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Grove Place, Penarth

Wales

£395,000
Listed on 10/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1324 sqft

Description

This spacious three-bedroom terraced house, characterized by its charming double bay front, is conveniently located near the town centre and railway station. With a strong potential for transformation, the property is within the catchment area for reputable schools, making it an excellent investment opportunity. The layout includes a porch leading into a hallway, three distinct reception rooms that offer versatile living space, and a compact kitchen currently in need of modernisation. The property boasts three generously sized double bedrooms and a bathroom that would benefit from refurbishing. Additionally, there’s significant potential for loft conversion to enhance living space further. A south-facing rear garden with lane access complements this property, alongside existing gas central heating and freehold status, promising an appealing project for those looking to create their ideal home.

Investment Analysis

(CF64 area)

Below Market Value

This property is priced -14.1% below area average per sq ft

-14.1%
Potential saving
This Property
£298/sq ft
Area Average
£347/sq ft
Avg Rent (weekly)
£273
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£505,881
10% above area average per sq ft
Potential ROI
+13.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
93%
Properties sold annually

Local Market Trend (CF64)

Area prices are rising by +3.9% over the last 12 months
3 year growth: -0.3%
5 year growth: +16.6%
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

Grove Place, Penarth
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,425
Based on a loan of £296,250 over 30 years at 4.06% 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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