Allen & Harris says ..
INVESTOR HEAVEN! This substantial and well presented three storey HMO property is within close proximity to Cardiff City Centre. An ideal purchase for any shrewd buyer looking to expand their portfolio in this sought after location, producing circa 7.6% gross yield when fully occupied.
Property Oracle says ..
This eight-bedroom property situated on Clare Street in Cardiff’s Riverside area presents itself as a potential investment opportunity. The listing highlights its suitability as a HMO (House of Multiple Occupancy). The property is a three-storey terraced house, and based on the provided photographs, shows a mixture of modern and older features. The kitchen area has recently been upgraded, with modern cabinetry and tiled flooring. However, other areas such as some bathrooms and bedrooms seem to be in a more standard, slightly dated condition. While some rooms appear well-presented, others have simpler furnishing or are even shown under protective covering, suggesting ongoing renovations. The location offers proximity to Cardiff City Centre and several transport links, which represents a positive aspect for potential buyers. However, the lack of detailed information regarding the property’s size (plot size is listed as 0, and square footage is only available as an overall figure), precise condition of all areas and the absent Ofsted reports for nearby schools hampers a complete and precise evaluation. The absence of a garden is also a significant aspect for potential buyers to consider. The price of £480,000 sits within a range of prices for similar properties in the area but requires further investigation before a definitive conclusion on its value can be established. Potential buyers should conduct a thorough inspection to assess the property’s condition and rental potential before making an offer.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 2
- Bedrooms
- 8
- Bathrooms
- 2
- Sqft (est)
- 1,200.00
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The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 260,420.00 £Increased by 1.81 %
- Est sale value
- 404,400.00 £Increased by 24.35 %
- Average area rental value
- 1,265.00 £/moIncreased by 15.53 %
- Est letting value
- 1,200.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.83 %Increased by 13.42 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Allen & Harris created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
St Patrick'S R.C. Primary School | Welsh Establishment | 0.84 KM | |
Ninian Park Primary School | Welsh Establishment | 1.15 KM | |
Kitchener Primary School | Welsh Establishment | 1.30 KM | |
St Mary'S R.C. Primary School | Welsh Establishment | 1.31 KM | |
Grange Town Primary | Welsh Establishment | 1.43 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Clare Place | £ 325,000 | 0 | 0.00 KM |
Despenser Place | £ 250,000 | 0 | 0.00 KM |
Gloucester Street | £ 195,000 | 0 | 0.00 KM |
Brook Street | £ 282,492 | 0 | 0.00 KM |
Brunel Street | £ 236,250 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Cardiff Central | 3899 | CDF | 1.03 KM |
Grangetown (Cardiff) | 3839 | GTN | 1.12 KM |
Ninian Park | 3895 | NNP | 1.47 KM |
Cathays | 3820 | CYS | 1.65 KM |
Cardiff Queen Street | 3900 | CDQ | 2.08 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Clare Street, Cardiff | £ 480,000 | BUY | 5 / 10 | 0.00 KM |
Clare Street, Cardiff | £ 70,000 | BUY | 5 / 10 | 0.09 KM |
Clare Gardens, Riverside | £ 600,000 | BUY | Unknown | 0.09 KM |
Despenser Gardens, Cardiff | £ 385,000 | BUY | Unknown | 0.10 KM |
Flat 1, 30 Brook Street, Cardiff | £ 160,000 | BUY | Unknown | 0.24 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
40 Gloucester Street | £ 160,000 | 0.07 KM |
24b Gloucester Street | £ 115,000 | 0.07 KM |
26c Gloucester Street | £ 110,000 | 0.07 KM |
18 Gloucester Street | £ 165,000 | 0.07 KM |
12 Clare Street | £ 179,950 | 0.09 KM |