2 Bed Flat, Single Let, Cardiff, CF3 3AX, £165,000

Maxwell Road, Rumney, Cardiff. CF3 3AX - 7 months ago

Leasehold
BTL
ROI: 5%
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£70K - £170K
Sold Prices/m²£946/m² - £2.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.4K/m²

Value Estimate

£128,872

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

£850 - £1,150

Rent Estimate

£900

Running Costs/mo

£716

Cashflow/mo

£184

Cashflow/yr

£2,213

ROI

5%

Gross Yield

7%

Local Sold Prices

38 sold prices from £70K to £170K, average is £124K. £946/m² to £2.6K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£135K12/200.21 mi26, Witla Court Road, Rumney, Cardiff CF3 3LT2
£90K05/210.29 mi172, Greenway Road, Rumney, Cardiff CF3 3PN2
£132.5K06/210.3 mi69, Kennerleigh Road, Cardiff CF3 4BG2
£125K07/230.31 mi24, Chulmleigh Close, Cardiff CF3 4BL2
£118K11/200.31 mi17, Chulmleigh Close, Cardiff CF3 4BL2
£125K04/230.31 mi11, Chulmleigh Close, Cardiff CF3 4BL2
£70K09/230.33 mi80, Kennerleigh Road, Cardiff CF3 4BJ2
£120K12/200.33 mi96, Kennerleigh Road, Cardiff CF3 4BJ2
£128K04/210.34 mi77, Kennerleigh Road, Cardiff CF3 4BG2
£125K05/210.34 mi54, Kennerleigh Road, Cardiff CF3 4BJ2
£120K02/230.34 miCumberland Court, 44, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£128K04/210.35 mi77, Kennerleigh Road, Cardiff CF3 4BG2
£128K11/230.35 mi33, Kennerleigh Road, Cardiff CF3 4BG2
£128K12/200.35 mi27, Kennerleigh Road, Cardiff CF3 4BG2
£125K02/210.35 mi66, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£115K11/220.35 mi10, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£116K07/210.35 mi34, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£123K05/230.35 mi22, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£114K05/210.35 mi44, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£135K09/210.35 mi17, Wentloog Close, Rumney, Cardiff CF3 3HA2
£140K09/210.36 mi97, Kennerleigh Road, Cardiff CF3 4BH2
£136K09/220.38 miFlat 20, Lancaster Court, Cranleigh Rise, Rumney, Cardiff CF3 4AP2
£150K08/230.39 mi35, Wentloog Close, Rumney, Cardiff CF3 3HB2
£140K06/230.39 mi43, Wentloog Close, Rumney, Cardiff CF3 3HB2
£133K12/200.39 mi41, Wentloog Close, Rumney, Cardiff CF3 3HB2
£112K01/240.39 miSutherland Court, Flat 16, Cranleigh Rise, Rumney, Cardiff CF3 4AP2
£123K09/230.5 mi59, Woolacombe Avenue, Llanrumney, Cardiff CF3 4TD2
£122.5K11/200.52 mi96, Lynmouth Crescent, Rumney, Cardiff CF3 4AW2
£113K09/220.53 miLynton Court, 6, Lynmouth Crescent, Rumney, Cardiff CF3 4AT2
£107K09/220.54 miSeaton Court, 9, Lynmouth Crescent, Rumney, Cardiff CF3 4AT2
£112K07/230.54 miBarnstaple Court, 38, Lynmouth Crescent, Rumney, Cardiff CF3 4AT2
£125K11/230.56 mi56, Lynmouth Crescent, Rumney, Cardiff CF3 4AU2
£90K04/210.57 mi37, Trowbridge Road, Rumney, Cardiff CF3 1QL2
£120K10/230.57 mi15, Mount Pleasant Avenue, Llanrumney, Cardiff CF3 5SX2
£85K09/230.61 miFlat 6, Downton Grange, New Road, Rumney, Cardiff CF3 3BW2
£170K06/210.62 mi2a, Countisbury Avenue, Llanrumney, Cardiff CF3 5SP2
£77K10/230.67 mi6, Abergele Road, Rumney, Cardiff CF3 1RR2
£143K07/220.87 mi83, Dickens Avenue, Llanrumney, Cardiff CF3 5LZ2

Local Rents

27 rents from £850/mo to £1.1K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£90012/240.31 miChulmleigh Close, CARDIFF2
£90012/240.36 miKennerleigh Road2
£85001/250.37 mi-2
£85012/240.41 miCheirton Court, Cranleigh Rise2
£95012/240.44 miNewport Road2
£99512/240.45 miArlington Crescent, Llanrumney, Cardiff, CF32
£95012/240.52 miLynmouth Crescent, Rumney, Cardiff2
£1,00012/240.63 mi-2
£1,10012/240.64 mi-2
£1,10003/250.64 mi-2
£90001/241.12 mi-2
£1,10012/241.15 mi-2
£1,00003/251.15 mi-2
£1,05003/241.15 miBryn Haidd, Pentwyn, Cardiff 2
£97503/241.15 miBryn Haidd, Pentwyn2
£95001/251.16 mi-2
£1,05012/241.17 mi-2
£1,05002/251.17 mi-2
£1,10012/241.17 miClos Chappell, St. Mellons, CARDIFF2
£1,15005/241.18 miWyncliffe Gardens, Cardiff, CF232
£1,15005/241.18 mi-2
£1,15003/251.18 mi-2
£1,15006/241.18 mi-2
£99503/251.19 mi-2
£85002/251.2 mi-2
£99504/241.21 miBrynheulog, Pentwyn2
£99503/241.22 miBrynheulog, Pentwyn, Cardiff, CF232

Local Area Statistics

Population in CF3

41,998

Population in Cardiff

357,494

Town centre distance

2.95 miles away

Nearest school

0.20 miles away

Nearest train station

2.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £165,000

September 20, 2024

Floor Plans

Description

  • Two Bedroom Apartment +
  • Perfect For First Time Buyers +
  • Open Plan Kitchen/Living Room Area +
  • Master Bedroom With En-Suite +
  • Bathroom +
  • Loft Space +
  • Allocated Parking Space +
  • Council Tax Band- D +
  • EPC Rating- C +

This charming two-bedroom apartment in the sought after Monkstone Court development is the ideal choice for first-time buyers!
The heart of the home is the spacious, open-plan kitchen and living area, perfect for catching up with loved ones while preparing meals after a long day. The modern kitchen seamlessly flows into the cosy living space, creating a warm and inviting environment. Both bedrooms are well-proportioned and the master with an en-suite offering ample space. The property also features a lovely, contemporary bathroom.

Situated in a prime location, this apartment is conveniently close to all amenities, including shops, restaurants, and public transport. Additionally, it offers easy access to the motorway, providing excellent connectivity for commuters.

Agent Details

Northover & Williamson, Cardiff

029 2271 7374

Next Steps?

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