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Hirwain Street, Cathays, Cardiff, CF24 - Image 1
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Hirwain Street, Cathays, Cardiff, CF24

Wales

£240,000

Listed on 03/09/2026

The listing

Property details

Bedrooms
2
Type
Terraced
Area
764 sqft

Description

This two-bedroom terraced house on Hirwain Street in Cathays presents a promising investment opportunity in a sought-after area known for its strong rental demand. The property is offered with no onward chain and vacant possession, making it an appealing choice for landlords, investors, or parents purchasing for students. The accommodation spans approximately 764 sq ft across two floors, featuring two reception rooms, a fitted kitchen, two bedrooms, and a spacious shower room. One of the standout features is the south-facing rear garden, complemented by an outside toilet and useful storage. The layout is typical of traditional Cardiff homes, with a hallway leading to the reception areas and a kitchen at the rear. The front lounge is well-proportioned, boasting stripped timber floorboards and a neutral decor that allows for personalisation. Adjacent to the lounge is a separate dining room, which retains the same charming flooring and includes built-in cupboards for additional storage. The modern fitted kitchen is equipped with contemporary white gloss units and offers direct access to the garden, enhancing its practicality for daily use. The first floor accommodates two genuine double bedrooms, with the principal bedroom benefiting from ample natural light and space for various furniture arrangements. With potential for conversion to an HMO (subject to necessary permissions), this property is a versatile option for those looking to invest or adapt their living space over time. Its freehold tenure further adds to its appeal, allowing buyers to acquire both the building and land outright.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

31out of 100
Grade ELow opportunity

Confidence: MEDIUM

This two-bedroom terraced house on Hirwain Street presents an opportunity for buyers looking to invest in a well-located property in the heart of Cathays. While the asking price of £240,000 is above local averages at £314/sqf, it does offer potential for improvement and customization, especially given the dated decor throughout. The kitchen and bathroom are in good condition, adding a level of comfort while the rest of the home awaits your vision.

The property's south-facing garden is a highlight, enhancing its appeal for those considering rental options, particularly in this sought-after student area. However, the overall renovation costs, estimated between £40,000 and £80,000, combined with the purchase price, stretch the all-in costs beyond local benchmarks. This could impact the potential return on investment, making careful financial planning essential for prospective buyers.

Key opportunities

  • Good location in a high-demand rental area.
  • Potential for conversion to HMO with the right planning permissions.
  • South-facing rear garden adds outdoor space appeal.

Key risks

  • Overall costs may exceed local benchmarks, impacting financial return.
  • Purchase plus works may take you to around £300,000 when purchase and the £60,000 refurb range are added together — roughly 33% above what comparable floor area achieves locally in current condition; post-works value sits outside our data.

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Map

Location

Hirwain Street, Cathays, Cardiff, CF24
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£907
Based on a loan of £180,000 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.

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Indicative tax based on the asking price and the options you select.

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