Development at Clifton Street, Cardiff

Property Details: • Type: Ask agent • Tenure: N/A • Floor Area: N/A

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

Location: • Nearest Station: Cardiff Queen Street Station • Distance to Station: 0.6 miles

Agent Information: • Address: Pen-Y-Wain Road, Roath, Cardiff, CF24 4GG

Full 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