Peter Alan says ..
PRIVATE ROOF TOP SUN TERRACE - IDEAL INVESTMENT - Approx. £975 pcm. Yield approx. 6.5%.
Property Oracle says ..
This two-bedroom property in Penarth, located on Glebe Street, presents a mixed bag of advantages and disadvantages. The property has clearly benefitted from what looks like a recent refurbishment, evidenced by the modern kitchen and bathroom. These are presented well, creating a contemporary feel. However, the interior photos also show that the property is unfurnished and presented as more of a blank canvas. The bedrooms appear smaller than average. While the property is near local schools, transportation links, and Penarth town centre, Glebe Street itself may be viewed as less desirable than other locations within Penarth. This property does feature a private rooftop terrace, an attractive feature adding extra living space which is uncommon for the area. The absence of a traditional garden is a notable drawback, particularly for families or those desiring more ample outdoor space. Overall, the property’s pricing appears in line with other comparable properties on Glebe Street, though buyers should carefully weigh the limited land size and relatively small overall area against the advantages of location and recent renovation. This makes it a good investment opportunity for rental income, based on the several similar properties nearby already acting as successful rentals. The property appears ideal for a first-time buyer or someone looking for a property which is low maintenance and is ready to move into.
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
- 1
- Sqft (est)
- 700.00
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
- 311,500.00 £Increased by 22.59 %
- Average area rental value
- 1,222.00 £/moDecreased by 1.85 %
- Est letting value
- 700.00 £/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 | £ 190,000 | BUY | 5 / 10 | 0.00 KM |
| Glebe Street, Penarth | £ 190,000 | BUY | 5 / 10 | 0.00 KM |
| Glebe Street, Penarth | £ 170,000 | BUY | 5 / 10 | 0.00 KM |
| Glebe Street, Penarth | £ 180,000 | BUY | 5 / 10 | 0.00 KM |
| Glebe Street, Penarth | £ 190,000 | BUY | 5 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 65 Glebe Street | £ 286,750 | 0.00 KM |
| 67 Glebe Street | £ 130,000 | 0.00 KM |
| 56 Glebe Street | £ 217,500 | 0.00 KM |
| 93 Queens Road | £ 223,000 | 0.07 KM |
| 2 Queens Road | £ 130,000 | 0.07 KM |