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Development at Clifton Street, Cardiff

£725,000

Business rates & charges may apply

David's Homes, Cardiff
SIZE

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SECTOR

Pub for sale

Key features

  • 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

Description

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

Brochures

Development at Clifton Street, Cardiff

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cardiff Queen Street Station0.6 miles
  • Cathays Station1.0 miles
  • Cardiff Central Station1.1 miles

Notes

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Disclaimer - Property reference CS0291. 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 David's Homes, Cardiff. 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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