2 Bed Flat, Single Let, Cardiff, CF10 1AQ, £325,000

The Hayes, Cardiff, CF10 1AQ - 2 years ago

Leasehold
Auction
BTL
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£110K - £532.5K
Sold Prices/m²£1.8K/m² - £3.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£183,681

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Rent Range

£950 - £2,600

Rent Estimate

£1,100

Running Costs/mo

£1,256

Cashflow/mo

£-156

Cashflow/yr

£-1,867

Gross Yield

4%

Local Sold Prices

50 sold prices from £110K to £532.5K, average is £180K. £1.8K/m² to £3.2K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£175K02/210.09 miFlat 9, Dray Court, Caroline Street, Cardiff CF10 1FQ2
£173K07/230.21 miFlat 102, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£200K10/200.21 miFlat 117, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£153K04/210.21 miFlat 174, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£168K08/210.21 miFlat 263, Altolusso, Bute Terrace, Cardiff CF10 2FH2
£155K10/210.21 miFlat 107, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£176K02/230.21 miFlat 55, Altolusso, Bute Terrace, Cardiff CF10 2FF2
£225K06/230.21 miFlat 183, Altolusso, Bute Terrace, Cardiff CF10 2FH2
£180K12/220.21 miFlat 160, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£159.5K07/230.26 miFlat 6, Branksome House, Westgate Street, Cardiff CF10 1DF2
£140K02/210.26 miFlat 8, Branksome House, Westgate Street, Cardiff CF10 1DF2
£153K02/210.26 miFlat 19, Branksome House, Westgate Street, Cardiff CF10 1DF2
£532.5K06/230.28 miApartment 25, Parkview, Greyfriars Road, Cardiff CF10 3AL2
£322K06/230.28 miApartment 17, Parkview, Greyfriars Road, Cardiff CF10 3AL2
£210K07/230.29 miFlat 14a, Kenilworth House, Westgate Street, Cardiff CF10 1DJ2
£222.5K12/220.3 miFlat 12, Dunraven House, Westgate Street, Cardiff CF10 1DL2
£207.5K09/210.3 miFlat 12, Dunraven House, Westgate Street, Cardiff CF10 1DL2
£185K05/210.32 miFlat 14, Raglan House, Westgate Street, Cardiff CF10 1DN2
£185K07/210.32 miFlat 14, Kenilworth House, Westgate Street, Cardiff CF10 1DJ2
£171K12/220.4 miFlat 28, Century Court, Taffs Mead Embankment, Cardiff CF11 6RL2
£160K07/230.43 miFlat 6, Edward House, Plantagenet Street, Riverside, Cardiff CF11 6AT2
£142K08/210.48 mi1b, Pendyris Street, Cardiff CF11 6RJ2
£182.5K06/210.48 miFlat 10, Jellicoe Court, Atlantic Wharf, Cardiff CF10 4AJ2
£215K05/210.48 miFlat 23, Spillers & Bakers, Llansannor Drive, Cardiff CF10 4BX2
£197K03/210.48 miFlat 29, Spillers & Bakers, Llansannor Drive, Cardiff CF10 4BX2
£162.5K05/210.49 miFlat 8, Anson Court, Atlantic Wharf, Cardiff CF10 4AL2
£177.5K11/200.49 miFlat 14, Beatty Court, Schooner Way, Cardiff CF10 4DU2
£180K09/230.51 mi8 York Court, Schooner Way, Cardiff CF10 4DY2
£270K03/210.51 miApartment 5, City Wharf, Atlantic Wharf, Cardiff CF10 4HG2
£203.8K04/230.53 miFlat 9, Earl Cunningham Court, Schooner Way, Cardiff CF10 4DX2
£115K04/210.57 mi22, Lower Cathedral Road, Cardiff CF11 6LT2
£148K03/210.58 mi54, Schooner Way, Cardiff CF10 4EQ2
£110K02/210.59 miFlat 13, Kirkby Court, Craiglee Drive, Cardiff CF10 4BS2
£188K02/230.65 mi13 The Granary, Magretian Place, Cardiff CF10 4BR2
£175.5K07/230.65 mi37 The Granary, Magretian Place, Cardiff CF10 4BR2
£140K12/200.66 mi40 The Granary, Magretian Place, Cardiff CF10 4BR2
£232K04/230.67 mi73, Cowbridge Road East, Cardiff CF11 9AF2
£185K09/230.67 mi23, Corvette Court, Cardiff CF10 4NL2
£115K03/230.68 mi63, Clos Dewi Sant, Canton, Cardiff CF11 9EX2
£160K07/210.68 miApartment 16, Amity Court, Longueil Close, Cardiff CF10 4EA2
£186K07/210.68 miApartment 9, Amity Court, Longueil Close, Cardiff CF10 4EA2
£165K12/200.68 mi57, Corvette Court, Cardiff CF10 4NN2
£190K05/230.68 mi50, Corvette Court, Cardiff CF10 4NN2
£220K03/230.69 mi86, Clos Dewi Sant, Canton, Cardiff CF11 9EX2
£185K03/210.71 mi29, Clos Dewi Sant, Canton, Cardiff CF11 9EW2
£185K03/210.71 mi29, Clos Dewi Sant, Canton, Cardiff CF11 9EW2
£158K05/210.71 mi14, Clos Dewi Sant, Canton, Cardiff CF11 9EW2
£180K10/210.71 mi7, Clos Dewi Sant, Canton, Cardiff CF11 9EW2
£185K05/210.71 mi37, Clos Dewi Sant, Canton, Cardiff CF11 9EW2
£185K03/210.71 mi29, Clos Dewi Sant, Canton, Cardiff CF11 9EW2

Local Rents

50 rents from £950/mo to £2.6K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,50003/240 miHayes Apartments, Cardiff2
£1,50005/240 miHayes Apartments, Cardiff2
£1,45003/240 miThe Hayes Apartments, Cardiff, CF10 1AQ2
£1,50004/240 miThe Hayes, Cardiff2
£1,40003/240.03 miThe Hayes, CARDIFF2
£1,40004/240.03 miHayes Apartments, city centre2
£1,50003/240.03 miThe Hayes, Cardiff, Cardiff (County of), CF102
£1,40004/240.03 miHayes Apartments, city centre2
£95004/240.04 miDavid Morgan Apartments, Barry Lane, Cardiff2
£1,85004/240.04 miBarry Lane, Cardiff2
£1,55004/240.04 miThe Hayes, Cardiff2
£1,40003/240.04 miThe Hayes, Cardiff2
£1,40004/240.04 miThe Hayes, Cardiff2
£1,50004/240.05 miHayes Apartments, Cardiff City Centre2
£1,20003/240.05 miHayes Apartments, Cardiff City Centre, CF10 1BL2
£1,50003/240.05 miThe Hayes, CARDIFF2
£1,50003/240.05 miThe Hayes, Cardiff(City), CF102
£1,35003/240.08 miThe Hayes Apartments, The Hayes, Cardiff2
£1,50004/240.08 miHayes Apartments, Yr Aes2
£1,45003/240.08 miThe Hayes,Cardiff,CF10 1BZ2
£1,40003/240.09 miHayes Apartments, Yr Aes2
£1,30003/240.1 miCaroline Street, Cardiff2
£1,30005/240.1 mi-2
£1,40003/240.11 miHayes Apartments, The Hayes, Cardiff2
£1,35004/240.11 miHayes Apartments, The Hayes, Cardiff2
£1,30003/240.12 miSt. Mary Street, Cardiff2
£1,80004/240.13 miCharles Street, Cardiff(City), CF102
£2,19005/240.13 miCharles Street, Cardiff(City), CF102
£2,25001/250.13 mi-2
£2,60003/250.13 mi-2
£1,65002/240.13 mi-2
£1,25005/240.13 mi-2
£1,25003/240.13 mi-2
£1,25004/250.13 mi-2
£1,40003/240.13 miGolate Street, Cardiff, CF102
£1,25004/240.13 miGolate Street, Cardiff, CF102
£1,25003/240.13 miGolate Street, Cardiff, CF102
£1,25003/240.13 miGolate Street, CARDIFF2
£1,05004/240.13 miGolate Street, Cardiff, Cardiff (County of), CF102
£1,65004/240.16 miCharles Street, Cardiff(City), CF102
£1,30004/240.16 miCharles Street, City Centre2
£1,60003/240.16 miCharles Street, Cardiff(City), CF102
£1,60003/240.16 miCharles Street, Cardiff(City), CF102
£1,15003/240.19 miChurchill Villas, Churchill Way, Cardiff2
£1,15011/230.19 miChurchill Way, Cardiff City Centre, CARDIFF2
£1,20004/240.19 miChurchill Villas, City Centre2
£1,70003/240.19 mi-2
£1,60004/250.19 mi-2
£1,70003/240.19 miAltolusso, Cardiff, CF102
£1,35004/240.19 miBute Terrace, Cardiff Centre2

Local Area Statistics

Population in CF10

15,450

Population in Cardiff

357,494

Town centre distance

1.68 miles away

Nearest school

0.40 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+39%

Sales demand

Buyer's market

Capital growth (5yrs)

+10%

Property History

Listed for £325,000

August 7, 2023

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • Superb Penthouse city living apartment +
  • Two double bedrooms, one ensuite +
  • Modern fitted Kitchen with appliances +
  • Open plan living room with panoramic views +
  • Secured building, One parking space, NO CHAIN ! +

SUMMARY
An open plan Penthouse apartment, set within the popular Hayes apartments, the largest style in the development. The property offers a very pleasant light and vibrant accommodation with panoramic views over Cardiff and surrounding. The property has no chain & viewing is highly recommended.

DESCRIPTION
A light and gracious, well presented high specification two bed Penthouse apartment in the very popular Hayes Apartment complex. The property has a great sized lounge with open plan modern fitted kitchen and balcony which overlooks Cardiff City Centre, Cardiff Castle, Principality stadium and even Castell Coch.
There are two double bedrooms, one with en-suite and a modern family bathroom on the upper floor. The property also benefits from a secure parking space inside St David's shopping centre.
Shops and many restaurants on your doorstep as well as Cardiff Library and the market. Public transport is accessible such as trains, taxi's and busses.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Communal Hall 
Enter via the Hayes into very pleasant communal entrance hall lift access to communal garden, leading to access to lift to Apt 47.

Entrance Hall 17' 9" max x 11' 6" max ( 5.41m max x 3.51m max )
Wood effect flooring, electric wall heater, cloaks cupboard, utility cupboard with washer dryer and Nu Air circulation system , door to bedroom one and two, stairs to first floor .

Bedroom Two 11' 3" max x 13' 2" max ( 3.43m max x 4.01m max )
Two tilted and fitted windows overlooking the beautiful view of Cardiff with a Juliet balcony, fitted wardrobes and electric wall heater and carpet.

Bedroom One 19' 9" max x 14' 7" max ( 6.02m max x 4.45m max )
Fitted wardrobe, two french doors front and side, tilted window with Juliet balcony. Wood effect flooring and electric wall heater , door to ensuite.

En-Suite 7' 3" max x 3' 7" max ( 2.21m max x 1.09m max )
Double shower with rainfall shower head, inset lights, extractor fan, fully tiled, tilt and turn window with obscured glass and Juliet Balcony. Heated towel rail, wash basin, wc, shelf with a mirrored wall.

Upstairs Landing 
Stairs up to the landing leading to Bathroom, open plan living room and kitchen, intercom system.

Upstairs Bathroom 7' 3" max x 5' 3" max ( 2.21m max x 1.60m max )
Paneled bath, rainfall shower, central tap, wash basin, wc, shelf with mirrored wall, fully tiled and extractor fan, heated towel rail.

Lounge / Dining Room & Kitchen 28' 9" max x 11' 9" max ( 8.76m max x 3.58m max )
Four double glazed windows on to balcony with infinity glass with outstanding views over Cardiff and surrounding's. Two windows to side, wood effect flooring, television point as well as telephone point. Electric underfloor heating, two window seats.

Kitchen 
Fitted with wall and base units, integral fridge freezer & dishwasher, electric hob with extractor fan, microwave. Sink and drainer, stone work top and inset lights.

Additional Information 
This property has a sprinkler system, main operated smoke alarms and a EWS1 certificate

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

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 SEQUENCE (UK) LIMITED 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

Allen & Harris, Pontcanna

029 2271 6908

Next Steps?

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