David Baker says ..
An attractive three storey stone-built Victorian terraced property with off-road parking, in a prominent town centre location, currently split for use by three to four businesses and comprising 2000 st ft of internal space overall. The current layout has two salon style spaces, kitchen and cloakr...
Property Oracle says ..
This property, located at Herbert Terrace in Penarth, is currently configured as commercial space split across three to four business units. The exterior presents as a well-maintained Victorian terraced house in an attractive location. Interior photos show a modern fit-out suitable for hair salons, treatment rooms and office spaces. The property is situated conveniently close to Penarth train station, providing easy access to Cardiff and other areas. Several schools are also within walking distance, making it potentially appealing to families, should the property be converted to residential use. The absence of garden space is typical for terraced properties in this area. The list price of £625,000 requires further scrutiny given that we lack precise square footage data for a residential conversion and only general pricing data from similar properties in the area. The current configuration and location make this a suitable investment opportunity, though significant renovation and conversion costs must be factored into the calculation of ultimate profitability.
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
- 6
- Condition
- 7
- Location
- 8
- Land
- 1
- Bedrooms
- 4
- Bathrooms
- 0
- Sqft (est)
- 1,000.00
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Metrics Year-on-Year
- Average area value
- 449,495.00 £Increased by 28.71 %
- Est sale value
- 445,000.00 £Increased by 22.59 %
- Average area rental value
- 1,222.00 £/moDecreased by 1.85 %
- Est letting value
- 1,000.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.26 %Decreased by 23.83 %
- Crime Rate
- 32.00 %Unchanged by 0.00 %
Agent Activity
David Baker marked this listing as sold.
David Baker created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Westbourne Schools | Welsh Establishment | 0.14 KM | |
| Albert C.P. School | Welsh Establishment | 0.38 KM | |
| Bute Cottage Nursery School | Welsh Establishment | 0.53 KM | |
| Victoria Primary School | Welsh Establishment | 0.72 KM | |
| Headlands School | Welsh Establishment | 0.95 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Victoria Road | £ 240,000 | 0 | 0.00 KM |
| Railway Walk | £ 0 | 0 | 0.00 KM |
| Westbourne Road | £ 0 | 0 | 0.00 KM |
| Arcot Lane (North) | £ 0 | 0 | 0.00 KM |
| Church Avenue | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Penarth | 3863 | PEN | 0.23 KM |
| Dingle Road | 3861 | DGL | 0.76 KM |
| Cogan | 3828 | CGN | 1.89 KM |
| Cardiff Bay | 3815 | CDB | 3.35 KM |
| Eastbrook | 3795 | EBK | 3.55 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| The Moorwell, Windsor Road, Penarth | £ 380,000 | BUY | 7 / 10 | 0.09 KM |
| The Moorwell, Windsor Road, Penarth | £ 380,000 | BUY | 9 / 10 | 0.10 KM |
| Windsor Arcade, Penarth | £ 195,000 | BUY | 6 / 10 | 0.13 KM |
| Windsor Gardens, Windsor Road, Penarth | £ 360,000 | BUY | 6 / 10 | 0.13 KM |
| Windsor Road, Penarth | £ 350,000 | BUY | 8 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 3 Bradenham Place | £ 127,500 | 0.08 KM |
| 1 Bradenham Place | £ 470,000 | 0.08 KM |
| 29 Windsor Terrace | £ 465,000 | 0.10 KM |
| 26 Windsor Terrace | £ 485,000 | 0.10 KM |
| 27 Windsor Terrace | £ 425,000 | 0.10 KM |