2 Bed Flat, Single Let, Cardiff, CF11 0SD, £165,000

221D Ravenswood, Victoria Wharf, Cardiff Bay, CF11 0SD - 2 views - 6 months ago

Leasehold
BTL
ROI: 7%
~68 m²
+19 photos

ValuationUndervalued

Sold Prices£107.5K - £495K
Sold Prices/m²£1.5K/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.4K/m²

Value Estimate

£173,580
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,150

Total Cash In

£47,400

 

 

Cash Out

 

Rent Range

£950 - £3,000

Rent Estimate

£1,000

Running Costs/mo

£736

Cashflow/mo

£264

Cashflow/yr

£3,173

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £107.5K to £495K, average is £141K. £1.5K/m² to £3.8K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£210K01/230.13 miApartment 10, The Anchorage, River Walk, Penarth, The Vale Of Glamorgan CF64 1SX2
£225K06/210.13 miApartment 8, The Anchorage, River Walk, Penarth, The Vale Of Glamorgan CF64 1SX2
£124K02/230.14 miFlat 18, Elizabethan Court, Windsor Road, Penarth, The Vale Of Glamorgan CF64 1BS2
£110K09/230.16 miFlat 20, Cogan Court, Cogan Pill Road, Llandough, Penarth, The Vale Of Glamorgan CF64 2NQ2
£110K04/210.16 miFlat 20, Cogan Court, Cogan Pill Road, Llandough, Penarth, The Vale Of Glamorgan CF64 2NQ2
£145K12/200.19 mi31, Grangemoor Court, Cardiff CF11 0AL2
£160K06/210.28 mi65, Grangemoor Court, Cardiff CF11 0AA2
£135K12/210.3 miFlat 4, Parkview Court, Andrew Road, Penarth, The Vale Of Glamorgan CF64 2NS2
£132.5K06/210.3 miFlat 9, Parkview Court, Andrew Road, Penarth, The Vale Of Glamorgan CF64 2NS2
£250K03/210.33 mi20, Anchor Road, Penarth, The Vale Of Glamorgan CF64 1SL2
£171K02/230.37 mi55, Dochdwy Road, Llandough, Penarth, The Vale Of Glamorgan CF64 2QD2
£183K12/200.37 mi40, The Landings, Penarth, The Vale Of Glamorgan CF64 1SR2
£183K12/200.37 mi40, The Landings, Penarth, The Vale Of Glamorgan CF64 1SR2
£151K06/230.44 mi6, O'leary Drive, Cardiff CF11 7EB2
£140K05/210.44 mi19, Oleary Drive, Cardiff CF11 7EB2
£163K04/230.44 mi13, O'leary Drive, Cardiff CF11 7EB2
£150K06/230.44 mi9, O'leary Drive, Cardiff CF11 7EB2
£155K12/220.44 mi35, O'leary Drive, Cardiff CF11 7EB2
£142K11/200.44 mi13, Oleary Drive, Cardiff CF11 7EB2
£130K10/200.44 mi23, Oleary Drive, Cardiff CF11 7EB2
£135K12/210.44 mi40, Oleary Drive, Cardiff CF11 7EB2
£150K02/230.44 mi22, O'leary Drive, Cardiff CF11 7EB2
£152K12/220.44 mi6, Tuscan Close, Llandough, Penarth, The Vale Of Glamorgan CF64 2LN2
£203K05/210.45 mi9, The Slipway, Penarth, The Vale Of Glamorgan CF64 1SH2
£252.5K03/210.45 miFlat 6, Ty Gwendollen, Marconi Avenue, Penarth, The Vale Of Glamorgan CF64 1SS2
£300K12/220.47 miFlat 23, Ty Windsor, Marconi Avenue, Penarth, The Vale Of Glamorgan CF64 1ST2
£135K06/210.48 miFlat 11, Rowan House, Bridge Street, Penarth, The Vale Of Glamorgan CF64 2LH2
£116K02/210.48 miFlat 6, Rowan House, Bridge Street, Penarth, The Vale Of Glamorgan CF64 2LH2
£107.5K04/210.49 mi22, Corinthian Close, Llandough, Penarth, The Vale Of Glamorgan CF64 2LL2
£186K07/210.5 mi57, Pearse Close, Penarth, The Vale Of Glamorgan CF64 1TH2
£207K07/230.5 mi67, Pearse Close, Penarth, The Vale Of Glamorgan CF64 1TH2
£120K08/210.51 mi53, Cory Place, Cardiff CF11 7QB2
£129K03/210.51 mi9, Cory Place, Cardiff CF11 7QB2
£130K12/200.51 mi61, Cory Place, Cardiff CF11 7QB2
£119K10/200.51 mi21, Morel Court, Cardiff CF11 7FF2
£121K06/210.51 mi3, Morel Court, Cardiff CF11 7FF2
£250K06/210.51 miFlat 12, Ty Charlotte, Marconi Avenue, Penarth, The Vale Of Glamorgan CF64 1SU2
£119K11/200.53 mi20, Seager Drive, Cardiff CF11 7QA2
£130K10/210.53 mi12, Seager Drive, Cardiff CF11 7QA2
£135K03/230.53 mi20, Seager Drive, Cardiff CF11 7QA2
£495K06/210.53 miApartment 5, The Meridian, Penarth Portway, Penarth, The Vale Of Glamorgan CF64 1SQ2
£495K05/210.53 miApartment 3, The Meridian, Penarth Portway, Penarth, The Vale Of Glamorgan CF64 1SQ2
£124K11/200.53 mi5, Campbell Drive, Cardiff CF11 7QE2
£128K04/210.53 mi13, Campbell Drive, Cardiff CF11 7QE2
£134.9K02/230.53 mi52, Harrison Way, Cardiff CF11 7PE2
£152K12/220.53 mi51, Harrison Way, Cardiff CF11 7PE2
£123K07/210.53 mi54, Harrison Way, Cardiff CF11 7PE2
£124K01/210.56 mi10, Claymore Place, Cardiff CF11 7JJ2
£152K11/220.56 mi11, Claymore Place, Cardiff CF11 7JJ2
£127.5K06/210.56 mi87, Seager Drive, Cardiff CF11 7FD2

Local Rents

50 rents from £950/mo to £3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,05004/240 miVictoria Wharf, Watkiss Way, Cardiff, Cardiff (County of), CF112
£1,20005/240.01 miRavenswood, Watkiss Way, Cardiff2
£1,30003/240.02 mi-2
£1,00004/240.03 mi-2
£1,80004/240.04 miVictoria Wharf, Cardiff Bay - Penthouse2
£1,50005/240.04 miCatrine, Watkiss Way, Cardiff2
£1,25003/240.05 miVictoria Wharf. Cardiff Bay2
£1,10003/240.05 miBeatrix, Victoria Wharf2
£1,10004/240.05 miBeatrix, Victoria Wharf, Cardiff Bay2
£1,60005/240.05 miBeatrix, Victoria Wharf, Cardiff Bay2
£1,30002/250.07 mi-2
£1,00005/240.07 mi-2
£1,20001/250.07 mi-2
£1,30003/240.08 miPicton, Watkiss Way, Cardiff2
£1,25003/240.08 miPicton, Victoria Wharf2
£1,30003/240.08 miPicton, Victoria Wharf, Cardiff Bay2
£1,30003/240.08 miPicton, Victoria Wharf, Cardiff2
£1,65010/240.08 mi-2
£1,05005/240.08 miVictoria Wharf, Cardiff CF11 0SA2
£1,05004/240.08 miVictoria Wharf, Cardiff Bay, 2nd Floor (Ref.1420)2
£1,15004/240.09 miAlexandria House, Victoria Wharf, Cardiff Bay2
£1,15003/240.1 miRoma, Victoria Wharf, Cardiff Bay2
£1,40011/230.1 miRoma, Victoria Wharf, Watkiss Way, Cardiff Bay2
£1,30003/240.1 miRoma House, Victoria Wharf2
£1,15004/240.1 mi-2
£1,15004/240.1 miVictoria Wharf, Cardiff, CF112
£1,30001/250.12 mi-2
£1,05012/240.13 miRiver Walk, Penarth, CF642
£1,49505/240.14 mi53 Bayscape, Watkiss way, Cardiff, CF11 0TA2
£1,75003/240.14 miWhitewater House, Bayscape, Cardiff Marina2
£1,60004/240.14 miWhitewater House, Bayscape, Cardiff Marina2
£1,60004/240.14 miWhitewater House, Bayscape, Cardiff Marina2
£1,55004/240.14 miWhitewater House, Bayscape, Cardiff Marina2
£1,55003/240.14 miApartment , Bayscape Cardiff Marina, Watkiss Way, Cardiff2
£1,55003/240.15 miBayscape, Cardiff Bay2
£1,05003/240.18 miBurford Gardens, Cardiff2
£1,45005/240.19 mi-2
£1,10003/240.2 miGrangemoor Court, Cardiff Bay2
£1,02505/240.2 miGrangemoor Court, Cardiff Bay, Cardiff, CF112
£1,10005/240.2 miGrangemoor Court, Cardiff Bay2
£3,00003/250.22 mi-2
£1,20004/240.3 miGrangemoor Court, Cardiff2
£1,30001/240.34 mi-2
£1,20003/240.34 miEmpire Way, Cardiff2
£1,20003/240.34 miEmpire Way, Cardiff2
£1,20003/240.34 miEmpire Way, Cardiff2
£1,20003/240.34 miEmpire Way, Cardiff2
£1,10003/240.34 miFlatholm House, Prospect Place, 2nd Floor2
£95012/240.37 miThe Landings, PENARTH2
£1,10003/240.38 miDouglas House, Propsect Place, 3rd Floor2

Local Area Statistics

Population in CF11

36,147

Population in Cardiff

357,494

Town centre distance

3.63 miles away

Nearest school

0.40 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Listed for £165,000

September 17, 2024

Floor Plans

Description

  • Panoramic River Ely views from a private balcony. +
  • Spacious open-plan living and dining area. +
  • Modern kitchen with integrated appliances and unique porthole window. +
  • Master bedroom with built-in wardrobes and sleek ensuite. +
  • Versatile second double bedroom – perfect for guests or a home office. +
  • Ample storage with three built-in cupboards. +
  • 24/7 concierge service for peace of mind. +
  • Lift access to all floors – convenient and accessible. +
  • Secure gated undercroft parking included. +
  • Beautifully landscaped communal gardens. +

STUNNING RIVER VIEWS from this 5th-floor 2-bed apartment in Victoria Wharf, Cardiff Bay. Features include a private balcony, open plan living space, a modern kitchen with unique porthole window, and secure gated parking. Enjoy 24/7 concierge service and easy access to the city centre.

Luxurious Waterfront Living At Victoria Wharf - Step into a world of elegance and comfort with this stunning 5th-floor, 2-bedroom apartment in the highly sought-after Victoria Wharf, Cardiff Bay. Offering uninterrupted views of the tranquil River Ely from your private balcony, this beautifully presented home is a perfect match for those seeking modern living with a touch of serenity. Whether you’re a first-time buyer or looking to expand your property portfolio, this residence provides both a lifestyle and an investment opportunity.

Stylish Entrance And Superior Storage - The moment you enter this spacious apartment, you’re welcomed by a generous entrance hall that sets the tone for what’s to come. Offering three sizeable built-in storage cupboards, you’ll never struggle for space again. These cleverly designed areas provide perfect solutions for coats, cleaning equipment, and all those extras that need a home, ensuring your apartment stays clutter-free.

Open-Plan Elegance – A Space Designed For Living - The heart of this property is the expansive open-plan living and dining area. Bathed in natural light thanks to large windows and balcony doors, the space feels bright, airy, and ideal for entertaining. The layout encourages easy flow between the living area, dining space, and kitchen, allowing you to host gatherings with ease. Whether it's a dinner party or a quiet evening with a book, this space accommodates both effortlessly.

Step through to your private balcony, where you can take in breathtaking panoramic views of the River Ely. Imagine enjoying a morning coffee or an evening glass of wine while watching the sunset over the water. This peaceful outdoor retreat adds a sense of luxury and tranquillity that’s hard to find in such a central location.

Modern Kitchen With Unique Design Touches - The contemporary kitchen is a stylish blend of function and form, featuring top-of-the-line integrated appliances including a built-in oven, hob, and fridge-freezer. It’s designed with modern living in mind, offering plenty of countertop space for meal prep and sleek cabinetry for storage. A distinctive porthole window brings a nautical flair to the design, perfectly reflecting the waterfront setting of the property.

Bedrooms Designed For Comfort And Flexibility - The two double bedrooms are designed with both luxury and practicality in mind. The master bedroom is a serene retreat, complete with built-in wardrobes that maximise storage without sacrificing space. The ensuite bathroom features a luxurious walk-in shower, sleek modern fittings, and high-quality finishes, providing a private, spa-like experience.

The second double bedroom is equally spacious and versatile. Whether you need a guest room or a dedicated home office, this space adapts effortlessly to your lifestyle. The large windows fill the room with light, making it an inviting and comfortable environment for work or rest.

High-End Bathrooms With Modern Flair - Both bathrooms in this apartment reflect a commitment to modern, stylish living. The main bathroom boasts a sleek, contemporary design with high-quality fixtures, creating a calming space to unwind. Whether it’s a quick morning routine or a relaxing evening soak, these bathrooms offer functionality with a dash of elegance.

The Balcony – Your Private Outdoor Sanctuary - Few properties offer such spectacular river views from their own private balcony. Accessible directly from the living area, the balcony is the perfect place to start your day or wind down in the evening. Its orientation over the River Ely provides not only an ever-changing view but also a tranquil atmosphere that's a rare find in a city setting.

Premier Amenities – Concierge And Secure Parking - One of the standout features of living at Victoria Wharf is the array of high-end amenities available to residents. Enjoy the peace of mind that comes with a 24/7 concierge service, there to assist with everything from security to receiving parcels, offering a level of convenience that truly enhances your lifestyle.

Parking in Cardiff Bay can be challenging, but that’s not a concern for residents of this apartment, thanks to secure gated parking. Your designated space ensures your vehicle is safe and easily accessible, adding an additional layer of convenience and security.

Beautifully Landscaped Communal Gardens - The beautifully maintained communal gardens offer residents a tranquil green space right on their doorstep. Whether you’re taking a leisurely walk or simply enjoying the beautifully landscaped surroundings, this outdoor area is perfect for moments of relaxation.

Unmatched Location In Cardiff Bay - Living in Cardiff Bay offers the best of both worlds—vibrant city life combined with waterside tranquillity. Victoria Wharf is located within easy reach of the bustling Mermaid Quay, home to an array of restaurants, bars, and shops. You’re also just a short distance from the Wales Millennium Centre, a hub of culture and arts, making it ideal for those who love theatre, music, and live performances.

For those who enjoy outdoor activities, the Cardiff Bay Barrage offers scenic walks, cycle paths, and the opportunity to take in the stunning views across the bay. Cardiff city centre is only a short drive or public transport ride away, making commuting a breeze for professionals working in the city.

A Smart Investment Opportunity - With its prime waterfront location, modern design, and abundance of amenities, this apartment is an ideal investment. Whether you’re looking for a personal home or a rental property in a high-demand area, this is an opportunity not to be missed. Cardiff Bay continues to grow in popularity, making now the perfect time to invest in this dynamic and exciting neighbourhood.

Viewing Highly Recommended - To truly appreciate the luxurious lifestyle and excellent location this apartment offers, viewing is essential. Experience firsthand the seamless blend of modern design, convenience, and stunning natural surroundings that make this Victoria Wharf apartment a standout choice in Cardiff Bay.

Tenure And Council Tax - Leasehold with approximately 105 years remaining
Annual Service Charge: £4,408.52 (including Buildings Insurance and Water Rates)
Ground Rent: £150.00 per annum
Council Tax Band: E

Agent Details

Harry Harper Sales & Lettings, Cathays

029 2271 7133

Next Steps?

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