3 Bed Flat, Single Let, Cardiff, CF24 4PH, £130,000

Gwennyth Street, Cardiff, CF24 4PH - 7 views - 6 months ago

Leasehold

BTL

ROI: 16%

~93 m²

+13 photos

ValuationUndervalued

Sold Prices	£120K - £510K
Sold Prices/m²	£1.1K/m² - £4.1K/m²

Square Metres	~93 m²
Price/m²	£1.4K/m²
Value Estimate	£158,600£158,600
BMV	22%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£32,500£32,500
Stamp Duty & Legal Fees	£5,100£5,100
Total Cash In	£37,600£37,600

Cash Out
Rent Range	£1,050 - £2,000£1,050 - £2,000
Rent Estimate	£1,144
Running Costs/mo	£655£655
Cashflow/mo	£489£489
Cashflow/yr	£5,867£5,867
ROI	16%16%
Gross Yield	11%11%

Local Sold Prices

18 sold prices from £120K to £510K, average is £207.5K. £1.1K/m² to £4.1K/m², average is £2.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£341K	04/21	0.49 mi	1a, Ty Draw Place, Cardiff CF23 5HF	£2,818	121	3	Flat
£485K	06/21	1.19 mi	Apartment 3, Magnolia, Cathedral Road, Cardiff CF11 9QH	-	-	3	Flat
£191.2K	12/20	1.48 mi	308, Heathwood Road, Heath, Cardiff CF14 4HT	£2,148	89	3	Flat
£192K	08/21	1.5 mi	20, Clare Street, Cardiff CF11 6BB	£1,083	177	3	Flat
£210K	10/20	1.61 mi	Flat 20, Roxby Court, Craiglee Drive, Cardiff CF10 4AG	-	-	3	Flat
£230K	04/23	1.69 mi	Flat 3, Androvan Court, Hollybush Road, Cardiff CF23 6TF	-	-	3	Flat
£255K	03/23	1.78 mi	70, Fishguard Road, Llanishen, Cardiff CF14 5PR	-	-	3	Flat
£186K	09/21	2.18 mi	Flat 5, Colwyn House, Bishops Close, Whitchurch, Cardiff CF14 1PF	-	-	3	Flat
£205K	12/22	2.26 mi	15, Judkin Court, Cardiff CF10 5AU	£2,253	91	3	Flat
£485K	11/23	2.29 mi	11, Redwood Court, Llanishen, Cardiff CF14 5RD	£4,145	117	3	Flat
£120K	01/21	2.35 mi	Flat 11, Downton Grange, New Road, Rumney, Cardiff CF3 3BW	-	-	3	Flat
£170K	07/21	2.7 mi	Flat 12, Rochester Mansions, Park Lane, Whitchurch, Cardiff CF14 7AX	-	-	3	Flat
£510K	06/21	2.72 mi	Flat 2, Cwrt Cefn House, Cwrt Cefn, Lisvane, Cardiff CF14 0US	-	-	3	Flat
£275K	03/23	2.73 mi	11, Barbrook Close, Lisvane, Cardiff CF14 0XG	-	-	3	Flat
£215K	07/23	2.86 mi	17, Kestell Drive, Cardiff CF11 7BF	£2,020	106	3	Flat
£187K	09/21	2.9 mi	148, Campbell Drive, Cardiff CF11 7TQ	£1,732	108	3	Flat
£205K	02/21	2.9 mi	142, Campbell Drive, Cardiff CF11 7TQ	£1,680	122	3	Flat
£125K	08/21	2.96 mi	Flat 2, Elm House, Hollybush Estate, Cardiff CF14 7DU	-	-	3	Flat

Local Rents

34 rents from £1.1K/mo to £2K/mo, average is £1.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,425	12/24	0.08 mi	-	3	Terraced House
£1,425	12/24	0.17 mi	-	3	Terraced House
£1,700	12/24	0.17 mi	Woodville Road, Cathays	3	Flat
£2,000	03/25	0.2 mi	-	3	Flat
£1,300	12/24	0.22 mi	Arabella Street, CARDIFF	3	Flat
£1,350	12/24	0.24 mi	Crwys Road, Cathays, Cardiff, CF24 4NL	3	Flat
£1,350	12/24	0.24 mi	Inverness Place, CARDIFF	3	Flat
£1,560	12/24	0.25 mi	May Street, Cathays, Cardiff	3	Flat
£1,200	05/24	0.26 mi	Ninian Road, Roath, Cardiff	3	Flat
£1,350	02/25	0.3 mi	-	3	Flat
£1,300	12/24	0.36 mi	-	3	Terraced House
£1,575	12/24	0.37 mi	Whitchurch Road, Heath, Cardiff, CF14 3JR	3	Flat
£1,650	12/24	0.39 mi	Hirwain Street, CATHAYS, CARDIFF	3	Flat
£1,725	03/25	0.4 mi	-	3	Flat
£1,500	03/25	0.41 mi	-	3	Flat
£1,250	12/24	0.41 mi	Allensbank Crescent, Heath, Cardiff	3	Terraced House
£1,485	12/24	0.41 mi	Richmond Road, Roath, Cardiff	3	Flat
£1,300	12/24	0.41 mi	Allensbank Road, Heath, Cardiff	3	Terraced House
£1,500	03/25	0.41 mi	-	3	Flat
£1,575	12/24	0.42 mi	Richards Street, Cardiff	3	Flat
£1,400	12/24	0.43 mi	Cosmeston Street, Cathays, Cardiff, CF24	3	Terraced House
£1,500	12/24	0.43 mi	Albany Road, Roath, CF24 3RP	3	Flat
£1,650	12/24	0.44 mi	Richmond Road, Roath	3	Flat
£1,620	12/24	0.44 mi	Cosmeston Street, Cathays, Cardiff	3	Flat
£1,575	12/24	0.46 mi	Richmond Road, Cardiff	3	Flat
£1,800	12/24	0.5 mi	-	3	Flat
£1,475	12/24	0.51 mi	St Martins Row, Albany Road, Roath	3	Flat
£1,050	03/24	0.55 mi	Balaclava Road, Penylan	3	Terraced House
£1,800	12/24	0.55 mi	Cogan Terrace, ,	3	Flat
£1,500	12/24	0.57 mi	Cathays Terrace, Cathays, Cardiff	3	Flat
£1,350	12/24	0.59 mi	City Road, Roath	3	Flat
£1,450	12/24	0.6 mi	Arran Street, Roath, CF24	3	Terraced House
£1,230	11/23	0.61 mi	Colum Road, Cardiff, Cardiff (County of), CF10	3	Flat
£1,950	03/24	0.62 mi	Lake View Apartments, Lady Mary Road, Cardiff	3	Flat

Local Area Statistics

Population in CF24	55,14855,148
Population in Cardiff	357,494357,494
Town centre distance	0.74 miles away0.74 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.62 miles away0.62 miles away

Rental demand	Landlord's marketLandlord's market
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+22%+22%

Property History

Listed for £130,000

September 16, 2024

Floor Plans

Description

Taylors Estate Agents are pleased to offer this great investment opportunity.

£1650.00 PCM.

Three bedroom property spread across ground floor & first floor. Ideal for those looking to invest in property. This multi-Level layout provides a spacious living environment. This property offers strong potential for steady rental income in Cardiff’s growing property market.

Given its location in Cardiff, it may benefit from proximity to local amenities, transport links and the city centre and university, making this an attractive opportunity for both capital growth and rental yields.

The property offers three good sized bedrooms, all offered with en-suites. There is also a shared kitchen.

Call Taylors today to secure your viewing slot.

Agent Details

Taylors Estate Agents, Roath

029 2002 8247

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

Sold STC

2 Bed House, Single Let, Cardiff, CF24 4PE

£240,000

6 months ago • 68 m²

Sold STC

2 Bed Flat, Single Let, Cardiff, CF24 4GG

£195,000

17 days ago • 68 m²

3 Bed House, Single Let, Cardiff, CF24 4GG

£380,000

a month ago • 93 m²

3 Bed House, Single Let, Cardiff, CF24 4RT

£385,000

9 days ago • 93 m²