supply, and no materials used in construction may impact a buyer's enjoyment, mortgage availability, or insurance availability, and there are no issues or restrictions on mobile signal/coverage.
Bedroom 1 4.37m x 4.07m - 14'4" x 13'4" Bedroom 2 4.16m x 2.63m - 13'8" x 8'8" Kitchen/Living Room 7.23m x 4.04m - 23'9" x 13'3" Bedroom 3 4.31m x 2.53m - 14'2" x 8'4" Bedroom 4 3.41m x 3.01m - 11'2" x 9'11" Bedroom 5 3.46m x 2.72m - 11'4" x 8'11" Bedroom 6 5.08m x 2.18m - 16'8" x 7'2"
Value & comps
No previous sales on record.
Returns
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Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Wyeverne Road, Cathays
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