Allen & Harris says ..

Property Oracle says ..

This two-bedroom, one-bathroom apartment located on Conway Road in Cardiff’s Riverside area presents a promising investment opportunity. Situated within easy reach of Pontcanna’s amenities, the location scores highly in terms of lifestyle and convenience. The apartment benefits from being near several railway stations, facilitating easy commutes into Cardiff city centre and beyond.

The property itself presents in a generally well-maintained state. While the photographs show the decor is slightly dated, the structural condition appears sound. The kitchen, in particular, demonstrates its age with the cabinet design, but is functional and clean. The floors, walls, and bathroom all show minimal signs of wear and tear. The inclusion of an undercroft parking space is a definite bonus, particularly given the desirability of the area.

However, a key consideration is the lack of substantial outdoor space. Whilst there is a small balcony and access to communal grounds, the plot size is negligible. This is a significant factor impacting the overall value, especially if a buyer prioritizes private garden space.

While the pricing does not include precise square footage data for comparable properties, making a definitive judgment on value for money challenging, the £230,000 asking price appears to be reasonably aligned with the local market for comparable properties of similar style, size and location in Pontcanna, given the limited number of data points provided. A more comprehensive analysis of local sales data would provide a more precise assessment.

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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