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See how verdicts workHouse · CF24 3HE
Sold STCListed 251 days
Opportunity summary
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About
** FULL PLANNING PERMISSION FOR REDEVELOPMENT OF 3.NO TERRACED HOUSES, PLUS EXISTING HOUSE ** We are pleased to offer this development opportunity for sale, with full planning permission to demolish three existing residential/commercial units (currently knocked into one warehouse with office space above), and redevelop the existing terrace property (number 38) to create four new terraced properties which will span over three floors, with dormer into loft.
All will come with their own private gardens. Planning no. 24/01538/FUL.
The site is situated within close walking distance to an array of amenities, restaurants, bars and local transport links in Roath. Further information available on request.
Domestic & Commercial EPC Rating: D EPC Rating: D DESCRIPTION ** FULL PLANNING PERMISSION FOR REDEVELOPMENT OF 3.NO TERRACED HOUSES, PLUS EXISTING HOUSE ** We are pleased to offer this development opportunity for sale, with full planning permission to demolish three existing residential/commercial units (currently knocked into one warehouse with office space above), and redevelop the existing terrace property (number 38) to create four new terraced properties which will span over three floors, with dormer into loft.
All will come with their own private gardens. Planning no. 24/01538/FUL.
The site is situated within close walking distance to an array of amenities, restaurants, bars and local transport links in Roath. Further information available on request.
Domestic & Commercial EPC Rating: D LOCATION Roath is one of Cardiff's most sought-after residential areas, known for its leafy streets, vibrant community and excellent local amenities.
Just a short distance from the city centre, it offers the perfect balance of urban convenience and relaxed neighbourhood living.
Roath Park, with its beautiful lake and botanical gardens, provides stunning green space right on the doorstep, while Wellfield Road and Albany Road boast an array of independent cafés, restaurants, and shops.
With highly regarded schools, regular bus routes and easy access to major road links, Roath remains a popular choice for professionals, families and investors alike.
HALLWAY uPVC double glazed door into hallway. Doors to lounge, dining room and kitchen. Radiator. Stairs to first floor with storage cupboard under.
LOUNGE uPVC double glazed window to front. Radiator. DINING ROOM uPVC double glazed window to rear. KITCHEN No kitchen fitted.
uPVC double glazed window to rear plus window and external door to side. Radiator. FIRST FLOOR Landing Doors to three bedrooms and bathroom. Loft access. Radiator.
BEDROOM ONE Two uPVC double glazed windows to front. Radiator. BEDROOM TWO UPVC double glazed window to rear. Radiator. BEDROOM THREE UPVC double glazed window to side. Radiator.
Wall mounted gas central heating boiler (approx 7 years old). BATHROOM UPVC double glazed window to rear. Radiator. Extractor fan. Loft access.
OUTSIDE Rear Garden Enclosed with stone boundary wall. NO.
40 - EXISTING SHOP/WAREHOUSE Frontage: The facade is three terrace houses knocked into one years ago with industrial warehouse to rear.
Inside is the reception with stairs to first floor and door to office. Separate front access to shop with roller shutter and glass doors.
To the rear is industrial warehouse space to all boundaries, accessed via shop. WC. Electric and water services on site. No gas.
First Floor Two large offices with three windows to front and two windows to rear. Kitchen - with sink, base units and worktops. Window to rear. Door into office, door to WC with window to rear.
Disclaimer Important Notice: These particulars are prepared for guidance only and do not form whole or any part of any offer or contract.
Whilst the particulars are given in good faith, they are not to be relied upon as being a statement or representation of fact.
They are made without responsibility on the part of MGY Ltd or Vendor/lessor and the prospective purchaser/lessee should satisfy themselves by inspection or otherwise as to their accuracy.
Neither MGY Ltd nor anyone in their employ, or the vendor/lessor, imply, make or give any representation/warranty whatsoever in relation to this property.
The services of our recommended mortgage brokers and solicitors may be beneficial.
While a referral fee may be received if they are chosen, there is no obligation to use their services, and an alternative mortgage provider/solicitor can be chosen.
Value & comps
No previous sales on record.
Returns
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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.
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