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Railway Terrace, Penarth

Wales

£270,000
Listed on 02/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1010 sqft

Description

This mid-terraced property features three bedrooms and is centrally located, providing convenient access to the town's amenities. The home presents a unique opportunity for renovation, allowing prospective buyers to tailor improvements to their taste and requirements. Upon entry, you'll find a porch that leads into a hallway with original wood flooring and features such as an elegant balustrade. The ground floor includes three reception rooms, each offering character through details like fire surrounds and picture rails. Large uPVC double-glazed windows enhance natural light throughout these spaces, while the kitchen awaits a complete refurbishment to unlock its full potential. The first floor comprises three well-sized bedrooms, all with wooden floors and ample window space. The primary bedroom spans the full width of the house, while the second and third bedrooms offer versatility for family or guest use. Currently, the bathroom is accessed through the third bedroom; however, this layout could be reconfigured to create a more functional design. The property also benefits from gas central heating (not tested) and uPVC double glazing throughout, enhancing energy efficiency. Outside, an enclosed rear garden provides additional space for outdoor activities or potential landscaping projects. With no forward chain in place, this property represents an appealing investment option for those looking to enter the property market or add value through renovations in a bustling town center. Its freehold status further supports long-term investment possibilities in this up-and-coming area.

Investment Analysis

(CF64 area)

Below Market Value

This property is priced -22.5% below area average per sq ft

-22.5%
Potential saving
This Property
£267/sq ft
Area Average
£345/sq ft
Avg Rent (weekly)
£288
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£383,351
10% above area average per sq ft
Potential ROI
+23.7%
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
18%
Properties sold annually

Local Market Trend (CF64)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -1.8%
5 year growth: 14.7%
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

Railway Terrace, 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
£989
Based on a loan of £202,500 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