We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts workSemi-detached house · CF24 1RD
Listing removedListed 68 daysAuction 15 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY PUBLIC AUCTION: The auction will take place online on 15th September 2026 at 05:00 PM with registration through our website.
A large commercial premises to the rear of a resident street in Splott, which has been operating as a mechanics for a number of years, to be sold with vacant possession.
Description A large commercial premises to the rear of a resident street in Splott, which has been operating as a mechanics for a number of years, to be sold with vacant possession.
The building is accessed by a lane to the side of the neighboring house, via a secure gate, inside there is a large workshop space, office, W/C and to the first floor there is storage.
The building construction appears to be a mixture of stone and brick with a metal roof, electric garage door to front.
Pearl Street is a primarily residential street, however is just off of Broadway and Newport Road which have an array of commercial businesses operating.
Please refer to the legal pack, when available, for further details.
Accommodation GF - Workshop, office, W/C FF - Storage Informed freehold please refer to legal pack for verification of tenure Tenancies Informed to be sold with vacant possession Additional Fees Buyer’s Premium – 1.5% with a minimum of 1,500.00 (inc of VAT) payable on exchange of contracts.
Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion. Each property sold is subject to a Reserve Price.
The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price.
The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.
Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Further Information Auctioneers Office, Seel Auctions Viewing Viewing by appointment with Seel Auctions
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 197A Pearl Street, Cardiff, CF24 1RD
Explore nearby