2 Bed Flat, Single Let, Cardiff, CF11 7JT, £155,000

Ffordd James Mcghan, Cardiff, CF11 7JT - a year ago

Sold STC
Leasehold
BTL
ROI: 6%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£104.5K - £317.5K
Sold Prices/m²£1.9K/m² - £3.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£174,910
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£8,950

Total Cash In

£47,700

 

 

Cash Out

 

Rent Range

£800 - £2,500

Rent Estimate

£950

Running Costs/mo

£694

Cashflow/mo

£256

Cashflow/yr

£3,068

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £104.5K to £317.5K, average is £135K. £1.9K/m² to £3.6K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£127.5K06/210.03 mi87, Seager Drive, Cardiff CF11 7FD2
£149K11/220.03 mi87, Seager Drive, Cardiff CF11 7FD2
£132K03/230.07 mi82, Harrison Way, Cardiff CF11 7GX2
£119K11/200.08 mi20, Seager Drive, Cardiff CF11 7QA2
£130K10/210.08 mi12, Seager Drive, Cardiff CF11 7QA2
£135K03/230.08 mi20, Seager Drive, Cardiff CF11 7QA2
£119K10/200.08 mi21, Morel Court, Cardiff CF11 7FF2
£121K06/210.08 mi3, Morel Court, Cardiff CF11 7FF2
£134.9K02/230.1 mi52, Harrison Way, Cardiff CF11 7PE2
£152K12/220.1 mi51, Harrison Way, Cardiff CF11 7PE2
£123K07/210.1 mi54, Harrison Way, Cardiff CF11 7PE2
£156K12/220.11 mi184, Ffordd James Mcghan, Cardiff CF11 7JU2
£135K03/210.11 mi7, Shearman Place, Cardiff CF11 7FA2
£124K01/210.13 mi10, Claymore Place, Cardiff CF11 7JJ2
£152K11/220.13 mi11, Claymore Place, Cardiff CF11 7JJ2
£124K11/200.15 mi5, Campbell Drive, Cardiff CF11 7QE2
£128K04/210.15 mi13, Campbell Drive, Cardiff CF11 7QE2
£130K11/200.16 mi100, Seager Drive, Cardiff CF11 7FE2
£130K11/200.16 mi137, Seager Drive, Cardiff CF11 7FE2
£110K11/200.16 mi132, Seager Drive, Cardiff CF11 7FE2
£133.5K10/200.16 mi151, Seager Drive, Cardiff CF11 7FE2
£155K12/220.17 mi35, O'leary Drive, Cardiff CF11 7EB2
£142K11/200.17 mi13, Oleary Drive, Cardiff CF11 7EB2
£130K10/200.17 mi23, Oleary Drive, Cardiff CF11 7EB2
£135K12/210.17 mi40, Oleary Drive, Cardiff CF11 7EB2
£150K02/230.18 mi22, O'leary Drive, Cardiff CF11 7EB2
£151K06/230.18 mi6, O'leary Drive, Cardiff CF11 7EB2
£140K05/210.18 mi19, Oleary Drive, Cardiff CF11 7EB2
£163K04/230.18 mi13, O'leary Drive, Cardiff CF11 7EB2
£150K06/230.18 mi9, O'leary Drive, Cardiff CF11 7EB2
£120K08/210.18 mi53, Cory Place, Cardiff CF11 7QB2
£129K03/210.18 mi9, Cory Place, Cardiff CF11 7QB2
£130K12/200.18 mi61, Cory Place, Cardiff CF11 7QB2
£161K12/220.18 mi40, Campbell Drive, Cardiff CF11 7TQ2
£131K10/200.2 mi58, Campbell Drive, Cardiff CF11 7TQ2
£125K06/210.2 mi50, Campbell Drive, Peasedown St John, Cardiff CF11 7TQ2
£142K02/210.2 mi136, Campbell Drive, Cardiff CF11 7TQ2
£172.5K07/230.28 mi91, Jim Driscoll Way, Cardiff CF11 7JN2
£170K12/220.31 mi56, Jim Driscoll Way, Cardiff CF11 7JL2
£170K02/230.34 mi18, Jim Driscoll Way, Cardiff CF11 7JA2
£140K06/210.4 mi216b, Clive Street, Cardiff CF11 7JG2
£160K06/210.43 mi65, Grangemoor Court, Cardiff CF11 0AA2
£170K05/210.45 mi106, Jim Driscoll Way, Cardiff CF11 7JR2
£210K03/230.45 mi131, Jim Driscoll Way, Cardiff CF11 7JR2
£145K12/200.47 mi31, Grangemoor Court, Cardiff CF11 0AL2
£317.5K12/200.54 mi48, Windsor Esplanade, Cardiff CF10 5BG2
£104.5K12/200.62 mi21, Eleanor Place, Cardiff CF10 5BJ2
£110K09/230.66 miFlat 20, Cogan Court, Cogan Pill Road, Llandough, Penarth, The Vale Of Glamorgan CF64 2NQ2
£110K04/210.66 miFlat 20, Cogan Court, Cogan Pill Road, Llandough, Penarth, The Vale Of Glamorgan CF64 2NQ2
£210K01/230.68 miApartment 10, The Anchorage, River Walk, Penarth, The Vale Of Glamorgan CF64 1SX2

Local Rents

50 rents from £800/mo to £2.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,00003/240.01 miFfordd James McGhan, Cardiff Bay2
£1,10004/240.01 miFfordd James McGhan, Cardiff2
£95003/240.02 miFfordd James Mcghan, Cardiff, CF112
£1,00003/240.03 miSeager Drive, Windsor Quay, Cardiff Bay2
£1,20003/240.04 miFfordd James McGhan, Ferry Road, Cardiff Bay2
£99510/230.06 mi-2
£99504/240.06 miFfordd James McGhan, Cardiff, 2
£97503/240.07 miSeager Drive, Windsor Quay, Cardiff Bay2
£95012/240.09 miHarrison Way, Windsor Quay, Cardiff Bay2
£1,20003/240.1 miHarrison Way, Cardiff Bay2
£1,10005/240.1 miHarrison Way, Cardiff Bay2
£1,00004/240.12 miFfordd James McGhan, CARDIFF2
£1,05003/240.13 miKestell Drive, Cardiff Bay2
£1,05004/240.13 miKestell Drive, Cardiff Bay2
£1,10003/240.13 miFfordd James Mcghan, Cardiff Bay2
£80004/240.15 miCampbell Drive, Windsor Quay, Cardiff Bay2
£1,05005/240.15 miCampbell Drive, Cardiff Bay, Cardiff2
£1,10004/240.16 miFfordd James Mcghan, Cardiff Bay2
£1,10003/240.17 mi67 Beatrix House, Victoria Wharf, Dunleavy Drive2
£1,27005/240.18 mi-2
£1,27004/240.18 miWindsor Quay, Cardiff, CF112
£95004/240.18 mi-2
£95003/240.2 miCampbell Drive, CARDIFF2
£1,10003/240.26 miJones Point House , Ferry Court, Cardiff2
£1,17503/240.26 miFerry Court, CARDIFF2
£1,10003/240.26 miJones Point House, Prospect Place, 4th Floor2
£1,10003/240.26 miAlderney House, Prospect Place, 1st Floor2
£1,10003/240.26 miAlderney House, Prospect Place, 1st Floor2
£1,05003/240.26 miGreat Ormes House, Ferry Court, Cardiff2
£1,40011/230.26 mi-2
£1,30012/240.26 mi-2
£1,10004/240.26 mi-2
£1,10003/240.26 miFerry Court, Cardiff, CF112
£1,30004/240.27 miLady Isle House, Ferry Court, Prospect Place2
£1,30005/240.27 miLady Isle House, Prospect Place2
£2,50003/240.28 miLady Isle House, Prospect Place, Cardiff Bay2
£1,20003/240.28 miLady Isle House, Prospect Place, Cardiff Bay2
£1,12510/230.28 mi-2
£1,12502/250.28 mi-2
£1,20011/230.28 miFerry Court,Cardiff,CF112
£1,15005/240.28 miJim Driscoll Way, CARDIFF2
£1,30004/240.3 miFerry Court, Cardiff, CF112
£99503/240.31 mi-2
£99503/240.31 miFerry Court, Cardiff, CF112
£99503/240.31 miFerry Court, Cardiff, CF112
£1,00003/240.31 miThe Sand Wharf, Jim Driscoll Way, Cardiff2
£1,15003/240.31 miAlderney House, Ferry Court, Cardiff2
£1,27503/240.31 miAlderney House, Prospect Place, Cardiff2
£1,20003/240.31 miFerry Court, CARDIFF2
£1,26011/230.31 miAlderney House, Ferry Court, Cardiff, CF11 0JT2

Local Area Statistics

Population in CF11

36,147

Population in Cardiff

357,494

Town centre distance

3.10 miles away

Nearest school

0.50 miles away

Nearest train station

0.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Price changed to £155,000

January 31, 2025

Listed for £150,000

February 13, 2024

Floor Plans

Description

  • *** NO CHAIN *** +
  • Third floor apartment +
  • Open plan lounge, kitchen, diner +
  • Designated parking +
  • Excellent transport links both to the M4 and City centre +

Welcome to 48 Ffordd James McGhan, a spacious 2 bedroom apartment, only a stones throw away from the hustle and bustle of Cardiff Bay and a pleasant stroll along the Taff Embankment into Cardiff City Centre. As you enter the front door of this third floor apartment you are greeted by a large hallway. To the right you will find the light and airy master bedroom which benefits from a built-in wardrobe and storage cupboard. Next to this you will find the second double bedroom which again boasts a built-in wardrobe and is also being used as a home office. Further along the hallway you will find the heart of the apartment, the open plan lounge, kitchen, diner. This multi functional space is bathed in natural light from the Juliet balcony and the kitchen is a chefs delight, boasting modern units and built in appliances. This space is perfect for both relaxing and throwing the odd party. Back into the hallway you will find the bathroom which is decorated in neutral tones and benefits from a bath with overhead shower. A utility room completes the internal of this apartment, enabling appliances and storage to be discreetly hidden away. Additionally, this apartment offers the valuable benefit of designated undercroft parking. With no chain, whether you're an investor or first time buyer, you won't want to miss this opportunity. Call US now to book your viewing!

EPC Rating: C

Agent Details

Urban Suburban, Covering South Wales

029 2271 5912

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪