CPS Homes says ..

Property Oracle says ..

This five-bedroom, three-bathroom terraced house on Broadway in Roath, Cardiff, presents a mixed bag of opportunities and challenges for potential buyers. The property’s key strengths lie in its location within the popular Roath area, offering relatively easy access to Cardiff city centre and amenities such as shops and schools. The proximity to public transport links is also advantageous.

However, the property’s condition represents a significant drawback. The provided images show a property that is in need of extensive modernisation and renovations. The kitchen and bathrooms, in particular, are dated and require significant updates. While the structure of the house appears sound, considerable work would be needed to bring it up to modern standards.

The small, unkempt back garden is another area of concern. It lacks the well-maintained outdoor space often sought-after in this price range.

While the asking price is high considering the present state of the property, the high number of bedrooms and bathrooms could make it appealing to those interested in creating a house in multiple occupations (HMO). However, the overall condition would necessitate a significant investment before it becomes a desirable home or a well-functioning HMO. The property would also likely require additional work to meet the standards required for HMO rental.

Potential buyers should weigh the cost of necessary renovations and potential rental income against the current asking price to determine the overall value proposition. A thorough property survey is absolutely recommended before committing to any purchase.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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