Cardiff Student Property Hard to Let?

Are you a landlord in Cardiff with a student property?

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Is the trend for purpose built student accommodation in Cardiff impacting on your business?

 

 

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Is your Cardiff property left empty at the beginning of the academic year?

 

 

 

 

 

If the answer is 

 

YES

then we can defiantly provide solutions to your problems

There is always more than one way to “skin a cat” and as experienced landlords and property investors we can provide a number of solutions to get your Cardiff student property, let and generating a positive cash flow.

If you are looking for solutions to your Cardiff student property problems please complete the contact form below to receive a call from one of our experienced property investors and management team.

Cardiff Professional House Share, Llanishen Street CF14 Bills & WiFi Included

Cardiff Professional House Share in Llanishen Street. Modern kopen plan kitchen/living area

 

RENT REDUCED IN MAY 2019 WHEN YOU SIGN A 6 MONTH TENANCY!

NO REFERENCING OR ADMINISTRATION FEES!

COSTS SUBTRACTED FROM FIRST MONTHS RENT

Rooms in Cardiff is pleased to offer this a modern Professional House Share, located on LLanishen Street, CF14. This professional house share  was fully refurbished in 2013 and comprises of 2 large double rooms with en-suite bathrooms and 4 double rooms.

 

housemates can take advantage of modern open plan kitchen/living area with French doors opening onto the garden, wall mounted LCD TV, dishwasher, double height fridge and separate freezer and a separate utility room containing a washer/dryer.

This Cardiff professional house share has had complete rewire, with each room on its own individual electrical circuit, hard wired internet and high speed fibre optic Wi-Fi throughout the house

This Cardiff House of Multiple Occupancy (HMO) was been refurbished to a very high standard and rooms will not be available for long.  All rooms include double beds, large triple wardrobe, hard wired internet, TV point, locks on doors and mains wired smoke alarms.

Property Reference: 19LSCF140307

  • Room 2
  • Newly Decorated
  • New bed. mattress, wardrobe & chest of draws
  • Double ensuite room to rent Cardiff (Own Shower, Wash Basin & WC)
  • located on the ground floor at the front of the property
  • Available Now
  • Rent was £560 pcm now £500 for first 6 months when you move in May 2019
  • Rent includes all bills, Wi-Fi & hard wired internet & cleaner
  • Room includes 4′ bed, mattress, chest of draws, TV aerial & hard-wired internet
  • 360 Degree Room Tour & Photos coming soon

 

  • Room 3

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  • Double Room (THIS IS NOT AN ENSUITE ROOM)
  • located on the 1st floor of the property in the annex overlooking the garden
  • SORRY THIS ROOM IS TAKEN
  • Rent £430 per calendar month
  • Rent includes all bills, Wi-Fi & hard wired internet
  • Room includes 4′ bed, mattress, chest of draws, TV aerial & hard wired internet

  • Room 4
  • Double Room
  • located on the 1st floor at the rear of the property
  • AVAILABLE NOW
  • Rent was £420 pcm now £390 pcm for first 6 months when you move in May 2019
  • Rent includes all bills, Wi-Fi
  • Room includes 4′ bed, mattress, chest of draws, TV aerial & hard wired internet
  • Room 4 360 Degree Tour

 

  • Room 5
  • Double Room
  • located on the 1st floor at the front of the property
  • AVAILABLE NOW
  • Rent  was £400 now £370 pcm for first 6 months when you move in May 2019
  • Rent includes all bills, Wi-Fi
  • Room includes 4′ bed, mattress, chest of draws, TV aerial & hard wired internet
  • Room 5 360 Degree Tour

  • Room 6
  • Double Room
  • located on the 1st floor at the front of the property
  • SORRY THIS ROOM HAS BEEN TAKEN
  • Rent from £425 per calendar month  
  • Rent includes all bills, Wi-Fi
  • Room includes 4′ bed, mattress, chest of draws, TV aerial & hard wired internet
  • 360 Degree Room Tour: Room 6

  • Google Maps: http://goo.gl/maps/ULy7i
  • Number Rooms: 6
  • Shower/Bathrooms: 4
  • WCs: 4
  • 2 ensuite rooms to rent in Cardiff
  • Tenants: Professional
  • Male Tenants: 1
  • Female Tenants: 3
  • Parking: Yes, off street
  • Garden: Yes
  • Bike storage: Yes
  • Bills Included: Yes

What’s Local?

  • Got Beef
  • Society Standard
  • Sainsbury’s Local
  • COOP
  • Tesco Local
  • Tesco Extra
  • North Star Pub
  • The Heath Pub
  • Roath Park
  • Numerous bars, restaurants & takeaways

 Transport Links

  • Close to A48, A470 & M4
  • 15-20 minute walk to Cardiff City Centre
  • Numerous buses in to Cardiff City Centre via Whitchurch Road & North Road

 Local Employers

  • University Hospital Wales (UHW)
  • Companies House
  • BBC Llandaff
  • Cardiff Metropolitan University (LLandaff)
  • Welsh College of Music & Drama
  • Cardiff University
  • Welsh Governmen

Housemates

  • 3 Female & 2 Male
  • Ages Mid 20s-30s

Occupations

  • Radiology
  • Hospitality
  • Civil Servant
  • Finance
  • Law

To arrange a viewing please complete the contact form below to receive a call from one of our team.

*** Each tenant will be required to undergo Credit Referencing, Landlord Referencing, Employment Referencing. A non-refundable fee of £200 will be required to hold your required room and used to pay for referencing a break down of the costs involved can be found here Referencing Costs Breakdown.***

Cardiff House Share, North Road, CF14 Bills & WiFi Included

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Rooms to Rent in Cardiff Bills Included

Rooms in Cardiff has a double room available in a Cardiff house share on North Road, CF14 3BJ.  This House of Multiple Occupancy (HMO) was refurbished in June 2012 and has a large kitchen including 2 fridge freezers, dish washer and washer/dryer, 2 shower rooms and 2 separate WC’s.

Rooms consists of a king-size bed, triple wardrobe, chest of draws and arm chair. If you are looking for space this property will not disappoint!

Property Reference: 168NRCF141407

  • SORRY ALL ROOMS HAVE BEEN TAKEN
  • DSS, LHA  & Housing Benefit Accepted
  • Monthly Rent includes all bills & WiFi
  • Tenants only pay electric usage for individual rooms
  • Bond or Bond Certificate
  • Rooms Available: 1
  • Room Type: Double
  • Shower/Bathrooms: 2
  • WCs: 2
  • Parking: Yes
  • Garden: Yes

What’s Local?

  • Sainsbury’s Local
  • COOP
  • Tesco Local
  • Tesco Extra
  • North Star Pub
  • The Heath Pub
  • Roath park
  • Numerous restaurants & takeaways

 Transport Links

  • Close to A48, A470 & M4
  • 15-20 minute walk to Cardiff City Centre
  • Numerous buses in to Cardiff City Centre via Whitchurch Road & North Road

 Local Employers

  • University Hospital Wales (UHW)
  • Companies House
  • BBC Llandaff
  • Cardiff Metropolitan University (LLandaff)
  • Welsh College of Music & Drama
  • Cardiff University
  • Welsh Government

To arrange a viewing please complete the Tenant Registration from below.

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North Road, Cardiff, outside view

Landlords lure Students with iPads & More

Yesterday a post appeared on Property Tribes “London landlords lure students with iPads as university fees bite”.  The article was first published by Reuters news agency highlighting the incentives London landlords are offering to attract student tenants as student numbers are dropping in the capital due to introduction of university fees and tighter restrictions being imposed on the number of non-EU being able to obtain a Student Visa.

Student accommodation as always be looked upon as a safe property investment with excellent annual returns but is student housing reputation looking a lot more shaky?

The problem isn’t just affecting small landlords it’s proving problematic for corporate organisations too.  Irish owned O’Flynn Group, Carlyle Group’s Pure Student Living and Quintain Estates are among developers who have struggled to fill student rooms in London this year after the British government tripled maximum university fees to 9,000 pounds ($14,400), triggering a 12 per cent fall in numbers from Britain and the EU.

Investment in student housing has risen from 350 million pounds in 2009 to some two billion pounds in the first nine months of 2012, data from CBRE Group showed. Investors are attracted by high occupancy rates and stable income streams.

Read the full article from Reuters >>> here.

Back in September Rooms in Cardiff published a post titled “Cardiff Student Housing or Professional House Share?” which highlighted the fall in student numbers across the UK, Wales and Cardiff with the aim of providing an alternative use for large family houses, Multi Let property and House of Multiple Occupation (HMO) in the Welsh capital.

The aim of the post was to draw landlord’s attention to professional house share a real alternative to Cardiff Student housing.  There is huge demand for professional house share in Cardiff as well as fantastic annual returns as professional tenants require your House of Multiple Occupancy (HMO) 12 months of the year.

As a landlord and owner of a House of Multiple Occupancy (HMO) in Cardiff you are ideally placed to utilise your property more efficiently and take advantage of the growing professional house share market.  So if you are interested in moving away from Cardiff Student housing have Rooms to Rent in Cardiff why not contact Rooms in Cardiff to discuss how we can help you find professional tenants for your professional house share with our low cost, fixed price £120 tenant finder service.

We can also provide landlords with a complete HMO Rent Guarantee scheme taking the complete hassle out of HMO and Multi Let management, with no void periods, no set up fees and no maintenance costs; we can provide a guaranteed rental income for a 12 month plus period.

Contact Rooms in Cardiff on 0845 496 0000 or email info@webletz.coc.uk to discuss how you can diversify into the professional house share market in Cardiff and across South Wales.

HMO Cardiff For Sale

Earlier this month we wrote a blog post titled “Cardiff Student Housing or Professional House Share?” which discussed the fall in student numbers for the current academic year and the number of empty HMO and Multi Let properties available for rent and for sale across the Cathays, Gabalfa and Heath areas of Cardiff and whether landlords should be diversifying and looking at the professional house share market.

Well today I am writing about the current valuation of HMO and Multi Let properties in Cardiff after being contacted by a Cardiff estate agent with an all too familiar story.

Here is the situation the landlord has always provided Cardiff Student Housing in Cathays and Heath areas of Cardiff and I am sure they have done very well over the years but now the Cardiff student housing market is changing as large corporates are providing housing, such as Student Castle, student numbers have dropped and the student accommodation is not filled.

What Are The Landlords Options?

Well there are four main options:

  1. The landlord can rent the whole house to a family
  2. The landlord can look to continue down the multi let route and provide a professional house share
  3. Contact a specialist HMO Rent Guarantee provider
  4. Sell the property

Sounds straight forward, but many of the properties for sale and to let geared towards the Cardiff Student Housing market need a large amount of investment to bring them to a standard required for options 1,2 and 3, so the only option is to sell!

Option 4: For Sale

This sounds a logical option for the landlord who may not wish to spend £20-30k on their property so a “For Sale” board is put in the front of the house.  A few viewings later and an offer is accepted the landlord has the price he wants, but it’s not that simple.

These HMO and Multi Let properties which are geared for the Cardiff Student Housing market are often set up with locks on doors so straight away you can no longer arrange a standard BTL mortgage the buyer will have to look at a specialist HMO mortgage or commercial finance which is considerably more expensive to arrange than you high street BTL.

Secondly even if locks aren’t on internal doors and there is no whiff that the property is set out as a HMO or Multi Let the rental income versus interest only mortgage payments will no stack up unless a hefty deposit is put down which is also required for HMO and commercial finance as often the property is overvalued in today’s market.

So that’s why I am hearing the same story over and over from Cardiff estate agents, the vendor agreed a sale price but the deal has fallen through as the purchaser cannot raise the required finance.

So as we pass Fresher’s Week and all students are settled for the 2012-13 academic year how many HMO and multi lets will be left untenanted and let standing for sale? Quite a few as many need £10-30K being spent on them.

What’s The Outlook?

If you are looking to sell your Cardiff student housing and it requires substantial work you are probably going to have to be prepared to lower your expectations when looking for a sale as often a deposit of £50K is needed and hefty fees are incurred when raising HMO or commercial finance.

Rooms in Cardiff is the place to go for those looking to house share in Cardiff and further afield in South Wales. Whether you are looking for Cardiff student housing or a professional house share, Rooms in Cardiff is your number one resource for private landlord lettings, house of multiple occupation (HMO), multi let property and to find your next housemate.

You can contact Rooms in Cardiff via email info@webletz.co.uk

Telephone 0845 496 0000

Cardiff Student Housing or Professional House Share?

With UCAS reporting student numbers down almost 9% on this time last year is Cardiff student housing still a safe bet for landlords with HMO’s and multi let property or should they be broadening their horizons and looking at an alternative market such as entertaining the idea of a professional house share.

You only have to look on Rightmove or Zoopla and it’s all too evident that there are a large number HMO and multi let property listed for sale and for rent, properties stood empty, deteriorating and more than likely missed the bulk of the Cardiff student housing market.

It is estimated that 1.5 million more young people aged between the ages of 18-30 will be looking to the private rental sector by 2020 to provide a roof over their heads, so is now a good time to switch from Cardiff student housing and consider maximising rental income via a professional house share?

It seems to make sense as Cardiff student housing may see a continued contraction in the short term, but the opposite can be said for the growing professional house share market which looks to continue its growth trend.  Another big plus of the professional house share market is full rental income for a 12 month period which is not always the case with Cardiff student housing.

If you are a landlord with a HMO or multi let and would like to discuss your options feel free to email info@webletz.co.uk or contact us via telephone on 0845 496 0000.

Rooms in Cardiff is a specialist provider of landlord services in the HMO and multi let sector. If you have Rooms to rent in Cardiff then why not try our fixed price HMO tenant finder £120 (NO TENANT NO FEE) or our £30.00 Property Listing service or find out about HMO Rent Guarantee service.