2 Bed Flat, Refurb/BRRR, Cardiff, CF24 3QB, £170,000





ValuationFair Value
Sold Prices | £95K - £532.5K |
Sold Prices/m² | £1.6K/m² - £19.3K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.5K/m² |
Value Estimate | £171,673 |
| |
End Value (After Refurb) | £202,492 |
Uplift in Value | +19% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £42,500 |
Stamp Duty & Legal Fees | £6,300 |
Refurb Costs | £27,830 |
Bridging Loan Interest | £4,463 |
Total Cash In | £82,843 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £202,492 |
Mortgage (After Refinance) | £151,869 |
Mortgage LTV | 75% |
Cash Released | £24,369 |
Cash Left In | £58,474 |
Equity | £50,623 |
Rent Range | £620 - £1,450 |
Rent Estimate | £1,138 |
Running Costs/mo | £880 |
Cashflow/mo | £258 |
Cashflow/yr | £3,091 |
ROI | 4% |
Gross Yield | 8% |
Local Sold Prices
38 sold prices from £95K to £532.5K, average is £167.5K. £1.6K/m² to £19.3K/m², average is £2.5K/m².
Local Rents
52 rents from £620/mo to £1.4K/mo, average is £1.1K/mo.
Local Area Statistics
Population in CF24 | 55,148 |
Population in Cardiff | 357,494 |
Town centre distance | 1.39 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.72 miles away |
| |
Rental demand | Landlord's market |
Sales demand | Seller's market |
Capital growth (5yrs) | +22% |
Property History
Listed for £170,000
September 24, 2024
Floor Plans

Description
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