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
BMV23%

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.

PriceDateDistanceAddressBeds 
£210K06/210.69 mi232, Mackintosh Place, Cardiff CF24 4RT6
£650K12/220.79 mi16, Cyncoed Road, Cardiff CF23 5SG6
£1.4M06/230.8 mi28, Ty Gwyn Road, Penylan, Cardiff CF23 5JF6
£270K06/230.81 mi93, Crwys Road, Cardiff CF24 4NF6
£915K03/230.82 mi44, Ty-draw Road, Penylan, Cardiff CF23 5HD6
£395K10/210.82 mi1a, Catherine Street, Cardiff CF24 4EF6
£270K05/210.88 mi23, Tewkesbury Street, Cardiff CF24 4QQ6
£270K10/210.91 mi4, Treorchy Street, Cardiff CF24 4JP6
£270K10/210.91 mi4, Treorchy Street, Cardiff CF24 4JP6
£410K05/230.97 mi1, Pentyrch Street, Cardiff CF24 4JW6
£700K05/211.22 mi81, Lake Road West, Cardiff CF23 5PH6
£835K05/211.28 mi8, Brynteg Close, Cardiff CF23 6AS6
£600K07/231.51 mi3, Dyfrig Street, Cardiff CF11 9LR6
£960K03/231.53 mi24, Plasturton Gardens, Cardiff CF11 9HF6
£865K09/221.53 mi20, Plasturton Gardens, Cardiff CF11 9HF6
£360K12/221.97 mi19, Colwyn Road, Rumney, Cardiff CF3 3JS6
£568K03/212.07 mi304, Heathwood Road, Cardiff CF14 4HT6
£790K05/232.41 mi7, Chargot Road, Cardiff CF5 1EW6
£625K06/212.43 mi60, Milestone Close, Cardiff CF14 4NQ6
£874K02/212.43 mi129, Pencisely Road, Cardiff CF5 1DL6
£1.2M03/232.65 mi6, The Avenue, Llandaff, Cardiff CF5 2LQ6
£950K07/212.92 mi2, The Glade, Llanishen, Cardiff CF14 0PN6

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

ROATH LOCATION, NEAR TO CITY CENTRE, SIX BEDROOMS, NO CHAIN, CLOSE TO AMENETIES SUCH AS NEWPORT ROAD, ALBANY ROAD AND WELLFIELD ROAD.

RENTAL ACHIEVMENT COULD BE £2,600 WITH CORRECT LICENSING IN PLACE ( HMO )

A perfect Investment opportunity (subject to necessary licensing) or Family home!
Located within easy reach of the city centre, university campuses and local amenities, including Roath Park, Wellfield Road and Newport Road.

Schools nearby such Abany Primary School and Ysgol Glan Morfa.

Ideal for large families, those looking for extra space, spread across three floors. This traditional home is situated in the vibrant and sought after area of Roath.
Retaining much of its traditional charm with original features such as high ceilings and period fire places, this property seamlessly blends character with convenience.

This house offers an versatile living space. The ground floor boasts two spacious reception rooms, perfect for entertaining or family living and a lounge for that extra space. The kitchen is also located on the ground floor with fitted utilities. There is also a compact utility room with a WC on the side for convenience.

To the first floor, there are four bedrooms. Two double bedrooms and Two smaller sized rooms, all big enough to fit furniture and offer space to unwind and relax. There is also a shower room and separate toilet to accommodate versatile living.

To the second floor, there is two further bedrooms, both double sized and can comfortably fit double / king sized beds and furniture. There is also a family bathroom located on the second floor.

On average an 11 minuet drive to Cardiff City Centre ( dependant on traffic and delays ) and an 32 minute walk.

DO NOT MISS OUT ON THIS PROPERTY - CALL US TODAY TO ARRANGE YOUR VIEWING SLOT.

Agent Details

Taylors Estate Agents, Roath

029 2002 8247

Next Steps?

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