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Broadway, Cardiff, CF24

Wales

£360,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1095 sqft

Description

This three-bedroom flat presents a noteworthy investment opportunity, particularly appealing for those looking to engage in renovation or reconfiguration. Nestled above a functioning commercial tyre shop—an established source of passive income—the flat offers not only residential space but also the potential for further development with additional garages included in the sale. The expansive layout comprises three generous bedrooms, three reception areas, a kitchen, and a family bathroom. While the property requires comprehensive refurbishment, it serves as an empty canvas for both investors and future homeowners to craft a modernized living environment or explore possibilities for conversion into multiple units, subject to planning approval. With its strategic location and mixed-use aspect, options abound whether you choose to occupy, lease out, or completely redesign this space.

Investment Analysis

(CF24 area)

Above Market Value

This property is priced +25.2% above area average per sq ft

+25.2%
This Property
£329/sq ft
Area Average
£263/sq ft
Avg Rent (weekly)
£487
Avg Yield
10.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£316,181
10% above area average per sq ft
Potential ROI
-28.1%
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

Broadway, Cardiff, CF24
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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
£1,319
Based on a loan of £270,000 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