3 Bed Flat, Single Let, Cardiff, CF11 0SF, £270,000

Victoria Wharf, Cardiff, CF11 0SF - 2 years ago

Leasehold
BTL
ROI: 5%
~104 m²
+13 photos

ValuationOvervalued

Sold Prices£145K - £485K
Sold Prices/m²£1.1K/m² - £3.6K/m²

 

 

Square Metres

~104.40 m²
Price/m²£2.6K/m²

Value Estimate

£180,834

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£10,300

Total Cash In

£77,800

 

 

Cash Out

 

Rent Range

£1,200 - £4,050

Rent Estimate

£1,500

Running Costs/mo

£1,164

Cashflow/mo

£336

Cashflow/yr

£4,035

ROI

5%

Gross Yield

7%

Local Sold Prices

13 sold prices from £145K to £485K, average is £210K. £1.1K/m² to £3.6K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£145K10/200.3 mi3, Little Dock Street, Penarth, The Vale Of Glamorgan CF64 2JT3
£187K09/210.58 mi148, Campbell Drive, Cardiff CF11 7TQ3
£205K02/210.58 mi142, Campbell Drive, Cardiff CF11 7TQ3
£215K07/230.59 mi17, Kestell Drive, Cardiff CF11 7BF3
£145K06/210.6 mi2, Queens Road, Penarth, The Vale Of Glamorgan CF64 1DH3
£475K03/210.8 mi12, Pembroke Terrace, Penarth, The Vale Of Glamorgan CF64 1DE3
£220.5K04/210.98 miFlat 30, Albany Court, Beach Road, Penarth, The Vale Of Glamorgan CF64 1JU3
£255K05/231.01 miFlat 6, St. Donats House, Kymin Road, Penarth, The Vale Of Glamorgan CF64 1AS3
£318K06/211.16 mi25, Sea Bank, Penarth, The Vale Of Glamorgan CF64 3AR3
£205K12/221.32 mi15, Judkin Court, Cardiff CF10 5AU3
£210K10/201.96 miFlat 20, Roxby Court, Craiglee Drive, Cardiff CF10 4AG3
£192K08/211.99 mi20, Clare Street, Cardiff CF11 6BB3
£485K06/212.67 miApartment 3, Magnolia, Cathedral Road, Cardiff CF11 9QH3

Local Rents

36 rents from £1.2K/mo to £4K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£2,20004/240 miAlexandria, Victoria Wharf, Cardiff Bay3
£1,50010/240.01 mi-3
£1,65005/240.04 miWatkiss Way, Cardiff3
£1,90003/240.05 miWatkiss Way, Cardiff Bay3
£1,55005/240.05 miMarina View, Watkiss Way, Cardiff Bay3
£1,65005/240.06 miWatkiss Way, Cardiff3
£1,85003/240.12 miAlexandria, Victoria Wharf,3
£1,90004/240.12 miAlexandria, Victoria Wharf,3
£2,25003/240.12 miVictoria Wharf, Cardiff Bay3
£1,55005/240.12 miVictoria Wharf, Cardiff Bay3
£1,80004/240.15 miVictoria Wharf, Watkiss Way, Cardiff3
£1,80004/240.15 miVictoria Wharf, Watkiss Way, Cardiff3
£1,50012/230.15 mi-3
£2,10004/240.15 miPicton, Victoria Wharf3
£1,80004/240.15 miPicton, Victoria Wharf3
£2,20005/240.15 miVictoria Wharf, Cardiff3
£1,75012/240.22 miPierhead View, Penarth3
£1,62502/250.29 mi-3
£2,00005/240.3 miFrancis Street, Cardiff Bay3
£2,30003/240.3 miFrancis Street, Cardiff Bay 3
£1,25012/240.31 mi-3
£1,60003/240.32 miEmpire Way, Cardiff Bay3
£2,60012/240.37 mi-3
£2,50012/240.37 mi-3
£2,80002/250.37 mi-3
£2,30002/250.37 mi-3
£2,30003/250.37 mi-3
£2,99901/250.42 mi-3
£1,52512/240.42 mi-3
£3,40012/240.42 mi-3
£1,20001/250.46 mi-3
£4,00005/240.54 mi-3
£4,05012/240.54 mi-3
£3,50001/250.54 mi-3
£1,60010/230.55 mi-3
£1,70012/240.55 mi-3

Local Area Statistics

Population in CF11

36,147

Population in Cardiff

357,494

Town centre distance

3.68 miles away

Nearest school

0.40 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Listed for £270,000

July 24, 2023

Floor Plans

Description

  • Stunning Three Bedroom Apartment +
  • Prestigious Gated Development +
  • Balcony With Extensive Water Views +
  • Family Bathroom And Master En-Suite +
  • Spacious Layout +
  • Allocated Parking +
  • Excellent Transport Links +

The Property
We are delighted to present to market this stylish three bedroom executive apartment of generous proportions, which has been adapted and updated for luxury contemporary living.

Located on the sixth floor with lift access, the property boasts a large balcony offering wonderful views over Cardiff Bay and the marina. There is a large open plan reception/living room, newly fitted kitchen in a contemporary handleless design with feature porthole window, integrated appliances, and benefits from additional built in recessed floor to ceiling storage in matching cabinetry. There are three double bedrooms, the master benefiting from a recently re-fitted and fully tiled en-suite shower room, as well as bi-folding doors that can open up onto the main living area providing flexible space for use as an additional reception/office space. There is also a generous family bathroom with bath and shower over, and generous storage to the hallway.

Victoria Wharf is a prestigious development with gated access, secure intercom entry, 24hr concierge service and allocated parking as well as visitor parking. The development is situated in a convenient location with easy access to the M4 and Cardiff City centre with public transport links nearby.

This is an impressive property with wow factor and early viewing is highly recommended. Book instantly on the Purplebricks 24/7 web portal, via telephone, or our mobile app.

Lease term: 125 years from 24 June 2005

Service charge: £5,500 per year

Ground rent: £200

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 22/06/2128

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Agent Details

Purplebricks, covering Cardiff

029 2271 2091

Next Steps?

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