A substantial semi-detached property in Penarth, currently arranged as multiple self-contained apartments and studio rooms, is offered vacant with investment and redevelopment potential.

• Lower ground floor: entrance, lounge, kitchen, three rooms and bathroom
• Ground floor: entrance porch, living room/kitchen, two bedrooms and bathroom
• First floor: three studio rooms and a shared bathroom
• Second floor: lounge, kitchen, bathroom and one bedroom
• Previous gross annual rental income reported at £55,140; estimated potential gross rent of approximately £65,000–£70,000 per annum
• Potential to split the title and sell units individually, or reconfigure as a single dwelling
• EPC ratings: D for the garden, ground-floor and first-floor flats; E for the top-floor flat

The property is in Penarth, a sought-after seaside town with a Victorian esplanade and pier, town-centre amenities, schooling and public transport links to Cardiff and Barry. The tenure is stated as subject to the legal pack, so buyers should review it to establish the ownership terms. The listing notes scope for reconfiguration and a potential single-dwelling resale value exceeding £1 million; purchasers should assess the condition, legal information and rental assumptions independently.