3 Bed Terraced House, Refurb/BRRR, Cardiff, CF11 6EY, £150,000

Craddock Street, Cardiff, CF11 6EY - a year ago

Refurb/BRRR

ROI: 4%

~93 m²

+9 photos

ValuationFair Value

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Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£37,500£37,500
Stamp Duty & Legal Fees	£8,700£8,700
Refurb Costs	£37,863£37,863
Bridging Loan Interest	£3,938£3,938
Total Cash In	£89,750£89,750

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£237,900£237,900
Agent Fees (1%)	£2,379£2,379
Bridging Loan	£112,500£112,500
Bridging Loan Interest	£3,938£3,938
Flip Profit	£33,271£33,271

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Local Rents

47 rents from £499/mo to £2.8K/mo, average is £1.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,100	03/24	0.04 mi	Trevethick Street, Riverside, Cardiff	3	Terraced House
£1,350	04/24	0.05 mi	Rennie Street, Cardiff(City), CF11	3	Terraced House
£1,300	04/24	0.07 mi	Wells Street, CARDIFF	3	House
£1,200	03/24	0.1 mi	Wells Street, CARDIFF	3	House
£499	05/24	0.19 mi	Canton Court, Cardiff(City), CF11	3	Terraced House
£1,100	03/24	0.2 mi	Cowbridge Road East, CARDIFF	3	Flat
£1,185	03/24	0.22 mi	Gloucester Street, Riverside, CF11 6EJ	3	Terraced House
£1,400	03/24	0.24 mi	-	3	Terraced House
£1,500	04/24	0.26 mi	7 Lower Cathedral Road, Cardiff(City), CF11	3	Flat
£1,600	03/24	0.26 mi	7 Lower Cathedral Road, Cardiff(City), CF11	3	Flat
£1,300	01/25	0.3 mi	-	3	Flat
£1,290	03/24	0.3 mi	Brook Street, City Centre, Cardiff, CF11 6LG	3	Flat
£1,300	04/24	0.3 mi	Tudor St, Riverside	3	Flat
£1,750	03/24	0.31 mi	Ryder Street, Pontcanna	3	Terraced House
£1,700	01/25	0.32 mi	-	3	Terraced House
£2,750	03/24	0.34 mi	Hamilton Villas, Pontcanna	3	Flat
£1,300	02/25	0.34 mi	-	3	Terraced House
£1,250	05/24	0.36 mi	Compton Street, Grangetown, Cardiff, CF11	3	Terraced House
£1,300	03/24	0.37 mi	Somerset Street, Grangetown, Cardiff, CF11	3	Terraced House
£1,200	12/24	0.37 mi	Court Road, Barry, Vale of Glamorgan	3	Flat
£775	12/24	0.39 mi	Wyndham Crescent, Aberdare, Rhondda Cynon Taff	3	Flat
£1,195	02/25	0.4 mi	-	3	Flat
£1,195	02/25	0.4 mi	-	3	Flat
£1,000	05/24	0.4 mi	-	3	Flat
£1,275	03/24	0.41 mi	-	3	Flat
£1,075	03/24	0.41 mi	-	3	Flat
£1,300	03/24	0.41 mi	Bartley Wilson Way, Cardiff	3	Semi-Detached House
£2,500	03/24	0.43 mi	-	3	Terraced House
£1,350	05/24	0.44 mi	Llandaff Road, Flat 2, Canton, CF11 9NJ	3	Flat
£1,350	05/24	0.45 mi	Wedmore Road, Cardiff(City), CF11	3	Terraced House
£1,350	12/24	0.47 mi	Alexandra Road, Canton	3	Terraced House
£1,400	03/24	0.47 mi	Cornwall Street, Cardiff(City), CF11	3	Terraced House
£1,400	03/25	0.48 mi	-	3	Terraced House
£1,500	03/24	0.48 mi	Dunraven House, Westgate Street, Cardiff	3	Flat
£1,400	05/24	0.5 mi	Cornwall Street, Cardiff CF11 6PP	3	Terraced House
£1,350	05/24	0.5 mi	Stafford Road, Cardiff	3	Terraced House
£1,800	04/24	0.51 mi	Westgate Street, CARDIFF	3	Flat
£1,800	02/24	0.51 mi	-	3	Flat
£1,500	04/24	0.52 mi	Westgate Street, City Centre, Cardiff	3	Flat
£1,400	03/24	0.53 mi	Broad Street, Canton, Cardiff,	3	Flat
£1,300	04/24	0.54 mi	Chester Place, Grangetown, Cardiff, CF11	3	Terraced House
£1,300	03/24	0.57 mi	Sloper Road, CARDIFF	3	House
£1,100	04/24	0.57 mi	Westgate Street, City Centre	3	Flat
£1,200	04/24	0.6 mi	North Clive Street	3	Terraced House
£1,500	03/24	0.61 mi	-	3	Terraced House
£1,500	03/24	0.61 mi	Durham Street, Cardiff, CF11	3	Terraced House
£1,250	11/23	0.61 mi	Broadhaven, Leckwith, Cardiff	3	Flat

Local Area Statistics

Population in CF11	36,14736,147
Population in Cardiff	357,494357,494
Town centre distance	1.60 miles away1.60 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.35 miles away0.35 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+14%+14%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+39%+39%

Property History

Price changed to £150,000

February 8, 2025

Listed for £140,000

March 13, 2024

Description

Sought After Location +
Ideal Investment Opportunity +
Easy Access to Town Centre +
Development Potential +

This property occupies a corner position having formerly been a convenience store, and is ideally located in the popular area of Riverside. The property has been successfully let previously, but is now offered to market with vacant possession. The property has two receptions, kitchen and WC/Shower on the ground floor, and three bedrooms and a family bathroom on the first floor. The property requires full renovation and presents a fantastic opportunity to restore into a generous size family home, or to further develop into separate dwellings, subject to the necessary planning consent.

EPC Rating: E

Agent Details

Isla-Alexander, Covering Nationwide

029 2130 2037

Next Steps?

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

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