Market Watch: Hern & Crabtree's Analysis of Property Trends in Cardiff

In the ever-evolving landscape of real estate, staying ahead of property trends is crucial for both buyers and sellers. As one of Cardiff's leading estate agents, Hern & Crabtree prides itself on its in-depth analysis of the local market, providing valuable insights to help clients make informed decisions. Join us as we delve into our latest findings and shed light on the current property trends shaping the vibrant city of Cardiff.

Rise of Urban Living

One prominent trend we've observed in Cardiff is the increasing demand for urban living spaces. With the city's bustling nightlife, cultural attractions, and thriving job market, more young professionals and students are opting to live in the heart of Cardiff. Properties in sought-after neighbourhoods such as Cardiff Bay, Roath, and Cathays are experiencing high demand, driving up prices and rental rates.

Investment Opportunities

Cardiff's status as a vibrant capital city also makes it an attractive destination for property investors. From buy-to-let apartments to commercial properties, there's no shortage of investment opportunities in Cardiff. The city's ongoing regeneration projects, such as the redevelopment of the Central Square area and the Cardiff Bay waterfront, further enhance its appeal to investors looking for long-term growth potential.

Demand for Family Homes

While urban living is on the rise, there's still a strong demand for family homes in Cardiff's suburban neighbourhoods. Areas like Rhiwbina, Whitchurch, and Lisvane offer spacious properties with excellent schools, parks, and amenities, making them ideal for families seeking a balanced lifestyle. Properties in these neighbourhoods tend to sell quickly, often attracting multiple offers from eager buyers.

Impact of Remote Work

The shift towards remote work brought about by the COVID-19 pandemic has also influenced property trends in Cardiff. With more people working from home, there's a growing demand for properties with home office spaces and high-speed internet access. This has led to increased interest in properties with flexible layouts and outdoor spaces, as homeowners prioritise comfort and convenience.

Sustainable Living

Sustainability is another key trend shaping the property market in Cardiff. As awareness of environmental issues grows, more buyers are seeking eco-friendly homes equipped with energy-efficient features such as solar panels, double glazing, and smart thermostats. Properties with green credentials not only appeal to environmentally conscious buyers but also offer long-term cost savings on utility bills.

Hern & Crabtree's Expertise

At Hern & Crabtree, we understand that navigating the property market can be challenging, especially in a dynamic city like Cardiff. That's why we're committed to providing our clients with expert guidance and personalised service every step of the way. Whether you're buying, selling, or renting, our team of experienced agents is here to help you achieve your real estate goals.

From conducting thorough market analyses to negotiating the best deals, we leverage our industry knowledge and local expertise to ensure a seamless and successful transaction. Whether you're a first-time buyer exploring your options or a seasoned investor looking to expand your portfolio, you can trust Hern & Crabtree to deliver exceptional results.

As Cardiff continues to evolve and grow, understanding the latest property trends is essential for anyone involved in the real estate market. With Hern & Crabtree's comprehensive analysis and expert guidance, you can stay informed and capitalise on opportunities in this dynamic city. Whether you're buying, selling, or investing, let us be your trusted partner in navigating Cardiff's ever-changing property landscape.

Sales

Our highly experienced team are well equipped with extensive local knowledge and expertise to assist in selling your property. Our sales progression team has been developed to ensure all parties are kept informed and the sales process moves forward smoothly.

Lettings & Property Management

We work with a number of landlords across Cardiff and the Vale of Glamorgan to manage and maintain their property. This includes finding suitable and reliable tenants while ensuring the property is well looked after and payments are managed.

Probate Services & Estate Management

Our Estate management and probate valuation services are available across the UK. We offer a bespoke service depending on the client’s needs and have experience working across Wales and England.

Land, New Homes & Part Exchange

We assist property developers of all sizes with many aspects of development land and new homes; assessing and finding potential development land sites, marketing and selling new build property and the valuation and disposal of part exchange property.

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Fees

Refundable Holding deposit - Capped at 1 weeks rent

Security Deposit - Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent - The agreed monthly rent

Changes to tenancy - Capped at £100 inc VAT

Early termination charge - Not exceeding the landlord’s financial losses

Late payment of rent - Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue

Replacement keys - Reasonable costs or give the tenant the option to purchase themselves

Utilities, council tax, communication services, TV Licence etc - Tenants own responsibility unless otherwise stated in contract