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Salop Place, Penarth

Wales

£315,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This mid-terrace property offers a promising opportunity for renovation in the heart of Penarth. Featuring three spacious double bedrooms and a utility room, this home boasts an adaptable layout including an entrance hall, living/dining area, kitchen, bathroom, and landing. The enclosed rear garden adds potential for outdoor development, while on-street parking ensures convenience. Situated within walking distance of local amenities such as shops, restaurants, and parks, this property is ideally located for those seeking to enhance its value through updates or expansion. With some modernization work and attention to detail, this could be an appealing investment for both first-time buyers and seasoned investors alike. Penarth's vibrant community and proximity to Cardiff further increase its desirability, making it a sound choice for renovation.

Investment Analysis

(CF64 area)
Area Average
£349/sq ft
Avg Rent (weekly)
£287
Avg Yield
3.6%

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
36
Average per month
Market Turnover
54%
Properties sold annually

Local Market Trend (CF64)

Area prices are rising by +3.5% over the last 12 months
3 year growth: -1.2%
5 year growth: 17.9%
Investment Disclaimer: Analysis based on CF64 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

Salop Place, Penarth
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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
£1,154
Based on a loan of £236,250 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