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Mackintosh Place, Cardiff,

Wales

£250,000
Listed on 02/10/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
883 sqft

Description

This property presents a notable investment opportunity with its four-bedroom flat situated above a commercial space, formerly home to a long-established family-owned vinyl record shop. Located in the bustling area of Mackintosh Place, Cardiff, this unique setup is within close proximity to various local amenities, making it an attractive spot for both residential and commercial ventures. The ground floor includes a retail unit that offers significant potential for new business initiatives or could be adapted for existing operations. The previous establishment has ceased, providing a blank canvas for the next owner to implement their vision. The layout consists of an entrance hallway leading directly to the customer service area, along with a rear storage room and a WC. The residential portion spans two levels. The first floor features a landing area that connects to four bedrooms and a family bathroom. Stairs lead up to the second floor where you’ll find an expansive kitchen/living/dining area, benefiting from multiple windows that enhance natural light throughout the space. While some modernization is needed, this flexible layout allows for customization based on personal preference or rental potential. There is no onward chain associated with this property, facilitating a smoother transition for interested buyers. Additionally, the location's popularity suggests strong demand for rental units, enhancing its attractiveness as an investment property. With access to all main services and on-street parking available nearby, this site stands ready for new possibilities in both residential living and commercial enterprise. For those looking at renovation opportunities or seeking assets in sought-after locations with growth potential, this property provides ample scope for redevelopment or improvement while offering immediate utility as well.

Investment Analysis

(CF24 area)

Above Market Value

This property is priced +7.9% above area average per sq ft

+7.9%
This Property
£283/sq ft
Area Average
£263/sq ft
Avg Rent (weekly)
£487
Avg Yield
10.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£254,966
10% above area average per sq ft
Potential ROI
-12.1%
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

Mackintosh Place, 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
£916
Based on a loan of £187,500 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