2 Bed Flat, Single Let, Cardiff, CF3 3AY, £130,000

Greenway Road, Rumney, Cardiff, CF3 3AY - 4 views - a year ago

Sold STC
Leasehold
BTL
ROI: 7%
~68 m²
+9 photos

ValuationFair Value

Sold Prices£70K - £170K
Sold Prices/m²£946/m² - £2.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£132,094

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Total Cash In

£37,600

 

 

Cash Out

 

Rent Range

£850 - £1,250

Rent Estimate

£813

Running Costs/mo

£589

Cashflow/mo

£224

Cashflow/yr

£2,690

ROI

7%

Gross Yield

8%

Local Sold Prices

44 sold prices from £70K to £170K, average is £124K. £946/m² to £2.6K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£90K05/210.24 mi172, Greenway Road, Rumney, Cardiff CF3 3PN2
£85K09/230.28 miFlat 6, Downton Grange, New Road, Rumney, Cardiff CF3 3BW2
£135K09/210.37 mi17, Wentloog Close, Rumney, Cardiff CF3 3HA2
£150K08/230.4 mi35, Wentloog Close, Rumney, Cardiff CF3 3HB2
£140K06/230.4 mi43, Wentloog Close, Rumney, Cardiff CF3 3HB2
£133K12/200.4 mi41, Wentloog Close, Rumney, Cardiff CF3 3HB2
£135K12/200.52 mi26, Witla Court Road, Rumney, Cardiff CF3 3LT2
£90K04/210.55 mi37, Trowbridge Road, Rumney, Cardiff CF3 1QL2
£132.5K06/210.56 mi69, Kennerleigh Road, Cardiff CF3 4BG2
£120K02/230.59 miCumberland Court, 44, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£125K02/210.59 mi66, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£115K11/220.59 mi10, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£116K07/210.59 mi34, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£123K05/230.59 mi22, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£114K05/210.59 mi44, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£128K04/210.6 mi77, Kennerleigh Road, Cardiff CF3 4BG2
£128K11/230.6 mi33, Kennerleigh Road, Cardiff CF3 4BG2
£128K12/200.6 mi27, Kennerleigh Road, Cardiff CF3 4BG2
£136K09/220.61 miFlat 20, Lancaster Court, Cranleigh Rise, Rumney, Cardiff CF3 4AP2
£112K01/240.61 miSutherland Court, Flat 16, Cranleigh Rise, Rumney, Cardiff CF3 4AP2
£128K04/210.61 mi77, Kennerleigh Road, Cardiff CF3 4BG2
£125K07/230.62 mi24, Chulmleigh Close, Cardiff CF3 4BL2
£118K11/200.62 mi17, Chulmleigh Close, Cardiff CF3 4BL2
£125K04/230.62 mi11, Chulmleigh Close, Cardiff CF3 4BL2
£70K09/230.63 mi80, Kennerleigh Road, Cardiff CF3 4BJ2
£120K12/200.63 mi96, Kennerleigh Road, Cardiff CF3 4BJ2
£125K05/210.64 mi54, Kennerleigh Road, Cardiff CF3 4BJ2
£140K09/210.67 mi97, Kennerleigh Road, Cardiff CF3 4BH2
£113K09/220.72 miLynton Court, 6, Lynmouth Crescent, Rumney, Cardiff CF3 4AT2
£107K09/220.72 miSeaton Court, 9, Lynmouth Crescent, Rumney, Cardiff CF3 4AT2
£112K07/230.72 miBarnstaple Court, 38, Lynmouth Crescent, Rumney, Cardiff CF3 4AT2
£122.5K11/200.73 mi96, Lynmouth Crescent, Rumney, Cardiff CF3 4AW2
£125K11/230.75 mi56, Lynmouth Crescent, Rumney, Cardiff CF3 4AU2
£77K10/230.75 mi6, Abergele Road, Rumney, Cardiff CF3 1RR2
£123K09/230.77 mi59, Woolacombe Avenue, Llanrumney, Cardiff CF3 4TD2
£120K10/230.82 mi15, Mount Pleasant Avenue, Llanrumney, Cardiff CF3 5SX2
£170K06/210.91 mi2a, Countisbury Avenue, Llanrumney, Cardiff CF3 5SP2
£135K05/230.98 mi19, Spencer David Way, St Mellons, Cardiff CF3 0QB2
£120K11/200.98 mi23, Spencer David Way, St Mellons, Cardiff CF3 0QB2
£125K09/230.98 mi29, Spencer David Way, St Mellons, Cardiff CF3 0QB2
£122K11/200.98 mi13, Spencer David Way, St Mellons, Cardiff CF3 0QB2
£137.5K10/230.98 mi17, Spencer David Way, St Mellons, Cardiff CF3 0QB2
£123K09/230.98 mi9, Spencer David Way, St Mellons, Cardiff CF3 0QB2
£153K10/220.98 mi23, Spencer David Way, St Mellons, Cardiff CF3 0QB2

Local Rents

16 rents from £850/mo to £1.3K/mo, average is £973/mo.

RentDateDistanceAddressBeds 
£95012/240.59 miNewport Road2
£85001/250.59 mi-2
£90012/240.62 miChulmleigh Close, CARDIFF2
£85012/240.62 miCheirton Court, Cranleigh Rise2
£90012/240.67 miKennerleigh Road2
£95012/240.73 miLynmouth Crescent, Rumney, Cardiff2
£99512/240.81 miArlington Crescent, Llanrumney, Cardiff, CF32
£1,10012/240.84 mi-2
£1,10003/250.84 mi-2
£1,00012/241 mi-2
£1,10012/241.02 mi-2
£1,00003/251.02 mi-2
£95001/251.05 mi-2
£1,10012/241.07 miClos Chappell, St. Mellons, CARDIFF2
£85002/251.09 mi-2
£1,25003/251.18 mi-2

Local Area Statistics

Population in CF3

41,998

Population in Cardiff

357,494

Town centre distance

3.14 miles away

Nearest school

0.20 miles away

Nearest train station

2.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £130,000

March 26, 2024

Floor Plans

Description

  • First Floor Flat +
  • Two Bedrooms +
  • Master Bedroom with En-Suite +
  • Lounge Area +
  • Fitted Kitchen Area +
  • Bathroom +
  • Allocated Parking +
  • Popular Location +

SUMMARY
A FIRST FLOOR flat located in the popular location of RUMNEY, within close proximity to local shops and easy access to the A48 and M4. The property briefly comprises hall, lounge area, fitted kitchen area, master bedroom with en-suite, bedroom two and bathroom. Viewing Recommended!

DESCRIPTION
A FIRST FLOOR flat located in the popular location of RUMNEY, within close proximity to local shops and easy access to the A48 and M4. The property briefly comprises hall, lounge area, fitted kitchen area, master bedroom with en-suite, bedroom two and bathroom. The property further benefits from gas central heating, double glazing and an allocated parking space. Internal viewing is highly recommended.

Communal Entrance 
Via door into:

Communal Hallway 
Access to the second floor flat.

Entrance 
Via door into:

Hall 
Built in cupboard housing water tank and access to:

Lounge 11' 10" x 10' 11" ( 3.61m x 3.33m )
Double glazed window to front aspect, radiator and open plan to:

Kitchen 10' 10" x 7' 1" ( 3.30m x 2.16m )
Fitted with a range of wall and base level units with complementary work surfaces over, sink and drainer unit, integrated electric hob and oven, cooker hood, integrated washer/dryer machine and fridge/freezer, vinyl flooring, wall mounted boiler and double glazed window to side aspect.

Bedroom One 10' 7" Max x 10' 7" Max ( 3.23m Max x 3.23m Max )
Double glazed window to front aspect, radiator and access to:

En-Suite 
Fitted with a three piece suite comprising shower cubicle, wash hand basin, low level WC, vinyl flooring, extractor fan, radiator and partially tiled walls.

Bedroom Two 10' 11" Max x 9' 9" Max ( 3.33m Max x 2.97m Max )
Double glazed window to front aspect and radiator.

Bathroom 
Fitted with a three piece suite comprising bath, wash hand basin, low level WC, vinyl flooring, extractor fan, shaver point and partially tiled walls.

Outside 

Allocated Parking 
The vendor has advised that there is one allocated parking space.

Leasehold Information 
The vendor has advised of the below:

Service Charge: Approx £1200 Per Annum
Ground Rent: Approx £291.16 Per Annum

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, Roath

029 2271 5121

Next Steps?

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