19 Richards Street

A rare opportunity to acquire a high-yielding, fully licensed 9-bedroom HMO in the heart of Cathays, Cardiff’s most sought-after student rental area. This substantial three-storey property is already let for the 2025/26 academic year at £575 per room, generating a gross annual income of £62,100.

📍 Location Highlights

• Located on Richards Street, moments from Cardiff University, the SU, and Cathays train station

• Strong tenant demand with consistent full occupancy across academic years

• Walking distance to city centre, major bus routes, and all student amenities

🏠 Property Summary

• 9 spacious double bedrooms, fully furnished

• 3 modern bathrooms

• Open-plan kitchen/lounge with sociable layout

• Fully compliant HMO with licensing and fire regs in place

• Low-maintenance, modern interiors – ideal turnkey investment

💷 Investment Summary

• Rental Income: £575pcm per room = £5,175pcm / £62,100pa

• Let until June 2026 – immediate income stream from day one

• Council Tax Band: F (typically student exempt)

• EPC Rating:

• Fully managed option available

✅ Key Investment Benefits

• Excellent yield and cash flow potential in Cardiff’s busiest student district

• No void period – let and income-producing from completion

• Ideal long-term buy-to-let asset or portfolio addition

• Capital growth potential in an area with consistent demand