8 Bed Flat, Single Let, Cardiff, CF24 3AR, £699,950

Richmond Road, Roath, CF24 3AR - 1 views - 7 months ago

Sold STC
BTL
~248 m²
+7 photos

Valuation

Sold PricesNo enough data locally

 

 

Square Metres

~248 m²

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£174,988

Stamp Duty & Legal Fees

£44,696

Total Cash In

£219,684

 

 

Cash Out

 

Rent Range

£395 - £4,750

Rent Estimate

£1,338

Running Costs/mo

£2,475

Cashflow/mo

£-1,137

Cashflow/yr

£-13,643

Gross Yield

2%

Local Sold Prices

Not enough data

Local Rents

50 rents from £395/mo to £4.8K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£1,80003/250.06 mi-4
£3,15012/240.07 miCranbrook Street, Cardiff(City), CF247
£1,65012/240.08 miRichmond Road, Roath, CF24 3BU3
£2,37512/240.09 miRichmond Road, Cardiff5
£2,37512/240.1 miSalisbury Road, Cathays, Cardiff, CF24 4AD5
£1,68012/240.1 miRussell Street, Cardiff3
£39512/240.11 mi-5
£2,00004/240.12 mi-5
£3,40012/240.12 miNorthcote Street, Cathays, Cardiff, CF24 3BH8
£1,50012/240.12 miMiskin Street, Cathays, CF24 4AP3
£1,80012/240.13 miGlynrhondda Street, Cathays, 3
£1,42512/240.13 miMiskin Street, Cathays, CF24 4AP3
£2,84012/240.14 miSenghenydd Road, Cathays, Cardiff, CF24 4AG7
£3,92012/240.15 miRichmond Road, Cardiff(City), CF248
£1,35012/240.15 miCity Road, Roath3
£3,46512/240.17 miGlynrhondda Street, Cathays7
£3,30004/250.18 mi-6
£1,60012/240.18 miLlanbleddian Gardens, Cathays, Cardiff4
£2,00012/240.18 miKincraig Street, Roath, Cardiff (Ref. P1723)5
£3,36012/240.19 miMiskin Street, Cardiff7
£3,15012/240.19 miMiskin Street, Cardiff(City), CF247
£2,70012/240.19 miMiskin Street, Cardiff(City), CF246
£2,70012/240.19 miMiskin Street, Cardiff(City), CF246
£1,94012/240.19 miRhymney Street , Cardiff 4
£1,40012/240.19 miCyfarthfa Street, Roath3
£2,00001/240.2 mi-4
£1,45012/240.2 miArran Street, Roath, CF243
£1,35012/240.21 miThe Walk, Roath, Cardiff3
£2,25012/240.22 miLLanbleddian Gardens, CF245
£3,45012/240.22 miWyeverne Road, Cardiff, CF246
£1,78012/240.22 mi-4
£1,65012/240.22 mi-4
£3,60012/240.23 miWyeverne Road, Cathays, CF24 4BH8
£3,32512/240.23 miWyeverne Road, Cardiff(City), CF247
£3,00012/240.23 miWyeverne Road, Cardiff6
£4,75012/240.23 miWyeverne Road, Cardiff10
£1,57512/240.24 miRichmond Road, Cardiff3
£4,20012/240.25 mi-8
£3,52012/240.25 miRuthin Gardens, Cardiff8
£1,70012/240.26 mi-4
£1,70012/240.26 mi-4
£1,65012/240.26 miRichmond Road, Roath3
£4,05012/240.27 miMiskin Street, Cathays, Cardiff9
£4,05012/240.27 miMiskin Street, Cathays, Cardiff9
£4,05012/240.27 miMiskin Street, , 9
£1,25012/240.27 miTreharris Street, CARDIFF3
£2,75012/240.27 miKeppoch Street, Roath5
£2,12512/240.29 miKeppoch Street, Roath, Cardiff5
£2,20012/240.29 miLlandough Street, Cathays, Cardiff5
£3,32512/240.3 miLlandough Street, Cardiff(City), CF247

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

0.36 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £699,950

September 18, 2024

Floor Plans

Description

  • Substantial Block of Apartments +
  • Great for Professionals & Students +
  • Income £56,880 pa +
  • 3 x 2 Bedrooms 2 x 1 Bedrooms +
  • Close to the City Centre +
  • All Units Fully Let +

An exciting opportunity to purchase this investment block of five apartments, in the heart of Roath, which are fully let with an annual income of £56,940 giving a return in excess of 8%. Richmond Road is a fantastic location within a short stroll into the vibrant City Centre and only a short distance from the Cardiff Universities making this popular for both professionals and students. Each apartment has modern fitted kitchens and bathrooms. Flat 1 - 2 bedroom ground floor flat Let at £900 Flat 2 - 1 bedroom ground floor flat let at £825 Flat 3 - 2 bedroom first floor flat let at £1050 Flat 4 - 1 bedroom first floor flat let at £870 Flat 5 - 2 bedroom second floor flat let at £1095 £4740 per month £56,880 per year

Agent Details

CPS Homes, Cardiff

020 3840 4007

Next Steps?

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