PROPERTY NEWS Housing news from the capital

At the Cardiff MIPIM launch last year

Future planning for Cardiff

Exhibition MOVING HOUSE The MIPIM (Marche International des Professionals d’Immobilier), considered the world’s largest property exhibition, which was due to happen in France this March, has been rescheduled to 2–5 June due to growing concerns related to the coronavirus (Covid-19). The Cardiff MIPIM 22 group are still hoping to attend the event held in Cannes, with the aim of showcasing all of South East Wales’ businesses and inward investment opportunities to the world. The Cardiff At MIPIM website states, ¹Cardiff and the Cardiff Capital Region will continue its drive to promote its ambitions for development in the region to the international real estate world at MIPIM 22.

¹4ed by Invest in Cardiff , the Cardiff Capital Region and partners in the fi elds of development, property consultancy and architecture, Cardiff will showcase a host of development, investment, and occupier opportunities throughout the city.”

The event attracts thousands of people each year, including 5, investors, 4,8 developers, and 5 journalists from across the globe. Keynote speakers in June are former French President Nicolas Sarkozy and Steve Wozniak, co-founder of Apple Inc. .Wr UWre" ___Kardiff a\UiXiUKW]S

Refurbishment OFFICE UPGRADE Having moved into Cardiff city centre last year, Portabella, the Cardiff -based property developers, have carried out a comprehensive refurbishment of their Nickel Yard oٻ ce on Baker’s Row to refl ect their design-led ethos and to create a working environment for the team to inspire future developments and projects. They say, “We collaborated with many existing suppliers alongside some new partnerships and are proud to have created a workspace which refl ects the personality of our business.º .Wr UWre" ___XWr\aJeTTaKW]S

Looking good at Portabella

Home buying HOUSE RULES James Thomas of Savills Cardiff shares his view of the city’s property scene

“Towards the end of last year, buyers were cautious about the future prospects of the market and sellers were reluctant to expose their properties to modest demand. However, this year, we have seen appetite return amongst buyers, who are feeling more confi dent and as a result, we have seen a huge increase in new buyer enquiries and viewing numbers, as well as requests for valuations from prospective sellers.

A bustling city, Cardiff off ers some of the very best cosmopolitan living found in the UK yet enveloped in an array of jaw-dropping coastline and countryside.”

Family homes in the established areas around Cardiff continue to drive demand, off ering a wealth in local amenities and straightforward commutability to Bristol, Bath and the Midlands, whilst apartments in the city centre and Cardiff bay area continue to remain desirable with professionals and fi rst-time buyers. The election may seem a distant memory, with widespread reports of a post-election bounce, however while sentiment has certainly lifted, and new buyer interest risen sharply, the market fundamentals have not changed overnight and there are many unknowns facing the economy as the Brexit deal is negotiated this year. The indicators are that maintaining the balance between buyer and seller expectations will remain critical to keep the market moving this year.” For more: www.savills.co.uk

Lake Road West, Roath Park

£799,950 EPC = E

Fronting highly prestigious Lake Road West with scenic views over the Lake, this detached large and impressive house of character includes many Art Deco features. Four bedrooms, down stairs cloak room, 15 ft lounge, 15 ft sitting room, breakfast room, pvc sun lounge, kitchen, utility room. Gas heating, extensive private parking, 32 ft garage and large gardens. No chain.

Llewelyn Goch, St Fagans

£485,000 EPC = C

A stunning generous well designed detached double fronted modern residence. Located in a private select close with outlooks that extend across to open fields. Providing first class living space with three reception rooms, five double bedrooms, cloak room, 19 ft kitchen & breakfast room, 16 ft dining room, 16 ft lounge, utility room, three bathrooms, double drive, 18 ft garage, sunny landscaped gardens. pvc double glazing, gas heating.