Summary - 142 NEWPORT ROAD CARDIFF CF24 1DJ
10 bed 10 bath Terraced
Close to Cardiff city centre with strong rental demand.
Freehold Victorian property with 10 self-contained flats
A substantial Victorian investment opportunity on Newport Road, offered as a freehold with ten self-contained units (9 studios and 1 one‑bed). The building is fully let, positioned close to Cardiff city centre and public transport, and benefits from excellent mobile signal and fast broadband — attractive for student and young-family tenants. The property includes a large rear car park and forecourt, providing valuable off‑street parking in a dense urban area.
The building requires full refurbishment throughout to unlock higher rental income and capital growth. External façade and gardens show vegetation and wear; interiors will need modernization, remedial works and likely compliance upgrades. For buyers seeking immediate income, the flats remain tenanted, but significant investment will be required to realise the property's full potential.
This is a cash-only sale — proof of funds will be required prior to viewing. Note the local context: high crime levels and a very deprived area classification may affect lettings strategy and future yields, but the proximity to the city centre and strong demand from students supports lettable demand. Investors should plan for refurbishment costs, tenant management, and possible planning or licensing if changing unit configuration or HMO status.
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