Darlows says ..

Property Oracle says ..

This three-bedroom terraced house located on Cathays Terrace in Cardiff presents a mixed bag of opportunities and challenges. The property’s position in Cathays offers a significant advantage. The area’s popularity amongst students and its proximity to Cardiff University and the city centre invariably ensure strong rental demand and potential for capital appreciation. Furthermore, the nearby transport links and several schools are undoubtedly attractive attributes.

However, the property’s condition is a major concern. The provided images show a property in need of extensive modernisation. Outdated décor, worn carpets, and a neglected garden significantly detract from its appeal. Prospective buyers should factor in substantial renovation costs. The overall condition of the property substantially impacts its immediate livability and market value.

The inclusion of a garden, however small and currently unkempt, is a positive feature, especially in an urban environment. However, its current state will add to the costs of bringing the property up to a desirable standard. The list price of £250,000 necessitates careful consideration given the required renovations and the available market data on similar properties. A thorough survey and comparative analysis of recently sold properties in the immediate area are essential before a final evaluation can be made. The lack of precise square footage information for the property and surrounding area makes a definitive assessment on value-for-money challenging. Buyers should seek professional advice on the appropriate pricing strategy.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images