Darlows says ..

Property Oracle says ..

The property is located on Merthyr Street in Cathays, Cardiff. It is a 2-bedroom, 2-bathroom terraced house with a total area of 560 sqft and a plot size of 0 sqft. The list price is £220,000. The average house price in the area is £229,258, with an average price per sqft of £146. This property is significantly smaller than the average for the area. Based on the provided photographs, the property appears to be in generally fair condition. While there is some evidence of wear and tear, there are no immediately apparent major structural issues or significant need for renovation. The kitchen and bathrooms seem functional but could benefit from some modernisation. The property does appear to have a small rear yard, although the size is not specified. This is a positive aspect, especially for a property in an urban area. Considering the smaller size of the property compared to the average size of properties in the area, its condition, and the presence of a small yard, the list price of £220,000 appears to be at the higher end of the reasonable range. Nearby comparable properties on Merthyr Street have sold for between £80,000 and £223,000, which adds further context to this assessment. The location, close to Cardiff University and various amenities, is a positive factor that could justify a slightly higher price point. However, the lack of significant plot size and the need for some modernisation should be considered factors influencing the 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. *

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