Cardiff Road

James Douglas is delighted to welcome to the market this four double bedroom terrace HMO property, situated in the popular and convenient area of Treforest, Pontypridd. Offered for sale at 170,000 with no onward chain and professional working tenants in situ, this property represents an excellent investment opportunity for an established HMO landlord or investor, particularly given its close proximity to the University of South Wales. Cash purchasers would be particularly welcomed, although the vendor will consider offers from purchasers requiring mortgage finance.

The property currently generates rental income of 2,115 per calendar month, equating to 25,380 per annum, with stated annual costs of approximately 14,569.32. This provides a net annual income of approximately 10,810.68 and a net yield of approximately 6.36% based on the asking price of 170,000, making this an attractive proposition for investors seeking an established income-producing property.

The property provides well-proportioned accommodation throughout and is ideally suited to the HMO market, with four genuine double bedrooms and two shower rooms.

The accommodation is accessed via an entrance hallway which leads into the living room, with bedroom one also located on the ground floor. To the rear is a modern kitchen/diner providing a practical communal space for the occupants, together with a useful utility room and shower room. To the first floor are three further double bedrooms and an additional shower room, providing comfortable accommodation for all four tenants.

The property benefits from mains gas fired central heating via a combination boiler together with UPVC double glazed windows and doors throughout.

Externally, there is on-street parking available to the side and rear, together with one allocated parking space. To the rear is a north-east facing three-tier garden, complemented by patio slabs and areas of real grass, providing useful outdoor space for the occupants.

Located within close proximity to the University of South Wales, the property is well positioned for the student and professional rental market, whilst Treforest also benefits from excellent transport links with Treforest railway station and easy access to Pontypridd town centre and the wider South Wales road network.

This is an excellent opportunity to acquire a four double bedroom HMO in an established rental location, with professional working tenants already in situ, an established rental income and the significant benefit of no onward chain.

Early viewing is highly recommended.

Tenure: Freehold
Council Tax Band: C
EPC Rating: D (Potential B)

Entrance Hallway:
Accessed via UPVC double glazed front door. Tiled and laminate flooring. Skimmed walls. Stipple artex ceiling. Two ceiling lights. Wall mounted radiator. Fuse box and electric meter. Staircase to first floor. Doors leading through to living room, bedroom one and kitchen/diner.

Living Room:
UPVC double glazed window to front. Continuation of laminate flooring from entrance hallway. Skimmed walls and ceiling. Single pendant ceiling light. Wall mounted radiator. Gas meter.

Bedroom One:
UPVC double glazed window to rear. Continuation of laminate flooring from entrance hallway. Skimmed walls and ceiling. Single pendant ceiling light. Wall mounted radiator.

Kitchen/Diner:
UPVC double glazed door to side leading to rear garden. UPVC double glazed window to side. Tiled flooring. Skimmed and tiled walls. Stipple artex ceiling. Single ceiling strip light. Wall mounted radiator. Modern white wall and base units. Laminate worktops. Stainless steel sink. Space for fridge/freezer, freestanding cooker and tumble dryer. Extractor fan. Opening into utility room.

Utility Room:
UPVC double glazed window to rear. Continuation of tiled flooring from kitchen/diner. Skimmed walls. Stipple artex ceiling. Single ceiling light. Space for washing machine. Door leading through to downstairs shower room.

Downstairs Shower Room:
UPVC double glazed window to rear. Continuation of tiled flooring from utility room. Skimmed, tiled and splashback walls. Stipple artex ceiling. Single ceiling light. Wall mounted radiator. Electric corner shower. Low level WC. Wash hand basin. Extractor fan.

Landing:
Continuation of carpeted flooring from staircase. Skimmed walls. Stipple artex ceiling. Single pendant ceiling light. Wall mounted radiator. Loft hatch. Doors leading through to all first floor rooms.

Bedroom Two:
UPVC double glazed window to side elevation. Continuation of carpeted flooring from landing. Skimmed walls. Stipple artex ceiling. Single pendant ceiling light. Wall mounted radiator.

Bedroom Three:
UPVC double glazed window to rear elevation. Continuation of carpeted flooring from landing. Skimmed walls. Stipple artex ceiling. Single pendant ceiling light. Wall mounted radiator.

Bedroom Four:
UPVC double glazed window to front elevation. Continuation of carpeted flooring from landing. Skimmed walls. Stipple artex ceiling. Single pendant ceiling light. Wall mounted radiator.

Shower Room:
UPVC double glazed window to front elevation. Lino flooring. Skimmed and splashback walls. Skimmed ceiling. Single ceiling light. Wall mounted radiator. Electric corner shower. Low level WC. Wash hand basin. Extractor fan.

Outside:
On-street parking to the side and rear with one allocated parking space. North-east facing, three tier rear garden space complemented by patio slabs and real grass. Featheredge fencing. Rear access.

Directions:
From our office at 1 Church St, Pontypridd CF37 2TH, head south on Gelliwastad Rd/A4223 towards Upper Church St, continue to follow A4223, turn left onto Mill St/A4058, slight left onto Sardis Rd/A4058, turn right onto Broadway/B4595, continue straight onto Broadway, at Glyntaff Interchange, take the 3rd exit onto Cardiff Rd/A4054, destination will be on the left.