7 Bed HMO, Cardiff, CF24 4QY, £525,000

Cyprian House, Monthermer Road, Cardiff, CF24 4QY - 1 views - 10 months ago

HMO
ROI: 7%
~217 m²
+11 photos

ValuationUndervalued

Sold Prices£215K - £705K
Sold Prices/m²£1.8K/m² - £8.4K/m²

 

 

Square Metres

~217 m²
Price/m²£2.4K/m²

Value Estimate

£636,559
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£131,250

Stamp Duty & Legal Fees

£43,700

Total Cash In

£174,950

 

 

Cash Out

 

Room Rate

£630

Gross Rent

£4,410

Running Costs/mo

£3,390

Cashflow/mo

£1,020

Cashflow/yr

£12,241

ROI

7%

Gross Yield

10%

Local Sold Prices

50 sold prices from £215K to £705K, average is £357.8K. £1.8K/m² to £8.4K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£260K11/200.07 mi1, Tewkesbury Place, Cardiff CF24 4QU4
£260K11/200.07 mi1, Tewkesbury Place, Cardiff CF24 4QU4
£260K11/200.07 mi1, Tewkesbury Place, Cardiff CF24 4QU4
£340K06/220.08 mi81, Pen Y Wain Road, Cardiff CF24 4GG4
£225K03/210.11 mi66, Dogfield Street, Cardiff CF24 4QZ4
£250K02/230.12 mi108, Malefant Street, Cardiff CF24 4QE4
£425K11/200.12 mi67, Shirley Road, Cardiff CF23 5HL4
£412K06/210.12 mi11, Shirley Road, Cardiff CF23 5HL4
£425K05/230.12 mi51, Shirley Road, Cardiff CF23 5HL4
£530K03/230.13 mi5, Tydfil Place, Cardiff CF23 5HP4
£620K11/220.13 mi23, Tydfil Place, Cardiff CF23 5HP4
£455K04/230.15 mi31, Morlais Street, Cardiff CF23 5HQ4
£482K05/210.17 mi9, Boverton Street, Cardiff CF23 5ES4
£610K03/230.17 mi26, Boverton Street, Cardiff CF23 5ES4
£305K09/210.21 mi29, Malefant Street, Cardiff CF24 4QB4
£215K02/210.27 mi15, Norman Street, Cardiff CF24 4NU4
£325K06/230.3 mi117, Donald Street, Cardiff CF24 4TN4
£327K02/230.31 mi95, Inverness Place, Cardiff CF24 4RW4
£255K11/210.37 mi17, Lisvane Street, Cardiff CF24 4LH4
£255K11/210.39 mi17, Lisvane Street, Cardiff CF24 4LH4
£363K11/200.41 mi86, Angus Street, Cardiff CF24 3LX4
£249.9K01/210.42 mi7, Llantrisant Street, Cardiff CF24 4JB4
£586K05/230.42 mi20, Brandreth Road, Cardiff CF23 5NW4
£230K03/210.43 mi50, Arabella Street, Cardiff CF24 4TA4
£230K05/210.44 mi14, Donald Street, Cardiff CF24 4TQ4
£625K08/210.44 mi8, Lady Mary Road, Cardiff CF23 5NS4
£375K03/210.46 mi10, Wasdale Close, Cardiff CF23 5NY4
£333.7K01/210.46 mi44, Inglefield Avenue, Cardiff CF14 3PZ4
£357.5K01/230.46 mi22, Inglefield Avenue, Cardiff CF14 3PZ4
£338K07/230.48 mi8, Rhigos Gardens, Cardiff CF24 4LS4
£375K10/230.48 mi136, Clodien Avenue, Cardiff CF14 3NQ4
£255K02/230.49 mi6, Angus Street, Cardiff CF24 3LY4
£399.5K04/210.52 mi21, Eskdale Close, Cardiff CF23 5LF4
£318K01/210.53 mi46, Llanishen Street, Cardiff CF14 3QD4
£455K01/210.56 mi8, Brandreth Gardens, Cardiff CF23 5NJ4
£285.5K12/200.58 mi15, Wellfield Place, Cardiff CF24 3PD4
£220K04/230.59 mi83, Rhymney Street, Cardiff CF24 4DH4
£391K05/230.62 mi9, Soberton Avenue, Cardiff CF14 3NJ4
£358K04/230.62 mi40, Soberton Avenue, Cardiff CF14 3NJ4
£220K09/210.62 mi148, Glenroy Street, Cardiff CF24 3LA4
£360K02/230.63 mi114, Cottrell Road, Roath, Cardiff CF24 3EX4
£285K03/230.64 mi136, Colum Road, Cardiff CF10 3EJ4
£350K03/230.65 mi23, Newfoundland Road, Cardiff CF14 3LA4
£390K09/210.66 mi1, Harrismith Road, Cardiff CF23 5DG4
£705K01/230.67 mi14, Bronwydd Avenue, Cardiff CF23 5JP4
£515K05/230.68 mi17, Cressy Road, Cardiff CF23 5BE4
£625K07/230.68 mi35, Westville Road, Cardiff CF23 5DE4
£485K01/210.69 mi4, Colchester Avenue, Penylan, Cardiff CF23 9BP4
£505K01/230.69 mi38, Mafeking Road, Cardiff CF23 5DQ4
£480K05/230.69 mi23, Kimberley Road, Cardiff CF23 5DJ4

Local Area Statistics

Population in CF24

55,148

Population in Cardiff

357,494

Town centre distance

0.69 miles away

Nearest school

0.30 miles away

Nearest train station

0.67 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £525,000

June 17, 2024

Floor Plans

Description

  • Yield 10.5% +
  • HMO License +
  • Seven en-suite bedrooms +
  • Modern kitchen with appliances +
  • Desirable area for Student & Professional Tenants +
  • Purpose Built in 2015 +

An outstanding investment opportunity in Cardiff's highly lucrative student market. This property is meticulously designed to offer the pinnacle of modern living, making it the ideal lifestyle choice for both young professionals and students. Situated in a prime location, it provides easy access to Heath Hospital, Roath Park, and Cardiff University.

This investment property features 7 spacious bedrooms, each with its own en-suite bathroom, ensuring maximum comfort and privacy for tenants. The property boasts luxury open-plan living spaces with state-of-the-art integrated designer 'Avantgarde' kitchens. High-speed internet connections, satellite TV cabling, and an intercom system are just a few of the quality features that make this property stand out.

Fully compliant with HMO licensing regulations and holding a valid HMO license. It is already rented for the 2024/2025 academic year at £630 per room (including bills), ensuring immediate income generation.

Key Investment Highlights:

- Guide Price: £520,000
- Total Annual Income: £52,920
- Gross Yield: 10.5%
- Prime location with excellent access to local amenities
- High demand from students and young professionals

Don’t miss out on this exceptional investment opportunity. Contact us today to arrange a viewing.

Agent Details

Key Executive Sales, Cardiff

029 2271 1634

Next Steps?

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