We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom terraced house
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the highly sought-after student Golden Triangle' of Cathays, this four-person HMO presents an excellent investment opportunity, with current rental income of £2,140 per month over 11.5 months, equating to £24,610 per annum and an approximate 9% rental yield.
Perfectly positioned for student life, the property is conveniently located for Cardiff University, local amenities, shops, cafés, bars and excellent transport links.
The ground floor comprises two double bedrooms, a separate WC and a modern kitchen, with access to a generous enclosed rear garden.
Upstairs, there are two further double bedrooms and a bathroom fitted with a modern suite. Further benefits include double glazing and gas central heating.
A fantastic opportunity to secure a well-positioned student investment in one of Cardiff's most established student rental locations.
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.
Please note: A non-refundable administration fee of £24 including VAT is payable per buyer to carry out the required aml verification checks once an offer has been accepted.
The sale cannot proceed until these checks have been satisfactorily completed. This is on acceptance of offer only. Details can be found on our website.
Bedroom 1 3.4m x 2.7m - 11'2” x 8'10” Living Room 4.33m x 3.55m - 14'2” x 11'8” Kitchen 2.74m x 2.54m - 8'12” x 8'4” Bedroom 2 3.14m x 2.79m - 10'4” x 9'2” Bedroom 3 3.4m x 2.7m - 11'2” x 8'10” Bedroom 4 3.57m x 3.49m - 11'9” x 11'5”
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Letty Street, Cardiff
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