2 Bed Terraced House, Single Let, Cardiff, CF24 1HB, £180,000

Pearl Street, Splott, Cardiff, CF24 1HB - 6 months ago

BTL

ROI: 4%

~64 m²

+4 photos

ValuationOvervalued

Sold Prices	£142.5K - £252.5K
Sold Prices/m²	£1.5K/m² - £3.5K/m²

Square Metres	~63.80 m²
Price/m²	£2.8K/m²
Value Estimate	£171,072£171,072

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£45,000£45,000
Stamp Duty & Legal Fees	£11,300£11,300
Total Cash In	£56,300£56,300

Cash Out
Rent Range	£750 - £2,600£750 - £2,600
Rent Estimate	£950
Running Costs/mo	£773£773
Cashflow/mo	£178£178
Cashflow/yr	£2,130£2,130
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £142.5K to £252.5K, average is £199K. £1.5K/m² to £3.5K/m², average is £2.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£163K	03/21	0.09 mi	63, Diamond Street, Cardiff CF24 1NR	£2,117	77	2	Semi-Detached House
£165K	01/21	0.1 mi	1, Zinc Street, Cardiff CF24 0HG	£2,292	72	2	Terraced House
£162.5K	03/21	0.11 mi	60, Railway Street, Cardiff CF24 2DH	£2,226	73	2	Terraced House
£180K	01/21	0.12 mi	1, Lead Street, Cardiff CF24 0LJ	-	-	2	Terraced House
£221K	11/21	0.13 mi	51, Railway Street, Cardiff CF24 2DE	£1,939	114	2	Terraced House
£175K	02/21	0.16 mi	17, Zinc Street, Cardiff CF24 0HG	£2,734	64	2	Terraced House
£222K	12/21	0.18 mi	48, Cecil Street, Cardiff CF24 1NW	£2,624	85	2	Terraced House
£184K	08/22	0.2 mi	107, Pearl Street, Cardiff CF24 1PL	£1,508	122	2	Semi-Detached House
£196K	07/21	0.21 mi	191, Railway Street, Cardiff CF24 2NB	£1,987	99	2	Terraced House
£150K	09/21	0.21 mi	13, Howard Street, Cardiff CF24 2AX	£2,316	65	2	Terraced House
£230K	12/20	0.22 mi	35, Burnaby Street, Cardiff CF24 2JX	£2,980	77	2	Terraced House
£170K	03/21	0.22 mi	2, Gwendoline Street, Cardiff CF24 2AS	£1,713	99	2	Terraced House
£145K	12/20	0.22 mi	19, Gwendoline Street, Cardiff CF24 2AS	£2,266	64	2	Terraced House
£178.5K	05/23	0.22 mi	10, Gwendoline Street, Cardiff CF24 2AS	£2,705	66	2	Terraced House
£200K	06/23	0.23 mi	20, Asgog Street, Cardiff CF24 2AR	£3,175	63	2	Terraced House
£150K	03/21	0.25 mi	4, Kerrycroy Street, Cardiff CF24 2AQ	£2,344	64	2	Terraced House
£185K	07/21	0.25 mi	6, Bertram Street, Cardiff CF24 1NX	-	-	2	Terraced House
£177.5K	11/21	0.27 mi	22, Inchmarnock Street, Cardiff CF24 2AL	£3,030	59	2	Terraced House
£187.5K	12/20	0.28 mi	43, Harold Street, Cardiff CF24 1NZ	£1,769	106	2	Terraced House
£163K	05/21	0.29 mi	27, Seymour Street, Cardiff CF24 2NR	-	-	2	Terraced House
£210K	02/23	0.3 mi	192, Railway Street, Cardiff CF24 2NH	£2,647	79	2	Terraced House
£201K	11/21	0.3 mi	36, Swinton Street, Cardiff CF24 2NU	£2,716	74	2	Terraced House
£170K	06/23	0.3 mi	8, Kingarth Street, Cardiff CF24 2AH	£3,215	53	2	Terraced House
£210K	06/23	0.32 mi	49, Theodora Street, Cardiff CF24 1PB	-	-	2	Terraced House
£188K	11/20	0.36 mi	182, Pearl Street, Cardiff CF24 1RB	£2,000	94	2	Terraced House
£148K	02/23	0.37 mi	293, Railway Street, Cardiff CF24 2NE	-	-	2	Terraced House
£218K	03/23	0.38 mi	208, Railway Street, Cardiff CF24 2NJ	£2,946	74	2	Terraced House
£210K	12/20	0.39 mi	6, Florence Street, Cardiff CF24 2PA	£2,658	79	2	Terraced House
£198K	04/23	0.39 mi	10, Florence Street, Cardiff CF24 2PA	-	-	2	Terraced House
£230K	12/21	0.39 mi	13, Florence Street, Cardiff CF24 2PA	£2,447	94	2	Semi-Detached House
£205K	05/22	0.4 mi	The Coach House, Arthur Street, Cardiff CF24 1QR	£2,741	75	2	Detached House
£227.5K	04/21	0.42 mi	179, Moorland Road, Cardiff CF24 2LH	£2,968	77	2	Terraced House
£210K	06/23	0.43 mi	13, Fort Street, Cardiff CF24 1QQ	£2,763	76	2	Terraced House
£220K	05/23	0.52 mi	27, Spring Gardens Terrace, Cardiff CF24 1QW	£2,418	91	2	Terraced House
£250K	07/23	0.52 mi	1, Clive Place, Cardiff CF24 3EE	£3,472	72	2	Terraced House
£165K	12/20	0.53 mi	29, Spring Gardens Place, Cardiff CF24 1QY	£1,962	84	2	Terraced House
£185K	03/23	0.53 mi	23, Spring Gardens Place, Cardiff CF24 1QY	£3,033	61	2	Terraced House
£179K	10/21	0.53 mi	22, Lily Street, Cardiff CF24 3EB	£2,965	60	2	Terraced House
£215K	11/21	0.53 mi	2, Lily Street, Cardiff CF24 3EB	£3,180	68	2	Terraced House
£230K	02/21	0.53 mi	29, Croft Street, Cardiff CF24 3DZ	£2,840	81	2	Terraced House
£207K	04/23	0.54 mi	39, Plasnewydd Road, Cardiff CF24 3GN	£3,044	68	2	Terraced House
£252K	06/23	0.54 mi	140, Cyfarthfa Street, Cardiff CF24 3HH	£2,891	87	2	Terraced House
£246K	03/23	0.54 mi	135, Cyfarthfa Street, Cardiff CF24 3HH	£3,154	78	2	Terraced House
£200K	12/20	0.56 mi	10, Plasnewydd Road, Cardiff CF24 3EN	£2,439	82	2	Terraced House
£245.5K	07/23	0.57 mi	119, Cyfarthfa Street, Cardiff CF24 3HG	£2,864	86	2	Terraced House
£192.5K	04/23	0.57 mi	7, Plasnewydd Road, Cardiff CF24 3EN	£2,567	75	2	Terraced House
£206.5K	03/21	0.58 mi	12, Cottrell Road, Roath, Cardiff CF24 3EY	£2,734	76	2	Terraced House
£142.5K	11/20	0.6 mi	51, Meredith Road, Cardiff CF24 2SW	£2,375	60	2	Semi-Detached House
£252.5K	07/23	0.6 mi	59, Cyfarthfa Street, Cardiff CF24 3HF	£3,279	77	2	Terraced House
£218.9K	12/20	0.61 mi	137, Treharris Street, Cardiff CF24 3HP	£2,576	85	2	Terraced House

Local Rents

50 rents from £750/mo to £2.6K/mo, average is £1.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,100	12/24	0.02 mi	Diamond Street, Roath, Cardiff, CF24	2	Terraced House
£1,100	02/25	0.03 mi	-	2	Flat
£900	02/25	0.04 mi	-	2	Flat
£900	12/24	0.1 mi	-	2	Flat
£950	02/25	0.1 mi	-	2	Flat
£950	03/25	0.1 mi	-	2	Flat
£950	04/25	0.1 mi	-	2	Flat
£1,200	12/24	0.11 mi	Ruby Street, Cardiff	2	Terraced House
£895	12/24	0.16 mi	-	2	Flat
£1,100	12/24	0.19 mi	Splott Road, Splott	2	Flat
£1,150	12/24	0.2 mi	Gold Street, Adamsdown	2	Flat
£950	12/24	0.21 mi	Gwendoline Place	2	Terraced House
£1,000	12/24	0.21 mi	Marion Street, CARDIFF	2	Flat
£950	02/25	0.22 mi	-	2	Terraced House
£1,000	12/24	0.22 mi	Piercefield Place	2	Flat
£950	12/24	0.23 mi	Asgog Street, Splott, Cardiff	2	Flat
£1,000	12/24	0.24 mi	-	2	Terraced House
£925	03/24	0.25 mi	-	2	Flat
£1,025	01/25	0.25 mi	-	2	Flat
£2,600	04/25	0.25 mi	-	2	Detached House
£1,100	12/24	0.25 mi	Asgog Street, Cardiff	2	Terraced House
£1,600	01/25	0.25 mi	-	2	Terraced House
£750	12/24	0.26 mi	Flat 3 - Splott Road, Splott, Cardiff	2	Flat
£1,050	03/25	0.27 mi	-	2	Terraced House
£1,100	12/24	0.27 mi	Inchmarnock Street, CARDIFF	2	Flat
£1,089	03/24	0.27 mi	-	2	Flat
£999	03/25	0.27 mi	-	2	Flat
£1,089	12/24	0.27 mi	Coveny Street, Cardiff, CF24	2	Flat
£1,150	01/25	0.28 mi	-	2	Flat
£2,500	12/24	0.28 mi	-	2	Flat
£1,850	12/24	0.28 mi	-	2	Flat
£2,300	03/25	0.29 mi	-	2	Flat
£875	12/24	0.3 mi	Cumrae Street	2	Terraced House
£1,450	12/23	0.3 mi	-	2	Flat
£1,000	12/24	0.33 mi	Stacey Road, CARDIFF	2	Flat
£1,200	12/24	0.33 mi	Newport Road, Roath	2	Flat
£1,200	12/24	0.33 mi	Newport Road, Roath	2	Flat
£1,200	12/24	0.33 mi	Newport Road, Roath	2	Flat
£1,200	03/25	0.33 mi	-	2	Flat
£1,200	01/24	0.34 mi	-	2	Flat
£1,550	12/24	0.34 mi	-	2	Flat
£1,150	01/25	0.34 mi	-	2	Flat
£1,150	02/25	0.34 mi	-	2	Flat
£1,150	04/25	0.34 mi	-	2	Flat
£995	12/24	0.34 mi	Flat 2, 71 Elm Street Cardiff, CF24 3QT	2	Flat
£1,150	12/24	0.35 mi	Central Court, Roath	2	Flat
£1,150	12/24	0.36 mi	Newport Road, Roath	2	Flat
£1,000	12/24	0.36 mi	Broadway, CARDIFF	2	Flat
£1,000	12/24	0.36 mi	Broadway, CARDIFF	2	Flat
£1,000	12/24	0.36 mi	Broadway, Cardiff	2	Flat

Local Area Statistics

Population in CF24	55,14855,148
Population in Cardiff	357,494357,494
Town centre distance	1.98 miles away1.98 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.67 miles away0.67 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 £180,000

October 7, 2024

Floor Plans

Description

Charming two-bedroom terraced property +
Open plan kitchen/living area +
Two bedrooms +
First floor bathroom +
Close to City Centre +

Presenting for sale this charming two-bedroom terraced property. The house boasts one well-proportioned kitchen / living room, ideal for both entertaining and everyday living. The open plan living area is complemented by two comfortable bedrooms that offer ample space for furnishings, making this property perfect for a a couple or an individual.

The terraced design of the property adds a certain charm and character, while also promoting a sense of community with neighbouring homes. This property is not only a house but a potential home full of possibilities.

This property is on the market for sale, an opportunity not to be missed for those seeking to start a new chapter in a comfortable and charming setting. This two-bedroom terraced house is waiting to become a wonderful home for its new owners.

Please contact us to arrange a viewing or for more information. We are more than happy to help you with your property journey.

Agent Details

Moginie James, Roath

029 2271 0655

Next Steps?

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

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