Tag Archives: student accommodation

Discover Your Dream Studio: Bills Included on North Road, Cardiff

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Introduction:

Are you a professional seeking the perfect studio room in Cardiff? Look no further! We’re thrilled to introduce our stunning studio located on North Road, Cardiff, where convenience meets comfort. Whether you’re a healthcare worker at the University Hospital Wales, a student, or simply someone seeking a convenient and cozy living space, our North Road studio has you covered.

In this blog post, we’ll take you on a virtual tour of this fantastic space, highlight its exceptional features, and explain why it’s the ideal choice for professionals like you.

The Perfect Location:

Our North Road studio boasts an unbeatable location. It’s just a 5-minute walk from the University Hospital Wales, making it a superb choice for healthcare professionals and students. Additionally, with easy access to major routes like the M4, A48, and A470, you’ll enjoy seamless commuting.

Not to mention, there are bus stops right outside the studio with direct links to Cardiff City Centre, putting entertainment, dining, and shopping options at your doorstep.

A Sneak Peek Inside:

Let’s step inside and explore what makes our North Road studio so special.

Bed/Sitting Area: A comfortable and spacious living area that’s perfect for relaxation, study, and a good night’s sleep.

Kitchenette: Your very own kitchenette, equipped with the essentials for preparing meals and snacks.

Shower Room: A private and modern shower room, ensuring your comfort and convenience.

All Bills Included:

One of the standout features of our North Road studio is that all bills are included in the monthly rent of £675 per calendar month. No more worrying about utility bills piling up; it’s all taken care of. This simplicity allows you to focus on what matters most to you.

Photo Carousel and 360-Degree Views:

To give you a better sense of what awaits you, here’s a photo carousel showcasing our North Road studio. You can even explore it in detail with 360-degree views of the bed/sitting area, kitchenette, and shower room.

360 Degree rooms views will be available shortly

Your Next Step:

Ready to take the next step towards calling this fantastic studio your new home? It’s easy! Simply complete our registration form to arrange a viewing. Don’t miss this opportunity to experience the perfect blend of convenience, comfort, and affordability in the heart of Cardiff.

Conclusion:

Your dream studio with bills included awaits you on North Road, Cardiff. With its prime location, modern amenities, and affordability, it’s a choice that makes sense for professionals like you. Don’t wait—schedule your viewing today and take the first step toward making this studio your own. We look forward to welcoming you to your new home!

*** Shorter stays will be considered but at the discretion of individual
landlords and considered on a case-by-case basis.  Stays shorter than 6
months will be charged at a higher rate then the advertised amount, which is
for a 6-month tenancy ***

*** Tenants who do not provide
all of the required information required for
referencing or score a TransUnion Gauge score of 560 or less via credit
referencing will be required to provide a financial bond, a home owner
guarantor or pay a premium on the advertised monthly rent.  This will be
assessed on a case-by-case basis and the subject to individual applicant’s
circumstances ***

***Bedding and accessories show
in the advertised photos are not included in
the listed rental price.  These items can be purchased separately, or an
additional surcharge can be added to the advertised monthly rent***

Landlords lure Students with iPads & More

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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

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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