MGY says ..

Property Oracle says ..

Location: The property is located on Railway Street in Splott, Cardiff. The area benefits from relatively close proximity to several railway stations, including Cardiff Queen Street (1.98km), Cardiff Bay (2.51km), Cathays (2.93km), Cardiff Central (3.12km), and Grangetown (4.54km). There are also a number of primary schools within a kilometer radius, such as Stacey Primary School (0.65km), Adamsdown Primary School (0.89km), Ysgol Glan Morfa (0.94km), and Moorland Primary School (0.94km). The average house price on Railway Street itself is £223,328, providing some context for the property’s asking price. Further analysis of the surrounding streets shows a range of property values, suggesting a mixed-use area.

Condition: Based on the provided images, the property appears to be in good condition. The interior has been recently decorated and modernised, with new flooring and updated kitchen and bathroom fittings. There is no visible evidence of significant repair or renovation needs.

Land: The property includes a garden area, which appears to be well-maintained and of a reasonable size for a terraced house in the area. The presence of a patio, various plants, and even a basketball hoop suggests a usable outdoor space.

Price: The list price of £275,000 is higher than the average price for the area (£230,898), but it is important to consider the size of the property. At 1,095 sqft, it is significantly larger than the average property size in the area (858 sqft). The average price per sqft in the area is £269, while this property’s price per sqft is approximately £251. Considering the property’s condition, the inclusion of a garden, and its larger-than-average size, the list price appears to be within a reasonable range for the market, though perhaps slightly on the higher end. Nearby comparable properties on Pearl Street and Railway Street support this assessment, showing prices ranging from £199,950 to £260,000, although sqft data is missing for these properties.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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