3 Bed Semi-Detached House, Refurb/BRRR, Cardiff, CF14 4HE, £350,000

Maes Y Coed Road, Heath, Cardiff, CF14 4HE - 1 views - 7 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£174K - £460K
Sold Prices/m²£1.8K/m² - £4.8K/m²

 

 

Square Metres

~93 m²
Price/m²£3.8K/m²

Value Estimate

£299,217

 

 

End Value (After Refurb)

£308,943

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Refurb Costs

£37,882

Bridging Loan Interest

£9,188

Total Cash In

£153,020

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£308,943

Mortgage (After Refinance)

£231,707

Mortgage LTV

75%

Cash Left In

£153,020

Equity

£77,236

Rent Range

£900 - £3,200

Rent Estimate

£1,492

Running Costs/mo

£1,284

Cashflow/mo

£208

Cashflow/yr

£2,498

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £174K to £460K, average is £304.5K. £1.8K/m² to £4.8K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£335K12/200 mi117, Maes Y Coed Road, Cardiff CF14 4HE3
£350K12/200.07 mi86, Heathway, Cardiff CF14 4JW3
£355K03/210.09 mi15, St Brioc Road, Cardiff CF14 4HJ3
£387K09/230.11 mi136, Ton Yr Ywen Avenue, Cardiff CF14 4PD3
£427.5K01/230.2 mi29, St Edwen Gardens, Cardiff CF14 4JZ3
£270K06/210.21 mi46, Armoury Drive, Cardiff CF14 4NP3
£280K10/230.21 mi34, Armoury Drive, Cardiff CF14 4NP3
£260K09/210.21 mi27, Armoury Drive, Cardiff CF14 4NP3
£300K05/230.21 mi26, Armoury Drive, Cardiff CF14 4NP3
£450K03/230.21 mi48, Maes Y Coed Road, Cardiff CF14 4HG3
£335K07/210.23 mi33, Maes Y Coed Road, Cardiff CF14 4HB3
£280K06/230.24 mi26, Heol Mynydd Bychan, Cardiff CF14 4NL3
£250K04/230.24 mi90, Ton Yr Ywen Avenue, Cardiff CF14 4PB3
£190K03/210.28 mi316, Caerphilly Road, Cardiff CF14 4NT3
£265K02/210.28 mi332, Caerphilly Road, Cardiff CF14 4NT3
£385K12/200.31 mi22, St Denis Road, Cardiff CF14 4NA3
£401K12/200.31 mi5, Heathway, Cardiff CF14 4JQ3
£233K03/210.31 mi333, Caerphilly Road, Cardiff CF14 4QF3
£229K12/200.31 mi335, Caerphilly Road, Cardiff CF14 4QF3
£304K03/230.32 mi387, Caerphilly Road, Cardiff CF14 4SH3
£230.5K06/210.33 mi244, Caerphilly Road, Cardiff CF14 4NS3
£174K10/210.33 mi236, Caerphilly Road, Cardiff CF14 4NS3
£275K09/210.33 mi38, Tasker Square, Llanishen, Cardiff CF14 5ET3
£322.5K03/230.33 mi40, Tasker Square, Llanishen, Cardiff CF14 5ET3
£378K01/210.35 mi12, St Gowan Avenue, Cardiff CF14 4JX3
£308K03/210.36 mi11, Pum Erw Road, Cardiff CF14 4PE3
£347K12/230.36 mi5, Mostyn Square, Llanishen, Cardiff CF14 5FE3
£277.5K06/210.38 mi5, Ffordd Mograig, Cardiff CF14 4NG3
£460K10/230.38 mi138, Heathwood Road, Heath, Cardiff CF14 4BQ3
£382K05/230.39 mi40, Philip Close, Cardiff CF14 4SD3
£313.3K01/230.39 mi26, Watkins Square, Llanishen, Cardiff CF14 5EQ3
£291K08/230.4 mi228, Caerphilly Road, Cardiff CF14 4NR3
£295K06/210.4 mi220, Caerphilly Road, Cardiff CF14 4NR3
£342K06/210.41 mi28, Dryburgh Avenue, Cardiff CF14 4QN3
£295K10/210.42 mi46, Threipland Drive, Cardiff CF14 4PW3
£295K02/210.43 mi445, Caerphilly Road, Cardiff CF14 4SL3
£249K04/210.43 mi90, Watkins Square, Llanishen, Cardiff CF14 5FL3
£317K06/210.43 mi18, Toftingall Avenue, Cardiff CF14 4QP3
£440K06/230.44 mi27, Crystal Glen, Llanishen, Cardiff CF14 5QJ3
£375K10/200.44 mi27, Crystal Glen, Llanishen, Cardiff CF14 5QJ3
£285K06/230.44 mi86, Fishguard Road, Llanishen, Cardiff CF14 5PS3
£260K05/210.44 mi94, Fishguard Road, Llanishen, Cardiff CF14 5PS3
£321K04/230.44 mi82, Fishguard Road, Llanishen, Cardiff CF14 5PS3
£264K03/210.44 mi48, Ashbourn Way, Llanishen, Cardiff CF14 5EY3
£320K12/220.44 mi20, Phoenix Way, Cardiff CF14 4PQ3
£435K07/230.44 mi66, Heathwood Road, Heath, Cardiff CF14 4BP3
£305K12/220.45 mi17, Phoenix Way, Cardiff CF14 4PR3
£210K11/200.45 mi158, Fishguard Road, Llanishen, Cardiff CF14 5PU3
£285K08/230.45 mi55, Threipland Drive, Cardiff CF14 4PY3
£416K11/200.46 mi21, Llwyn Fedw Gardens, Cardiff CF14 4NX3

Local Rents

35 rents from £900/mo to £3.2K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,35002/250.21 mi-3
£1,45012/240.21 miArmoury Drive, Cardiff, CF143
£1,45012/240.24 miHeol Mynydd Bychan, Cardiff, Cardiff (County of), CF143
£1,30012/240.42 miCaerphilly Road, Heath, Cardiff3
£1,30012/240.42 miCaerphilly Road, Cardiff, CF143
£1,15012/240.43 miWatkins Square, Llanishen, Cardiff3
£1,15012/240.47 mi-3
£90012/240.52 miPen Y Groes Road, Rhiwbina, Cardiff3
£1,40012/240.63 miPantbach Road, Birchgrove, Cardiff(City), CF143
£1,95001/250.69 mi-3
£1,75012/240.69 mi-3
£1,46012/240.88 mi-3
£1,40002/250.88 mi-3
£1,70003/240.97 miLlandennis Avenue, Cyncoed3
£1,35011/231.03 mi-3
£1,65003/241.06 mi-3
£1,57512/241.06 mi-3
£1,65003/251.06 mi-3
£1,57512/241.06 miWhitchurch Road, Cardiff, CF143
£1,72503/251.06 mi-3
£1,50011/231.07 mi-3
£1,57512/241.07 miWhitchurch Road, Heath, Cardiff, CF14 3NF3
£1,59012/241.07 miWhitchurch Road, Heath, Cardiff, CF14 3NF3
£1,30012/241.08 miGlan-y-nant Road, Cardiff(City), CF143
£1,50004/241.1 miClearwater Way, CARDIFF3
£1,50003/241.1 miClearwater Way, CARDIFF3
£1,40004/241.1 miClearwater Way, CARDIFF3
£1,40012/241.1 miCourt Close, CARDIFF3
£3,20012/241.12 mi-3
£1,56502/251.13 mi-3
£1,42504/241.15 miTorrens Drive, Lakeside3
£1,50012/241.17 mi-3
£1,80003/251.17 mi-3
£1,49512/241.18 miEdington Avenue, Cardiff(City), CF143
£1,50012/241.18 mi-3

Local Area Statistics

Population in CF14

77,733

Population in Cardiff

357,494

Town centre distance

1.23 miles away

Nearest school

0.10 miles away

Nearest train station

0.19 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Listed for £350,000

September 1, 2024

Floor Plans

Description

  • Traditional Semi-Detached Property +
  • 3 Bedrooms +
  • Long Driveway +
  • Garage +
  • Gas Central Heating +
  • 17 ft. Galley Style Kitchen +
  • 21 ft. Lounge/Diner +
  • Short walk to Ton-Yr-Ywen Primary School +
  • In need of General Upgrading and Modernisation +

A traditional bay fronted semi-detached family residence build around the 1950's, having been in the same family ownership from new, now in need of general upgrading and modernisation, with excellent potential to enhance.

Conveniently located near all local amenities and only a short walk to Ton-Yr-Ywen Primary School. Porch, central hall, 21ft lounge/diner, bay fronted sitting room, 17ft galley style kitchen, three bedrooms, family bathroom. Gas central heating.

Lawned rear garden. Long side driveway, garage.

EPC Rating : D

Viewing strictly by prior appointment. All statements contained in the particulars are not to be relied on as representations of fact. All representations contained in the particulars are based on details supplied by the Vendor.

Agent Details

Kelvin Francis, Cardiff

029 2271 1419

Next Steps?

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