Top areas in Cardiff for first-time buyers
If you are looking to get on the property ladder, then Cardiff is certainly an attractive area to explore, currently going through a time of change. With many exciting commercial developments being carried out in the city, Cardiff is fast becoming an increasingly popular place to lay down your roots, with professional opportunities and rich culture sewn through the tapestry of the capital.
While once industrial wasteland, over the last decade or so Cardiff Bay has been transformed into an area full of stunning new-builds; being a popular dwelling spot for the young professionals of the city. From access to its own train station with frequent links to the city, to The Bay Circle bus route links; Cardiff Bay exists as its own, self-contained community.
With regards to food, drink and entertainment, Cardiff Bay is bursting with attractive qualities, housing Mermaid Quay, Welsh Millennium Centre as well as the Cardiff International Sports Village. In addition to the aforementioned, Cardiff Bay also boasts its own retail park, with big brands such as Ikea, Asda, Argos and JD Sports all central to those lucky enough to live there.
With an average asking price of £163,968, you can get a great deal for your money in Cardiff Bay, making the area a sound investment for those just making their first steps on the property ladder.
The ripple effect of Cardiff's popularly has spread to areas such a Grangetown in recent years, its close connections to Cardiff Bay and the city centre makes buying in Grangetown look like even more of a lucrative investment . With an incredible sense of community, Grangetown is full of eateries as well as leisure facilities; and all on the doorstep of the city centre!
A recent survey put the average house price in Grangetown at £161,938; a perfect location for those that wish to remain in Cardiff but do not want to pay city prices.
Sat on the fringe of the city, Splott is also another hotspot for first time buyers, with its close proximity to the centre making it accommodating for city commuters without the high asking price that central properties demand.
From the famous indoor market to the cluster of shops, restaurants and cafes found on Splott Road, Splott is fast filling with young professionals and families looking to settle down. Recently announcing that the area will welcome a new Welsh language school over the course of the next few years, many young families looking for great schools may flock to Splott, equally persuaded by the relatively low house prices.
At present, the average house price is Splott sits at £142,735; cheaper than nearby Adamsdown (£173,018), Atlantic Wharf (£155,091) and Roath (£284,377).
Canton is an inner city neighbourhood to the west of Cardiff city centre. As a multicultural area, Canton welcomes students, graduates as well as families. Giving us the Chapter Arts Centre, a major centre for contemporary arts, Canton has recently been named one of the trendiest places to live in the UK, hence its huge interest from younger house buyers.
From its row of shops and restaurants on Cowbridge Road East to the gorgeous Victoria and Thompson Parks, there are plenty of things to see and do in Canton.
Situated close to Llandaff and Pontcanna, the house prices have plenty of growth potential also, being another reason more and more first-time buyers are finding Canton appealing.
Currently, the average house price in Canton stands at £225,081, being slightly more expensive than Splott and Cardiff Bay. This is mainly due to the type of properties found in Canton, with lots of larger, three-bedroom homes built in the Victorian era found there.
If you are a first time buyer and would like to learn more about the various properties for sale in Cardiff, visit the Mr Homes website today - http://www.mr-homes.co.uk/