Made up of many independent businesses, and various cultural activities, and with rural areas situated nearby, Cardiff is a capital city like no other. Walking down the streets of the capital city will leave you with a friendly aura given the size of the capital, too.
There is a growing student and young professionals population which also adds to the attractiveness of the city. If you were wondering if this city is one worth investing in, then these reasons alone should answer the question for you. However, let’s take a look at a few other reasons why investing in Cardiff is a profitable choice.
The Cardiff Council has a bold vision to revitalize Atlantic Wharf. The area, which serves as the gateway to Cardiff Bay, is set to become a unique destination, offering a blend of entertainment, shopping, and relaxation, alongside a mix of hotels and residential apartments.
The upcoming Cardiff Parkway railway station will offer direct seven-minute connections to Cardiff and Newport city centres, as well as mainline train services to Bristol, London, and beyond. With the potential to create around 6,000 jobs, it will serve as a key transport hub, providing access to employment opportunities across the region.
The Canal Quarter project encompasses a new public square that adds high-quality public space to the city centre, designed to maximize green infrastructure and host diverse events. The site's centrality to the city's railway infrastructure, adjacent to Queen Street railway station and a 5-minute walk from Cardiff Central, enhances its accessibility.
With a population of approximately 44,400, if you're considering Cardiff property investment, the city centre offers some of the lowest property prices, with an average asking price of £203,291 and rental returns of almost 6%. This area is popular with young professional and student tenants, making it a good option for investors seeking high demand and low void periods.
With a population of 60,300, the Cardiff South East area offers an excellent investment opportunity. It includes areas like Cardiff Bay, Llandaff, and surrounding valleys, featuring terraced houses, parks, sports facilities, recreational activities, and vibrant shopping, dining, and entertainment options. The average house price is £233,324, with an average rental yield of 7.30%.
The North West area, with a population of over 24,000, is situated in the Welsh valleys, 12 miles from Cardiff. The average property price is £160,786, with an average rental yield of 8.50%. Once a mining town, property here offers good value, with excellent road and rail links to Cardiff, making Pontypridd a popular choice for those seeking affordability and convenient access to the capital.
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