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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 sought-after cul-de-sac, this spacious detached bungalow presents an exciting opportunity for renovation and investment. The property occupies a generous plot that allows for potential expansion or development (subject to local planning permissions), making it an attractive prospect for those looking to create their dream home or capitalize on the investment potential. The interior layout includes a welcoming entrance hall that leads to multiple living spaces. The lounge features a bow bay window that enhances the natural light, while the dining room connects seamlessly to the conservatory, providing a bright area ideal for relaxing or entertaining. The large kitchen breakfast room offers ample space with existing oak-effect cabinetry and access to the garden, allowing for further customization in design and functionality. With two double bedrooms, both equipped with fitted wardrobes and abundant light from well-placed windows, this bungalow is versatile for various living arrangements. A well-appointed bathroom completes the accommodation, featuring modern amenities such as a heated towel rail and chrome fixtures. Outside, the property boasts gardens extending to the front, side, and rear. The sizeable side garden presents an excellent opportunity for future development or landscaping projects. The front garden provides convenient off-road parking options and is enclosed by a brick wall with wrought iron gates, enhancing both privacy and security. This bungalow is currently vacant and ready for immediate occupancy or refurbishment. Its location benefits from proximity to local amenities and transportation links, further enhancing its appeal as either a family home or an investment opportunity.

Investment Analysis

(CF5 area)
Area Average
£307/sq ft
Avg Rent (weekly)
£270
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Fairfield Close, Victoria Park, 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
£1,465
Based on a loan of £299,962 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