Key Executive Sales says ..

Property Oracle says ..

This eleven-bedroom, six-bathroom property located on Richmond Road in Cardiff’s Plasnewydd area presents a unique opportunity. The property’s substantial size (3,313.13 sqft) is immediately noticeable, suggesting a potential for various uses, such as a large family home, a multi-unit rental property, or even a conversion into multiple smaller units. The location itself is a key selling point, offering convenient access to Cardiff’s city centre and its amenities, as well as multiple rail stations within walking distance. The proximity to several schools further enhances its appeal.

However, the property’s condition shows some areas that could benefit from modernization or updating. While structurally sound, some rooms appear dated and could benefit from renovation to increase their market value and appeal to a wider range of buyers. The complete lack of a garden or outdoor space is a significant drawback, which is a common characteristic of properties in this area but still a factor to consider.

The list price of £850,000 requires careful consideration. While the property’s size and location are strong selling points, the condition and lack of land might make this price seem high to some buyers. A thorough survey and valuation would be essential before making an offer. The property’s potential for various uses and its location in a desirable area could, however, justify the price for the right buyer, especially in a competitive market. Potential buyers should weigh the property’s strengths and weaknesses carefully before making a decision.

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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