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Fairfield Close, Victoria Park, Cardiff - Image 1
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Fairfield Close, Victoria Park, Cardiff

Wales

£399,950
Listed on 09/04/2024

Property Details

Bedrooms
2
Type
Detached house

Description

Nestled in a desirable cul-de-sac, this traditional detached bungalow offers a significant opportunity for renovation and investment. Set on a generous plot, the property features two spacious double bedrooms, a large kitchen breakfast room, and multiple living areas, including a conservatory that extends into the private gardens. Upon entering, you will find an entrance hall that connects to various rooms, including a comfortable lounge with a bow bay window that invites ample natural light. The dining room is notably large and has direct access to the conservatory through glazed doors, providing an easy flow for entertaining or relaxing. The kitchen breakfast room is expansive and encompasses ample oak-effect cabinetry along with essential plumbing for appliances. It boasts several windows that enhance its brightness and utility. The potential to modernize this area exists within the layout, allowing for various design choices that could significantly elevate the space. Both bedrooms are generously sized; the primary bedroom features fitted wardrobes and also benefits from front-facing views. The second bedroom offers versatility as a guest room or office space. Additionally, the bathroom includes essential amenities but invites updates for those looking to personalize it. Outside, the property presents well-maintained gardens at the front, side, and rear. The side garden's substantial space could be ideal for extending the existing dwelling or even constructing an additional property (subject to planning approval). With gas central heating provided by a combination boiler and vacant possession available upon completion, this bungalow serves not just as a comfortable home but also as a canvas ripe for investment. Its location capitalizes on neighborhood desirability while offering easy access to local amenities. This property represents an exciting chance for buyers interested in adding value through thoughtful renovations or development projects.

Investment Analysis

(CF5 area)
Area Average
£309/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£39,995 - £99,988
10-25% of property value
Monthly Sales
49
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (CF5)

Area prices are stable by +1.6% over the last 12 months
3 year growth: 0.3%
5 year growth: 23.8%
Investment Disclaimer: Analysis based on CF5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Fairfield Close, Victoria Park, Cardiff
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