3 Bed Terraced House, Single Let, Cardiff, CF3 5QJ, £155,000

Honiton Road, Llanrumney, Cardiff, CF3 5QJ - 4 views - 6 months ago

Sold STC
Auction
BTL
ROI: 8%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£110K - £280K
Sold Prices/m²£1.5K/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£192,200
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£5,850

Total Cash In

£44,600

 

 

Cash Out

 

Rent Range

£1,000 - £1,700

Rent Estimate

£1,000

Running Costs/mo

£704

Cashflow/mo

£296

Cashflow/yr

£3,548

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £110K to £280K, average is £202.5K. £1.5K/m² to £3.2K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£192.5K08/230 mi14, Honiton Road, Llanrumney, Cardiff CF3 5QJ3
£170K06/210.04 mi20, Malmsmead Road, Llanrumney, Cardiff CF3 5QG3
£212K01/230.04 mi20, Malmesmead Road, Llanrumney, Cardiff CF3 5QG3
£140K11/230.09 mi152, Burnham Avenue, Llanrumney, Cardiff CF3 5QT3
£150K11/210.1 mi79, Honiton Road, Llanrumney, Cardiff CF3 5QL3
£180K08/230.11 mi210, Burnham Avenue, Llanrumney, Cardiff CF3 5PE3
£200K03/210.11 mi224, Burnham Avenue, Llanrumney, Cardiff CF3 5PE3
£205K11/220.12 mi66, Malmesmead Road, Llanrumney, Cardiff CF3 5QH3
£185K01/230.15 mi7, Boswell Close, Llanrumney, Cardiff CF3 5NY3
£137.5K10/200.16 mi5, Othery Place, Llanrumney, Cardiff CF3 5PQ3
£225.5K10/230.16 mi5, Othery Place, Llanrumney, Cardiff CF3 5PQ3
£220K08/230.17 mi431, Ball Road, Llanrumney, Cardiff CF3 5NT3
£250K01/230.17 mi88, Washford Avenue, Llanrumney, Cardiff CF3 5QB3
£240K04/230.17 mi90, Washford Avenue, Llanrumney, Cardiff CF3 5QB3
£177.5K08/230.17 mi51, Washford Avenue, Llanrumney, Cardiff CF3 5QB3
£165K09/230.18 mi9, Bronte Close, Llanrumney, Cardiff CF3 5PN3
£168K04/230.2 mi26, Okehampton Avenue, Llanrumney, Cardiff CF3 5QZ3
£237K01/230.21 mi19, Washford Avenue, Llanrumney, Cardiff CF3 5QA3
£240K05/230.21 mi11, Washford Avenue, Llanrumney, Cardiff CF3 5QA3
£208K01/230.21 mi5, Chesterton Road, Llanrumney, Cardiff CF3 5NF3
£216K10/230.21 mi239, Burnham Avenue, Llanrumney, Cardiff CF3 5PB3
£160K02/210.21 mi257, Burnham Avenue, Llanrumney, Cardiff CF3 5PB3
£200K12/230.21 mi264, Burnham Avenue, Llanrumney, Cardiff CF3 5PF3
£210K01/210.23 mi28, Bampton Road, Llanrumney, Cardiff CF3 5SE3
£172K08/210.23 mi47, Macaulay Avenue, Llanrumney, Cardiff CF3 5NU3
£190K03/230.23 mi43, Okehampton Avenue, Llanrumney, Cardiff CF3 5QY3
£225K08/230.24 mi30, Bronte Crescent, Llanrumney, Cardiff CF3 5PL3
£160K03/210.24 mi52, Dickens Avenue, Llanrumney, Cardiff CF3 5LY3
£152K02/210.24 mi41, Dickens Avenue, Llanrumney, Cardiff CF3 5LY3
£220K01/230.27 mi35, Parracombe Crescent, Llanrumney, Cardiff CF3 5LS3
£222K10/230.28 mi7, Porlock Road, Llanrumney, Cardiff CF3 5TT3
£190K06/210.28 mi10, Banwell Place, Llanrumney, Cardiff CF3 5SH3
£184K08/230.28 mi10, Petherton Place, Llanrumney, Cardiff CF3 5SG3
£235K04/230.29 mi44, Burnham Avenue, Llanrumney, Cardiff CF3 5LQ3
£185K06/210.29 mi48, Burnham Avenue, Llanrumney, Cardiff CF3 5LQ3
£215K05/230.29 mi23, Ilchester Road, Llanrumney, Cardiff CF3 5RG3
£185K10/210.3 mi31, Laureate Close, Llanrumney, Cardiff CF3 5DG3
£172K05/210.31 mi61, Dunster Road, Llanrumney, Cardiff CF3 5TQ3
£110K02/210.32 mi6, Bunyan Close, Llanrumney, Cardiff CF3 5QQ3
£110K02/210.32 mi6, Bunyan Close, Llanrumney, Cardiff CF3 5QQ3
£250K12/220.32 mi14, Purcell Road, Llanrumney, Cardiff CF3 5RZ3
£280K09/230.32 mi13, Purcell Road, Llanrumney, Cardiff CF3 5RZ3
£255K09/230.32 mi10, Purcell Road, Llanrumney, Cardiff CF3 5RZ3
£275K12/220.32 mi86, Elgar Crescent, Llanrumney, Cardiff CF3 5RW3
£220K04/210.33 mi1, Brendon Close, Llanrumney, Cardiff CF3 5RJ3
£250K06/230.34 mi15, Blackmoor Place, Llanrumney, Cardiff CF3 5TS3
£162.5K08/210.34 mi15, Dryden Close, Llanrumney, Cardiff CF3 5JY3
£250K03/230.36 mi4, Croyde Avenue, Llanrumney, Cardiff CF3 5NB3
£253K07/230.36 mi22, Croyde Avenue, Llanrumney, Cardiff CF3 5NB3
£240.5K03/210.36 mi11, Sullivan Close, Llanrumney, Cardiff CF3 5SA3

Local Rents

42 rents from £1K/mo to £1.7K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,35001/250.02 mi-3
£1,10012/240.23 mi-3
£1,39512/240.43 miEurwg Crescent, Old St Melons3
£1,30003/240.56 miCottingham Drive, Pontprennau, CARDIFF3
£1,60005/240.57 miBramshill Drive, Pontprennau, Cardiff, CF233
£1,20012/240.59 mi-3
£1,70012/230.59 mi-3
£1,35003/240.65 miLascelles Drive, Pontprennau, Cardiff3
£1,65003/240.68 mi-3
£1,45003/240.73 mi-3
£1,45003/240.73 miIdencroft Close, Pontprennau, Cardiff, CF233
£1,05003/240.74 miJaycroft Close, Pontprennau, Cardiff, CF233
£1,50004/240.82 miBlackberry Way, CF233
£1,40003/240.82 miBlackberry Way, Pontprennau, CARDIFF3
£1,50004/240.82 miBlackberry Way, Pontprennau3
£1,70003/250.82 mi-3
£1,40004/240.83 mi-3
£1,50002/250.83 mi-3
£1,15012/240.89 miLetterston Road, Rumney, CARDIFF3
£1,19502/250.91 mi-3
£1,60012/240.93 miRhodfa Hughes, Old St Mellons, CF33
£1,35012/240.93 mi-3
£1,25004/240.97 miSindercombe Close, Pontprennau, Cardiff3
£1,30002/240.98 mi-3
£1,30005/240.98 miDungarvan Drive, Pontprennau3
£1,35004/240.98 miClonakilty Way, Pontprennau, Cardiff3
£1,30002/251.01 mi-3
£1,50012/241.01 mi-3
£1,40004/241.02 miClos Nant Y Cor, Pontprennau, Cardiff3
£1,00005/241.06 miBryn Cyn, Pentwyn3
£1,00012/241.06 miBryn Cyn, Pentwyn3
£1,50006/241.06 mi-3
£1,50003/241.06 miClos Nant Ddu, Pontprennau, Cardiff, CF233
£1,50004/241.06 miClos Nant Ddu, Pontprennau, Cardiff, CF233
£1,50004/241.06 miClos Nant Ddu, Pontprennau, Cardiff, CF233
£1,35005/241.1 miClos Dol Heulog, Pontprennau, Cardiff3
£1,20003/241.18 miBryn Pinwydden, CARDIFF3
£1,35012/241.18 mi-3
£1,40003/241.19 miButterfield Drive, Pontprennau, Cardiff3
£1,30012/231.2 mi-3
£1,20003/241.21 miBryn-y-Nant, Llanedeyrn, CARDIFF3
£1,20003/241.23 miThe Hawthorns, Pentwyn3

Local Area Statistics

Population in CF3

41,998

Population in Cardiff

357,494

Town centre distance

3.40 miles away

Nearest school

0.10 miles away

Nearest train station

2.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £155,000

October 17, 2024

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • Council Tax Band - B +
  • Three Bedrooms +
  • Two Reception Rooms +
  • Kitchen with Utility Area +
  • Great Location +

SUMMARY
Offering three bedrooms, two reception rooms. kitchen with utility area and a lovely rear garden is this three bedroom house that is offered to the market with no onward chain. Located in Honinton Road, Llanrumney a perfect first time buy or investment.

DESCRIPTION
With some TLC this would make a perfect first home or investment. Located on Honiton Road and being within easy reach of schools, shops and transport links. A perfect choice in a great location. Call us to arrange your viewing!

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Lounge 14' 2" x 11' 1" ( 4.32m x 3.38m )

Dining Room 11' 3" x 8' 4" ( 3.43m x 2.54m )

Kitchen 12' 1" x 8' 3" ( 3.68m x 2.51m )

Utility Room 9' 6" x 5' 2" ( 2.90m x 1.57m )

Bedroom One 12' 8" x 11' 1" ( 3.86m x 3.38m )

Bedroom Two 11' 3" x 11' 1" ( 3.43m x 3.38m )

Bedroom Three 12' 4" x 8' 4" ( 3.76m x 2.54m )

Bathroom 5' 6" x 5' 1" ( 1.68m x 1.55m )

Garden 

Driveway  

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER PETER ALAN NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Peter Alan, Rumney

029 2271 0992

Next Steps?

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