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Station Terrace, Ely, Cardiff

Wales

£170,000
Listed on 14/09/2023

Property Details

Bedrooms
3
Type
Terraced house
Area
684 sqft

Description

This three-bedroom mid-terrace home presents a significant opportunity for renovation and investment. Located in the well-connected area of Ely, this property is perfectly situated within walking distance to essential local amenities, including supermarkets, schools, and public transport options. The interior features a generously sized lounge/dining area that provides a flexible space for both relaxation and entertaining. This room benefits from natural light through a large front-facing window and includes convenient under-stairs storage. The kitchen, though in need of modernization, offers ample potential with space for essential appliances and direct access to the enclosed rear garden. Upstairs, the layout comprises three well-proportioned bedrooms. Each room features large windows allowing for plenty of natural light and offers different aspects that could accommodate various preferences in decor or layout. The family bathroom is functional but could benefit from modern updates to suit contemporary tastes. Externally, the property has a low-maintenance front garden set back from the street, while the rear garden is predominantly laid to lawn complemented by a patio area—ideal for outdoor dining or leisure activities. With its solid structure and desirable location, this property holds excellent potential for those looking to invest in a project that can be tailored to personal specifications or as part of a rental portfolio given the high demand in the area. Whether you’re a seasoned investor or a first-time buyer eager to create your dream home, this property invites your vision.

Investment Analysis

(CF5 area)

Below Market Value

This property is priced -18.9% below area average per sq ft

-18.9%
Potential saving
This Property
£249/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£270
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£230,648
10% above area average per sq ft
Potential ROI
+18.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (CF5)

Area prices are rising by +2.4% over the last 12 months
3 year growth: -2.1%
5 year growth: 23.1%
Investment Disclaimer: Analysis based on CF5 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

Station Terrace, Ely, 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