2 Bed Flat, Single Let, Cardiff, CF11 7JU, £160,000

Ffordd James Mcghan, Cardiff, CF11 7JU - 6 months ago

Sold STC
Leasehold
BTL
ROI: 6%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£104.5K - £317.5K
Sold Prices/m²£1.9K/m² - £3.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£175,474
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Total Cash In

£46,000

 

 

Cash Out

 

Rent Range

£800 - £2,500

Rent Estimate

£944

Running Costs/mo

£709

Cashflow/mo

£235

Cashflow/yr

£2,822

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £104.5K to £317.5K, average is £135K. £1.9K/m² to £3.6K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£156K12/220.02 mi184, Ffordd James Mcghan, Cardiff CF11 7JU2
£127.5K06/210.15 mi87, Seager Drive, Cardiff CF11 7FD2
£149K11/220.15 mi87, Seager Drive, Cardiff CF11 7FD2
£132K03/230.18 mi82, Harrison Way, Cardiff CF11 7GX2
£119K11/200.2 mi20, Seager Drive, Cardiff CF11 7QA2
£130K10/210.2 mi12, Seager Drive, Cardiff CF11 7QA2
£135K03/230.2 mi20, Seager Drive, Cardiff CF11 7QA2
£119K10/200.2 mi21, Morel Court, Cardiff CF11 7FF2
£121K06/210.2 mi3, Morel Court, Cardiff CF11 7FF2
£135K03/210.21 mi7, Shearman Place, Cardiff CF11 7FA2
£134.9K02/230.22 mi52, Harrison Way, Cardiff CF11 7PE2
£152K12/220.22 mi51, Harrison Way, Cardiff CF11 7PE2
£123K07/210.22 mi54, Harrison Way, Cardiff CF11 7PE2
£124K01/210.24 mi10, Claymore Place, Cardiff CF11 7JJ2
£152K11/220.24 mi11, Claymore Place, Cardiff CF11 7JJ2
£130K11/200.24 mi100, Seager Drive, Cardiff CF11 7FE2
£130K11/200.24 mi137, Seager Drive, Cardiff CF11 7FE2
£110K11/200.24 mi132, Seager Drive, Cardiff CF11 7FE2
£133.5K10/200.24 mi151, Seager Drive, Cardiff CF11 7FE2
£172.5K07/230.26 mi91, Jim Driscoll Way, Cardiff CF11 7JN2
£124K11/200.26 mi5, Campbell Drive, Cardiff CF11 7QE2
£128K04/210.26 mi13, Campbell Drive, Cardiff CF11 7QE2
£170K12/220.27 mi56, Jim Driscoll Way, Cardiff CF11 7JL2
£161K12/220.28 mi40, Campbell Drive, Cardiff CF11 7TQ2
£140K06/210.28 mi216b, Clive Street, Cardiff CF11 7JG2
£155K12/220.29 mi35, O'leary Drive, Cardiff CF11 7EB2
£142K11/200.29 mi13, Oleary Drive, Cardiff CF11 7EB2
£130K10/200.29 mi23, Oleary Drive, Cardiff CF11 7EB2
£135K12/210.29 mi40, Oleary Drive, Cardiff CF11 7EB2
£150K02/230.3 mi22, O'leary Drive, Cardiff CF11 7EB2
£151K06/230.3 mi6, O'leary Drive, Cardiff CF11 7EB2
£140K05/210.3 mi19, Oleary Drive, Cardiff CF11 7EB2
£163K04/230.3 mi13, O'leary Drive, Cardiff CF11 7EB2
£150K06/230.3 mi9, O'leary Drive, Cardiff CF11 7EB2
£170K02/230.3 mi18, Jim Driscoll Way, Cardiff CF11 7JA2
£120K08/210.3 mi53, Cory Place, Cardiff CF11 7QB2
£129K03/210.3 mi9, Cory Place, Cardiff CF11 7QB2
£130K12/200.3 mi61, Cory Place, Cardiff CF11 7QB2
£131K10/200.3 mi58, Campbell Drive, Cardiff CF11 7TQ2
£125K06/210.3 mi50, Campbell Drive, Peasedown St John, Cardiff CF11 7TQ2
£142K02/210.3 mi136, Campbell Drive, Cardiff CF11 7TQ2
£170K05/210.4 mi106, Jim Driscoll Way, Cardiff CF11 7JR2
£210K03/230.4 mi131, Jim Driscoll Way, Cardiff CF11 7JR2
£160K06/210.47 mi65, Grangemoor Court, Cardiff CF11 0AA2
£145K12/200.53 mi31, Grangemoor Court, Cardiff CF11 0AL2
£317.5K12/200.57 mi48, Windsor Esplanade, Cardiff CF10 5BG2
£104.5K12/200.64 mi21, Eleanor Place, Cardiff CF10 5BJ2
£135K07/210.65 mi202, Taff Embankment, Cardiff CF11 7BP2
£233K04/230.69 mi102, Judkin Court, Cardiff CF10 5AX2
£230K01/230.69 mi156, Judkin Court, Cardiff CF10 5AX2

Local Rents

50 rents from £800/mo to £2.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,00004/240 miFfordd James McGhan, CARDIFF2
£1,10003/240.02 miFfordd James Mcghan, Cardiff Bay2
£1,10004/240.04 miFfordd James Mcghan, Cardiff Bay2
£99504/240.06 miFfordd James McGhan, Cardiff, 2
£99510/230.07 mi-2
£1,20003/240.08 miFfordd James McGhan, Ferry Road, Cardiff Bay2
£1,00003/240.12 miFfordd James McGhan, Cardiff Bay2
£1,10004/240.12 miFfordd James McGhan, Cardiff2
£95003/240.14 miFfordd James Mcghan, Cardiff, CF112
£1,00003/240.15 miSeager Drive, Windsor Quay, Cardiff Bay2
£97503/240.19 miSeager Drive, Windsor Quay, Cardiff Bay2
£95012/240.2 miHarrison Way, Windsor Quay, Cardiff Bay2
£1,20003/240.21 miHarrison Way, Cardiff Bay2
£1,30003/240.22 miEmpire Way, Ferry Road, Cardiff Bay2
£1,10005/240.22 miHarrison Way, Cardiff Bay2
£1,05003/240.23 miKestell Drive, Cardiff Bay2
£1,05004/240.23 miKestell Drive, Cardiff Bay2
£1,10003/240.25 mi67 Beatrix House, Victoria Wharf, Dunleavy Drive2
£1,15005/240.26 miJim Driscoll Way, CARDIFF2
£80004/240.26 miCampbell Drive, Windsor Quay, Cardiff Bay2
£1,05005/240.26 miCampbell Drive, Cardiff Bay, Cardiff2
£1,00003/240.27 miThe Sand Wharf, Jim Driscoll Way, Cardiff2
£1,27005/240.29 mi-2
£1,27004/240.29 miWindsor Quay, Cardiff, CF112
£95004/240.3 mi-2
£95003/240.3 miCampbell Drive, CARDIFF2
£97503/240.32 miClive Street, Grangedown, CF11 7HR2
£99003/240.33 miClive Street, Grangetown, CF11 7HQ2
£1,95004/240.34 mi-2
£1,00003/240.38 miKent Street, Cardiff, CF112
£1,00005/240.38 miKent Street, Cardiff, CF112
£1,10003/240.38 miJones Point House , Ferry Court, Cardiff2
£1,17503/240.38 miFerry Court, CARDIFF2
£1,10003/240.38 miJones Point House, Prospect Place, 4th Floor2
£1,10003/240.38 miAlderney House, Prospect Place, 1st Floor2
£1,10003/240.38 miAlderney House, Prospect Place, 1st Floor2
£1,05003/240.38 miGreat Ormes House, Ferry Court, Cardiff2
£1,40011/230.38 mi-2
£1,30012/240.38 mi-2
£1,10004/240.38 mi-2
£1,10003/240.38 miFerry Court, Cardiff, CF112
£2,50003/240.39 miLady Isle House, Prospect Place, Cardiff Bay2
£1,20003/240.39 miLady Isle House, Prospect Place, Cardiff Bay2
£1,12510/230.39 mi-2
£1,12502/250.39 mi-2
£1,30004/240.39 miLady Isle House, Ferry Court, Prospect Place2
£1,30005/240.39 miLady Isle House, Prospect Place2
£1,05005/240.39 mi-2
£95002/250.39 mi-2
£1,05003/240.39 miClive Street, Cardiff, CF112

Local Area Statistics

Population in CF11

36,147

Population in Cardiff

357,494

Town centre distance

2.99 miles away

Nearest school

0.40 miles away

Nearest train station

0.64 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Listed for £160,000

September 14, 2024

Floor Plans

Description

  • TWO BEDROOM APARTMENT +

  • EN-SUITE AND BATHROOM +

  • PARKING +

  • CLOSE TO CARDIFF BAY +

SUMMARY
We are delighted to be offering for sale this well presented two bedroom apartment situated in a popular residential location within easy access to Cardiff Bay and excellent link roads.

DESCRIPTION
We are delighted to be offering for sale this well presented two bedroom apartment situated in a popular residential location within easy access to Cardiff Bay and excellent link roads. This modern property briefly comprises of; Secure commual entrance, two double bedrooms, modern en-suite and bathroom, open planed lounge- kitchen and diner. The property further boasts an undercroft car parking space. To fully appreciate what is on offer an early internal inspection comes recommended.

Entrance Hall 

Kitchen- Lounge- Diner 22' x 11' 7" ( 6.71m x 3.53m )

Bedroom 1 10' 8" x 10' 8" ( 3.25m x 3.25m )

En-Suite 

Bedroom 2 11' 9" x 8' 3" ( 3.58m x 2.51m )

Bathroom 

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Allen & Harris, Canton

029 2271 4935

Next Steps?

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