5 Bed HMO, Cardiff, CF24 3BG £265,000

Russell Street, Cardiff, CF24 3BG - 2 views - a year ago
Sold STC
HMO
ROI: 11%
~178 m²
Property image

ValuationUndervalued

Sold Prices£180K - £850K
Sold Prices/m²£1.3K/m² - £4.6K/m²

 

 

Square Metres

~178.28 m²
Price/m²£1.5K/m²

Value Estimate

£323,300
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£66,250

Stamp Duty & Legal Fees

£17,700

Total Cash In

£83,950

 

 

Cash Out

 

Room Rate

£542

Gross Rent

£2,710

Running Costs/mo

£1,952

Cashflow/mo

£758

Cashflow/yr

£9,094

ROI

11%

Gross Yield

12%

Local Sold Prices

22 sold prices from £180K to £850K, average is £516.3K. £1.3K/m² to £4.6K/m², average is £3.5K/m².

Price
Date
Distance
Address
Beds
 
£260K10/240.12 mi50, Talworth Street, Roath, Cardiff CF24 3EH5
£272K04/250.12 mi49, Talworth Street, Roath, Cardiff CF24 3EH5
£330K12/220.2 mi35a, Rhymney Street, Cardiff CF24 4DH5
£310K05/230.34 mi42, Harriet Street, Cardiff CF24 4BY5
£340K03/230.36 mi107, Claude Road, Cardiff CF24 3QD5
£592.5K11/220.53 mi100, Roath Court Road, Cardiff CF24 3SF5
£640K08/210.64 mi12, Kimberley Road, Cardiff CF23 5DH5
£550K12/220.68 mi23, Boverton Street, Cardiff CF23 5ES5
£180K05/210.7 mi140, Crwys Road, Cardiff CF24 4NR5
£502.5K08/210.71 mi18, Mafeking Road, Cardiff CF23 5DQ5
£850K01/230.74 mi26, Ty-draw Road, Penylan, Cardiff CF23 5HB5
£230K06/210.77 mi15, Sanquhar Street, Cardiff CF24 2AA5
£570K07/210.77 mi2, Tydfil Place, Cardiff CF23 5HP5
£555K06/230.79 mi2, Deri Road, Cardiff CF23 5AJ5
£605K05/210.79 mi38, Waterloo Road, Cardiff CF23 5DZ5
£425K03/230.8 mi27, Clun Terrace, Cardiff CF24 4RB5
£200K05/250.82 mi142, Malefant Street, Cathays, Cardiff CF24 4QF5
£742.5K09/210.86 mi3, The Paddock, Cardiff CF23 5JN5
£275K07/210.9 mi268, Newport Road, Cardiff CF24 1RS5
£530K06/210.93 mi32, Brandreth Road, Cardiff CF23 5NW5
£600K04/250.93 mi28, Brandreth Road, Penylan, Cardiff CF23 5NW5
£600K04/250.93 mi28, Brandreth Road, Penylan, Cardiff CF23 5NW5

Local Area Statistics

Population in CF24

55,148

Population in Cardiff

357,494

Town centre distance

1.30 miles away

Nearest school

0.20 miles away

Nearest train station

0.42 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-42%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Listed for £265,000

September 17, 2024

Floor Plans

Property image

Description

  • SUPERB INVESTMENT +
  • SIX BEDROOM HMO +
  • GOOD SIZE LIVING ROOM/KITCHEN +
  • BATHROOM +
  • SHOWER ROOM +
  • REAR GARDEN +
  • GREAT RENTAL YIELD +

Strategically located in Roath, this property boasts unbeatable convenience with excellent road and transport connections to Cardiff's bustling city center and beyond. It's a hotspot for students and professionals alike, ensuring a high demand for rental accommodations.

Picture this: Six generously sized bedrooms, a cozy kitchen/living room perfect for gatherings, a bathroom, a shower room, and even a rear garden for relaxation or socializing. It's a dream setup for tenants seeking comfort, functionality, and a vibrant community atmosphere.

Don't miss out on this golden opportunity to secure a lucrative investment in the heart of Cardiff's student district. Act now to capitalize on the potential for lucrative returns and long-term growth. Contact us today to arrange a viewing and make this prime property yours!

Agent Details

Darlows, Albany Road

029 2271 6242

Next Steps?

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