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Elm Street, Roath, Cardiff, CF24 - Image 1
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Elm Street, Roath, Cardiff, CF24

Wales

£199,950

Listed on 07/10/2026

The listing

Property details

Bedrooms
3
Type
Terraced
Area
1044 sqft

Description

This three-bedroom terraced house in Roath, Cardiff, presents an excellent opportunity for renovation and value addition. With no onward chain, it is ideal for both investors and first-time buyers looking to create a home tailored to their preferences. The property features a layout that includes two reception rooms and a spacious kitchen, offering distinct areas for living and dining. Notably, there are two bathrooms, one being a disability-accessible wet-room, providing practical flexibility for various needs. Gas central heating and uPVC double glazing enhance comfort and efficiency. The rear garden is low maintenance, allowing for outdoor enjoyment without extensive upkeep. On-street permit parking is available for convenience. Located within walking distance of Cardiff city centre, the property is close to retail, dining, and entertainment options. Cardiff University is also nearby, making it appealing for those working or studying in the area, as well as for landlords considering student or professional lettings. Roath is well-equipped with local shops and amenities, including supermarkets and independent cafés along Albany Road and City Road. Additionally, green spaces such as Roath Recreation Ground and Roath Park Lake are easily accessible for leisure activities. Public transport connections are convenient, with regular bus services running nearby and Cardiff Queen Street station within walking distance, offering rail services to Cardiff Central and beyond. The property has an EPC rating of C and falls under Council Tax Band E.

WHOTS analysis

Our WHOTS verdict

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

70out of 100
Grade BGood opportunity

Confidence: MEDIUM

This three-bedroom terraced house in Roath, Cardiff, presents an appealing opportunity for those looking to invest in a renovation project. Priced at just £199,950, the asking price is significantly below the local average of £262/sqf, making it an attractive option for buyers seeking to acquire a property with the potential for value enhancement. The current condition of the house is dated, offering a blank canvas for renovations that can cater to personal preferences.

The layout features two reception rooms and a spacious kitchen, which can be reimagined to create a modern living space. With the added benefit of no onward chain, this property is well-positioned for investors or first-time buyers who are willing to undertake the necessary updates. The medium-scale renovation, estimated between £40,000 and £80,000, allows for substantial improvements, and the house's prime location near amenities and transport links further enhances its appeal. This is a chance to create a desirable home in a vibrant area, making it a worthwhile consideration for those ready to invest effort into a refurbishment.

Key opportunities

  • Significantly below local average price per square foot, allowing for value creation.
  • Spacious layout with two reception rooms and a large kitchen, perfect for modernisation.
  • No onward chain, facilitating a quicker purchase process.

Key risks

  • Medium-scale project requiring extensive renovation to bring the property up to modern standards.

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Map

Location

Elm Street, Roath, 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
£755
Based on a loan of £149,962 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.

Tax

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