House For Sale Flaxland Avenue, Cardiff | NEXA Properties
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Sold STC

Mid Terraced House, Flaxland Avenue

Asking Price Of £850,000
14Beds
6Baths
Office: NEXA Cardiff
Property ID: 103590001093

Description

An excellent investment opportunity has arisen to purchase three freehold double bay fronted houses next to one another moments from Heath hospital. The property consists of two five bedroom HMO’s, and a four bedroom, offering excellent sized rooms with potential to extend further (STPP). Set over two floors the accommodation comprises of a wide receiving hallway, large reception to the ground floor front with kitchen/breakfast room to the rear. The properties benefit further from two bathrooms, three bedrooms to the first floor and all attics converted, with private rear gardens that are currently into one. Flaxland Avenue has huge potential for an investor looking to add value, or facilitate into a portfolio offering off street parking for up to six cars to the rear. The property had planning to build garages to the rear and could be instigated again via the council. The three houses are part rented currently and can be bought vacant possession if required. Current rents are circa £300 a room, however theses rent can be significantly increased after an extensive refurbishment. Two of the properties have HMO’s that have expired, and are awaiting renewal with the council. There is a scarcity of investment opportunity with such potential and earlier viewings are encouraged. Please contact Oliver 0n 07815 648769 or email oliver@nexacardiff.com

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house for sale flaxland avenue
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Description

An excellent investment opportunity has arisen to purchase three freehold double bay fronted houses next to one another moments from Heath hospital. The property consists of two five bedroom HMO’s, and a four bedroom, offering excellent sized rooms with potential to extend further (STPP). Set over two floors the accommodation comprises of a wide receiving hallway, large reception to the ground floor front with kitchen/breakfast room to the rear. The properties benefit further from two bathrooms, three bedrooms to the first floor and all attics converted, with private rear gardens that are currently into one. Flaxland Avenue has huge potential for an investor looking to add value, or facilitate into a portfolio offering off street parking for up to six cars to the rear. The property had planning to build garages to the rear and could be instigated again via the council. The three houses are part rented currently and can be bought vacant possession if required. Current rents are circa £300 a room, however theses rent can be significantly increased after an extensive refurbishment. Two of the properties have HMO’s that have expired, and are awaiting renewal with the council. There is a scarcity of investment opportunity with such potential and earlier viewings are encouraged. Please contact Oliver 0n 07815 648769 or email oliver@nexacardiff.com

Additional Features

  • - THREE MID TERRACED HOUSES
  • - ALLOCATED PARKING TO REAR
  • - FREEHOLD
  • - INVESTMENT PROPERTY
  • - CLOSE TO HEATH HOSPITAL
  • - 14 BEDROOMS
Contact

Agent Information

Oliver Griffiths

Mobile: 07815 648769 Email: oliver@nexacardiff.com
Oliver has joined Nexa Cardiff with over 16 years agency experience in both sales and lettings. Having worked for Jackson Stops in West London Richmond for 8 years, over seeing a high performing office, Oliver moved back to Cardiff in 2018. Oliver brings a wealth of knowledge, contacts and industry recognition, in 2016 Oliver won […]

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