Stacey Road, Cardiff, Caerdydd, CF24

This property presents a unique investment opportunity in CF24, with approved planning for the conversion and extension into four separate flats. The project includes two one-bedroom apartments, one two-bedroom apartment, and one three-bedroom apartment, making it well-suited for the local rental market that caters to professionals and families. The current state of the property requires extensive refurbishment, offering a clear path for investors to significantly enhance its value through renovation. Moreover, there is potential for further development with the possibility of applying for planning permission to construct a coach house in the expansive garden area, enabling even greater returns on investment. Situated in a desirable residential area close to Cardiff City Centre and local amenities, this property stands out as a promising development prospect with abundant growth potential. Prospective buyers are encouraged to conduct thorough inspections due to the current condition of the site which may pose various hazards typical of major renovation projects.