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Nonia House Cardiff Rd 1,800 sq ft 100% Let Office Property Cardiff CF15 7SR £400,000 (£222.22/sq ft) 11.77% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Within easy access of transport links
- Parking, 3 Residential apartments + 1 Commercial
- Modern, refurbished, traditional build
EXECUTIVE SUMMARY
Great investor opportunity to own a modern conversion consisting of 3 x residential apartments and 1 x commercial unit.
All units are currently occupied with a gross yield of 11.77%. The commercial tenants have very recently renewed their lease for a further 2 years.
Freehold substantial sized two storey detached converted property with outbuildings, private gardens and parking for roughly 11 plus vehicles which includes 2 with the infrastructure to install EV charging points.
All units are currently occupied with a gross yield of 11.77%. The commercial tenants have very recently renewed their lease for a further 2 years.
Freehold substantial sized two storey detached converted property with outbuildings, private gardens and parking for roughly 11 plus vehicles which includes 2 with the infrastructure to install EV charging points.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Subtype
Office / Residential
Property Size
1,800 sq ft
Costar Property Class
C
Year Built
1990
Price
£400,000
Price per sq ft
£222.22
Yield
11.77%
NOI
£47,080
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
1,800 sq ft
Plot ratio
0.13
Total Plot Size
0.32 ac
AMENITIES
- 24 Hour Access
1 1
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Nonia House | Cardiff Rd
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