Land at the back of, 3a, East Grove, CARDIFF, South Glamorgan, CF24 3AE

Description

A compact plot of land extending to approximately 54sq m, accessed via a private lane. The site formerly accommodated a Victorian dairy and coach house, although these structures are no longer in situ. The plot offers potential for a variety of uses, subject to any necessary consents and permissions. Access is provided via the adjoining lane, which is secured and locked overnight.

Location

The land is located in a highly desirable position within Roath, one of Cardiff’s most consistently popular areas, with easy reach of Cardiff city centre, Cardiff University, the University Hospital of Wales and an excellent range of local amenities. Albany Road, City Road and Wellfield Road are all nearby, offering a huge selection of cafés, restaurants, independent retailers, supermarkets and everyday conveniences. The area is exceptionally well connected with regular public transport links and excellent access into the city centre.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

• Confirm lease length, ground rent, service charge and major works

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆