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Harriet Street, Cathays, Cardiff, CF24 4BW - Image 1
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Harriet Street, Cathays, Cardiff, CF24 4BW

Wales

£260,000
Listed on 01/07/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
705 sqft

Description

This two-bedroom mid-terrace home offers a unique opportunity for those interested in renovation and investment in the vibrant community of Cathays, one of Cardiff’s most desirable neighborhoods. Positioned in a dynamic area with strong rental demand, this property is well-suited for investors or first-time buyers eager to put their personal touch on a space in a thriving urban environment. The layout features an entrance hall that welcomes you into the property, leading to an expansive lounge/diner measuring 11'0" x 19'8", providing ample room for comfortable living and entertaining. The kitchen, at 10'4" x 6'5", offers a functional space with potential for modernization to create a contemporary dining experience. An inner hall connects the main areas to essential amenities, including the bathroom (6'6" x 6'8"), which presents opportunities for updates that could significantly enhance its appeal. Both bedrooms—Bedroom One at 10'2" x 12'8" and Bedroom Two at 10'3" x 9'7"—offer good proportions and natural light, making them ideal candidates for cosmetic improvements that can elevate their functionality and comfort. Given the property's current condition, there is considerable scope for refurbishment, allowing savvy buyers to increase its value through thoughtful renovations. Additionally, being situated in such a sought-after district enhances its investment potential, making it an attractive proposition for anyone looking to capitalize on the growth of the area. With council tax band D and freehold status, this property represents a strategic entry point into Cathays’ real estate market.

Investment Analysis

(CF24 area)

Above Market Value

This property is priced +40.5% above area average per sq ft

+40.5%
This Property
£369/sq ft
Area Average
£263/sq ft
Avg Rent (weekly)
£487
Avg Yield
10.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£203,569
10% above area average per sq ft
Potential ROI
-29.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (CF24)

Area prices are rising by +2.7% over the last 12 months
3 year growth: 6.0%
5 year growth: 20.9%
Investment Disclaimer: Analysis based on CF24 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Harriet Street, Cathays, Cardiff, CF24 4BW
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£952
Based on a loan of £195,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE