Worst House on the Street Logo
Broadway, Cardiff, CF24 - Image 1
Broadway, Cardiff, CF24 - Image 2
Broadway, Cardiff, CF24 - Image 3
Broadway, Cardiff, CF24 - Image 4
Broadway, Cardiff, CF24 - Image 5
Broadway, Cardiff, CF24 - Image 6
Broadway, Cardiff, CF24 - Image 7
Broadway, Cardiff, CF24 - Image 8
Broadway, Cardiff, CF24 - Image 9
Broadway, Cardiff, CF24 - Image 10

Broadway, Cardiff, CF24

Wales

£360,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1095 sqft

Description

An intriguing renovation opportunity emerges with this spacious three-bedroom flat, set within a mixed-use property. Its position above an established commercial tyre shop not only provides a unique living arrangement but also offers potential for generating passive income through the business below, which is included in the sale along with additional garages. The flat itself boasts a substantial layout featuring three bedrooms, three reception areas, a kitchen, and a family bathroom. Although it requires extensive refurbishment, this presents an excellent chance for developers or owner-occupiers to create a tailored living space that satisfies modern lifestyle needs. There’s also potential for reconfiguration into multiple units, subject to local planning permissions. Nestled in an area that benefits from various amenities and good transport links, this property offers both immediate livability and long-term investment prospects. Whether you choose to occupy it yourself, rent it out, or undertake a complete transformation, the possibilities are manifold. For those considering financing options, please note that the property will be sold via Modern Method of Auction. This method allows for completion within a 56-day reservation period and emphasizes careful due diligence prior to bidding. Interested parties are encouraged to review the associated Buyer Information Pack to fully understand the purchasing process and any related fees. Seize this opportunity—properties with such versatility and income potential in this location are rare.

Investment Analysis

(CF24 area)

Above Market Value

This property is priced +25.7% above area average per sq ft

+25.7%
This Property
£329/sq ft
Area Average
£261/sq ft
Avg Rent (weekly)
£253
Avg Yield
5.3%

Renovation Potential

Est. Renovation Cost
£36,000 - £90,000
10-25% of property value
Target Value
£314,917
10% above area average per sq ft
Potential ROI
-30.0%
After renovation
Monthly Sales
40
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (CF24)

Area prices are rising by +6.1% over the last 12 months
3 year growth: 10.2%
5 year growth: 21.9%
Investment Disclaimer: Analysis based on CF24 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Broadway, Cardiff, CF24
Map showing location of Broadway, Cardiff, CF24
Open Map