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Pearl Street, Cardiff

Wales

£240,000
Listed on 05/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This end-of-terrace three-bedroom house presents a prime opportunity for renovation and investment, featuring substantial potential for those looking to create their ideal home or capitalize on a development project. Positioned on a sizeable plot in the heart of Splott, this property is just moments from Cardiff City Centre, making it an attractive choice for commuters and families alike. The property requires complete refurbishment but boasts a versatile layout with a large separate unit located at the rear. Current planning permissions are in place to convert the existing structure into three apartments, offering an excellent pathway for investors seeking to maximize rental yield or transform the space into modern living accommodations. Inside, the home features an entrance hallway leading into a lounge and dining area that flows into the kitchen. A downstairs shower room, along with a separate toilet, offers convenience for residents. Upstairs, three generously sized double bedrooms provide ample space for family living or potential tenant occupancy. Surrounded by local amenities and enhanced transport links, this location supports both everyday convenience and future growth potential. The property is being sold with no onward chain, allowing for a smoother transaction process. Given its current condition and planning opportunities, this listing warrants serious consideration from anyone interested in undertaking a rewarding renovation project or capitalizing on its investment prospects.

Investment Analysis

(CF24 area)
Area Average
£263/sq ft
Avg Rent (weekly)
£487
Avg Yield
10.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
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

Pearl 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
£879
Based on a loan of £180,000 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