BRICK.
Merches Gardens, Cardiff
CF116SL
£350,000
Key numbers
Comp median
£300,000
+17% vs asking
Est. rent
£1,500/mo
5.1% gross yield
Condition
4/10
Needs work
LTT
£21,450
Running costs
£299/mo
2yr trend
-2.3%
fast liquidity
AI Summary
This is a heavily distressed 4-bedroom terraced house in Grangetown, Cardiff, listed at £350,000 — a price that sits meaningfully above the local comp median of £300,000 and raises serious questions about value given the property's condition. Extensive damp, mould, dated fixtures, and a small floor area of just 62m² mean a buyer should budget for a substantial renovation programme on top of the purchase price. The location offers genuine convenience to Cardiff city centre, but the combination of asking price, condition, deprivation ranking, and elevated crime rate means buyers should approach with caution and negotiate hard.
Comparable sales - 20 transactions
Median ARV
£300,000
Min
£55,000
Max
£847,500
5 VICARAGE MEWS
£335,000
58 CRADDOCK STREET
£230,000
116 TAFF EMBANKMENT
£345,000
10 WYNDHAM ROAD
£400,000
24 DORSET STREET
£224,500
~£1,500/mo
Regional estimate - live data unavailable for this area
Gross yield
5.1%
Land Transaction Tax (LTT) · Wales
Purchase price: £350,000 · Effective rate: 6.1%
£21,450
Land Transaction Tax is managed by the Welsh Revenue Authority. Higher rates apply to additional properties (BTL, second homes). No first-time buyer relief in Wales.
Due within 14 days of completion. Your solicitor typically handles filing and payment.
Mortgage Brokers
Whole-of-market mortgage broker · Free initial consultation
UK-wide online mortgage broker · Free, whole-of-market
Solicitors & Conveyancers
Online conveyancing · Fixed fees from £595 · No completion, no fee
Verified partners selected for your area. Always compare multiple quotes.
AI photo assessment
Condition
4/10
FairKerb appeal
6/10
Positives from photos
Concerns from photos
Cavity wall, filled cavity
Estimated annual saving of £78 if all EPC-recommended upgrades are completed
Wall insulation: ~£700. Could save ~£78/yr on energy.
Nearby schools
School data from OpenStreetMap. Check Ofsted for official inspection ratings.
Deprivation decile 2 of 10 (1 = most deprived, 10 = least deprived). Classified as "Highly deprived"
Crime - 711 incidents (2026-01)
Crime data from Police UK. Covers incidents reported within approximately 1 mile.
Low coal mining risk
Estimated monthly costs
£299/mo
EPC certificate (heating + hot water + lighting)
Estimated Band C from 62m² floor area
Regional average (Welsh Water)
Estimated UK average
Estimated from 62m² (Terraced)
These are estimates based on averages and EPC data. Actual costs will vary depending on usage, provider, and local authority rates.
Moderate transaction volume in this area.
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BRICK. Property Intelligence
Report prepared 27 March 2026
Data sources
HM Land Registry, EPC Register, Environment Agency, Police UK, OpenStreetMap, planning.data.gov.uk, Coal Authority, SpareRoom, and portal listing data. Market statistics derived from 30M+ recorded transactions.
Important
This report is for informational purposes only and does not constitute financial, legal, or investment advice. Property values, costs, and market data are estimates based on publicly available sources. While we strive for accuracy, we make no warranties about the completeness or reliability of the information. Always conduct your own due diligence and seek independent professional advice before making property decisions. Brickstack Ltd accepts no liability for any loss arising from the use of this report.
BRICK. Property Intelligence
Data: HM Land Registry, EPC Register, Environment Agency, Police UK, OpenStreetMap, planning.data.gov.uk, Coal Authority. Market statistics from 30M+ transactions.
This report is for informational purposes only and does not constitute financial, legal, or investment advice. Property values, costs, and market data are estimates based on publicly available sources. Always conduct your own due diligence and seek independent professional advice before making property decisions. Brickstack Ltd accepts no liability for any loss arising from the use of this report.
9 April 2026 | brickstack.co.uk