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See how verdicts work4-bedroom terraced house · CF24 3DL
For saleListed 1223 days
Opportunity summary
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About
Hafren Properties are pleased to offer you this investment property comprising a large ground floor commercial unit with garage and three self-contained flats on City Road, Cardiff.
The property is located in an excellent position, within easy walking distance of Cardiff University and the City Centre.
There is a great selection of shops, restaurants, cafes and bars on the doorstep, and there are excellent transport links, close to a regular bus stop and walking distance to the nearest train station.
The property comprises a mixed use building with a very large commercial unit on the ground floor with garage, and three spacious self-contained flats on the 1st and 2nd floors with separate intercom entrance from City Road.
All of the units in the building are let and further details are below.
Ground Floor: Large commercial retail unit with rear stock room and walk-in cold room, kitchen, toilet, and garage with vehicle access from Castle Lane.
The ground floor unit is let under a commercial lease and is currently trading as a Chinese supermarket. The property provides the following approximate areas and dimensions: Shop Floor: 1238 sq. ft.
(115 sq. m.) Kitchen: 73 sq. ft. (6.81 sq. m.) Toilet: 42 sq. ft. (3.88 sq. m.) Storeroom: 360 sq. ft. (33.5 sq. m.) Garage: 452 sq. ft. (42 sq.
m.) EPC Pending Current Rent: £20,000 per annum (£1,666.67 PCM) Flat 1 - Large self-contained one bedroom first floor flat. Lounge/Diner: 344 sq. ft. (32 sq. m.) Kitchen: 87 sq. ft. (8.07 sq.
m.) Bedroom: 132 sq. ft. (12.25 sq. m.) Bathroom: 59.5 sq. ft. (5.53 sq. m.) EPC C Current Rent: £7,020 per annum (£585 PCM) Flat 2 - Large self-contained one bedroom first floor flat.
Lounge/Diner: 323 sq. ft. (30 sq. m.) Kitchen: 86 sq. ft. (8 sq. m.) Bedroom: 116 sq. ft. (10.8 sq. m.) Bathroom: 45 sq. ft. (4.18 sq.
m.) EPC D Current Rent: £6,600 per annum (£550 PCM) Flat 3 - Large self-contained two bedroom second floor flat.
Lounge/Diner Kitchen Bedroom 1 Bedroom 2 Bathroom Flat 3 is very large, covering the whole second floor of the building.
EPC D Current Rent: £6,960 per annum (£580 PCM) All three flats are let on occupation contracts under the Renting Homes (Wales) Act 2016.
All of the current rents are considerably below market rates and could be increased substantially.
If you would like further particulars or to arrange a viewing for this property, please contact our office at 209 Penarth Road, Cardiff.
Value & comps
No previous sales on record.
Returns
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Short-let licence or registration needed
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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
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FAQ
About City Road, Cardiff(City), CF24
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