Summary - Rhymney Street, Cardiff CF24 4DH
3 bed 1 bath Terraced
Investment-ready terrace near Cardiff University with strong rental demand.
Three double bedrooms and two reception rooms
A three-bedroom Victorian terrace in Cathays, positioned in the Golden Triangle close to Cardiff University and the city centre, offers straightforward rental demand and scope to add value. The house is freehold with two reception rooms and a decent rear garden — attributes that appeal to student sharers and young professionals.
The property is sold as a practicable refurbishment project: interiors show dated mid-20th-century decor and patterned carpet, and the exterior requires attention. There is reported subsidence; buyers should budget for structural investigation and remedial works. Only one bathroom serves three bedrooms, which affects immediate rental yield until upgraded.
For investors, the location’s strong lettability and fast broadband/mobile connectivity are major positives. The area is classified as very deprived, which supports consistent rental demand but can limit capital growth prospects in the short term. This home suits a buyer prepared to invest in modernisation to lift rents and achieve capital appreciation.
Viewings will suit cash buyers or mortgage-ready investors who can manage refurbishment and potential structural costs. After remediation and modernising kitchens/bathrooms, layout and garden size should deliver improved rental income and longer-term upside in a well-known student neighbourhood.
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