2 Bed Terraced House, Refurb/BRRR, Cardiff, CF24 4SW, £255,000

51 Arabella Street, Cardiff, CF24 4SW - 3 views - 6 months ago

Sold STC
Refurb/BRRR
ROI: 2%
70 m²
+14 photos

ValuationOvervalued

Sold Prices£162.5K - £290K
Sold Prices/m²£2.3K/m² - £3.9K/m²

 

 

Square Metres

70 m²
Price/m²£3.6K/m²

Value Estimate

£203,468

 

 

End Value (After Refurb)

£250,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£63,750

Stamp Duty & Legal Fees

£9,100

Refurb Costs

£28,602

Bridging Loan Interest

£6,694

Total Cash In

£109,896

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£250,000

Mortgage (After Refinance)

£187,500

Mortgage LTV

75%

Cash Left In

£109,896

Equity

£62,500

Rent Range

£850 - £2,900

Rent Estimate

£1,271

Running Costs/mo

£1,055

Cashflow/mo

£216

Cashflow/yr

£2,587

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £162.5K to £290K, average is £221.3K. £2.3K/m² to £3.9K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£237K08/210.01 mi37, Arabella Street, Cardiff CF24 4SW2
£197.5K04/210.03 mi29, Arabella Street, Cardiff CF24 4SW2
£218K04/210.03 mi27, Arabella Street, Cardiff CF24 4SW2
£217.5K05/210.03 mi33, Arabella Street, Cardiff CF24 4SW2
£233K01/210.04 mi103, Moy Road, Cardiff CF24 4TE2
£227.8K03/210.04 mi50, Inverness Place, Cardiff CF24 4RZ2
£199K03/210.04 mi31, Donald Street, Cardiff CF24 4TJ2
£255K02/230.09 mi106, Inverness Place, Cardiff CF24 4SA2
£279.9K09/210.09 mi112, Inverness Place, Cardiff CF24 4SA2
£240K06/210.09 mi99, Inverness Place, Cardiff CF24 4RW2
£230K11/200.13 mi57, Strathnairn Street, Cardiff CF24 3JL2
£230K06/210.17 mi71, Strathnairn Street, Cardiff CF24 3JP2
£265K05/230.17 mi83, Strathnairn Street, Cardiff CF24 3JP2
£240K10/210.18 mi109, Alfred Street, Cardiff CF24 4UA2
£222.5K04/210.19 mi86, Glenroy Street, Cardiff CF24 3JY2
£206K04/210.21 mi142, Strathnairn Street, Cardiff CF24 3JQ2
£205K03/230.21 mi116, Strathnairn Street, Cardiff CF24 3JP2
£179.9K12/200.21 mi159, Woodville Road, Cardiff CF24 4NW2
£226.8K11/200.22 mi30, Keppoch Street, Cardiff CF24 3JW2
£290K02/230.25 mi108, Cottrell Road, Roath, Cardiff CF24 3EX2
£225K07/230.27 mi3, Robert Street, Cathays, Cardiff CF24 4PB2
£215K02/210.27 mi96, Keppoch Street, Cardiff CF24 3JU2
£203K12/200.27 mi133, Keppoch Street, Cardiff CF24 3JU2
£210K01/210.29 mi48, Upper Kincraig Street, Roath, Cardiff CF24 3HB2
£232K06/210.32 mi87, Treharris Street, Cardiff CF24 3HL2
£198K03/210.32 mi88, Treharris Street, Cardiff CF24 3HL2
£212.5K03/210.32 mi74, Cottrell Road, Roath, Cardiff CF24 3EZ2
£220K09/210.32 mi44, Robert Street, Cathays, Cardiff CF24 4PD2
£225.5K02/210.32 mi42, Spencer Street, Cardiff CF24 4PG2
£215K03/210.33 mi32, Treharris Street, Cardiff CF24 3HN2
£205K02/210.33 mi16, Treharris Street, Cardiff CF24 3HN2
£162.5K11/210.33 mi1, Brydges Place, Cardiff CF24 4DP2
£248.2K08/210.33 mi109, Arran Street, Cardiff CF24 3HU2
£277K07/230.33 mi144, Arran Street, Roath, Cardiff CF24 3HU2
£187K03/210.33 mi9, Gwennyth Street, Cardiff CF24 4PH2
£218.9K12/200.34 mi137, Treharris Street, Cardiff CF24 3HP2
£187K03/210.34 mi9, Gwennyth Street, Cardiff CF24 4PH2
£232K10/210.34 mi52, Daniel Street, Cardiff CF24 4NY2
£252.5K07/230.35 mi59, Cyfarthfa Street, Cardiff CF24 3HF2
£268K07/230.35 mi15, Bruce Street, Cardiff CF24 4PJ2
£210K06/230.35 mi31, Russell Street, Cardiff CF24 3BG2
£245.5K07/230.38 mi119, Cyfarthfa Street, Cardiff CF24 3HG2
£206.5K03/210.38 mi12, Cottrell Road, Roath, Cardiff CF24 3EY2
£192.5K04/230.39 mi7, Plasnewydd Road, Cardiff CF24 3EN2
£200K12/200.4 mi10, Plasnewydd Road, Cardiff CF24 3EN2
£246K03/230.4 mi135, Cyfarthfa Street, Cardiff CF24 3HH2
£252K06/230.41 mi140, Cyfarthfa Street, Cardiff CF24 3HH2
£230K02/210.41 mi29, Croft Street, Cardiff CF24 3DZ2
£179K10/210.42 mi22, Lily Street, Cardiff CF24 3EB2
£215K11/210.42 mi2, Lily Street, Cardiff CF24 3EB2

Local Rents

51 rents from £850/mo to £2.9K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,30012/240.06 miArabella Street, Roath2
£2,90012/240.07 mi-2
£1,50012/240.1 miMackintosh Place, Roath2
£1,40012/240.1 mi-2
£1,00011/240.11 mi-2
£1,00002/250.11 mi-2
£1,20002/240.13 mi-2
£2,10003/240.13 mi-2
£2,70012/240.13 mi-2
£2,60001/250.13 mi-2
£1,20002/250.13 mi-2
£1,05012/240.14 miRichmond Road, Roath, Cathays2
£92512/240.14 miRichmond Rd, Roath, Cardiff2
£1,20001/250.14 mi-2
£1,20012/240.14 mi-2
£1,10012/240.17 miRichmond Road, Roath2
£1,10012/240.17 miGlenroy Street, Roath, Cardiff2
£1,10012/240.18 miRichmond Road, Roath2
£1,10012/240.18 miRichmond Road, Roath2
£1,40012/240.18 miRichmond Road, Cardiff(City), CF242
£1,15012/240.19 miMackintosh Place, CARDIFF2
£1,15012/240.19 miMackintosh Place, CF242
£1,20012/240.19 miBangor Street, CARDIFF2
£1,10012/240.19 miRichmond Road, Roath2
£1,10012/240.2 miRichmond Road, Roath, CARDIFF2
£1,10012/240.2 miRichmond Road, CARDIFF2
£1,15012/240.2 miRichmond Road - 2024 Cardiff2
£1,35012/240.2 miRichmond Road Cardiff2
£1,15012/240.21 miKeppoch Street, Roath, Cardiff, CF24 3JW2
£1,15012/240.21 miKeppoch Street, Cardiff2
£1,20012/240.21 mi-2
£1,29012/240.22 miRichmond Road, Cardiff2
£1,25012/240.22 mi-2
£1,20003/240.22 mi-2
£1,10012/240.23 miAlbany Road, CARDIFF2
£1,10012/240.23 miAlbany Road, CARDIFF2
£1,10012/240.26 miBangor Street, Roath Park2
£1,29512/240.26 mi-2
£85012/240.26 miClaude Road, Roath2
£1,40012/240.26 miRichmond Road, Roath2
£1,28012/240.26 miRichmond Parc, Richmond Road, Cardiff2
£1,40002/250.27 mi-2
£1,15005/240.27 miPark View House, Ninian Road, Roath2
£1,50005/240.27 miNinian Road, Cardiff2
£99502/240.28 mi-2
£99512/240.28 mi-2
£99512/240.28 mi-2
£99012/240.28 miClaude Rd, Roath Cardiff.2
£1,30001/240.28 mi-2
£1,15002/250.28 mi-2
£1,19512/240.28 miCity Rd, Roath2

Local Area Statistics

Population in CF24

55,148

Population in Cardiff

357,494

Town centre distance

1.06 miles away

Nearest school

0.10 miles away

Nearest train station

0.52 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £255,000

October 3, 2024

Sold for £214,000

2019

Sold for £72,500

2001

Sold for £69,950

1999

Floor Plans

Description

  • 2 Double Bedrooms +
  • Open Plan Living/Dining/Kitchen Area +
  • Original Features +
  • 3 piece bathroom +
  • Low maintenance large rear garden +
  • On street parking +
  • 3D Virtual Tour & 3D Video Tour Available +
  • Gorgeous Rear Extension +

To Book a viewing, please select 'Request Details' or 'Email Agent' and we will arrange a viewing slot for you as soon as possible.

Tathams offer a beautifully presented two double bedroom home, situated in an excellent location. The property has modernisation throughout, which really brings this home to life.

The downstairs offers an entrance hallway, an lovely open plan lounge/dining room with fantastic alcove space across both rooms which lends itself naturally for storage opportunities. This space leads into the kitchen, which is a U shape with built in appliances.

The bathroom is located at the rear downstairs of the property, just beyond the kitchen and benefits from a larger shower enclosure. The upstairs of the property boasts two double bedrooms, the master with two large windows; again providing lots of natural light. There is plenty of room for wardrobe and storage space, the second bedroom is also a good size second double bedroom.

Access to the rear garden is through a wonderfully unique all glass roof extension, allowing natural light to flood the entire downstairs of the property.

Externally the low maintenance rear garden comprises a magnificent range of plants that add a wow factor to the property. The garden is a great sun trap for the summer.

For additional information, please see detailed floorplan, virtual tour (tap the ruler button to measure any section of the room) and video tour.

Every effort has been made to ensure all details on this page are correct. All information given (including but not limited to photographs, floorplans, measurements and costs) should only be treated as a general guide and description of the property. No survey of the property or of its contents has been conducted and further details should be checked with your legal representative. If you believe any information on this page is incorrect then please contact us. All information and photographs are copyright Tathams.
Tenure: WE HAVE BEEN INFORMED THAT THE PROPERTY IS FREEHOLD BUT PLEASE VERIFY THIS VIA YOUR LEGAL REPRESENTATIVE.

Agent Details

Tathams, Cardiff

029 2271 4164

Next Steps?

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