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Inchmarnock Street, Cardiff

Wales

£170,000
Listed on 01/08/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
581 sqft

Description

This property presents a promising opportunity for renovation and investment. Upon entering, you'll find a bright and spacious lounge area that flows seamlessly into a functional kitchen, alongside a convenient downstairs family bathroom. The outdoor space features a compact courtyard, making it ideal for those seeking low-maintenance living. Upstairs, the two well-proportioned double bedrooms offer versatility, accommodating various needs—whether it's for a growing family, housemates, or even the potential to establish a home office. The upstairs layout maximizes space and comfort. Located in close proximity to local amenities and offering strong transport links, this home ensures easy access to everything necessary for day-to-day life while providing an appealing setting for future tenants or homeowners alike. Although the property would benefit from some modernization, it serves as an inviting blank canvas ready for personal customization. This is particularly advantageous for first-time buyers eager to put their stamp on their new home or investors looking to capitalize on rental opportunities in a desirable location. With no onward chain, you have the added advantage of being able to move quickly and begin your renovation plans without delay. This property encapsulates significant potential in a sought-after neighborhood and should not be overlooked by those looking to enhance value through thoughtful updates. Viewing is highly recommended to fully appreciate the possibilities this home offers.

Investment Analysis

(CF24 area)

Above Market Value

This property is priced +11.5% above area average per sq ft

+11.5%
This Property
£293/sq ft
Area Average
£263/sq ft
Avg Rent (weekly)
£487
Avg Yield
10.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£167,764
10% above area average per sq ft
Potential ROI
-9.3%
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

Inchmarnock Street, Cardiff
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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
£623
Based on a loan of £127,500 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