3-bedroom house
For saleListed 2 days
Opportunity summary
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About
*development opportunity for 2 X 3 bedroom semi detached dwellings on wenallt road, rhiwbina - guide price £375,000* Edwards and Co are delighted to offer for sale this unique opportunity to acquire the existing detached dwelling on the highly desirable Wenallt Road, Rhiwbina with outline planning permission for a pair of executive style 3 bedroom semi detached homes with commanding views across Cardiff and beyond to the front aspect.
The permission allows for the demolition of the existing dwelling to make way for the new homes, and provision has been made for additional car parking spaces, off the road, to the front of each property.
Please call or email us for further information.
Existing Front Elevation A traditional red brick detached dwelling dating back, we believe, to circa 1920's and occupying an elevated position overlooking Wenallt Road and to Cardiff, and beyond, to the front.
Proposed Front Elevation A pair of very attractive 3 bedroom, 2 storey executive semi-detached homes that each benefit from ample front and rear gardens plus 2 off road parking spaces.
Please note that this is an artists impression only and could be subject to change/alteration with full planning permission. Front Garden As depicted. Rear Existing rear elevation as depicted.
Rear Garden As depicted. Outline Planning Permission Outline planning permission granted. Full details at Cardiff Council planning ref. Pp-14378721.
Agents Opinion This is an outstanding opportunity for a developer or self-builder to put their stamp on this highly desirable Rhiwbina address.
The purchaser will be able to apply for full planning permission prior to completion on the sale and will be responsible for their own building calculation costs.
I would propose that each new build 3 bed property, subject to the correct specification and square footage, will achieve in the region of £525,000 to £550,000 when completed to the desired standard.
Disclaimer These property details are provided by the seller and not independently verified by Edwards and Co. Edwards and Co recommend that buyers should seek their own legal and survey advice.
Descriptions, measurements and images are for guidance only. Marketing prices are appraisals, not formal valuations. Edwards and Co accepts no liability for inaccuracies or related decisions.
Anti Money Laundering Money laundering regulations: All intending purchasers will be asked to produce identification documentation during the purchasing process and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
Edwards and Co are fully compliant with all Anti Money Laundering Regulations as laid out by the UK Government.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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