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See how verdicts work2-bedroom terraced house · CF24 4JG
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two-bedroom cathays property | planning approved for two flats | £1,300 pcm current rental income | no onward chain A fantastic investment opportunity in the heart of Cathays, ideally positioned for Cardiff University and the many amenities, cafés, shops and facilities that make this such a popular location for students and young professionals.
Currently arranged as a traditional two-bedroom terraced property, the accommodation offers excellent proportions and comprises two generous reception rooms, a fitted kitchen and access to the enclosed rear garden on the ground floor.
To the first floor are two good-sized double bedrooms and a spacious family bathroom.
The property is currently let and producing an income of approximately £1,300 per calendar month, making it an attractive proposition for investors looking for an income-producing property from day one.
Adding significant further potential, planning permission has been approved for the conversion of the property into two self-contained flats, incorporating a ground and first-floor extension together with a dormer loft conversion.
This offers an exciting opportunity for an investor or developer to significantly enhance the property's accommodation and rental potential, subject to the approved planning scheme and all necessary consents.
The existing layout also provides flexibility, with the two reception rooms offering a variety of uses depending on the purchaser's requirements and the approved plans.
Cathays is one of Cardiff's most established and popular investment locations, particularly given its proximity to Cardiff University and the city centre.
A wide range of local amenities are within easy walking distance, while excellent public transport links provide easy access across Cardiff.
Offered for sale with no onward chain, this is an exciting opportunity to acquire an income-producing property with substantial development potential and approved planning for two flats.
Early viewing is highly recommended
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 17, Hirwain Street, Cardiff
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