Property Details
£725,000
Development at Clifton Street, Cardiff
- PLANNING NOW GRANTED
- Development Opportunity
- Former Public House
- Prominent Corner Position
- Existing Structure
- High Street Location
- High Demand for Residential Accommodation
- Excellent Income Potential
- Drawings Available
- Circa 0.9 Miles East of Cardiff City Centre
Cash Offers Now Invited:
Former historic Public House available for freehold purchase with planning GRANTED for 18 APARTMENTS. These consist of 12x1 bedroom apartments, 5x2 bedroom apartments and 1x1 studio apartment.
Clifton Street is situated circa 0.9 Miles East of Cardiff City Centre. Positioned on a bustling high street, this development is ideal for developers looking for accommodation compatible with the increasingly popular "15 Minute City" urban planning trend.
As per the findings of the 2021 Census Cardiff grew from a population of 346,100 to 362,300 since 2011, which is the second largest population growth in Wales at 4.7%. Further to this, Cardiff is the most densely population local authority out of all of those in Wales. There is currently a significant shortage of rental accommodation in Wales, particularly for accommodation located within close distance of the City Centre. According to the 2021 Census, nearly one in four households in Wales is in private rental accommodation, which recent trends indicating that this is likely to grow.
Cardiff is the capital of Wales and its largest city. It has a distinctive character with an excellent quality of life and an international reputation. Many national cultural and sporting institutions are based in Cardiff, including the National Museum of Wales and the Millennium Stadium. Cardiff Castle sits in the centre of the city, bordered on one side by beautiful parkland and on the other by excellent shops, restaurants and nightlife. The waterfront area at Cardiff Bay is home to the Welsh Assembly and the Wales Millennium Centre arts complex.
Tenure: Freehold
Former historic Public House available for freehold purchase with planning GRANTED for 18 APARTMENTS. These consist of 12x1 bedroom apartments, 5x2 bedroom apartments and 1x1 studio apartment.
Clifton Street is situated circa 0.9 Miles East of Cardiff City Centre. Positioned on a bustling high street, this development is ideal for developers looking for accommodation compatible with the increasingly popular "15 Minute City" urban planning trend.
As per the findings of the 2021 Census Cardiff grew from a population of 346,100 to 362,300 since 2011, which is the second largest population growth in Wales at 4.7%. Further to this, Cardiff is the most densely population local authority out of all of those in Wales. There is currently a significant shortage of rental accommodation in Wales, particularly for accommodation located within close distance of the City Centre. According to the 2021 Census, nearly one in four households in Wales is in private rental accommodation, which recent trends indicating that this is likely to grow.
Cardiff is the capital of Wales and its largest city. It has a distinctive character with an excellent quality of life and an international reputation. Many national cultural and sporting institutions are based in Cardiff, including the National Museum of Wales and the Millennium Stadium. Cardiff Castle sits in the centre of the city, bordered on one side by beautiful parkland and on the other by excellent shops, restaurants and nightlife. The waterfront area at Cardiff Bay is home to the Welsh Assembly and the Wales Millennium Centre arts complex.
Tenure: Freehold
Map
Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.
