Bedford Street, Cardiff, CF24 3BZ

Turnkey Freehold Investment in the Heart of Roath Harry Harper Sales & Lettings are delighted to present this exceptional freehold investment opportunity on Bedford Street, Roath — a fully let block of four self-contained apartments generating an annual rental income in excess of £43,040 per annum. Positioned in one of Cardiff’s strongest rental locations, this recently converted building offers investors an immediate income-producing asset with an attractive gross yield of approximately 8.7%, making it an ideal addition to both established and growing property portfolios. The building has been thoughtfully configured to provide a mix of one-bedroom and two-bedroom accommodation, appealing to a wide tenant demographic including young professionals, postgraduate students and city centre workers. Each apartment has been modernised to a contemporary standard and benefits from independent utility supplies, helping simplify management and tenant accountability. This is a genuine turnkey investment opportunity where the hard work has already been done. A Prime Roath Location Bedford Street enjoys a highly desirable position within Roath, one of Cardiff’s most consistently popular rental areas. The location places tenants within easy reach of Cardiff city centre, Cardiff University, the University Hospital of Wales and an excellent range of local amenities. Albany Road, City Road and Wellfield Road are all nearby, offering a huge selection of cafés, restaurants, independent retailers, supermarkets and everyday conveniences. The area is exceptionally well connected with regular public transport links and excellent access into the city centre. Demand for quality rental accommodation within Roath continues to remain strong year after year, particularly for modern apartments offering low-maintenance living close to the city. For investors, the location offers confidence in long-term tenant demand and continued rental resilience. Fully Let and Producing Immediate Income The property is fully occupied and currently producing a combined rental income exceeding £42,600 per annum, creating a strong and reliable income stream from completion. The mix of apartment sizes provides diversification within the investment itself, helping attract a broader tenant base while reducing void risk. With separate utility supplies already in place for each apartment, the building has been configured with practical day-to-day management in mind. This setup also offers clarity for tenants and ease for landlords overseeing the property. The building additionally benefits from a sprinkler system installation, an increasingly important feature for investors seeking reassurance and modern compliance considerations within multi-occupancy buildings. Flat 1 – Ground Floor Front Apartment Flat 1 is a well-presented one-bedroom apartment located on the ground floor. The accommodation comprises a bright open-plan kitchen and living area with modern fitted units and integrated appliances, creating a practical and inviting living environment. The double bedroom is generously proportioned and complemented by a contemporary shower room finished in neutral tones. One of the standout features of this apartment is direct access to the rear garden area, providing valuable outdoor space rarely found in apartments of this style and price range. The apartment is currently let at £875 PCM. Flat 2 – Ground Floor Rear Apartment Flat 2 is another spacious ground floor one-bedroom apartment offering excellent proportions throughout. The property benefits from a separate kitchen arrangement alongside a comfortable living space and modern shower room. The bedroom provides ample room for double occupancy, making the apartment highly attractive to professional tenants. Like Flat 1, this apartment also enjoys access to the rear garden, adding to its tenant appeal and overall rental desirability. The apartment is currently let at £725 PCM. Flat 3 – First Floor Rear Apartment Situated on the first floor, Flat 3 offers modern open-plan living with a spacious kitchen/lounge arrangement and a well-sized double bedroom. The apartment has been finished in a contemporary style with neutral décor, modern flooring and a stylish shower room, helping create broad appeal across the rental market. The layout works particularly well for young professionals seeking convenient, low-maintenance accommodation close to the city centre and university campuses. Flat 3 is currently let at £850 PCM. Flat 4 – Duplex Apartment Occupying the upper floors of the building, Flat 4 is a spacious duplex apartment arranged over two levels. The first floor features a generous open-plan kitchen and living space with modern fittings and excellent natural light. Stairs lead to the upper floor where two bedrooms and a contemporary shower room are located. The duplex design helps create a more traditional house-like feel, making this apartment especially attractive to sharers, couples working from home or tenants wanting additional space. Flat 4 is currently let at £1,100 PCM. Modern Specification Throughout The apartments have been upgraded and modernised to provide durable, attractive and low-maintenance accommodation suitable for the demands of today’s rental market. Features throughout the building include: Modern fitted kitchens

Contemporary shower rooms

Neutral décor

Modern flooring

Spot lighting

Double glazing

Separate utility supplies

Sprinkler system installation

The overall presentation allows a new owner to continue generating income immediately without the need for major refurbishment or capital expenditure. Strong Investment Fundamentals Properties offering immediate income, modern condition and strong yields in central Cardiff locations continue to attract significant investor interest. This building combines several important investment fundamentals: Fully occupied accommodation

Established rental income

Strong gross yield

High-demand location

Low-maintenance finish

Separate utilities

Freehold ownership

Diversified apartment mix

Roath consistently performs well within Cardiff’s rental market due to its proximity to major employers, universities and the city centre itself. The area’s popularity among tenants helps support long-term occupancy levels and future rental growth potential. For investors seeking a straightforward acquisition capable of delivering income from day one, this opportunity represents an increasingly rare addition to the market. Accommodation Summary Flat 1

One-bedroom ground floor apartment

Open-plan kitchen/living area

Modern shower room

Rear garden access

Let at £875 PCM

Flat 2

One-bedroom ground floor apartment

Separate kitchen arrangement

Modern shower room

Rear garden access

Let at £725 PCM

Flat 3

One-bedroom first floor apartment

Open-plan kitchen/lounge

Contemporary shower room

Let at £850 PCM

Flat 4

Two-bedroom duplex apartment

Open-plan kitchen/living space

Two upper floor bedrooms

Modern shower room

Let at £1,100 PCM

An Excellent Addition to Any Portfolio Whether you are an experienced landlord looking to expand your Cardiff portfolio or an investor seeking a high-yield, income-producing asset in a proven rental location, Bedford Street offers a compelling opportunity. The combination of immediate income, modern accommodation, freehold ownership and strong tenant demand makes this a standout investment in today’s market. Early enquiries are strongly encouraged.

EPC Rating: D Agency Registration Number: 15166742