2 Bed Flat, Single Let, Cardiff, CF11 0SG, £120,000

Victoria Wharf, Cardiff, CF11 0SG - 5 views - a year ago

Sold STC
Leasehold
BTL
ROI: 14%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£107.5K - £300K
Sold Prices/m²£1.5K/m² - £3.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£150,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£1,000 - £3,000

Rent Estimate

£1,003

Running Costs/mo

£596

Cashflow/mo

£407

Cashflow/yr

£4,889

ROI

14%

Gross Yield

10%

Local Sold Prices

50 sold prices from £107.5K to £300K, average is £135K. £1.5K/m² to £3.1K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£145K12/200.12 mi31, Grangemoor Court, Cardiff CF11 0AL2
£110K09/230.16 miFlat 20, Cogan Court, Cogan Pill Road, Llandough, Penarth, The Vale Of Glamorgan CF64 2NQ2
£110K04/210.16 miFlat 20, Cogan Court, Cogan Pill Road, Llandough, Penarth, The Vale Of Glamorgan CF64 2NQ2
£124K02/230.19 miFlat 18, Elizabethan Court, Windsor Road, Penarth, The Vale Of Glamorgan CF64 1BS2
£210K01/230.2 miApartment 10, The Anchorage, River Walk, Penarth, The Vale Of Glamorgan CF64 1SX2
£225K06/210.2 miApartment 8, The Anchorage, River Walk, Penarth, The Vale Of Glamorgan CF64 1SX2
£160K06/210.21 mi65, Grangemoor Court, Cardiff CF11 0AA2
£135K12/210.34 miFlat 4, Parkview Court, Andrew Road, Penarth, The Vale Of Glamorgan CF64 2NS2
£132.5K06/210.34 miFlat 9, Parkview Court, Andrew Road, Penarth, The Vale Of Glamorgan CF64 2NS2
£171K02/230.34 mi55, Dochdwy Road, Llandough, Penarth, The Vale Of Glamorgan CF64 2QD2
£152K12/220.39 mi6, Tuscan Close, Llandough, Penarth, The Vale Of Glamorgan CF64 2LN2
£250K03/210.39 mi20, Anchor Road, Penarth, The Vale Of Glamorgan CF64 1SL2
£155K12/220.4 mi35, O'leary Drive, Cardiff CF11 7EB2
£151K06/230.4 mi6, O'leary Drive, Cardiff CF11 7EB2
£140K05/210.4 mi19, Oleary Drive, Cardiff CF11 7EB2
£163K04/230.4 mi13, O'leary Drive, Cardiff CF11 7EB2
£150K06/230.4 mi9, O'leary Drive, Cardiff CF11 7EB2
£142K11/200.41 mi13, Oleary Drive, Cardiff CF11 7EB2
£130K10/200.41 mi23, Oleary Drive, Cardiff CF11 7EB2
£135K12/210.41 mi40, Oleary Drive, Cardiff CF11 7EB2
£150K02/230.41 mi22, O'leary Drive, Cardiff CF11 7EB2
£107.5K04/210.44 mi22, Corinthian Close, Llandough, Penarth, The Vale Of Glamorgan CF64 2LL2
£183K12/200.45 mi40, The Landings, Penarth, The Vale Of Glamorgan CF64 1SR2
£183K12/200.45 mi40, The Landings, Penarth, The Vale Of Glamorgan CF64 1SR2
£119K10/200.47 mi21, Morel Court, Cardiff CF11 7FF2
£121K06/210.47 mi3, Morel Court, Cardiff CF11 7FF2
£120K08/210.48 mi53, Cory Place, Cardiff CF11 7QB2
£129K03/210.48 mi9, Cory Place, Cardiff CF11 7QB2
£130K12/200.48 mi61, Cory Place, Cardiff CF11 7QB2
£119K11/200.49 mi20, Seager Drive, Cardiff CF11 7QA2
£130K10/210.49 mi12, Seager Drive, Cardiff CF11 7QA2
£135K03/230.49 mi20, Seager Drive, Cardiff CF11 7QA2
£134.9K02/230.49 mi52, Harrison Way, Cardiff CF11 7PE2
£152K12/220.49 mi51, Harrison Way, Cardiff CF11 7PE2
£123K07/210.49 mi54, Harrison Way, Cardiff CF11 7PE2
£124K11/200.5 mi5, Campbell Drive, Cardiff CF11 7QE2
£128K04/210.5 mi13, Campbell Drive, Cardiff CF11 7QE2
£252.5K03/210.51 miFlat 6, Ty Gwendollen, Marconi Avenue, Penarth, The Vale Of Glamorgan CF64 1SS2
£127.5K06/210.52 mi87, Seager Drive, Cardiff CF11 7FD2
£149K11/220.52 mi87, Seager Drive, Cardiff CF11 7FD2
£203K05/210.52 mi9, The Slipway, Penarth, The Vale Of Glamorgan CF64 1SH2
£124K01/210.52 mi10, Claymore Place, Cardiff CF11 7JJ2
£152K11/220.52 mi11, Claymore Place, Cardiff CF11 7JJ2
£132K03/230.53 mi82, Harrison Way, Cardiff CF11 7GX2
£300K12/220.54 miFlat 23, Ty Windsor, Marconi Avenue, Penarth, The Vale Of Glamorgan CF64 1ST2
£131K10/200.54 mi58, Campbell Drive, Cardiff CF11 7TQ2
£125K06/210.54 mi50, Campbell Drive, Peasedown St John, Cardiff CF11 7TQ2
£142K02/210.54 mi136, Campbell Drive, Cardiff CF11 7TQ2
£135K03/210.55 mi7, Shearman Place, Cardiff CF11 7FA2
£116K02/210.55 miFlat 6, Rowan House, Bridge Street, Penarth, The Vale Of Glamorgan CF64 2LH2

Local Rents

50 rents from £1K/mo to £3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,30003/240 miPicton, Victoria Wharf, Cardiff Bay2
£1,30003/240 miPicton, Victoria Wharf, Cardiff2
£1,30003/240.01 miPicton, Watkiss Way, Cardiff2
£1,25003/240.01 miPicton, Victoria Wharf2
£1,65010/240.01 mi-2
£1,15003/240.02 miRoma, Victoria Wharf, Cardiff Bay2
£1,15004/240.03 mi-2
£1,15004/240.03 miVictoria Wharf, Cardiff, CF112
£1,40011/230.03 miRoma, Victoria Wharf, Watkiss Way, Cardiff Bay2
£1,30003/240.03 miRoma House, Victoria Wharf2
£1,25003/240.03 miVictoria Wharf. Cardiff Bay2
£1,80004/240.03 miVictoria Wharf, Cardiff Bay - Penthouse2
£1,50005/240.03 miCatrine, Watkiss Way, Cardiff2
£1,30003/240.05 mi-2
£1,20005/240.07 miRavenswood, Watkiss Way, Cardiff2
£1,05004/240.08 miVictoria Wharf, Watkiss Way, Cardiff, Cardiff (County of), CF112
£1,00004/240.11 mi-2
£1,05003/240.12 miBurford Gardens, Cardiff2
£1,10003/240.12 miGrangemoor Court, Cardiff Bay2
£1,02505/240.12 miGrangemoor Court, Cardiff Bay, Cardiff, CF112
£1,10005/240.12 miGrangemoor Court, Cardiff Bay2
£1,10003/240.13 miBeatrix, Victoria Wharf2
£1,10004/240.13 miBeatrix, Victoria Wharf, Cardiff Bay2
£1,60005/240.13 miBeatrix, Victoria Wharf, Cardiff Bay2
£1,45005/240.13 mi-2
£1,05004/240.14 miVictoria Wharf, Cardiff Bay, 2nd Floor (Ref.1420)2
£1,30002/250.15 mi-2
£1,00005/240.15 mi-2
£1,20001/250.15 mi-2
£3,00003/250.15 mi-2
£1,05005/240.15 miVictoria Wharf, Cardiff CF11 0SA2
£1,15004/240.16 miAlexandria House, Victoria Wharf, Cardiff Bay2
£1,30001/250.2 mi-2
£1,05012/240.2 miRiver Walk, Penarth, CF642
£1,49505/240.2 mi53 Bayscape, Watkiss way, Cardiff, CF11 0TA2
£1,55003/240.21 miApartment , Bayscape Cardiff Marina, Watkiss Way, Cardiff2
£1,75003/240.21 miWhitewater House, Bayscape, Cardiff Marina2
£1,60004/240.21 miWhitewater House, Bayscape, Cardiff Marina2
£1,60004/240.21 miWhitewater House, Bayscape, Cardiff Marina2
£1,55004/240.21 miWhitewater House, Bayscape, Cardiff Marina2
£1,55003/240.22 miBayscape, Cardiff Bay2
£1,20004/240.22 miGrangemoor Court, Cardiff2
£1,10003/240.34 miFlatholm House, Prospect Place, 2nd Floor2
£1,10003/240.35 mi67 Beatrix House, Victoria Wharf, Dunleavy Drive2
£1,05004/240.38 miHartland House, Prospect Place2
£1,05004/240.38 miHartland House, Prospect Place2
£1,10003/240.38 miDouglas House, Propsect Place, 3rd Floor2
£1,50004/240.38 miWatermark , Ferry Road, Cardiff2
£1,20004/240.38 miWatermark, Ferry Road2
£1,30005/240.38 miWatermark, Ferry Road, Cardiff Bay2

Local Area Statistics

Population in CF11

36,147

Population in Cardiff

357,494

Town centre distance

3.56 miles away

Nearest school

0.40 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Listed for £120,000

April 25, 2024

Description

  • Council Tax - Band E +

  • Two Bedrooms +

  • Ensuite to Master +

  • Balcony +

  • Allocated Parking Space +

SUMMARY
Notice Of Offer - Property Address: 282 Picton Victoria Wharf, Cardiff. We advise that an offer has been made for the above property in the sum of £126,500 Any persons wishing to increase on this offer should notify the agents of their best offer prior to exchange of contracts.

DESCRIPTION
Located in the very sought after estate of Watkiss Way is this two bedroom flat sitauted on the 6th floor and is being sold with NO ONGOING CHAIN! The property is just a short walk from all local amenities such as shops, restaurants, pubs and transport links as well as being in close proximity to International Sports Village which houses the Vindico Arena, International Swimming Pool and White Water Rafting Centre! Internally the property comprises hallway, living room, kitchen, master bedroom with ensuite, second bedroom, family bathroom and balcony. The property further benefits from an allocated parking space, visitor bays and 24 hour conceirge! Viewings are highly recommended for this property. To book call or book via our website

Agents Note
This property has an offer accepted subject to contract but is still currently available to view.

Communal Entrance 

Hallway 

Living Room 14' 9" x 12' 6" ( 4.50m x 3.81m )

Kitchen 7' 9" x 10' 3" ( 2.36m x 3.12m )

Master Bedroom 15' 8" max x 9' 7" max ( 4.78m max x 2.92m max )

Ensuite 

Bedroom Two 9' 2" x 11' 7" max ( 2.79m x 3.53m max )

Bathroom 

Balcony 

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 PETER ALAN 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

Peter Alan, Canton

029 2271 6271

Next Steps?

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