Herbert Terrace, Penarth

Wales

£495,000

Listed on 12/06/2026

Property Details

Bedrooms

Type

Mixed Use

Description

This Victorian terraced property presents an opportunity for renovation and investment in the heart of Penarth. Located conveniently in the town centre, it benefits from strong transport links and a mix of commercial and residential spaces. Currently, the ground and first floors are configured for commercial use, which will become available upon sale, while a residential flat occupies the top floor under a fixed term contract. The property's character is enhanced by original features that could be preserved or restored during modernization efforts. With parking available and no onward chain, this property has significant potential for adaptive reuse or enhancement to suit various needs.

Investment Analysis

(CF64 area)

Area Average

£347/sq ft

Avg Rent (weekly)

£277

Avg Yield

3.6%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£30,000 - £60,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

Properties sold annually

Local Market Trend (CF64)

Area prices are rising by +11.0% over the last 12 months

3 year growth: +5.7%

5 year growth: +21.5%

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

Herbert Terrace, Penarth

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments

£1,870

Based on a loan of £371,250 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.