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Newport Road, Cardiff

Wales

£599,999

Listed on 03/06/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This notable investment opportunity features a Victorian property divided into 10 flats, comprising 9 studios and a single one-bedroom unit. Situated in the desirable Newport Rd area, within close proximity to Cardiff's city centre, the property is partially occupied and presents a significant refurbishment opportunity. Currently tenanted, it requires comprehensive updating to maximize its rental potential and appeal in the market. The layout includes three studios and one one-bedroom flat on the ground floor, four studios on the first floor, and two studios on the second floor. The property is complemented by a generous front forecourt and an expansive rear car park, enhancing its overall appeal for future tenants or owners. This freehold property is available for cash buyers only, with proof of funds required prior to scheduling a viewing.

Investment Analysis

(CF24 area)
Area Average
£265/sq ft
Avg Rent (weekly)
£300
Avg Yield
6.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (CF24)

Area prices are stable by +0.6% over the last 12 months
3 year growth: +4.6%
5 year growth: +17.8%
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

Newport Road, Cardiff
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,267
Based on a loan of £449,999 over 30 years at 4.45% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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