MGY says ..

Property Oracle says ..

This property on Clive Street in Grangetown, Cardiff, presents itself as a multi-unit investment opportunity. The listing describes the property as having been converted into four apartments and an office space. This conversion is significant in terms of potential rental income, but also significantly affects the property’s overall value compared to typical residential houses in the area.

The exterior of the property appears to be reasonably well-maintained, although some age is evident. A comprehensive inspection would be necessary to assess the condition of the building and the individual apartments. The lack of information on the property’s square footage makes it impossible to give an accurate comparison to other nearby properties.

Grangetown’s location offers convenient access to Cardiff Central station and several primary schools, making it suitable for investors targeting families or commuters. However, location preference is subjective, with some buyers valuing proximity to more central, higher-amenity areas of Cardiff more highly.

The asking price of £310,000 seems high for a single house in the area but is likely justifiable considering its setup as a multi-unit property offering a higher investment potential. However, a thorough due diligence is essential to assess the overall value and compare it with similar investment opportunities in the local market.

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

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