Glebe Street, Penarth
PE

Glebe Street, Penarth

By Peter Alan

£ 190,000

Reviews

2 out of 5 stars

Peter Alan says ..

PRIVATE ROOF TOP SUN TERRACE - IDEAL INVESTMENT - Approx. £975 pcm. Yield approx. 6.5%.

Property Oracle says ..

This two-bedroom property in Penarth, located on Glebe Street, presents a mixed bag of advantages and disadvantages. The property has clearly benefitted from what looks like a recent refurbishment, evidenced by the modern kitchen and bathroom. These are presented well, creating a contemporary feel. However, the interior photos also show that the property is unfurnished and presented as more of a blank canvas. The bedrooms appear smaller than average. While the property is near local schools, transportation links, and Penarth town centre, Glebe Street itself may be viewed as less desirable than other locations within Penarth. This property does feature a private rooftop terrace, an attractive feature adding extra living space which is uncommon for the area. The absence of a traditional garden is a notable drawback, particularly for families or those desiring more ample outdoor space. Overall, the property’s pricing appears in line with other comparable properties on Glebe Street, though buyers should carefully weigh the limited land size and relatively small overall area against the advantages of location and recent renovation. This makes it a good investment opportunity for rental income, based on the several similar properties nearby already acting as successful rentals. The property appears ideal for a first-time buyer or someone looking for a property which is low maintenance and is ready to move into.

Therefore, we give this property 5 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

Price
7
Condition
6
Location
7
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
700.00

Metrics

Area value Growth
71,897
Increased by 12%
from 70,946
Rental Yield Growth
24.57%
Decreased by 4.05%
from 28.62%

Agent Activity

  • Peter Alan created the listing.

Nearby Schools

NameTypeOfstedDistance
Albert C.P. SchoolWelsh Establishment0.31 KM
Bute Cottage Nursery SchoolWelsh Establishment0.57 KM
Westbourne SchoolsWelsh Establishment0.63 KM
Victoria Primary SchoolWelsh Establishment0.84 KM
Headlands SchoolWelsh Establishment0.90 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Victoria Road £ 240,00000.00 KM
Anchor Road £ 384,50000.00 KM
Railway Walk £ 000.00 KM
Bridgeman Road £ 1,166,25000.00 KM
River View £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Dingle Road3861DGL0.65 KM
Penarth3863PEN0.72 KM
Cogan3828CGN1.59 KM
Cardiff Bay3815CDB2.92 KM
Grangetown (Cardiff)3839GTN3.23 KM

Nearby Listings

AddressPriceScoreDistance
Glebe Street, Penarth £ 170,0005 / 100.00 KM
Glebe Street, Penarth £ 190,0005 / 100.00 KM
Glebe Street, Penarth £ 190,0005 / 100.00 KM
Glebe Street, Penarth £ 180,0005 / 100.00 KM
Glebe Street, Penarth £ 180,0006 / 100.00 KM

Nearby Properties

AddressPriceDistance
56 Glebe Street £ 217,5000.00 KM
67 Glebe Street £ 130,0000.00 KM
65 Glebe Street £ 286,7500.00 KM
2 Queens Road £ 130,0000.07 KM
5 Queens Road £ 255,0000.07 KM