4 Bed Detached House, Refurb/BRRR, Cardiff, CF23 5LJ, £595,000

Birchwood Road, Penylan, Cardiff, CF23 5LJ - 6 months ago

Sold STC
Refurb/BRRR
Planning
~129 m²
+17 photos

ValuationOvervalued

Sold Prices£160K - £850K
Sold Prices/m²£2K/m² - £5.8K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.6K/m²

Value Estimate

£392,055

 

 

End Value (After Refurb)

£586,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£148,750

Stamp Duty & Legal Fees

£36,300

Refurb Costs

£52,815

Bridging Loan Interest

£15,619

Total Cash In

£255,234

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£586,000

Mortgage (After Refinance)

£439,500

Mortgage LTV

75%

Cash Left In

£255,234

Equity

£146,500

Rent Range

£1,200 - £3,840

Rent Estimate

£2,174

Running Costs/mo

£2,286

Cashflow/mo

£-112

Cashflow/yr

£-1,345

Gross Yield

4%

Local Sold Prices

50 sold prices from £160K to £850K, average is £493.8K. £2K/m² to £5.8K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£375K03/210.13 mi10, Wasdale Close, Cardiff CF23 5NY4
£455K01/210.13 mi8, Brandreth Gardens, Cardiff CF23 5NJ4
£586K05/230.16 mi20, Brandreth Road, Cardiff CF23 5NW4
£399.5K04/210.16 mi21, Eskdale Close, Cardiff CF23 5LF4
£580K09/210.19 mi12, Ffordd Bodlyn, Cardiff CF23 5NG4
£625K08/210.19 mi8, Lady Mary Road, Cardiff CF23 5NS4
£695K08/210.31 mi8, Queenwood Close, Penylan, Cardiff CF23 9JH4
£760K11/210.32 mi62, Cyncoed Road, Cardiff CF23 5SH4
£705K01/230.36 mi14, Bronwydd Avenue, Cardiff CF23 5JP4
£600K04/230.37 mi141, Carisbrooke Way, Cardiff CF23 9HU4
£617.9K08/230.38 mi5, The Retreat, Cardiff CF23 5QZ4
£402K10/200.39 mi114, Carisbrooke Way, Cardiff CF23 9HX4
£724K02/210.42 mi4, Bronwydd Close, Cardiff CF23 5RA4
£505.5K01/210.43 mi24, Cefn Coed Avenue, Cardiff CF23 6HG4
£530K03/230.44 mi5, Tydfil Place, Cardiff CF23 5HP4
£455K04/230.44 mi31, Morlais Street, Cardiff CF23 5HQ4
£620K11/220.44 mi23, Tydfil Place, Cardiff CF23 5HP4
£655K11/220.44 mi34, Cefn Coed Avenue, Cardiff CF23 6HG4
£490K12/200.44 mi32, Cefn Coed Avenue, Cardiff CF23 6HG4
£482K05/210.44 mi9, Boverton Street, Cardiff CF23 5ES4
£610K03/230.44 mi26, Boverton Street, Cardiff CF23 5ES4
£425K11/200.45 mi67, Shirley Road, Cardiff CF23 5HL4
£412K06/210.45 mi11, Shirley Road, Cardiff CF23 5HL4
£425K05/230.45 mi51, Shirley Road, Cardiff CF23 5HL4
£500K04/210.47 mi18, Llwyn Y Grant Terrace, Penylan, Cardiff CF23 9EW4
£775K07/230.47 mi89, Lake Road West, Cardiff CF23 5PJ4
£740K12/200.47 mi149, Lake Road West, Cardiff CF23 5PJ4
£850K02/210.47 mi105, Lake Road West, Cardiff CF23 5PJ4
£485K01/210.48 mi4, Colchester Avenue, Penylan, Cardiff CF23 9BP4
£340K06/220.5 mi81, Pen Y Wain Road, Cardiff CF24 4GG4
£650K12/220.5 mi19, Winchester Avenue, Penylan, Cardiff CF23 9BT4
£475K04/210.5 mi11, Winchester Avenue, Penylan, Cardiff CF23 9BT4
£435K07/230.51 mi67, Carisbrooke Way, Cardiff CF23 9HT4
£740K12/200.51 mi149, Lake Road West, Cardiff CF23 5PJ4
£289K06/210.52 mi52, Grafton Close, Penylan, Cardiff CF23 9JB4
£260K11/200.53 mi1, Tewkesbury Place, Cardiff CF24 4QU4
£260K11/200.53 mi1, Tewkesbury Place, Cardiff CF24 4QU4
£260K11/200.53 mi1, Tewkesbury Place, Cardiff CF24 4QU4
£550K11/200.56 mi87, Windermere Avenue, Cardiff CF23 5PS4
£430K05/210.56 mi28, Colchester Avenue, Penylan, Cardiff CF23 9BP4
£495K06/210.56 mi40, Llanedeyrn Road, Penylan, Cardiff CF23 9DY4
£325K06/230.56 mi117, Donald Street, Cardiff CF24 4TN4
£390K09/210.56 mi1, Harrismith Road, Cardiff CF23 5DG4
£625K12/210.57 mi34, Southcourt Road, Penylan, Cardiff CF23 9DB4
£450K02/210.58 mi34, Melrose Avenue, Penylan, Cardiff CF23 9AR4
£470K01/230.58 mi35, Waterloo Road, Penylan, Cardiff CF23 9BJ4
£499.9K12/200.59 mi60, Waterloo Road, Penylan, Cardiff CF23 9BH4
£695K02/230.59 mi13, Winnipeg Drive, Cardiff CF23 6ET4
£492.5K02/230.59 mi51, Dorchester Avenue, Penylan, Cardiff CF23 9BS4
£160K10/210.59 mi35, Ael Y Bryn, Llanedeyrn, Cardiff CF23 9LG4

Local Rents

50 rents from £1.2K/mo to £3.8K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£1,95003/240.09 miClos Tecwyn, CARDIFF4
£2,25012/240.14 miFfordd Cwellyn, Penylan4
£1,95003/240.22 miLake View Apartments, Lady Mary Road, Cardiff3
£1,65003/240.34 miCefn Coed Avenue, Cyncoed, Cardiff3
£1,50012/240.34 mi-3
£2,10003/240.35 mi-4
£2,50003/250.35 mi-4
£2,10003/240.35 miLake Road West, Cardiff, CF234
£1,50003/240.37 miCarisbrooke Way, Cardiff, CF234
£1,30003/240.37 miCarisbrooke Way, Cardiff, CF234
£1,30005/240.37 mi-4
£2,00003/250.39 mi-3
£1,42504/240.4 miTorrens Drive, Lakeside3
£1,20005/240.42 miNinian Road, Roath, Cardiff3
£1,85003/240.44 miMorlais Street, CARDIFF4
£2,40003/240.44 miWindermere Avenue, Cardiff5
£2,50005/240.45 mi-5
£2,85003/240.45 miKelvin Road, Cardiff(City), CF236
£2,85003/240.45 miKelvin Road, Cardiff(City), CF236
£1,20003/240.45 miPen-y-lan Road, Cardiff(City), CF233
£1,50005/240.45 miPen-Y-Lan Road, CARDIFF3
£2,10003/240.46 miHendy Street, Roath, Cardiff, CF234
£2,10003/240.47 miHendy Street, Roath, CARDIFF5
£1,33503/240.47 miWaterloo Road, Penylan, Cardiff, CF23 9BL3
£3,16012/240.49 miPen-Y-Wain Road, Roath8
£3,04012/240.49 miPen-Y-Wain, Cathays, Cardiff, CF24 4GG8
£3,04512/240.49 miPen-Y-Wain Road, Cardiff7
£2,00012/240.49 mi-4
£2,82012/240.5 miPen-y-wain Road, Cardiff(City), CF246
£3,40012/240.5 miPen-y-wain Road, Cardiff(City), CF248
£3,04512/240.5 miPen-y-wain Road, Cardiff(City), CF247
£2,25012/240.5 miClun Terrace, Cathays, CF24 4RB5
£1,40004/240.52 miGrafton Close, Penylan3
£2,55012/240.52 miMonthermer Road, Cathays, Cardiff5
£2,75003/240.53 miLakeside Drive, Lakeside, Cardiff5
£2,10012/240.54 miAlfred Street, Roath4
£2,47512/240.54 miMonthermer Road, Cathays.5
£2,00012/240.54 miMalefant Street, Cathays5
£1,37505/240.54 miGrafton Close, Penylan, CARDIFF3
£3,84012/240.54 miMackintosh Place, Cardiff8
£3,50003/240.55 mi-4
£3,18012/240.55 miMalefant Street, Cardiff6
£1,88012/240.56 mi-4
£1,90012/240.56 miMonthermer Road, CARDIFF4
£1,90012/240.56 miMonthermer Road, Roath, Cardiff, CF24 4QY4
£1,20004/240.57 miAwel Mor, Llanedeyrn, Cardiff3
£1,30012/240.58 miArabella Street, CARDIFF3
£2,10001/250.59 mi-4
£2,12512/240.59 miCardiff, Cardiff, CF245
£2,12512/240.59 miDonald Street, Roath, Cardiff5

Local Area Statistics

Population in CF23

46,988

Population in Cardiff

357,494

Town centre distance

1.05 miles away

Nearest school

0.30 miles away

Nearest train station

0.98 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+22%

Sales demand

Balanced market

Capital growth (5yrs)

+41%

Property History

Listed for £595,000

October 2, 2024

Floor Plans

Description

Located on the highly sought after Birchwood Road, is this spacious and well maintained four bedroom family home, now in need of some modernisation. No Chain.

Accommodation Briefly Comprises:
Entrance Porch
Entrance Hall
Cloakroom/W.C
Lounge Diner
Sitting Room
Kitchen/Breakfast Room
Study
Four Bedrooms
Bathroom/Shower Room/W.C
Garage with Utility Area
Front and Rear Garden

Location
Conveniently situated close to local shops. Albany/Wellfield Road shopping centre is a short driving distance away. The very popular Roath Park with its Lake and other amenities is nearby. Access to the Eastern Avenue is a short driving distance away. Catchment area for Lakeside Primary and Cardiff High School.

Summary

The property has been well maintained, but would benefit from some modernisation, providing an excellent opportunity to create your dream home. 

The ground floor features a welcoming lounge/diner, a cosy sitting room, and a versatile study, perfect for working from home. The kitchen/breakfast room offers ample space. 

Upstairs, the four generously sized bedrooms provide plenty of space for the whole family with built in wardrobes and storage. Family Bathroom/Shower Room. 

The property also boasts a triple-length garage with a utility area, providing extensive storage or conversion subject to necessary planning permission.  

The mature, tiered garden offers a peaceful outdoor retreat, with space for relaxation and entertaining. 

The property falls within the catchment area for the esteemed Lakeside Primary and Cardiff High School, making it ideal for families.

Ground Floor

Entrance Porch

Entrance Hall
 
Lounge/Diner 21' 11'' x 12' 0'' (6.68m x 3.65m)

Sitting Room 13' 7'' x 11' 2'' (4.14m x 3.40m)

Kitchen/Breakfast Room 14' 11'' x 9' 11'' (4.54m x 3.02m)

Study 11' 5'' x 10' 1'' (3.48m x 3.07m)

Cloakroom/W.C 6' 8'' x 4' 0'' (2.03m x 1.22m)

First Floor

Bedroom One 16' 3'' x 10' 0'' (4.95m x 3.05m)

Bedroom Two 14' 9'' x 11' 11'' (4.49m x 3.63m)

Bedroom Three 12' 0'' x 11' 3'' (3.65m x 3.43m)

Bedroom Four 10' 7'' x 10' 0'' (3.22m x 3.05m)

Bathroom/Shower Room 10' 6'' x 5' 10'' (3.20m x 1.78m)

Outside

**Garage/Utility Area  **

Front garden

Rear Garden

Tenure
Freehold.

Agent Details

Hentons, Cardiff

029 2271 5307

Next Steps?

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