5 Bed HMO, Cardiff, CF24 3EX £350,000

Cottrell Road, Roath, Cardiff, CF24 3EX - 2 years ago
HMO
Outside Article 4
ROI: 7%
~132 m²
Property image

ValuationUndervalued

Sold Prices£180K - £850K
Sold Prices/m²£1.3K/m² - £4.6K/m²

 

 

Square Metres

~131.90 m²
Price/m²£2.7K/m²

Value Estimate

£420,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£26,200

Total Cash In

£113,700

 

 

Cash Out

 

Room Rate

£581

Gross Rent

£2,905

Running Costs/mo

£2,287

Cashflow/mo

£618

Cashflow/yr

£7,413

ROI

7%

Gross Yield

10%

Local Sold Prices

24 sold prices from £180K to £850K, average is £536.5K. £1.3K/m² to £4.6K/m², average is £3.4K/m².

Price
Date
Distance
Address
Beds
 
£340K03/230.03 mi107, Claude Road, Cardiff CF24 3QD5
£640K08/210.31 mi12, Kimberley Road, Cardiff CF23 5DH5
£272K04/250.32 mi49, Talworth Street, Roath, Cardiff CF24 3EH5
£260K10/240.32 mi50, Talworth Street, Roath, Cardiff CF24 3EH5
£592.5K11/220.34 mi100, Roath Court Road, Cardiff CF24 3SF5
£502.5K08/210.37 mi18, Mafeking Road, Cardiff CF23 5DQ5
£330K12/220.43 mi35a, Rhymney Street, Cardiff CF24 4DH5
£605K05/210.46 mi38, Waterloo Road, Cardiff CF23 5DZ5
£850K01/230.48 mi26, Ty-draw Road, Penylan, Cardiff CF23 5HB5
£555K06/230.48 mi2, Deri Road, Cardiff CF23 5AJ5
£550K12/220.51 mi23, Boverton Street, Cardiff CF23 5ES5
£310K05/230.52 mi42, Harriet Street, Cardiff CF24 4BY5
£742.5K09/210.54 mi3, The Paddock, Cardiff CF23 5JN5
£570K07/210.62 mi2, Tydfil Place, Cardiff CF23 5HP5
£530K06/210.68 mi32, Brandreth Road, Cardiff CF23 5NW5
£425K03/230.69 mi27, Clun Terrace, Cardiff CF24 4RB5
£600K04/250.69 mi28, Brandreth Road, Penylan, Cardiff CF23 5NW5
£600K04/250.69 mi28, Brandreth Road, Penylan, Cardiff CF23 5NW5
£275K07/210.7 mi268, Newport Road, Cardiff CF24 1RS5
£180K05/210.72 mi140, Crwys Road, Cardiff CF24 4NR5
£200K05/250.72 mi142, Malefant Street, Cathays, Cardiff CF24 4QF5
£695K12/240.77 mi15, Llwyn-y-grant Road, Penylan, Cardiff CF23 9ET5
£230K06/210.93 mi15, Sanquhar Street, Cardiff CF24 2AA5
£543K08/210.95 mi28, Ffordd Cwellyn, Cardiff CF23 5NB5

Local Area Statistics

Population in CF24

55,148

Population in Cardiff

357,494

Town centre distance

1.30 miles away

Nearest school

0.10 miles away

Nearest train station

0.68 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-42%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Price changed to £350,000

December 4, 2024

Listed for £375,000

February 26, 2024

Sold for £215,000

2019

Floor Plans

Property image

Description

Exciting opportunity to purchase a 5 bedroom HMO property in the popular area of Roath!

Located in the heart of Roath and within stone's throw of the varied amenities and eateries of Albany and Wellfield Road along with public transport links and Roath Park nearby. The property is walking distance to the City Centre and Newport Road is also within easy reach making this an incredibly convenient location. Entrance via hallway, ground floor compromises first double bedroom, reception room and large kitchen/diner. To the first floor there are three double bedrooms, shared bathroom. On the second floor there is one double bedroom and a bathroom. Call Taylors today to book your appointment and avoid missing out!

Agent Details

Taylors Estate Agents, Roath

029 2002 8247

Next Steps?

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