3 bedroom property with land for sale

Cranbrook Street, Cardiff

029 2227 9127

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Plot

3 bed

0 bath

1,138 sq ft / 106 sq m

Key information

Tenure: Freehold

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Property description & features

Tenure: Freehold
Prime location within walking distance of Cardiff University
Two approved planning permissions for redevelopment
Potential to develop student accommodation or large HMO
High rental demand in the surrounding area
Planning permission ref: 22/00235/MNR
Planning permission ref: 21/02586/MNR

*INVESTMENT OPPORTUNITY WITH APPROVED PLANNING FOR CONVERSION INTO 8 STUDIO APARTMENTS OR LARGE HOUSE IN MULTIPLE OCCUPATION (HMO)*

3 Bedroom End of Terrace Property with Approved Planning Permissions

Ideally located within walking distance of Cardiff University, this three-bedroom end-of-terrace property in need of total renovation, offers an excellent opportunity for investors or developers. The property benefits from two approved planning permissions, providing multiple options for redevelopment and maximising rental yield.

Planning Permissions - 1.Conversion into Studio Apartments: Planning permission (ref: 22/00235/MNR) allows for the conversion of the existing house into 8 studio apartments, with selective demolitions, as well as rear, side, and second-floor extensions. This option is perfect for creating modern studio units in a high-demand rental area.

2.Change of Use to a Large HMO: Alternatively, planning permission (ref: 21/02586/MNR) permits the change of use to a large House in Multiple Occupation (HMO), including a rear three-storey extension, single-storey extension, and rear dormer. This would provide accommodation for multiple tenants, ideal for the student or young professional market.

Location - Located in a vibrant area with easy access to local amenities, transport links, and Cardiff University, this property offers great potential for a high-yielding investment.

Key Features - Prime location within walking distance of Cardiff University
Two approved planning permissions for redevelopment
Potential to develop student accommodation or large HMO
High rental demand in the surrounding area

This property represents a unique opportunity for renovation and development, with significant potential for return on investment

Tenure - This property is understood to be Freehold. This will be verified by the purchaser's solicitor.

Property information from this agent

Cranbrook Street, Cardiff

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Places of interest

Thomas H Wood - Whitchurch

14 Park Road Whitchurch CF14 7BQ

029 2227 9127

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What is your home worth?

WANT TO KNOW MORE ABOUT THOMAS H WOOD? At Thomas H Wood we know our stuff, but we thought we’d let you know a bit about us too. Our family business opened in 1970 on Park Place in the centre of Cardiff, two years later Thomas H Wood moved to North Road and, over the years, grew from two members of staff to our current team of eight. Managed by Thomas’ two sons, Paul and John Wood, our priorities are the same today as they were over 40 years ago, to put our customers first. At Thomas H Wood we determine precisely what it is you’re looking for and then we help you find it. Over time our experience in lettings expanded and evolved into the specialist expertise we now deliver across Cardiff and the whole of South Wales. In 2007 we bought Michael Traynor Estate Agents and, from that point, put down our roots in Whitchurch. We've stayed there ever since, so we know it really well. If you’re wondering why you should live in Whitchurch, we can tell you everything you need to know, from the best schools and shops to the nearest pubs and parks. We've recently extended our roots and opened a new office in Radyr. As your Radyr estate agents, we know all the best reasons for why you should live in Radyr. We know selling. We’ll make sure that your property is seen in the press and on-line through our own website and national property websites. We’ll tweet, email and text our database with its details until you get the right price from the right buyer. We know lettings. We've been successfully matching landlords with tenants and tenants with properties all over Cardiff and throughout South Wales for more than 40 years. We know buying and renting. We've built a reputation for finding people the right property, just let us know what you’re looking for and, as soon as it comes on the market, we’ll let you know. We know commercial properties. If you’re a company looking to buy or sell we can help. Thomas H Wood’s Commercial Services can take away the stress of managing your property, leaving you to look after the day-to-day running of your business. AT THOMAS H WOOD WE KNOW WHAT WE’RE TALKING ABOUT… PUT US TO THE TEST AND GET IN TOUCH WITH OUR TEAM TODAY.

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Property reference 33485153. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Thomas H Wood - Whitchurch.

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Broadband availability and predicted speed

Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s

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Mobile phone signal availability and predicted strength

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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

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