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Connaught Road, Cardiff, CF24 - Image 1
Connaught Road, Cardiff, CF24 - Image 2

Connaught Road, Cardiff, CF24

Wales

£485,000
Listed on 30/09/2025

Property Details

Bedrooms
6
Type
Detached house

Description

Presenting a promising investment opportunity in the desirable Roath neighborhood, this property consists of four flats—two featuring two bedrooms and two with one bedroom. Currently generating an annual rental income of £37,200, it offers a yield of approximately 7.5% based on the current market conditions. The property holds notable renovation potential; updating the interiors could not only enhance tenant appeal but also significantly increase rental income and overall value. With careful improvements, investors could capitalize on the demand for quality housing in this thriving area. Located in a vibrant community, residents benefit from convenient access to a variety of local amenities, including parks, shops, cafes, and restaurants. Public transport links are readily available, ensuring easy commutes to Cardiff city center and nearby university campuses. This prime location further adds to the investment potential, making it an attractive proposition for both seasoned investors and those looking to embark on their property journey.

Investment Analysis

(CF24 area)
Area Average
£264/sq ft
Avg Rent (weekly)
£375
Avg Yield
7.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (CF24)

Area prices are stable by +1.9% over the last 12 months
3 year growth: +6.4%
5 year growth: +20.0%
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

Connaught Road, Cardiff, CF24
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,749
Based on a loan of £363,750 over 30 years at 4.06% 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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