CPS Homes says ..

Property Oracle says ..

This six-bedroom, two-bathroom terraced house located on Tewkesbury Street in Cathays, Cardiff, is presented for sale at £450,000. The property’s location in Cathays offers advantages. Cathays is a vibrant area with good transport links to Cardiff city centre and Cardiff University, making it an attractive area for both students and young professionals. The close proximity to various amenities like shops and schools adds to its appeal. However, the available data lacks crucial details, making a comprehensive assessment challenging. For instance, the precise square footage of the property itself is missing, preventing the accurate calculation of the price per square foot. This significantly impacts the analysis of whether the asking price of £450,000 is fair or overpriced. The limited plot size is another factor to consider. Images showcase an adequate-sized rear garden, suitable for a small patio area. Inside, the property is presented as reasonably maintained. However, the photos show furnishings and the property is presented as lived-in. This could suggest a need for some refurbishment or cosmetic updates to enhance its presentation and marketability. The property’s status as a potential HMO (House of Multiple Occupancy) is mentioned in one of the nearby listings and would affect value and marketability. Therefore, investors looking for rental income might find the property worthwhile, given the rental income described. For individuals, this would need a more in-depth cost-benefit analysis given the missing key data.

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

Images