2 Bed Flat, Single Let, Cardiff, CF10 5NW, £169,950

Overstone Court, Cardiff Bay, Cardiff, CF10 5NW - 2 years ago

Leasehold
BTL
ROI: 6%
~91 m²
+7 photos

ValuationUndervalued

Sold Prices£104.5K - £317.5K
Sold Prices/m²£1.9K/m² - £4.6K/m²

 

 

Square Metres

~90.77 m²
Price/m²£1.9K/m²

Value Estimate

£207,339
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,488

Stamp Duty & Legal Fees

£6,299

Total Cash In

£48,786

 

 

Cash Out

 

Rent Range

£450 - £2,500

Rent Estimate

£995

Running Costs/mo

£750

Cashflow/mo

£245

Cashflow/yr

£2,939

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £104.5K to £317.5K, average is £163.5K. £1.9K/m² to £4.6K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£135K07/210.16 mi202, Taff Embankment, Cardiff CF11 7BP2
£147.5K04/210.2 mi19, Reresby Court, Cardiff CF10 5NR2
£156.6K09/230.2 mi13, Reresby Court, Cardiff CF10 5NR2
£152K02/210.2 mi49, Reresby Court, Cardiff CF10 5NR2
£165K08/230.2 mi32, Reresby Court, Cardiff CF10 5NR2
£146K06/210.2 mi64, Reresby Court, Cardiff CF10 5NR2
£132.8K04/210.2 mi32, Reresby Court, Cardiff CF10 5NR2
£152.5K10/210.2 mi10, Reresby Court, Cardiff CF10 5NR2
£152.5K02/210.2 mi61, Reresby Court, Cardiff CF10 5NR2
£162K12/220.2 mi56, Reresby Court, Cardiff CF10 5NR2
£234.9K10/210.26 mi104, Judkin Court, Cardiff CF10 5AX2
£233K04/230.27 mi102, Judkin Court, Cardiff CF10 5AX2
£230K01/230.27 mi156, Judkin Court, Cardiff CF10 5AX2
£190K01/230.29 mi61, Judkin Court, Cardiff CF10 5AU2
£147K05/210.3 mi45, Carlotta Way, Cardiff CF10 5FY2
£152K03/210.3 mi18, Carlotta Way, Cardiff CF10 5FY2
£150K05/210.3 mi15, Carlotta Way, Cardiff CF10 5FY2
£170K05/210.38 mi106, Jim Driscoll Way, Cardiff CF11 7JR2
£210K03/230.38 mi131, Jim Driscoll Way, Cardiff CF11 7JR2
£167.5K04/230.38 mi46, Harrowby Street, Cardiff CF10 5GA2
£123K08/210.38 mi36, Harrowby Street, Cardiff CF10 5GA2
£140K03/210.38 mi90, Harrowby Street, Cardiff CF10 5GA2
£140K12/200.4 mi40 The Granary, Magretian Place, Cardiff CF10 4BR2
£188K02/230.4 mi13 The Granary, Magretian Place, Cardiff CF10 4BR2
£175.5K07/230.4 mi37 The Granary, Magretian Place, Cardiff CF10 4BR2
£165K03/230.4 miFlat 55, Rimini House, Ffordd Garthorne, Cardiff CF10 4DH2
£150K04/210.4 miFlat 52, Rimini House, Ffordd Garthorne, Cardiff CF10 4DH2
£137K01/210.41 miFlat 1, Livorno House, Ffordd Garthorne, Cardiff CF10 4DE2
£139K10/200.41 miFlat 11, Livorno House, Ffordd Garthorne, Cardiff CF10 4DE2
£147K02/210.41 miFlat 12, Livorno House, Ffordd Garthorne, Cardiff CF10 4DE2
£145K07/210.42 miFlat 9, Amalfi House, Ffordd Garthorne, Cardiff CF10 4DA2
£178K06/230.45 miFlat 3, Forio House, Ffordd Garthorne, Cardiff CF10 4DD2
£180K10/200.45 miFlat 29, Forio House, Ffordd Garthorne, Cardiff CF10 4DD2
£165K12/200.46 mi57, Corvette Court, Cardiff CF10 4NN2
£190K05/230.46 mi50, Corvette Court, Cardiff CF10 4NN2
£170K02/230.49 mi18, Jim Driscoll Way, Cardiff CF11 7JA2
£120K04/210.5 mi3, Dudley Court, Cardiff CF10 5BQ2
£104.5K12/200.51 mi21, Eleanor Place, Cardiff CF10 5BJ2
£185K09/230.52 mi23, Corvette Court, Cardiff CF10 4NL2
£170K12/220.52 mi56, Jim Driscoll Way, Cardiff CF11 7JL2
£110K02/210.53 miFlat 13, Kirkby Court, Craiglee Drive, Cardiff CF10 4BS2
£186K09/230.53 mi146, Henke Court, Cardiff CF10 4EL2
£177.5K09/210.54 mi113, Henke Court, Cardiff CF10 4EJ2
£188.5K03/210.54 mi117, Henke Court, Cardiff CF10 4EJ2
£160K07/210.54 miApartment 16, Amity Court, Longueil Close, Cardiff CF10 4EA2
£186K07/210.54 miApartment 9, Amity Court, Longueil Close, Cardiff CF10 4EA2
£172.5K07/230.56 mi91, Jim Driscoll Way, Cardiff CF11 7JN2
£317.5K12/200.56 mi48, Windsor Esplanade, Cardiff CF10 5BG2
£185K03/210.57 mi106, Henke Court, Cardiff CF10 4EG2
£155K10/200.57 mi53, Havannah Street, Cardiff CF10 5SF2

Local Rents

50 rents from £450/mo to £2.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,05003/240 miOverstone Court, Cardiff Bay2
£99504/240 miOverstone Court, Cardiff Bay2
£99505/240 miOverstone Court, Cardiff Bay2
£1,00003/240 miOverstone Court2
£1,21503/240.06 miMarseille House, Century Wharf, Cardiff2
£1,00003/240.08 mi80 Overstone Court, Cardiff(City), CF102
£1,10012/240.08 miCentury Wharf, Cardiff Bay2
£1,10005/240.09 miOverstone Court, Cardiff Bay,2
£1,10005/240.09 miOverstone Court, Cardiff Bay,2
£1,00005/240.09 miOverstone Court, Dumballs Road, Cardiff Bay2
£1,00005/240.09 miOverstone Court, Dumballs Road, Cardiff Bay2
£1,09503/250.09 mi-2
£1,20005/240.11 miHansen Court, Cardiff Bay 2
£1,15005/240.11 miHansen Court, Cardiff Bay 2
£1,30004/240.12 miPrague House, Century Wharf, Cardiff2
£1,00005/240.14 miOverstone Court, Butetown, Cardiff2
£1,50004/240.15 miEzel Court, Heol Glan Rheidol, Cardiff(City), CF102
£1,85003/240.15 miPenstone Court, Century Wharf2
£82503/240.15 miCorporation Road, Cardiff, CF11 7AY2
£1,35005/240.16 miCorporation Road, Cardiff(City), CF112
£1,25005/240.16 miCorporation Road, Cardiff(City), CF112
£45003/240.17 miCorporation Road, Cardiff, 2
£1,05004/240.17 miCorporation Road, Grangetown, Cardiff2
£1,89502/250.18 mi-2
£1,75004/240.19 miPenstone Court, Chandlery Way, Cardiff2
£1,40004/240.19 miLisbon House, Century Wharf2
£1,60003/240.19 miPenstone Court, Century Wharf, Cardiff2
£2,50004/240.19 mi-2
£1,25003/240.19 miRio House, Century Wharf, Taliesin Court2
£1,40004/240.19 miLisbon House, Century Wharf, Cardiff Bay2
£1,10005/240.2 mi-2
£1,30003/240.2 miChandlery Way, Cardiff2
£1,20005/240.2 miVienna House, Penstone Court, Century Wharf2
£1,10003/240.2 miReresby Court, Heol Glan Rheidol, Cardiff(City), CF102
£1,10003/240.2 miReresby Court, Cardiff Bay2
£1,15003/240.21 miReresby Court, Cardiff2
£1,20005/240.22 miVienna House, Century Wharf, Cardiff2
£1,27503/240.22 miFlorence House, Judkin Court, Century Wharf2
£1,10003/240.22 miVienna House, Penstone Court, Century Wharf2
£1,15003/240.24 miCentury Wharf Lynton Court, Cardiff Bay, Cardiff, CF102
£1,40004/240.24 miChandlery Way, Cardiff Bay2
£1,75005/240.24 miCapri House, Century Wharf, Cardiff Bay2
£1,40003/240.25 miParis House, Lynton Court Century Wharf2
£1,25003/240.25 miLynton Court, Capri House, Century Wharf2
£1,39503/240.26 miLisbon House, Century Wharf2
£1,25003/240.26 miJudkin Court, Oslo House, Century Wgharf2
£2,30004/240.27 mi-2
£2,30004/240.27 mi-2
£1,35012/240.27 mi-2
£1,75005/240.28 miLynton Court, Century Wharf2

Local Area Statistics

Population in CF10

15,450

Population in Cardiff

357,494

Town centre distance

2.42 miles away

Nearest school

0.30 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+39%

Sales demand

Buyer's market

Capital growth (5yrs)

+10%

Property History

Listed for £169,950

September 26, 2023

Floor Plans

Description

Spacious 2 Bedroom 2nd floor apartment situated on this popular gated development with parking , close to the Bay and Cardiff City Centre , Entrance Hall , Open Plan Lounge/Fitted Kitchen , Bathroom , Under floor electric Heating , 2 Double Bedrooms , En- Suite Shower Room , Large Balcony , Allocated Parking Space ideal first home in the Bay or would make an excellent rental investment .

Entrance Hall

Hardwood front door withsecurity eye, into entrance hall with quality hardwood laminate flooring, entry telephone system, electric powerpoints, thermostat control for underfloor heating, storage cupboard housing fuse box, airing cuprboard with water tank and immersion heaters, smoke detector

Living Area/Kitchen (23'7" x 11'6") (7.19m x 3.51m)

UPVC double glazed french door which leads to a glazed and decked balcony, hardwood laminate flooring, electric powerpoints, TV and Telephone points subject to current regulations, Kitchen fitted with a modern unit with stainless steel trim, including an Electrolux integrated dishwasher, plumbed in Electrolux washer dryer, integrated fridge freezer, combination wall and drawer units, Electrolux stainless steel oven, four ring halogen hob, stainless steel splash back, stainless steel extractor cooker hood, one and half bowl sink unit with a mixer tap, single drainer, vinyl tile affect floor covering, formica work surfaces and splashback, electric power points, thermostat control for under floor heating

Bathroom
Modern suite in white comprising of a panel bath, glazed shower panel, mixer tap, shower attachement fitted, low level W.C., heated towel rail, pedastal wash hand basin with tiled splashback, vinyl floor covering, extractor fan as fitted

Bedroom One (14'6" x 9'10") (4.42m x 3m)

UPVC double glazed tilt and turn window, fitted carpets, thermostat control for underfloor heating, electric powerpoints, door to shower room en-suite, pedastal wash ahnd basin with tiled splashback, shavers socket with flourescant strip light, low level W.C. corner shower with fully plumbed in shower, ceramic tiled surround, sliding glazed panel and door, vinyl floor covering, heated towel rail

Bedroom Two (13'11" x 8'2") (4.24m x 2.49m)

UPVC tilt and turn window looking over to balcony, TV aerial points, electric power points, fitted carpet, thermostat control for underfloor heating,

Alloctaed car parking space and ample visitor spaces

Agent Details

Lettings2Sales Ltd, Cardiff

029 2271 7446

Next Steps?

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