CPS Homes

Strong summer demand in Cardiff Bay – Lettings Market Update

Title Image - Lettings Market Update Summer 2021

The Bay turns into a hive of activity at the slightest sight of the sun – and the area’s property market is no different. We're getting daily enquiries from prospective tenants looking for all types of properties and those of all different sizes. Included below are just a handful of properties that have let this month, many of which are achieving record-high rental yields due to the increased demand.

Cardiff House Century Wharf - Watch the video tour

Porto House Century Wharf - Watch the video tour

Who is looking to rent in Cardiff Bay?

Many enquiries have come from young professionals and recent Cardiff graduates who feel that moving from student areas of the city to the Bay is an obvious transition. Having recently secured their first full-time jobs, with the Bay being only a little more expensive than what they’re used to paying in student houses, it makes perfect sense. A lot are away for the summer and start in their new roles in September, so are looking for a tenancy to start around then.

But it’s not just recently Uni leavers who love the Bay. So do couples who are moving in together for the first time. Is there anything nicer than a hand-in-hand stroll along the barrage as the sun sets?!

Overstone Court Dumballs Road - Watch the video tour

Maia House Celestia - Watch the video tour

Don't forget to take a look at the professional video tours we've been producing - some of these properties have been rented solely of the back of the high quality online viewing.

Many of our Cardiff Bay properties are letting within a matter of days (sometimes even hours!) so we quite simply need more rental properties on our books...

St James Mansions, Mount Stuart Square - Watch the video tour

Seager Drive, Windsor Quay - Watch the video tour

We want your property!

We would love to hear from you if you have a property you're looking to let in Cardiff Bay or the surrounding areas. We offer services to suit everyone - we can fully manage your property (at competitive rates) so you don’t have to deal with the day to day hassles, or we can simply collect the rent each month. It’s up to you.

If you’d like to take advantage of this surge in Bay interest, I’d urge you to do so before the summer is out. For a chat about how we can help, get in touch with Jordan on 02920 454555 or email jordan.parry@cpshomes.co.uk.

Alternatively, if you know of anybody who is considering letting a property in the Bay, pass this email across to them and we’ll help them find their first tenants. You can even earn £50 with our Landlord Referral Scheme.

20 August 2021

The information contained within this article was correct at the date of publishing and is not guaranteed to remain correct in the present day.

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