5 Bed HMO, Cardiff, CF24 3JX, £310,000

Glenroy Street, Cardiff, CF24 3JX - 5 views - 6 months ago

HMO

ROI: 7%

~178 m²

+3 photos

ValuationUndervalued

Sold Prices	£180K - £850K
Sold Prices/m²	£1.3K/m² - £4.6K/m²

Square Metres	~178.28 m²
Price/m²	£1.7K/m²
Value Estimate	£372,000£372,000
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£77,500£77,500
Stamp Duty & Legal Fees	£13,500£13,500
Total Cash In	£91,000£91,000

Cash Out
Room Rate	£529£529
Gross Rent	£2,645£2,645
Running Costs/mo	£2,093£2,093
Cashflow/mo	£552£552
Cashflow/yr	£6,630£6,630
ROI	7%7%
Gross Yield	10%10%

Local Sold Prices

27 sold prices from £180K to £850K, average is £451K. £1.3K/m² to £4.6K/m², average is £3.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£340K	03/23	0.19 mi	107, Claude Road, Cardiff CF24 3QD	-	-	5	Terraced House
£330K	12/22	0.27 mi	35a, Rhymney Street, Cardiff CF24 4DH	£3,474	95	5	Detached House
£310K	05/23	0.36 mi	42, Harriet Street, Cardiff CF24 4BY	-	-	5	Terraced House
£439K	12/20	0.39 mi	118, Marlborough Road, Cardiff CF23 5BY	£3,049	144	5	Terraced House
£440K	04/21	0.42 mi	22, Wordsworth Avenue, Cardiff CF24 3FR	£1,621	271	5	Terraced House
£640K	08/21	0.44 mi	12, Kimberley Road, Cardiff CF23 5DH	£4,507	142	5	Terraced House
£451K	12/20	0.44 mi	217, Mackintosh Place, Cardiff CF24 4RP	£2,301	196	5	Terraced House
£592.5K	11/22	0.47 mi	100, Roath Court Road, Cardiff CF24 3SF	£3,949	150	5	Semi-Detached House
£260K	02/21	0.47 mi	40, May Street, Cardiff CF24 4EX	£2,743	95	5	Terraced House
£550K	12/22	0.48 mi	23, Boverton Street, Cardiff CF23 5ES	£3,548	155	5	Terraced House
£530K	02/21	0.49 mi	60, Kimberley Road, Cardiff CF23 5DL	£3,792	140	5	Terraced House
£502.5K	08/21	0.51 mi	18, Mafeking Road, Cardiff CF23 5DQ	£4,240	119	5	Semi-Detached House
£850K	01/23	0.52 mi	26, Ty-draw Road, Penylan, Cardiff CF23 5HB	-	-	5	Semi-Detached House
£840K	11/20	0.54 mi	35, Tydraw Road, Penylan, Cardiff CF23 5HB	£3,471	242	5	Semi-Detached House
£320K	02/21	0.59 mi	1, Gold Street, Cardiff CF24 0LF	£1,778	180	5	Terraced House
£570K	07/21	0.59 mi	2, Tydfil Place, Cardiff CF23 5HP	£2,676	213	5	Terraced House
£270K	10/21	0.6 mi	4, Treorchy Street, Cardiff CF24 4JP	£3,053	88	5	Terraced House
£180K	05/21	0.61 mi	140, Crwys Road, Cardiff CF24 4NR	-	-	5	Terraced House
£605K	05/21	0.62 mi	38, Waterloo Road, Cardiff CF23 5DZ	£4,475	135	5	Detached House
£425K	03/23	0.63 mi	27, Clun Terrace, Cardiff CF24 4RB	£3,696	115	5	Terraced House
£742.5K	09/21	0.63 mi	3, The Paddock, Cardiff CF23 5JN	£3,390	219	5	Detached House
£555K	06/23	0.64 mi	2, Deri Road, Cardiff CF23 5AJ	£4,625	120	5	Terraced House
£530K	06/21	0.71 mi	32, Brandreth Road, Cardiff CF23 5NW	-	-	5	Detached House
£405K	02/21	0.8 mi	4, Sharpe Close, Penylan, Cardiff CF23 9AJ	-	-	5	Detached House
£275K	07/21	0.84 mi	268, Newport Road, Cardiff CF24 1RS	-	-	5	Semi-Detached House
£230K	06/21	0.93 mi	15, Sanquhar Street, Cardiff CF24 2AA	£1,257	183	5	Terraced House
£543K	08/21	1 mi	28, Ffordd Cwellyn, Cardiff CF23 5NB	-	-	5	Detached House

Local Area Statistics

Population in CF24	55,14855,148
Population in Cardiff	357,494357,494
Town centre distance	1.20 miles away1.20 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.52 miles away0.52 miles away

Rental demand	Landlord's marketLandlord's market
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+22%+22%

Property History

Listed for £310,000

October 3, 2024

Sold for £177,000

2010

Sold for £165,000

2008

Sold for £170,000

2006

Floor Plans

Description

** HMO PROPERTY ** +
** Good source of Income ** +
** Five Bedrooms ** +
** Two Shower Rooms ** +
** Close To Albany Road ** +

Moving You Estate Agents has a great opportunity for an investor/landlord. We have a five-bedroom, two-shower room terraced property that, when fully let, offers a great return on investment.

Agent Details

Moving You, Covering South Wales & Bristol

03334 041188

Next Steps?

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

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