3 Bed Semi-Detached House, Refurb/BRRR, Cardiff, CF5 3DB, £265,000

Cartwright Lane, Fairwater, Cardiff, CF5 3DB - 5 views - 8 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~93 m²
+19 photos

ValuationOvervalued

Sold Prices£130K - £333K
Sold Prices/m²£1.5K/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2.8K/m²

Value Estimate

£209,755

 

 

End Value (After Refurb)

£260,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£66,250

Stamp Duty & Legal Fees

£9,900

Refurb Costs

£37,702

Bridging Loan Interest

£6,956

Total Cash In

£122,558

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£260,000

Mortgage (After Refinance)

£195,000

Mortgage LTV

75%

Cash Left In

£122,558

Equity

£65,000

Rent Range

£750 - £2,180

Rent Estimate

£1,231

Running Costs/mo

£1,079

Cashflow/mo

£152

Cashflow/yr

£1,828

ROI

1%

Gross Yield

6%

Local Sold Prices

50 sold prices from £130K to £333K, average is £241.3K. £1.5K/m² to £3.8K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£277.5K09/230.06 mi98, Bwlch Road, Cardiff CF5 3DA3
£333K02/230.11 mi21, Llanbedr Road, Cardiff CF5 3BU3
£325K06/230.12 mi42, Everswell Road, Cardiff CF5 3DJ3
£185.1K04/210.12 mi68, Bwlch Road, Cardiff CF5 3BZ3
£295K12/220.13 mi169, Bwlch Road, Cardiff CF5 3EE3
£240K03/210.13 mi37, Llangynidr Road, Cardiff CF5 3BR3
£230K09/210.13 mi33, Bwlch Road, Cardiff CF5 3BX3
£222K03/210.13 mi63, Bwlch Road, Cardiff CF5 3BX3
£250K07/230.13 mi3, Wellwright Road, Cardiff CF5 3EB3
£283K06/210.14 mi8, Llangynidr Road, Cardiff CF5 3BS3
£260K04/210.14 mi6, Llangynidr Road, Cardiff CF5 3BS3
£333K08/230.14 mi18, Llangynidr Road, Cardiff CF5 3BS3
£290K08/230.15 mi52, Wellwright Road, Cardiff CF5 3ED3
£203K03/210.18 mi156, St Fagans Road, Cardiff CF5 3EU3
£280K02/230.21 mi175, Bwlch Road, Cardiff CF5 3EE3
£262.5K11/200.23 mi6, Norbury Avenue, Cardiff CF5 3AY3
£242.5K05/210.23 mi178, Bwlch Road, Cardiff CF5 3EF3
£225K07/210.24 mi84, Doyle Avenue, Cardiff CF5 3HU3
£200K04/230.25 mi41, Holly Road, Cardiff CF5 3HH3
£190K06/230.25 mi28, Fern Place, Cardiff CF5 3HG3
£275K11/200.26 mi12, Perrots Close, Cardiff CF5 3HZ3
£235K04/210.27 mi29, Finchley Road, Cardiff CF5 3AX3
£227K12/200.27 mi25, Finchley Road, Cardiff CF5 3AX3
£258K05/230.27 mi32, Holly Road, Cardiff CF5 3HJ3
£195K01/230.27 mi30, Ronald Place, Cardiff CF5 4BJ3
£239.9K02/210.28 mi14, Plasmawr Road, Cardiff CF5 3JE3
£272K07/210.3 mi245, St Fagans Road, Cardiff CF5 3DL3
£249.9K05/210.32 mi16, St Fagans Close, Cardiff CF5 3AZ3
£280K03/210.32 mi38, Fairways Crescent, Cardiff CF5 3EA3
£300K08/230.32 mi38, Fairways Crescent, Cardiff CF5 3EA3
£149.5K12/200.34 mi124, Plymouthwood Road, Cardiff CF5 4DF3
£330K01/230.35 mi49, Fairways Crescent, Cardiff CF5 3DZ3
£190K11/230.35 mi40, Heol Muston, Cardiff CF5 4BB3
£260K12/200.35 mi5, St Fagans Close, Cardiff CF5 3AZ3
£180K03/230.36 mi36, Charteris Road, Cardiff CF5 4EW3
£133.9K06/210.36 mi12, Charteris Road, Cardiff CF5 4EW3
£265K12/210.37 mi77, St Fagans Road, Cardiff CF5 3AE3
£270K10/210.37 mi83, St Fagans Road, Cardiff CF5 3AE3
£165K01/210.37 mi24, Hollycroft Close, Cardiff CF5 4AN3
£257K12/210.38 mi8, Fairwater Avenue, Cardiff CF5 3AR3
£317K07/230.38 mi58, St Fagans Road, Cardiff CF5 3AL3
£202K10/210.38 mi34, Plas Mawr Road, Cardiff CF5 3JW3
£130K06/210.4 mi3, Archer Terrace, Cardiff CF5 4FW3
£190K02/230.4 mi8, Charteris Crescent, Cardiff CF5 4EX3
£180K03/210.4 mi43, Glan Ely Close, Cardiff CF5 3EJ3
£190K05/230.4 mi32, Glan Ely Close, Cardiff CF5 3EJ3
£225K08/210.42 mi20, Brook Road, Fairwater, Cardiff CF5 3AW3
£212K12/200.42 mi14, Peach Place, Fairwater, Cardiff CF5 3PL3
£250K08/230.43 mi7, Windrush Place, Cardiff CF5 3PG3
£200K11/200.43 mi7, Windrush Place, Cardiff CF5 3PG3

Local Rents

20 rents from £750/mo to £2.2K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,00003/250.37 mi-3
£90012/240.38 miSt. Fagans Rise, Fairwater, Cardiff3
£1,25003/250.4 mi-3
£75010/230.45 mi-3
£1,00012/240.47 miCowbridge Road West, CARDIFF3
£1,25003/250.59 mi-3
£2,18012/240.72 mi-3
£1,40012/240.75 miWest Orchard Crescent, Llandaff, Cardiff3
£1,30012/240.77 miWoodford Close, Llandaff3
£1,30012/240.79 miKeyston Road Cardiff3
£75012/240.81 miNarberth Road, Caerau, Cardiff3
£1,70012/240.91 mi-3
£1,20012/241 miSevenoaks Road Ely Cardiff CF5 4PY3
£1,29512/241.09 miVervain Close, Cardiff3
£1,20012/241.13 miNesta Road, Canton, Cardiff3
£1,30012/241.13 miEthel Street, CARDIFF3
£1,00012/241.16 miPrendergast Place, CARDIFF3
£1,75012/241.2 miAndrews Road, Llandaff North, Cardiff3
£1,49512/241.2 mi-3
£1,35012/241.23 miDulwich Gardens, Canton, Cardiff3

Local Area Statistics

Population in CF5

65,999

Population in Cardiff

357,494

Town centre distance

2.31 miles away

Nearest school

0.20 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+32%

Property History

Listed for £265,000

July 31, 2024

Floor Plans

Description

  • No Chain +
  • Semi-Detached House +
  • Open Through Lounge/Diner +
  • Fitted Kitchen & Shower Room +
  • Generous Size Rear Garden +
  • Off Street Parking +
  • In Need of Full Modernisation +
  • EPC - D +

No Chain! Placed on this popular street, adjacent to Fairwater Gree is this traditional, three bedroom semi-detached house with a fantastic size rear garden. In need of some modernisation but offering excellent potential, this really could make a wonderful family home.

The accommodation briefly comprises: Entrance Hall, Open plan Lounge/Diner opening into an Kitchen to the ground floor. To the first floor are Three Bedrooms and a Shower Room. The property further benefits from a generous rear garden, a garage as well as off street parking to the front.

Cartwright Lane is perfectly placed within walking distance of Fairwater Green and offers a good selection of local cafés, shops and amenities. There are excellent public transport links to hand via road and rail. Internal viewings are a must!

Entrance Hall - Entered via a double glazed front door with obscure windows to the front, radiator, coved ceiling, and stairs to the first floor with understairs storage.

Lounge - 8.00m x 3.30m (26'3 x 10'10) - Double glazed window to the front, double glazed patio doors to the rear, radiator, coved ceiling, archway to kitchen.

Kitchen - 4.27m x 1.73m (14' x 5'8) - Fitted with wall and base units with worktop over, four ring electric hob with cooker hood above, and electric oven and grill, space for a fridge/freezer, one and a half bowl sink and drainer, radiator, cork walls, laminate floor, double glazed window to the side, single glazed door to the rear garden.

Utility Area - Space and plumbing for a washing machine and tumble dryer, w.c.

First Floor Landing - Stairs rise up from the hall, double obscure glazed window to the side, access to loft space.

Bedroom One - 4.04m x 2.46m (13'3 x 8'1) - Double glazed bay window to the front, radiator, fitted wardrobes.

Bedroom Two - 3.78m x 3.07m max (12'5 x 10'1 max) - Double glazed window to the rear, radiator.

Bedroom Three - 1.88m x 2.36m (6'2 x 7'9) - Double glazed window to the front, radiator, combination boiler.

Bathroom - 1.85m x 2.21m (6'1 x 7'3) - Double glazed window to the rear, corner shower, w.c, bidet and wash hand basin, radiator, heated towel rail, tiled walls, laminate flooring.

Rea Garden - With patio and lawn area, mature plants,greenhouse and garden shed.

Garage -

Front - Parking for two vehicles.

Tenure And Additional Information - We have been advised by the seller that the property is freehold and the Council Tax band is D.

Agent Details

Hern & Crabtree, LLandaff

029 2271 4277

Next Steps?

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