CPS Homes says ..

Property Oracle says ..

This three-bedroom terraced house on Rhymney Street, Cathays, Cardiff, is presented as a potential investment opportunity or starter home. The property’s location in Cathays offers proximity to Cardiff University and the city centre, making it appealing to students and young professionals. Public transportation links and schools are also conveniently located nearby.

However, the property’s condition appears to require some work. The interior images reveal a need for modernisation and a thorough clean. The small backyard is a benefit but needs considerable improvement. The absence of plot size data makes a definitive judgement difficult, but the images suggest it to be quite small.

The list price of £230,000 should be considered in light of this and comparable properties in the area. While some nearby properties are listed at significantly higher prices, indicating the potential for investment returns in the area, there are also properties available at lower prices. A prospective buyer must evaluate the necessary renovations, their cost, and the potential rental income or resale value. A thorough survey would be crucial before making an offer to assess the structural integrity and identify any hidden issues affecting the overall property value.

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

Images