Peter Alan says ..
IDEAL INVESTMENT - Approx. £950 pcm. Yield approx. 6.5%. - 2 BEDROOMS & 2 SHOWER ROOMS - PRIVATE ENTRANCE
Property Oracle says ..
This two-bedroom, two-bathroom property located on Glebe Street in Penarth, South Glamorgan, is presented as an investment opportunity. The interior shows evidence of some renovation work, specifically in the kitchen and bathrooms, resulting in a relatively modern, updated feel. However, the available images showcase limited details regarding the property’s overall structural condition and the extent of renovations.
The property boasts a small outdoor area, which provides limited garden space. The location within Penarth offers access to multiple rail links providing connections to Cardiff and beyond, along with nearby schools. While specific details on the schools’ OfSTED ratings and local amenities are lacking, Penarth’s reputation as a desirable location should contribute positively. The list price of £190,000 seems consistent with other investment properties in the vicinity of Glebe Street, although the absence of detailed square footage information for comparison properties prevents a definitive assessment of its price-to-size value. Therefore, interested buyers should conduct thorough due diligence, including a full structural survey and further exploration of the surrounding area’s amenities and the schools, to fully assess the investment potential and value.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 2
- Bedrooms
- 2
- Bathrooms
- 2
- Sqft (est)
- 645.83
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 449,495.00 £Increased by 28.71 %
- Est sale value
- 287,394.35 £Increased by 22.59 %
- Average area rental value
- 1,222.00 £/moDecreased by 1.85 %
- Est letting value
- 645.83 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.26 %Decreased by 23.83 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
Peter Alan created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Albert C.P. School | Welsh Establishment | 0.31 KM | |
| Bute Cottage Nursery School | Welsh Establishment | 0.57 KM | |
| Westbourne Schools | Welsh Establishment | 0.63 KM | |
| Victoria Primary School | Welsh Establishment | 0.84 KM | |
| Headlands School | Welsh Establishment | 0.90 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Arcot Lane (North) | £ 0 | 0 | 0.00 KM |
| Harbour View Road | £ 0 | 0 | 0.00 KM |
| Church Avenue | £ 0 | 0 | 0.00 KM |
| Victoria Road | £ 240,000 | 0 | 0.00 KM |
| Anchor Road | £ 384,500 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Dingle Road | 3861 | DGL | 0.65 KM |
| Penarth | 3863 | PEN | 0.72 KM |
| Cogan | 3828 | CGN | 1.59 KM |
| Cardiff Bay | 3815 | CDB | 2.92 KM |
| Grangetown (Cardiff) | 3839 | GTN | 3.23 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Glebe Street, Penarth | £ 180,000 | BUY | 5 / 10 | 0.00 KM |
| Glebe Street, Penarth | £ 190,000 | BUY | 5 / 10 | 0.00 KM |
| Glebe Street, Penarth | £ 190,000 | BUY | 5 / 10 | 0.00 KM |
| Glebe Street, Penarth | £ 190,000 | BUY | 5 / 10 | 0.00 KM |
| Glebe Street, Penarth | £ 190,000 | BUY | 5 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 56 Glebe Street | £ 217,500 | 0.00 KM |
| 65 Glebe Street | £ 286,750 | 0.00 KM |
| 67 Glebe Street | £ 130,000 | 0.00 KM |
| 5 Queens Road | £ 255,000 | 0.07 KM |
| 92 Queens Road | £ 44,000 | 0.07 KM |