Clare Street, Cardiff
AL

Clare Street, Cardiff

By Allen & Harris

£ 480,000

Reviews

2 out of 5 stars

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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Leaflet © OpenStreetMap contributors

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 %
from 255,786.00 £
Est sale value
404,400.00 £
Increased by 24.35 %
from 325,200.00 £
Average area rental value
1,265.00 £/mo
Increased by 15.53 %
from 1,095.00 £/mo
Est letting value
1,200.00 £/mo
Unchanged by 0.00 %
from 1,200.00 £/mo
Est rental Yield
5.83 %
Increased by 13.42 %
from 5.14 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Allen & Harris created the listing.

Nearby Schools

NameTypeOfstedDistance
St Patrick'S R.C. Primary SchoolWelsh Establishment0.84 KM
Ninian Park Primary SchoolWelsh Establishment1.15 KM
Kitchener Primary SchoolWelsh Establishment1.30 KM
St Mary'S R.C. Primary SchoolWelsh Establishment1.31 KM
Grange Town PrimaryWelsh Establishment1.43 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Clare Place £ 325,00000.00 KM
Despenser Place £ 250,00000.00 KM
Gloucester Street £ 195,00000.00 KM
Brook Street £ 282,49200.00 KM
Brunel Street £ 236,25000.00 KM

Nearby Transport

NameNLCTLCDistance
Cardiff Central3899CDF1.03 KM
Grangetown (Cardiff)3839GTN1.12 KM
Ninian Park3895NNP1.47 KM
Cathays3820CYS1.65 KM
Cardiff Queen Street3900CDQ2.08 KM

Nearby Listings

AddressPriceTypeScoreDistance
Clare Street, Cardiff £ 480,000BUY5 / 100.00 KM
Clare Street, Cardiff £ 70,000BUY5 / 100.09 KM
Clare Gardens, Riverside £ 600,000BUYUnknown0.09 KM
Despenser Gardens, Cardiff £ 385,000BUYUnknown0.10 KM
Flat 1, 30 Brook Street, Cardiff £ 160,000BUYUnknown0.24 KM

Nearby Properties

AddressPriceDistance
40 Gloucester Street £ 160,0000.07 KM
24b Gloucester Street £ 115,0000.07 KM
26c Gloucester Street £ 110,0000.07 KM
18 Gloucester Street £ 165,0000.07 KM
12 Clare Street £ 179,9500.09 KM