3-bedroom house · CF64 1HG
Listing removedListed 79 days · slow let
Opportunity summary
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About
A three bedroom mid terraced house situated in the heart of Penarth town centre. Comprises hallway, two reception rooms, kitchen/breakfasting, three bedrooms and large bathroom. Private rear garden.
Gas central heating, uPVC double glazing. Unfurnished. Available early September. Half glazed timber front door to hallway.
Hallway Ceramic floor, large mat well, radiator, useful under stairs cloaks cupboard/storage. Reception Room 1 (396 x 305) 4.04m x 3.15m (13' 3" x 10' 4") uPVC double glazed window to front.
Wooden flooring, open fireplace, two cupboards to either side of chimney breast, one with electric meter the other with gas, coving.
Reception Room 2 (305 x 274) 3.23m x 3.00m (10' 7" x 9' 10") uPVC double glazed window to rear. Wooden flooring, stylish decoration, radiator, coving.
Kitchen (366 x 244) 3.66m x 2.69m (12' x 8' 10") A lovely bright kitchen with uPVC double glazed French doors looking out onto decking and garden, side window providing further natural light.
Classic cream coloured kitchen units with wooden work tops, china double sink with lever mixer tap, space for fridge freezer, washing machine and dishwasher, electric oven and combination microwave oven.
Ceramic tiled floor, space for table and chairs, radiator, recessed lighting. First Floor Landing Loft access, original balustrade, carpet. Two large cupboards.
Bedroom 1 (305 x 244) 3.23m x 2.62m (10' 7" x 8' 7") plus deep fitted wardrobe with double rail and shelving. UPVC double glazed window to rear. Carpet, radiator.
Bedroom 2 (305 x 274) 3.20m x 2.92m (10' 6" x 9' 7") uPVC double glazed window to front. Carpet, radiator. Bedroom 3 (213 x 183) 2.24m x 2.06m (7' 4" x 6' 9") uPVC double glazed window to front.
Carpet, radiator, recess for wardrobe. Bathroom (246 x 244) 2.72m x 2.51m (8' 11" x 8' 3") Comprising white panelled bath, wash basin and wc, tiled shower enclosure with electric shower.
Tiled floor, radiator, recessed lights. UPVC double glazed window. Front Opening directly onto Salop Street. Rear Garden Area of decking and chippings.
Additional Information Re-built boundary walls, re-rendered to rear elevation, all new guttering, facia boards and down pipes.
In addition the front elevation of the property was re-built, new roof and chimney stacks.
Council Tax Band D £2,261.18 (26/27) Post Code CF64 1HG Security Deposit £1,300 Holding Deposit A holding fee of one weeks' rent will be payable to secure the dwelling.
This will be deducted from the final balance payable upon moving into the dwelling, subject to a successful application.
Shepherd Sharpe reserves the right to retain this payment should the applicant have provided false or misleading information at the time of applying for the dwelling or failed to take reasonable steps to enter into the Standard Occupation Contract.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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
FAQ
About 76, Salop Street, Penarth
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