CF23Cardiff

CF23 Central Cardiff

CF23 Central Cardiff investment guide. Average gross yield 3.9%, landlord's market rental demand.

3.9%avg gross yield

£280kavg sold price (548 sales, 12mo)

Landlord's marketrental demand

Article 4: No· Permitted development applies

Last updated May 2026

Average Gross Yield

3.9%

-3.6% vs Cardiff avg (7.5%)

Average Asking Price

£280,000

high confidence (548 sales)

Est. Monthly Rent

£1,255

2-bed · 3-bed £1,535 · 6.7% yield

Price Per Sq Ft

£341

City avg £270/sqft · 71 above average

Estimated Rent by Bedroom Count

Average asking rent and gross yield per bedroom count in CF23

1-bed

£918

per month

5.6% yield

2-bed

£1,255

per month

6.7% yield

3-bed

£1,535

per month

5.9% yield

4-bed

£2,026

per month

6.0% yield

Ownership mix

CF23 vs UK average · 24,451 dwellings · Source: ONS Census 2021

Mortgage-driven market: 36% owned with mortgage (6pp higher than the UK average of 30%).

Owned outrightNo mortgage on the property

34.3%(UK 32.9%)

+1.4pp vs UK

Owned with mortgageIncluding shared ownership

35.8%(UK 29.7%)

+6.1pp vs UK

Privately rented (BTL)Private landlord or letting agent

17.7%(UK 20.3%)

-2.6pp vs UK

Socially rentedCouncil or housing association

12.2%(UK 17.1%)

-4.9pp vs UK

Black tick = UK average. ONS Census 2021, TS054 (Tenure of household).

Yield by Property Type

Gross yield breakdown across property types in CF23

PropertyData.co.uk

Type	Gross Yield	Avg Price	Avg Rent/mo
Terraced →	7.2%	£245,972	£1,472
Semi-detached →	6.0%	£317,194	£1,591
Detached →	3.9%	£537,533	£1,751
Flat →	8.1%	£185,367	£1,245

Explore by strategy

Live data for each property type across Cardiff.

HMO Terraced Semi-detached Detached Flats Student lets New build Strategy primers →

About CF23 Central Cardiff (CF23, Cardiff)

CF23 attracts property investors seeking solid rental yields in an established Cardiff location. With an average gross yield of 3.9% and asking prices around £280,000, the area offers accessible entry points for portfolio builders looking to capitalise on a landlord's market with strong tenant demand.

The tenant demographic is notably diverse, with 2-bedroom properties commanding the highest yields at 6.7% and attracting professional renters and young families. 1-bedroom units (5.6% yield) appeal to single professionals and students, while larger 3 and 4-bedroom homes (5.9-6% yield) target family households, indicating broad appeal across multiple market segments.

Investors should monitor local competition, as the landlord's market status suggests rental demand may fluctuate with broader economic conditions and student housing supply. Property condition and management efficiency are critical—yields vary meaningfully by bedroom count, so detailed financial modelling of specific units is essential before purchase.

Sold Price Trend - CF23

Average sold price, last 8 quarters

-19.7% over 2 years

Flip Activity - CF23

Same property bought and sold within 18 months, last 24 months

→ vs prior 24 months

Flips

last 24 months

Median uplift*

+33.7%

after HPI adjust

Median hold

12 mo

Flip rate

0.3%

of all sales

Recent case studies

chapel wood

Terraced

Bought Jan 25

£143k

Sold Oct 25

£220k

9 mo+51.4%*

Gross 53.8%

glyn collen

Terraced

Bought Feb 24

£170k

Sold Aug 25

£235k

18 mo+33.7%*

Gross 38.2%

hurford place

Semi

Bought May 23

£270k

Sold May 24

£317k

12 mo+17.9%*

* Real uplift after ONS regional House Price Index adjustment. Freehold and leasehold included; leasehold flips flagged as lease-extension status is not verifiable from public data. Source: HM Land Registry Price Paid Data.

Planning & Licensing - CF23

Restrictions that affect HMO and buy-to-let investors in this postcode district

✓

Article 4 Direction (HMO)Not in effect

HMOs of up to 6 occupants (C4 use class) can be created without planning permission in this area.

✓

Selective LicensingNot in effect

✓

Additional HMO LicensingNot in effect

Article 4 directions cover parts of Cardiff. The exact street-level coverage varies — confirm with the council before exchanging.

Planning information is for guidance only. Always verify with the local planning authority before purchasing. Data correct as of April 2026.

Nearby Postcodes

Adjacent areas with comparable investment profiles

CF115.7%

Canton & Riverside Growth

City Centre & Cathays

Cardiff

View area guide

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