If a price tag of £750, 000 sounds rather eye-watering for a house for sale, and then the details of the property list it as an unfinished renovation project, then maybe some people might be confused.
But if that house is located on one of Cardiff’s most popular and expensive streets, offering a landmark address where the largest of the dream homes have been on the market for around £1m, then perhaps the auction guide price seems more of a ‘bargain’.
Cathedral Road in the trendy suburb of Pontanna is one of the main routes into the city centre, as well as a perfect location to live for access to some of the capital’s best open spaces; Llandaff Fields, Pontcanna Fields, and Bute Park.
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The street is also well-positioned for all the independent shops, café, restaurants and bars that this popular suburb can offer.
And this winning combination of doorstep access to social, shopping and outdoor spaces, as well as beautiful period properties to call home, has resulted in Pontcanna being named as one of the UK’s coolest postcodes – find out more about that here .
Currently a six-bed, three-storey, semi-detached house on the street is for sale for over £1. 1m with Hern and Crabtree, just a few blocks away from this auction house with potential.
And a terrace house similar to the auction lot, but with completed rooms and being comfortably lived in at the moment, has just gone in the marketplace for £900, 000, again with Hern and Crabtree.
But such is the popularity of this road, with its beautiful Victorian villas and mature trees lining the avenue into the city, that larger houses rarely become available along the street, and it is even rarer to find one of them going to auction.
Once completed, the auction house could be a stunning townhouse with stylish interiors plus high-end finishes.
Inspiration for finishing off the renovation could come from the homes along the street that have already been lavished with luxury and can now boast the label of posh pad – see inside a neighbour’s gorgeous transformed Cathedral Road house here .
The house going to auction used to be a bed and breakfast but is in the process of being converted back to a handsome, six-bed house that a new owner can finish converting into a dream home to their own specification.
The Cathedral Road Victorian villa is going to online auction with Seel & Co on Tuesday, February 14 with a guide price of £750, 000. Bidding will commence from midday on Monday, February 13 and conclude in order from Lot 1 at 4pm. For further information go to the company’s website or call 029 2037 0100.
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