8 Bed HMO, Cardiff, CF3 5NT £500,000

429 Ball Road, Cardiff, CF3 5NT - 22 views - a year ago
HMO
ROI: 9%
191 m²
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+11 photos

ValuationOvervalued

Sold Prices£162K - £455K
Sold Prices/m²£1.5K/m² - £4.5K/m²

 

 

Square Metres

191 m²
Price/m²£2.6K/m²

Value Estimate

£453,625

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£33,500

Total Cash In

£158,500

 

 

Cash Out

 

Room Rate

£625

Gross Rent

£5,000

Running Costs/mo

£3,519

Cashflow/mo

£1,481

Cashflow/yr

£17,775

ROI

11%

Gross Yield

12%

Local Sold Prices

50 sold prices from £162K to £455K, average is £334K. £1.5K/m² to £4.5K/m², average is £2.7K/m².

Price
Date
Distance
Address
Beds
 
£290K08/230.23 mi20, Mendip Road, Llanrumney, Cardiff CF3 4JN4
£172.5K12/220.33 mi20, Braunton Crescent, Llanrumney, Cardiff CF3 5HS4
£380K11/230.46 mi29, Llanrumney Avenue, Llanrumney, Cardiff CF3 4BQ4
£280K01/240.48 mi7, Fremington Place, Llanrumney, Cardiff CF3 4EG4
£338K07/230.51 mi5, Lynton Terrace, Llanrumney, Cardiff CF3 4BR4
£217K12/220.52 mi157, Bryn Celyn, Cardiff CF23 7EH4
£295K06/210.58 mi4, Patchway Crescent, Rumney, Cardiff CF3 4AH4
£195K01/250.6 mi163, Brynheulog, Pentwyn, Cardiff CF23 7JE4
£330K02/230.63 mi90, Ridgeway Road, Rumney, Cardiff CF3 4AB4
£428K03/230.64 mi43, Wyncliffe Gardens, Cardiff CF23 7FA4
£245K02/250.65 mi22, Milverton Road, Llanrumney, Cardiff CF3 5SD4
£275K07/230.66 mi109, Countisbury Avenue, Llanrumney, Cardiff CF3 5RQ4
£350K11/240.68 mi24, Wyncliffe Gardens, Pentwyn, Cardiff CF23 7FA4
£180K06/230.69 mi62, Brynheulog, Pentwyn, Cardiff CF23 7JB4
£435K02/250.71 mi9, Maes Y Bryn, Pontprennau, Cardiff CF23 8XQ4
£435K02/250.71 mi9, Maes Y Bryn, Pontprennau, Cardiff CF23 8XQ4
£185K05/230.76 mi42, Coed Y Gores, Llanedeyrn, Cardiff CF23 9NE4
£375K04/250.77 mi33, Hatherleigh Road, Llanrumney, Cardiff CF3 4AS4
£245K05/230.77 mi38, Waun Fach, Cardiff CF23 7BA4
£260K01/250.81 mi158, Countisbury Avenue, Llanrumney, Cardiff CF3 5RS4
£300K11/240.82 mi41, Waun Fach, Pentwyn, Cardiff CF23 7BB4
£313.5K05/230.82 mi5, Purcell Road, Llanrumney, Cardiff CF3 5RZ4
£455K01/250.82 mi161, Lascelles Drive, Pontprennau, Cardiff CF23 8NP4
£445K12/220.83 mi9, Speedwell Close, Pontprennau, Cardiff CF23 8QF4
£212K07/250.83 mi78, Wern Goch East, Llanedeyrn, Cardiff CF23 7AD4
£315K03/230.84 mi83, Waun Fach, Cardiff CF23 7BD4
£407K05/250.85 mi62, Heol Bennett, Old St Mellons, Cardiff CF3 6AG4
£407K05/250.85 mi62, Heol Bennett, Old St Mellons, Cardiff CF3 6AG4
£287.5K01/250.85 mi77, Waun Fach, Pentwyn, Cardiff CF23 7BD4
£435K12/240.86 mi139, Lascelles Drive, Pontprennau, Cardiff CF23 8NP4
£420K04/250.87 mi69, Elgar Crescent, Llanrumney, Cardiff CF3 5RW4
£291K02/250.88 mi71, Bryncyn, Pentwyn, Cardiff CF23 7BJ4
£162K10/210.88 mi344, Chapel Wood, Llanedeyrn, Cardiff CF23 9EQ4
£235K09/210.88 mi69, Bryncyn, Cardiff CF23 7BJ4
£280K10/240.88 mi75, Bryncyn, Pentwyn, Cardiff CF23 7BJ4
£410K06/230.88 mi6, Harefield Close, Pontprennau, Cardiff CF23 8NY4
£370K03/230.88 mi97, Lascelles Drive, Pontprennau, Cardiff CF23 8NP4
£170K05/230.89 mi308, Chapel Wood, Llanedeyrn, Cardiff CF23 9EP4
£350K06/210.92 mi16, Charnwood Drive, Pontprennau, Cardiff CF23 8NN4
£285K07/230.92 mi1, Barmouth Road, Rumney, Cardiff CF3 3JZ4
£390K07/250.93 mi43, Blackberry Way, Pontprennau, Cardiff CF23 8FE4
£340K08/250.94 mi10, Blackberry Way, Pontprennau, Cardiff CF23 8FJ4
£410K03/250.95 mi4, Barnfield Close, Pontprennau, Cardiff CF23 8LN4
£410K03/250.95 mi4, Barnfield Close, Pontprennau, Cardiff CF23 8LN4
£446K04/250.96 mi22, Heol Bennett, Old St Mellons, Cardiff CF3 6AG4
£446K04/250.96 mi22, Heol Bennett, Old St Mellons, Cardiff CF3 6AG4
£290K03/250.97 mi40, Amberley Close, Pontprennau, Cardiff CF23 8AY4
£435K09/210.97 mi8, Liddell Close, Pontprennau, Cardiff CF23 8PF4
£380K05/250.98 mi7, The Maltings, Pontprennau, Cardiff CF23 8EP4
£380K05/250.98 mi7, The Maltings, Pontprennau, Cardiff CF23 8EP4

Local Area Statistics

Population in CF3

41,998

Population in Cardiff

357,494

Town centre distance

2.82 miles away

Nearest school

0.20 miles away

Nearest train station

2.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-8%

Sales demand

Balanced market

Capital growth (5yrs)

+33%

Property History

Price changed to £500,000

March 8, 2025

Price changed to £550,000

December 19, 2024

Listed for £560,000

September 23, 2024

Sold for £325,000

2018

Sold for £77,000

2001

Floor Plans

Property image

Description

  • Rare Investment Opportunity +
  • Close to local amenities +
  • 8 Bedroom HMO +
  • Annual Income Of £60,000 +
  • HMO LICENSE EXEMPT +
  • Call Darlows Rumney for more! +

A rare and exceptional investment opportunity in Cardiff East, this expansive 8-bedroom detached property is currently operating as a fully functional House in Multiple Occupation (HMO) without need for a license as confirmed by the vendor. The property sits on large, well-maintained grounds and offers significant rental potential, with spacious living areas and private rooms.

The property’s versatile layout provides ample accommodation and communal space, ensuring comfort and convenience for occupants. With its size and prime location, this is an exceptional opportunity for investors.

Located near vital commuter links, the property provides easy access to routes further into Wales, Bristol, and beyond, making it highly appealing to tenants. Public transport is extremely convenient, with buses to all areas of the city passing every 7 minutes, and a variety of shops just a short walk away.

This is a prime opportunity for investors seeking a high-yield property in a sought-after area. Immediate viewings are recommended to fully appreciate the scale, location, and investment potential this property has to offer.

Agent Details

Darlows, Rumney

029 2271 5367

Next Steps?

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