9 Bed Detached House, Planning Permission, Cardiff, CF14 3BJ, £850,000

North Road, Cardiff, CF14 3BJ - 1 views - 7 months ago

Sold STC
Planning
~279 m²
+16 photos

ValuationFair Value

Sold Prices£162K - £640K
Sold Prices/m²£1.7K/m² - £6.9K/m²

 

 

Square Metres

~279 m²
Price/m²£3K/m²

Value Estimate

£844,330

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£212,500

Stamp Duty & Legal Fees

£73,700

Total Cash In

£286,200

 

 

Cash Out

 

Rent Range

£1,250 - £3,880

Rent Estimate

£1,306

Running Costs/mo

£2,937

Cashflow/mo

£-1,631

Cashflow/yr

£-19,577

Gross Yield

2%

Local Sold Prices

50 sold prices from £162K to £640K, average is £366K. £1.7K/m² to £6.9K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£162K01/210.13 mi20, Cross Place, Cardiff CF14 3AQ4
£350K03/230.18 mi23, Newfoundland Road, Cardiff CF14 3LA4
£267.5K05/210.18 mi23, Heathfield Road, Cardiff CF14 3JX4
£330K08/210.19 mi9, Heathfield Road, Cardiff CF14 3JX4
£260.8K02/210.19 mi13, Heathfield Place, Cardiff CF14 3JZ4
£391K05/230.31 mi9, Soberton Avenue, Cardiff CF14 3NJ4
£358K04/230.31 mi40, Soberton Avenue, Cardiff CF14 3NJ4
£318K01/210.32 mi46, Llanishen Street, Cardiff CF14 3QD4
£333.7K01/210.44 mi44, Inglefield Avenue, Cardiff CF14 3PZ4
£357.5K01/230.44 mi22, Inglefield Avenue, Cardiff CF14 3PZ4
£375K10/230.44 mi136, Clodien Avenue, Cardiff CF14 3NQ4
£338K07/230.48 mi8, Rhigos Gardens, Cardiff CF24 4LS4
£255K11/210.5 mi17, Lisvane Street, Cardiff CF24 4LH4
£255K11/210.52 mi17, Lisvane Street, Cardiff CF24 4LH4
£305K09/210.58 mi29, Malefant Street, Cardiff CF24 4QB4
£249.9K01/210.58 mi7, Llantrisant Street, Cardiff CF24 4JB4
£310K01/210.6 mi3, King George V Drive West, Cardiff CF14 4ED4
£500K11/220.6 mi25, Sunnybank Close, Cardiff CF14 1EQ4
£285K03/230.63 mi136, Colum Road, Cardiff CF10 3EJ4
£320K08/210.63 mi8, St Anthony Road, Cardiff CF14 4DH4
£392K01/210.63 mi15, St Agnes Road, Cardiff CF14 4AN4
£250K02/230.63 mi108, Malefant Street, Cardiff CF24 4QE4
£225K03/210.65 mi66, Dogfield Street, Cardiff CF24 4QZ4
£390K05/230.71 mi18, Rhydhelig Avenue, Cardiff CF14 4DD4
£430K02/210.72 mi17, Rhydhelig Avenue, Cardiff CF14 4DA4
£260K11/200.73 mi1, Tewkesbury Place, Cardiff CF24 4QU4
£260K11/200.73 mi1, Tewkesbury Place, Cardiff CF24 4QU4
£260K11/200.73 mi1, Tewkesbury Place, Cardiff CF24 4QU4
£370K07/210.73 mi120, Heol Gabriel, Cardiff CF14 1JX4
£362K05/210.73 mi26, Llanmorlais Road, Cardiff CF14 2RD4
£595K11/200.75 mi1a, Teilo Street, Cardiff CF11 9JN4
£476.5K02/210.76 mi17, Gileston Road, Cardiff CF11 9JS4
£630K03/230.77 mi14, Dogo Street, Cardiff CF11 9JJ4
£515K11/210.77 mi11, Maldwyn Street, Cardiff CF11 9JR4
£435K01/210.77 mi22, St Aidan Crescent, Cardiff CF14 4AU4
£540K06/230.77 mi31, Fields Park Road, Cardiff CF11 9JP4
£425K11/200.79 mi67, Shirley Road, Cardiff CF23 5HL4
£412K06/210.79 mi11, Shirley Road, Cardiff CF23 5HL4
£425K05/230.79 mi51, Shirley Road, Cardiff CF23 5HL4
£640K03/210.8 mi9, Berthwin Street, Cardiff CF11 9JH4
£566K02/230.81 mi226, Cathedral Road, Cardiff CF11 9JG4
£340K06/220.83 mi81, Pen Y Wain Road, Cardiff CF24 4GG4
£530K03/230.84 mi5, Tydfil Place, Cardiff CF23 5HP4
£620K11/220.85 mi23, Tydfil Place, Cardiff CF23 5HP4
£477.5K10/210.86 mi5, Maelog Road, Cardiff CF14 1HP4
£215K02/210.88 mi15, Norman Street, Cardiff CF24 4NU4
£400K04/210.89 mi43, Heol Coed Cae, Cardiff CF14 1HJ4
£459K03/210.89 mi11, Heol Coed Cae, Cardiff CF14 1HJ4
£455K04/230.89 mi31, Morlais Street, Cardiff CF23 5HQ4
£542.5K02/230.89 mi19, Heathwood Road, Heath, Cardiff CF14 4JL4

Local Rents

51 rents from £1.3K/mo to £3.9K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,40002/250.03 mi-3
£2,75012/240.1 mi-5
£2,82512/240.1 miNewfoundland Road, Cardiff, CF145
£2,85012/240.11 miParkfield Place, Cardiff(City), CF146
£2,85012/240.11 miParkfield Place, Cardiff(City), CF146
£2,85003/240.11 mi-6
£3,15002/250.11 mi-6
£2,25012/240.13 miCross Place Cardiff5
£2,37512/240.14 miAfrica Gardens, Heath, Cardiff, CF14 3BU5
£2,32512/240.15 miAfrica Gardens, Cardiff5
£2,37512/240.15 miAfrica Gardens, Cardiff5
£2,92512/240.15 mi-5
£2,92512/240.15 mi-5
£1,35012/240.17 mi-3
£2,70012/240.18 miAustralia Road, Heath, Cardiff6
£1,50012/240.2 mi-3
£1,70004/250.2 mi-3
£1,48501/250.23 mi-3
£2,62512/240.27 miRichard Street, Cathays, Cardiff5
£1,80012/240.28 mi-4
£3,00012/240.29 mi-6
£1,59012/240.3 miWhitchurch Road, Heath, Cardiff, CF14 3NF3
£1,57512/240.3 miWhitchurch Road, Heath, Cardiff, CF14 3NF3
£1,72503/250.3 mi-3
£1,72502/250.33 mi-3
£1,49512/240.33 miEdington Avenue, Cardiff(City), CF143
£1,55004/250.33 mi-4
£1,65003/240.34 mi-3
£1,57512/240.34 mi-3
£1,65004/250.34 mi-3
£1,57512/240.34 miWhitchurch Road, Cardiff, CF143
£1,80012/240.34 miLlanishen Street, Heath, Cardiff4
£3,20012/240.35 mi-3
£1,80012/240.36 miManor Street, Heath, Cardiff4
£1,56502/250.36 mi-3
£3,32512/240.4 miLisvane Street, Cardiff7
£1,25012/240.41 miAllensbank Crescent, Heath, Cardiff3
£1,57512/240.43 miWhitchurch Road, Heath, Cardiff, CF14 3JR3
£1,30012/240.43 miAllensbank Road, Heath, Cardiff3
£2,25003/240.44 miNorth Road, Cardiff, CF10 3DZ5
£2,25004/240.45 miNorth Road, Cardiff, CF10 3DZ4
£2,55004/240.48 mi-6
£2,55005/240.48 miBlackweir Terrace, Cardiff, CF106
£3,00003/250.48 mi-6
£2,70004/250.48 mi-6
£1,62012/240.48 miCosmeston Street, Cathays, Cardiff3
£1,40012/240.49 miCosmeston Street, Cathays, Cardiff, CF243
£1,30012/240.5 mi-3
£1,80012/240.5 miLisvane Street, Cathays4
£3,88012/240.57 miCathays Terrace, Cardiff8
£2,70012/240.57 miLlantrisant Street, Cardiff(City), CF246

Local Area Statistics

Population in CF14

77,733

Population in Cardiff

357,494

Town centre distance

0.17 miles away

Nearest school

0.10 miles away

Nearest train station

0.98 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Listed for £850,000

September 19, 2024

Floor Plans

Description

  • SIX TOTALLY SELF CONTAINED APARTMENTS +
  • FULL FIRE AND BUILDING REGULATION APPROVED +
  • COMBINATION OF BOTH ONE AND TWO BEDROOM UNITS +
  • EARNING FULL INCOME, RENTED AS A GOING CONCERN +
  • GREAT LOCATION FOR UNIVERSITY AND CITY CENTRE +
  • AN OUTSTANDING OPPORTUNITY WITH NO LAND TAX CHARGE +
  • COMPANY SALE, COUNCIL TAX BAND C +

SUMMARY
Available as a going concern earning six monthly rent payments immediately, outstanding investment! A superb opportunity to acquire a large corner building comprising six totally self contained one and two bedroom apartments, fully fire regulated with complete documentation.

DESCRIPTION
ATTENTION ALL INVESTORS; This is an opportunity to acquire a large corner building which has been fully converted into six self-contained 1-2-bedroom apartments, complete with both planning permission and building regulation approval, and fully fire regulated. The apartment block currently receives a gross income of £4375 per calendar month, and as the building is being sold as a company there would be no stamp duty payable. This is a very attractive investment opportunity, as in the future each flat could be sold off independently to create a return in excess of £1,000,000. Each apartment is totally self-contained with its own independent gas, electricity and water supplies, each flat is independently rated with its own council tax, and each apartment comes fully equipped with modern kitchen and bathrooms, full PVC double glazing, and individual gas combi boilers. There is a fully serviced and regulated fire alarm system, with fire doors and fire ceilings throughout. Building and planning certification was completed in 2019, and each apartment comes fully furnished with current tenancies in place, providing a immediate income. Viewing is by appointment and strongly recommended.

Entrance 
Approached from Newfoundland Road with a security entrance gate with brick built boundary walls surmounted by decorative railings leading to a paved entrance with personalised letter boxes and meters.

Communal Entrance Hall 
Approached via a PVC double glazed obscure glass front entrance door part panelled and leading to a communal hall with built out storage units, smoke ventilation system.

Inner Hall 
Inner hallway with a wide carpeted staircase leading to upper floors.

Flat 1 

Independent Entrance Hall 
Approached via an independent front door leading to a main hall with entrance security telecom phone.

Cloakroom 
Comprising white suite with W.C. and wash hand basin with chrome taps and ceramic tiled splashback, air ventilator.

Kitchen / Breakfast Room 10' x 10' 5" ( 3.05m x 3.17m )
Fitted along two sides with a range of modern floor and eye level units with white door fronts and chrome slim line handles beneath round nosed oak patterned laminate worktops incorporating a stainless steel sink with mixer taps and drainer, integrated four ring electric hob with stainless steel canopy style extractor hood, integrated Lamona fan assisted electric oven, automatic washing machine, PVC double glazed window to side, PVC double glazed window to rear, space housing an upright fridge freezer, eye level wall cupboard housing wall mounted gas central heating boiler, glass splashback, ceiling with spotlights. Space with a small breakfast table and chairs.

Bedroom 11' 3" x 10' 10" ( 3.43m x 3.30m )
Approached independently from the hall, two PVC double glazed windows to side and rear, radiator, ceiling with spotlights, recess measuring 3' 10" depth x 2' 10" width leading to....

Bathroom 
White suite with walls part ceramic tiled comprising panel bath with chrome mixer shower fitment, chrome mixer taps, clear glass shower screen, shaped pedestal wash hand basin with pop-up waste and chrome taps with ceramic tiled splashback, W.C., ceiling with spotlights, air ventilator, chrome vertical towel rail.

Flat 2 

Independent Entrance Hall 
Approached via an independent front entrance door leading to an independent hallway, with a security entrance telecom phone, internal doors to all principal rooms.

Kitchen And Living Room 26' 2" x 18' 7" maximum ( 7.98m x 5.66m maximum )
A particularly well designed and spacious open plan kitchen, living room and dining room, well fitted with units along two sides at both floor and eye level in white high gloss with chrome handles beneath round nosed oak patterned laminate worktops incorporating a Lamona four ring electric hob with glass splashback and stainless steel canopy style extractor hood, integrated Lamona fan assisted electric oven, space with Hotpoint washing machine, stainless steel sink with chrome mixer taps and drainer, integrated fridge freezer, eye level wall mounted storage cupboard housing a gas central heating boiler (I24). Laminate wood flooring throughout, double radiator, high ceiling with spotlights, five PVC double glazed windows with outlooks from the side and front across Newfoundland Road and on to North Road, ample space for a sofa suite and coffee table, further space for a dining table and four chairs, two double radiators.

Bedroom One 12' 4" x 11' 8" ( 3.76m x 3.56m )
Independently approached from the entrance hall, leading to a double size bedroom with three white PVC double glazed windows with outlooks on to Newfoundland Road, double radiator, high ceiling with spotlights.

Bedroom Two 8' 1" x 7' 10" ( 2.46m x 2.39m )
Independently approached from the entrance hall, leading to a further bedroom with white PVC double glazed window with outlooks on to Newfoundland Road, high ceiling with spotlights, radiator.

Bathroom 
White suite with walls part ceramic tiled comprising panel bath with mixer taps and chrome mixer shower fitment, clear glass shower screen, W.C., pedestal wash hand basin with ceramic tiled splashback, tiled flooring, air ventilator, spotlights.

First Floor Landing 
Approached via a wide carpeted returning spindle balustrade staircase leading to the first floor landing with wall light.

Flat 3 

Independent Entrance Hall 
Approached via an independent front entrance door leading to a hallway with security entrance telecom phone, ceiling with spotlights. Off the entrance hall is a built-in full height storage cupboard also housing an I24 gas central heating boiler.

Kitchen And Living Room 13' 8" x 10' 3" ( 4.17m x 3.12m )
Comprising modern white high gloss floor and eye level units with slim line chrome handles beneath square nosed laminate oak patterned worktops incorporating a white Lamona sink unit with mixer taps and drainer, integrated Lamona four ring electric hob with glass splashback, stainless steel canopy style extractor hood, and an integrated fan assisted Lamona electric oven. Hotpoint washing machine, integrated fridge freezer, ceiling with spotlights, laminate wood flooring throughout, two white PVC double glazed windows with outlooks on to Newfoundland Road, double radiator. This room is approached via a very deep entrance recess which measures 2' 9" width x 6' 1" depth.

Bedroom One 15' 3" x 11' 5" ( 4.65m x 3.48m )
Independently approached from the entrance hall leading to a double size bedroom with white PVC double glazed window with rear aspect, high ceiling with spotlights, radiator.

Bedroom Two 8' 10" x 6' 4" ( 2.69m x 1.93m )
Independently approached from the entrance hall, a second bedroom or alternatively and currently being used as a study, equipped with a white PVC double glazed window with an outlook on to Newfoundland Road, radiator, wide alcove.

Bathroom 
White suite comprising panel bath with chrome mixer taps, chrome mixer shower fitment with clear glass shower screen, porcelain tiled surround, slim line W.C., pedestal wash hand basin with chrome taps and pop-up waste, retro ceramic tiled splashback, vertical radiator, white PVC double glazed obscure glass window to rear, air ventilator, tiled flooring.

Flat 4 

Independent Entrance Hall 
Approached via an independent front entrance door leading to a main hall with a security entrance telecom door entry phone system.

Open Plan Lounge And Kitchen 19' 10" x 13' 9" ( 6.05m x 4.19m )
Fitted along two sides with a modern range of white high gloss floor and eye level units with square nosed laminate worktops incorporating a stainless steel sink with mixer taps and drainer, integrated four ring electric hob with glass splashback and canopy style extractor hood, integrated fan assisted electric oven, space with plumbing for a washing machine, integrated fridge freezer, ceiling with spotlights, laminate flooring, double radiator, PVC double glazed window with an outlook on to Newfoundland Road, two further PVC double glazed windows together with a French door opening on to a private under cover front balcony with decorative railings and space for patio chairs. Large modern matching tall storage unit housing a wall mounted gas central heating boiler.

Bedroom One 12' 8" x 12' 4" ( 3.86m x 3.76m )
Inset with a wide but shallow bay with multiple PVC double glazed windows with outlooks on to Newfoundland Road, ceiling with spotlights, double radiator.

Bedroom Two 8' 6" x 6' 9" ( 2.59m x 2.06m )
Independently approached from the entrance hall, radiator, PVC double glazed window with outlooks on to Newfoundland Road.

Bathroom 
White suite comprising panel bath with ceramic tiled surround, chrome mixer taps, chrome mixer shower fitment, glass shower screen, slim line W.C., shaped pedestal wash hand basin with taps, ceiling with spotlights, air ventilator.

Second Floor Landing 
Approached via a wide returning carpeted spindle balustrade staircase leading to a second floor landing inset with two velux double glazed windows.

Flat 5 

Independant Entrance Hall 
Approached by an independent entrance door, leading into a main hall, inset with a velux double glazed window, a small recess and a built in low level cupboard. Internal doors to the kitchen and lounge, the bathroom and the bedroom.

Open Plan Kitchen And Lounge 23' x 12' 6" ( 7.01m x 3.81m )
Fitted along two sides with both floor and eye level in white high gloss with chrome handles beneath round nosed oak patterned laminate worktops incorporating a four ring electric hob with a mirror splashback and stainless steel canopy style extractor hood, space with a separate fan assisted electric oven, space with a washing machine, modern sink with mixer taps and drainer, space with a fridge and separate freezer, gas central heating boiler, radiator, lounge area with PVC window to side, two further velux double glazed windows.

Bedroom One 10' 6" x 9' ( 3.20m x 2.74m )
Velux double glazed window, radiator.

Bathroom 
White suite comprising panel bath with mixer taps and mixer shower fittings, wash hand basin, wc, PVC window,

Flat 6 
Entrance door leading directly in to an open plan kitchen and living room measuring 23' 8" x 12' 5" and equipped with a modern fitted kitchen with high gloss units in white with slim line chrome handles beneath square nosed laminate oak patterned worktops incorporating a stainless steel sink with mixer taps and drainer, integrated four ring Lamona electric hob with matching Lamona integrated fan assisted electric oven, glass splashback, stainless steel canopy style extractor hood, space with an upright fridge freezer, space with a Hotpoint washing machine, ample space for a sofa and a small dining table. White PVC double glazed window with elevated outlooks across North Road, double radiator, ceiling with spotlights. This room is approached via an entrance recess measuring 3' 2" width x 7' 2" depth with a wall mounted security entrance telecom phone.

Independant Entrance Hall 
Approached by an independent entrance door leading into a small hall which provides access to the shower room, the bedroom and the kitchen and lounge.

Kitchen & Lounge 23' 10" x 10' 6" ( 7.26m x 3.20m )
Fitted with both floor and eye level in white high gloss with chrome handles beneath round nosed laminate worktops incorporating a four ring electric hob with a mirror splashback and stainless steel canopy style extractor hood, integrated fan assisted electric oven, washing/dryer, modern sink with mixer taps and drainer, fridge-freezer, gas central heating boiler, radiator, lounge area with PVC window to side.

Bedroom One 13' x 10' 4" ( 3.96m x 3.15m )
Independently approached from the lounge and kitchen, a double size bedroom with a white PVC double glazed window with an elevated outlook on to Newfoundland Road, high ceiling with spotlights, radiator, useful built out wardrobe housing an I24 gas boiler.

Shower Room 
Modern white suite comprising W.C. with overhead wash hand basin with chrome taps, pop-up waste and tiled splashback, corner shaped shower cubicle ceramic tiled with chrome shower unit and sliding glass doors and screen, white PVC double glazed obscure glass window to side, chrome vertical towel rail, air ventilator, spotlights.

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 PETER ALAN 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

Peter Alan, Roath

029 2271 0570

Next Steps?

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