6 Bed HMO, Cardiff, CF24 3PU, £400,000
Connaught Road, CARDIFF, South Glamorgan, CF24 3PU - 4 views - 6 months ago
Sold STC
HMO
ROI: 5%
~186 m²





+13 photos
ValuationUndervalued
Sold Prices | £210K - £1.4M |
Sold Prices/m² | £1.5K/m² - £4K/m² |
| |
Square Metres | ~186 m² |
Price/m² | £2.2K/m² |
Value Estimate | £510,450 |
BMV | 23% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £100,000 |
Stamp Duty & Legal Fees | £21,900 |
Total Cash In | £121,900 |
| |
Cash Out | |
Room Rate | £529 |
Gross Rent | £3,174 |
Running Costs/mo | £2,603 |
Cashflow/mo | £571 |
Cashflow/yr | £6,849 |
ROI | 6% |
Gross Yield | 10% |
Local Sold Prices
22 sold prices from £210K to £1.4M, average is £637.5K. £1.5K/m² to £4K/m², average is £2.9K/m².
Local Area Statistics
Population in CF24 | 55,148 |
Population in Cardiff | 357,494 |
Town centre distance | 1.49 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.76 miles away |
| |
Rental demand | Landlord's market |
Sales demand | Seller's market |
Capital growth (5yrs) | +22% |
Property History
Price changed to £400,000
January 3, 2025
Listed for £415,000
September 7, 2024
Sold for £137,000
2001
Floor Plans

Description
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