2 Bed Flat, Single Let, Cardiff, CF11 7BA, £135,000

Ferndale Street, Cardiff, CF11 7BA - 2 years ago

Sold STC
BTL
ROI: 5%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£115K - £234.9K
Sold Prices/m²£1.9K/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2K/m²

Value Estimate

£164,331
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£7,950

Total Cash In

£41,700

 

 

Cash Out

 

Rent Range

£750 - £1,927

Rent Estimate

£750

Running Costs/mo

£592

Cashflow/mo

£158

Cashflow/yr

£1,898

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £115K to £234.9K, average is £170K. £1.9K/m² to £4K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£172.5K06/230.32 mi21, Virgil Court, Cardiff CF11 6PE2
£142K08/210.33 mi1b, Pendyris Street, Cardiff CF11 6RJ2
£171K12/220.41 miFlat 28, Century Court, Taffs Mead Embankment, Cardiff CF11 6RL2
£135K07/210.48 mi202, Taff Embankment, Cardiff CF11 7BP2
£140K06/210.52 mi216b, Clive Street, Cardiff CF11 7JG2
£170K05/210.53 mi106, Jim Driscoll Way, Cardiff CF11 7JR2
£210K03/230.53 mi131, Jim Driscoll Way, Cardiff CF11 7JR2
£215K12/220.54 mi1, Waterhouse Drive, Cardiff CF11 8AY2
£160K07/230.57 miFlat 6, Edward House, Plantagenet Street, Riverside, Cardiff CF11 6AT2
£147.5K04/210.57 mi19, Reresby Court, Cardiff CF10 5NR2
£156.6K09/230.57 mi13, Reresby Court, Cardiff CF10 5NR2
£152K02/210.57 mi49, Reresby Court, Cardiff CF10 5NR2
£165K08/230.57 mi32, Reresby Court, Cardiff CF10 5NR2
£146K06/210.57 mi64, Reresby Court, Cardiff CF10 5NR2
£132.8K04/210.57 mi32, Reresby Court, Cardiff CF10 5NR2
£152.5K10/210.57 mi10, Reresby Court, Cardiff CF10 5NR2
£152.5K02/210.57 mi61, Reresby Court, Cardiff CF10 5NR2
£162K12/220.57 mi56, Reresby Court, Cardiff CF10 5NR2
£234.9K10/210.61 mi104, Judkin Court, Cardiff CF10 5AX2
£233K04/230.61 mi102, Judkin Court, Cardiff CF10 5AX2
£230K01/230.61 mi156, Judkin Court, Cardiff CF10 5AX2
£170K02/230.63 mi18, Jim Driscoll Way, Cardiff CF11 7JA2
£115K02/210.64 mi137a, Ninian Park Road, Cardiff CF11 6HX2
£175K02/210.65 miFlat 9, Dray Court, Caroline Street, Cardiff CF10 1FQ2
£190K01/230.65 mi61, Judkin Court, Cardiff CF10 5AU2
£185K07/210.65 miFlat 14, Kenilworth House, Westgate Street, Cardiff CF10 1DJ2
£170K12/220.66 mi56, Jim Driscoll Way, Cardiff CF11 7JL2
£147K05/210.67 mi45, Carlotta Way, Cardiff CF10 5FY2
£152K03/210.67 mi18, Carlotta Way, Cardiff CF10 5FY2
£150K05/210.67 mi15, Carlotta Way, Cardiff CF10 5FY2
£159.5K07/230.67 miFlat 6, Branksome House, Westgate Street, Cardiff CF10 1DF2
£140K02/210.68 miFlat 8, Branksome House, Westgate Street, Cardiff CF10 1DF2
£153K02/210.68 miFlat 19, Branksome House, Westgate Street, Cardiff CF10 1DF2
£140K12/200.69 mi40 The Granary, Magretian Place, Cardiff CF10 4BR2
£188K02/230.69 mi13 The Granary, Magretian Place, Cardiff CF10 4BR2
£175.5K07/230.69 mi37 The Granary, Magretian Place, Cardiff CF10 4BR2
£210K07/230.7 miFlat 14a, Kenilworth House, Westgate Street, Cardiff CF10 1DJ2
£172.5K07/230.7 mi91, Jim Driscoll Way, Cardiff CF11 7JN2
£207.5K09/210.71 miFlat 12, Dunraven House, Westgate Street, Cardiff CF10 1DL2
£173K07/230.71 miFlat 102, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£177K10/200.71 miFlat 234, Altolusso, Bute Terrace, Cardiff CF10 2FH2
£200K10/200.71 miFlat 117, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£153K04/210.71 miFlat 174, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£168K08/210.71 miFlat 263, Altolusso, Bute Terrace, Cardiff CF10 2FH2
£155K10/210.71 miFlat 107, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£176K02/230.71 miFlat 55, Altolusso, Bute Terrace, Cardiff CF10 2FF2
£225K06/230.71 miFlat 183, Altolusso, Bute Terrace, Cardiff CF10 2FH2
£180K12/220.71 miFlat 160, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£222.5K12/220.71 miFlat 12, Dunraven House, Westgate Street, Cardiff CF10 1DL2
£185K05/210.72 miFlat 14, Raglan House, Westgate Street, Cardiff CF10 1DN2

Local Rents

50 rents from £750/mo to £1.9K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£95003/240.03 miCoed Cae Street, Grangetown, CARDIFF2
£75005/240.03 miCoed Cae Street, Grangetown, Cardiff2
£89501/240.04 mi-2
£1,65003/240.1 miTaff Embankment, CARDIFF2
£1,65003/240.1 miTaff Embankment, CARDIFF2
£1,20005/240.11 miTaff Embankment, Grangetown, Cardiff2
£1,10003/250.21 mi-2
£1,10003/240.22 miDevon Place, Cardiff2
£1,17503/240.23 mi-2
£1,00003/240.23 miBishop Street, Grangetown2
£1,00003/240.23 miBishop Street, Grangetown2
£1,10004/240.23 miThe Old Library, Grangetown2
£1,09902/240.25 mi-2
£1,20005/240.25 miMerches Gardens, Cardiff(City), CF112
£75003/240.27 miCornwall Street, Cardiff, CF11 6PP2
£1,10005/240.27 mi-2
£95003/240.27 miRookwood Street, Grangetown2
£1,20004/240.28 miCornwall Street, Cardiff(City), CF112
£1,10003/240.28 miDevon Street, Grangetown, Cardiff2
£1,15003/240.3 miTynant Street, Grangetown, Cardiff2
£1,10003/240.31 miRutland Street, CARDIFF2
£1,10004/240.31 miRutland Street, CARDIFF2
£1,05004/240.31 miRutland Street, CARDIFF2
£1,10005/240.31 miRutland Street, CARDIFF2
£1,05004/240.32 miVirgil Street, Grangetown2
£1,55004/240.33 miApartment 34 Brickworks, Trade Street, Cardiff, CF10 5EG2
£1,42504/240.33 miApartment 19, Brickworks, Trade Street, Cardiff, CF10 5EG2
£1,10003/240.35 miCourt Road, Grangetown, Cardiff2
£1,10003/240.36 miBromsgrove Street, Grangetown2
£1,85503/240.37 mi Dumballs Road, Cardiff(City), CF102
£1,85503/240.37 mi Dumballs Road, Cardiff(City), CF102
£1,44503/240.37 mi-2
£1,90503/240.37 mi Dumballs Road, Cardiff(City), CF102
£1,88503/240.37 mi Dumballs Road, Cardiff(City), CF102
£1,76003/240.37 mi Dumballs Road, Cardiff(City), CF102
£1,76003/240.37 mi Dumballs Road, Cardiff(City), CF102
£1,71503/240.37 mi Dumballs Road, Cardiff(City), CF102
£1,65003/240.37 mi Dumballs Road, Cardiff(City), CF102
£1,65503/240.37 mi Dumballs Road, Cardiff(City), CF102
£1,60003/240.37 mi Dumballs Road, Cardiff(City), CF102
£1,58003/240.37 mi Dumballs Road, Cardiff(City), CF102
£1,73003/240.37 mi Dumballs Road, Cardiff(City), CF102
£1,79003/240.37 mi Dumballs Road, Cardiff(City), CF102
£1,59003/240.37 mi Dumballs Road, Cardiff(City), CF102
£1,58003/240.37 mi Dumballs Road, Cardiff(City), CF102
£1,59003/240.37 mi Dumballs Road, Cardiff(City), CF102
£1,60003/240.37 mi Dumballs Road, Cardiff(City), CF102
£1,79003/240.37 mi Dumballs Road, Cardiff(City), CF102
£1,64203/240.37 mi Dumballs Road, Cardiff(City), CF102
£1,92703/240.37 mi Dumballs Road, Cardiff(City), CF102

Local Area Statistics

Population in CF11

36,147

Population in Cardiff

357,494

Town centre distance

2.21 miles away

Nearest school

0.20 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Price changed to £135,000

December 26, 2024

Listed for £140,000

July 26, 2023

Floor Plans

Description

  • Council Tax Band - C +
  • First Floor Apartment +
  • On Street Permit Parking +
  • Share of Freehold +
  • Close to Cardiff City Centre +

SUMMARY
Located in the sought after area of Grangetown and being sold with NO ONGOING CHAIN is this PERFECT First Time Buy or Investment Property! This flat is just walking distance to Cardiff City Centre that houses all local amenities and attractions!!!

DESCRIPTION
Located in the sought after area of Grangetown is this first floor two bedroom flat within a converted house! This property would make a PERFECT First Time Buy or Investment Purchase. The flat is just walking distance to local high street and Cardiff City Centre that houses all local amenities and attractions!!! Internally the property comprises entrance hall, lounge, kitchen, master bedroom, bedroom two and bathroom. There is resident permit parking on street to the front of the property. To the rear is fire escape access through the garden. Viewings are highly recommended for this property. To book call or book via our website

Entrance Hallway 

First Floor Landing 

Living Room 10' 1" x 8' 2" ( 3.07m x 2.49m )

Kitchen 6' 2" x 10' 1" ( 1.88m x 3.07m )

Master Bedroom 10' 10" x 13' 11" ( 3.30m x 4.24m )

Bedroom Two 12' 9" x 9' ( 3.89m x 2.74m )

Bathroom 

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER PETER ALAN NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Peter Alan, Canton

029 2271 6271

Next Steps?

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