1-4, Chestnut Road, Cardiff, South Wales CF5 3HR
- PROPERTY TYPE
Detached
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- GUIDE PRICE - £430,000+
Description
Bidding opens Monday 16th March 2026 at Midday and closes Wednesday 18th March 2026 at Midday.
Freehold Mixed Use Investment with Development Opportunity
Buddsoddiad Defnydd Cymysg Rhydd-ddaliadol gyda Chyfle Datblygu
A detached retail parade comprising two mixed use investments, with respective ground floor commercial units together with two three-bedroom maisonettes above, and a separate ground floor double commercial unit and two separate three-bedroom maisonettes above.
We are advised that Unit 1-2 is currently let under a tenancy at will with a new 15 year lease being finalised at an annual rent of £11,000 per annum We understand that there will be a rent review in place for 2029 and every fifth year thereafter.
There is a lease in place for unit 3 along with 3A at £11,700 per annum which expires on the 28/10/2031.
There is a lease in place for unit 4 along with 4A at £11,000 per annum which expires on the 28/9/2032.
Therefore, the current annual income is £33,700 per annum.
There is no formal arrangement for the occupation of the maisonette at 1A. The three-bedroom maisonette above unit 2 being 2A is currently vacant.
There is scope for betterment by formally letting 1A and letting the currently vacant maisonette at 2A which would provide an additional income of circa £12,000 per annum per maisonette. Based on this, a combined gross annual income of £57,700 per annum could be achieved.
The parade at Chestnut Road is positioned overlooking green space and a parking area to the front, it has a good level of footfall and is located near a busy traffic light intersection. The area has a good array of shops, amenities and schools along with good transport links to the city centre and is also well positioned for the A48 and on to the M4. Each of the units have access to the rear yards for loading/access together with a balcony access to the maisonettes above. There is a narrow lawned area to the side of the parade which currently has an agreed head of terms and an extant planning permission which is included in the sale.
Rhodfa o unedau manwerthu ar wahân sy?n cynnwys dau fuddsoddiad cymysg, gydag unedau masnachol ar y llawr gwaelod ynghyd â dau fflat deulawr tair ystafell wely uwchben, ac uned fasnachol ddwbl ar wahân ar y llawr gwaelod a dau fflat deulawr tair ystafell wely uwchben.
Fe?n hysbysir bod Uned 1-2 ar hyn o bryd yn cael ei gosod o dan denantiaeth yn ôl dymuniad gyda phrydles newydd 15 mlynedd yn cael ei chwblhau am rent blynyddol o £11,000 y flwyddyn. Rydym yn deall y bydd adolygiad rhent ar waith ar gyfer 2029 a phob pum mlynedd wedi hynny.
Mae prydles yn weithredol ar gyfer uned 3 ynghyd â 3A am £11,700 y flwyddyn sy?n dod i ben ar 28/10/2031.
Mae prydles yn weithredol ar gyfer uned 4 ynghyd â 4A am £11,000 y flwyddyn sy?n dod i ben ar 28/9/2032.
Felly, yr incwm blynyddol presennol yw £33,700 y flwyddyn.
Nid oes trefniant ffurfiol ar gyfer meddiant yn y fflat deulawr yn 1A. Mae?r fflat deulawr tair ystafell wely uwchben uned 2, sef 2A, yn wag ar hyn o bryd.
Mae lle i gynyddu incwm drwy osod 1A yn ffurfiol a gosod y fflat deulawr sydd ar hyn o bryd yn 2A, a fyddai?n rhoi incwm ychwanegol o tua £12,000 y flwyddyn fesul fflat deulawr. Yn seiliedig ar hyn, gellid sicrhau incwm blynyddol gros cyfunol o £57,700 y flwyddyn.
Mae?r rhodfa yn Ffordd Chestnut yn edrych dros safle gwyrdd a maes parcio i?r blaen, mae ganddi lefel dda o gerddwyr yn pasio ac mae wedi?i lleoli ger croesffordd brysur sydd â goleuadau traffig. Mae gan yr ardal amrywiaeth dda o siopau, amwynderau ac ysgolion ynghyd â chysylltiadau trafnidiaeth da i ganol y ddinas ac mae hefyd mewn lleoliad da ar gyfer yr A48 ac ymlaen i?r M4. Mae gan bob un o?r unedau fynediad i?r iardiau cefn ar gyfer llwytho/mynediad ynghyd â mynediad balconi i?r fflatiau deulawr uwchben. Mae ardal gul o lawnt ar ochr y rhodfa sydd â phennawd telerau wedi?u cytuno ar hyn o bryd a chaniatâd cynllunio sy?n bodoli eisoes sydd wedi?i gynnwys yn y gwerthiant.
Tenancies/Tenantiaethau We are informed that the total current annual income is £33,700 per annum. Please refer to legal pack for further confirmation of tenancies, lease arrangements, agreed heads of terms and income.
Fe?n hysbysir bod y cyfanswm incwm blynyddol presennol yn £33,700 y flwyddyn. Cyfeiriwch at y pecyn cyfreithiol am gadarnhad pellach o denantiaethau, trefniadau prydles, penawdau telerau y cytunwyd arnynt ac incwm.
Viewings/Ymweliadau The vacant unit at 2A is available for inspection, please contact Auction House Wales on .
Mae?r uned wag yn 2A ar gael i?w harchwilio, cysylltwch ag Auction House Wales ar .
Council Tax Bands - Flat 1 - C
Flat 2 - C
Flat 3 - C
Flat 4 - C
Tenure: See Legal Pack
EPC Rating: C/D
Administration Fee: 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
- 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: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- 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.
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Energy performance certificate - ask agent
1-4, Chestnut Road, Cardiff, South Wales CF5 3HR
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Visit our security centre to find out moreDisclaimer - Property reference 202511271300sq_n705. 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 Auction House Wales, Wales. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House Wales, Wales on 01633 603922.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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