3 Bed Semi-Detached House, Refurb/BRRR, Cardiff, CF24 3SG, £350,000

Timbers Square, Cardiff, CF24 3SG - 4 views - 9 months ago

Sold STC
Refurb/BRRR
~95 m²
+21 photos

ValuationOvervalued

Sold Prices£171K - £550K
Sold Prices/m²£1.7K/m² - £5K/m²

 

 

Square Metres

~94.80 m²
Price/m²£3.7K/m²

Value Estimate

£225,026

 

 

End Value (After Refurb)

£348,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£18,700

Refurb Costs

£38,735

Bridging Loan Interest

£9,188

Total Cash In

£155,873

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£348,000

Mortgage (After Refinance)

£261,000

Mortgage LTV

75%

Cash Left In

£155,873

Equity

£87,000

Rent Range

£1,050 - £3,700

Rent Estimate

£1,455

Running Costs/mo

£1,399

Cashflow/mo

£57

Cashflow/yr

£678

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £171K to £550K, average is £311.5K. £1.7K/m² to £5K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£380K08/210.05 mi25, Timbers Square, Cardiff CF24 3SH3
£385K10/200.05 mi9, Timbers Square, Cardiff CF24 3SH3
£341K04/210.05 mi23, Timbers Square, Cardiff CF24 3SH3
£355K12/200.09 mi39, Princes Street, Cardiff CF24 3SL3
£405K03/210.09 mi44, Princes Street, Cardiff CF24 3SL3
£338K03/210.14 mi8, Trafalgar Road, Cardiff CF23 5BQ3
£535K01/230.14 mi34, Southminster Road, Cardiff CF23 5AT3
£517.5K11/220.16 mi5, Southminster Road, Cardiff CF23 5AT3
£395K10/210.18 mi4, Axminster Road, Cardiff CF23 5AR3
£420K03/210.19 mi20, Sturminster Road, Cardiff CF23 5AQ3
£550K05/230.2 mi17, Waterloo Gardens, Cardiff CF23 5AA3
£335K03/230.21 mi54, Richards Terrace, Cardiff CF24 1RX3
£240K11/200.21 mi62, Richards Terrace, Cardiff CF24 1RX3
£440K10/210.22 mi4, Agincourt Road, Cardiff CF23 5BN3
£445K12/220.25 mi17, Stallcourt Avenue, Cardiff CF23 5AL3
£402K05/210.25 mi20, Stallcourt Avenue, Cardiff CF23 5AN3
£385K02/210.25 mi14, Stallcourt Avenue, Cardiff CF23 5AN3
£425K04/230.26 mi26, Waterloo Gardens, Cardiff CF23 5AB3
£288K03/210.26 mi40, Deri Road, Cardiff CF23 5AJ3
£400K02/210.27 mi39, Deri Road, Cardiff CF23 5AH3
£282K10/220.29 mi164, Broadway, Cardiff CF24 1QJ3
£405K11/200.29 mi28, Westville Road, Cardiff CF23 5AG3
£473.1K01/230.32 mi132, Kimberley Road, Cardiff CF23 5AF3
£279.9K01/210.32 mi2, Stallcourt Close, Cardiff CF23 5EB3
£285K06/230.32 mi7, Stallcourt Close, Cardiff CF23 5EB3
£231.5K11/210.32 mi25, Cecil Street, Cardiff CF24 1NU3
£205K07/210.32 mi26, Cecil Street, Cardiff CF24 1NU3
£200K02/210.32 mi23, Cecil Street, Cardiff CF24 1NU3
£198K09/210.32 mi17, Blanche Street, Cardiff CF24 1QS3
£180K11/200.33 mi17, Bradley Street, Cardiff CF24 1PE3
£225K04/230.33 mi3, Arthur Street, Cardiff CF24 1QR3
£230K08/230.33 mi17, Arthur Street, Cardiff CF24 1QR3
£474K02/230.33 mi152, Kimberley Road, Cardiff CF23 5AF3
£171K11/200.33 mi11, Harold Street, Cardiff CF24 1NZ3
£350K06/230.33 mi69, Partridge Road, Cardiff CF24 3QY3
£236K03/210.34 mi136, Arran Street, Cardiff CF24 3HU3
£220K11/200.34 mi12, Elm Street, Cardiff CF24 3QR3
£205.5K06/210.34 mi11, Beresford Road, Cardiff CF24 1RA3
£190K12/200.34 mi24, Beresford Road, Cardiff CF24 1RA3
£245K07/230.34 mi18, Beresford Road, Cardiff CF24 1RA3
£220K11/200.35 mi35, Sapphire Street, Cardiff CF24 1PY3
£430K02/210.36 mi4, Alma Road, Cardiff CF23 5BD3
£189.9K06/210.36 mi24, Croft Street, Cardiff CF24 3DZ3
£200K03/210.36 mi16, Sapphire Street, Cardiff CF24 1PZ3
£249.9K07/230.37 mi118, Cyfarthfa Street, Cardiff CF24 3HG3
£405K06/230.39 mi10, Ilton Road, Cardiff CF23 5DU3
£390K12/200.39 mi31, Ilton Road, Cardiff CF23 5DU3
£210K06/210.39 mi69, Cecil Street, Cardiff CF24 1NW3
£250K04/230.39 mi148, Pearl Street, Cardiff CF24 1PN3
£227.5K03/230.4 mi28, Elm Street, Cardiff CF24 3QS3

Local Rents

38 rents from £1.1K/mo to £3.7K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,35012/240.05 miNewport Road, Newport Road, Cardiff, South Glamorgan, CF24 1RH3
£2,75012/240.15 mi-3
£2,75003/250.15 mi-3
£1,95004/240.17 miSandringham Road, Penylan, Cardiff3
£1,50012/240.19 mi-3
£1,50012/240.2 miNewport Road, Roath3
£1,60012/240.24 miOakfield Street, Roath, Cardiff3
£1,20012/240.24 miNewport Road, CARDIFF3
£1,60012/240.25 miRoath, Cardiff, CF243
£1,60005/240.25 mi-3
£1,35012/240.26 miStacey Road, Cardiff3
£1,25012/240.31 mi-3
£1,54512/240.32 miTreharris Street, Roath, Cardiff, CF24 3HQ3
£1,30002/240.33 mi-3
£1,60512/240.33 miArran Street, Cardiff3
£3,70003/250.34 mi-3
£1,60012/240.34 miBeresford Road, CARDIFF3
£1,30003/240.35 miFfordd Nowell, Penylan, Cardiff, CF23 9FB3
£1,59004/240.35 miDoe Close, Penylan, Cardiff3
£1,25004/240.36 miFfordd Nowell, Penylan, Cardiff3
£1,25005/240.36 miFfordd Nowell, Penylan, Cardiff3
£1,25005/240.36 miFfordd Nowell, Penylan, Cardiff3
£1,39512/240.36 miHarold Street, Splott3
£1,10003/240.4 mi-3
£1,05003/240.42 miBalaclava Road, Penylan3
£1,47512/240.42 miSt Martins Row, Albany Road, Roath3
£1,25012/240.42 miTreharris Street, CARDIFF3
£1,40012/240.49 miCyfarthfa Street, Roath3
£1,45012/240.52 miArran Street, Roath, CF243
£1,20012/240.52 miCarlisle Street, Splott, CF24 2PD3
£1,35012/240.54 miSystem Street, Cardiff(City), CF243
£1,20012/240.55 miBurnaby Street, Splott, Cardiff, CF243
£1,62012/240.56 miThe Coach House, Carlisle Street, Cardiff3
£1,35012/240.57 miSystem Street, Cardiff , 3
£1,35012/240.58 miCity Road, Roath3
£1,50012/240.58 miAlbany Road, Roath, CF24 3RP3
£1,68012/240.59 miRussell Street, Cardiff3
£1,27502/240.59 mi-3

Local Area Statistics

Population in CF24

55,148

Population in Cardiff

357,494

Town centre distance

1.66 miles away

Nearest school

0.10 miles away

Nearest train station

0.91 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Price changed to £350,000

December 4, 2024

Listed for £375,000

July 1, 2024

Floor Plans

Description

  • Semi Detached Property +
  • Three Bedrooms +
  • Sought After Location +
  • Lounge & Sitting Room +
  • Gardens to Front & Rear +
  • In Need of Modernisation +
  • EPC Rating tbc +
  • No Onward Chain +

DESCRIPTION A semi detached property in need of modernisation in the Roath area of Cardiff close to many local amenities and excellent transport links to the city centre and A48/M4 motorway. The property briefly comprises hallway, cloakroom, lounge, sitting room, kitchen, three bedrooms and bathroom. Outside there are gardens to front and rear  

LOCATION Timbers Square is situated in the Roath area of Cardiff with Albany Road nearby offering a range of shops, bars, restaurants, cafes and much more. The ever popular Roath Park is a short walk away. Schools of all levels are nearby. Great transport links to the city centre and A48/M4 motorway. 

HALLWAY Entered via obscure double glazed door with obscure double glazed panels to side and over. Original decorative leaded window to side. Stairs rising to first floor with under stairs storage. Radiator. 

CLOAKROOM Upvc double glazed window to side. Wall mounted wash hand basin and low level wc. 

LOUNGE 14' 10" into bay x 12' 5" into alcove (4.54m x 3.80m) Upvc double glazed bay window to front. Wall lights. Storage cupboards to both alcoves. Living flame coal effect gas fire. Radiator. 

SITTING ROOM 13' 10" x 11' 9" (4.22m x 3.60m) Upvc double glazed patio doors to rear garden with upvc double glazed panels to side and above. Built in storage cupboard to one alcove. Coal effect gas fire. Radiator.  

KITCHEN 20' 9" x 6' 9" (6.34m x 2.08m) Double glazed windows to side and rear with obscure double glazed panel to side. Strip light to ceiling. Range of fitted base and wall units with work surface and tiled splash backs incorporating stainless steel sink unit with drainer. Wall mounted glass cupboard. Bult in electric oven with inset hob and extractor fan over. Recess for fridge freezer. Plumbing for washing machine. Recess for tumble dryer. 

FIRST FLOOR LANDING - Upvc obscure double glazed window to side. Access to loft space. 

BEDROOM ONE 14' 0" into bay x 9' 3" to wardrobe front (4.28m x 2.82m) Upvc double glazed bay window to front. Range of fitted wardrobes with hanging and shelving. Radiator. 

BEDROOM TWO 12' 9" x 9' 9" (3.90m x 2.98m) Double glazed window to rear. Built in wardrobes with hanging and shelving. Further storage cupboard. Radiator. 

BEDROOM THREE 10' 4" x 7' 10" (3.17m x 2.39m) Double glazed window to front. Radiator. 

OUTSIDE FRONT GARDEN - Generous corner plot with driveway leading to garage. Lawned areas. Mature shrub and flower borders.

REAR GARDEN - Enclosed lawned area. Patio area. Mature shrub and flower borders. Wooden gate with access to side and front garden.

Agent Details

MGY, Heath

029 2271 1375

Next Steps?

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