The Retreat, Penylan, Cardiff
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
11
- BATHROOMS
11
- SIZE
4,597 sq ft
427 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Prime development location in historic Penylan.
- Approved planning (reference 20/01176/MNR) for conversion.
- Potential for 5 two-bedroom and 1 one-bedroom apartments.
- Currently functions as a 9-bedroom HMO.
- Expansive property over three floors.
- Situated close to Roath Park and Penylan's unique eateries.
- Generous plot size of 0.11 acres.
- No onward chain, facilitating a swift transition.
- Proximity to Cardiff's city center and major transport links.
- A unique investment opportunity in a high-demand area.
Description
Description - Unlock the potential of Penylan with this exceptional development opportunity. Currently operating as a 9-bedroom HMO, this expansive property is primed for transformation. With approved plans (reference 20/01176/MNR) already in place, envision a development of 6 individual apartments, comprising 5 two-bedroom units and a single one-bedroom unit, spread across three floors.
Located in the heart of Penylan, Cardiff, this property offers more than just bricks and mortar; it offers a lifestyle. Future residents will revel in the historic charm of Penylan, with Roath Park Lake and gardens, and a plethora of unique eateries just a short stroll away. The convenience of city living is balanced with the tranquility and community spirit that Penylan is renowned for.
The property's generous plot size of 0.11 acres ensures ample space for each unit, with potential for landscaping and communal areas. Additionally, the no onward chain status ensures a smooth transition for developers eager to embark on this project.
In an area where demand for quality housing is high, this development opportunity is not just an investment in property, but an investment in the future of Penylan. Whether you're an established developer or looking for your next project, this property promises a return on investment both financially and in the lasting legacy it will provide to the community.
The vendor has informed us that the development was valued by Savills back in 2020 at £1,700,000.
Brochures
The Retreat, Penylan, CardiffBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: G
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
The Retreat, Penylan, Cardiff
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cathays Station1.2 miles
- Heath Low Level Station1.4 miles
- Heath High Level Station1.4 miles
About the agent
Harry Harper Sales & Lettings, Cathays
85 Cathays Terrace Cathays Cardiff CF24 4HT
Moving is a busy and exciting time and we're here to make sure the experience goes as smoothly as possible by giving you all the help you need under one roof.
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Our record of success has been built upon a single-minded desire to provide our clients, with a top class personal service delive
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 33170955. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Harry Harper Sales & Lettings, Cathays. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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