5 Bed HMO, Cardiff, CF24 4QH, £325,000

Malefant Street, Cardiff, CF24 4QH - 6 views - 5 months ago

Sold STC
HMO
ROI: 6%
~178 m²
+13 photos

ValuationUndervalued

Sold Prices£180K - £1.2M
Sold Prices/m²£2.3K/m² - £4.5K/m²

 

 

Square Metres

~178.28 m²
Price/m²£1.8K/m²

Value Estimate

£403,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Room Rate

£529

Gross Rent

£2,645

Running Costs/mo

£2,144

Cashflow/mo

£501

Cashflow/yr

£6,011

ROI

6%

Gross Yield

10%

Local Sold Prices

24 sold prices from £180K to £1.2M, average is £530K. £2.3K/m² to £4.5K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£180K05/210.13 mi140, Crwys Road, Cardiff CF24 4NR5
£425K03/230.16 mi27, Clun Terrace, Cardiff CF24 4RB5
£570K07/210.25 mi2, Tydfil Place, Cardiff CF23 5HP5
£451K12/200.26 mi217, Mackintosh Place, Cardiff CF24 4RP5
£260K02/210.27 mi40, May Street, Cardiff CF24 4EX5
£550K12/220.32 mi23, Boverton Street, Cardiff CF23 5ES5
£270K10/210.38 mi4, Treorchy Street, Cardiff CF24 4JP5
£310K05/230.51 mi42, Harriet Street, Cardiff CF24 4BY5
£850K01/230.52 mi26, Ty-draw Road, Penylan, Cardiff CF23 5HB5
£840K11/200.52 mi35, Tydraw Road, Penylan, Cardiff CF23 5HB5
£530K06/210.55 mi32, Brandreth Road, Cardiff CF23 5NW5
£725K01/210.56 mi51, Lake Road West, Cardiff CF23 5PH5
£299.9K03/210.58 mi66, Australia Road, Cardiff CF14 3DA5
£330K12/220.62 mi35a, Rhymney Street, Cardiff CF24 4DH5
£742.5K09/210.75 mi3, The Paddock, Cardiff CF23 5JN5
£543K08/210.75 mi28, Ffordd Cwellyn, Cardiff CF23 5NB5
£340K03/230.77 mi107, Claude Road, Cardiff CF24 3QD5
£640K08/210.78 mi12, Kimberley Road, Cardiff CF23 5DH5
£502.5K08/210.84 mi18, Mafeking Road, Cardiff CF23 5DQ5
£530K02/210.89 mi60, Kimberley Road, Cardiff CF23 5DL5
£832K02/210.9 mi157, Lake Road West, Cardiff CF23 5PL5
£439K12/200.93 mi118, Marlborough Road, Cardiff CF23 5BY5
£1.2M04/210.96 mi112, Cyncoed Road, Cardiff CF23 6BL5
£590K06/230.96 mi7, Beatty Avenue, Cardiff CF23 5QR5

Local Area Statistics

Population in CF24

55,148

Population in Cardiff

357,494

Town centre distance

0.57 miles away

Nearest school

0.20 miles away

Nearest train station

0.65 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £325,000

October 17, 2024

Sold for £170,000

2011

Floor Plans

Description

  • Council Tax E +

  • 5 BEDROOM HMO +

  • WITHIN WALKING DISTANCE TO CARDIFF UNIVERSITY AND UNIV HOSPITAL OF WALES +

  • LOCAL AMENITIES ON THE DOORSTEP +

  • CLOSE TO LOCAL BUS ROUTES AND TRANSPORT LINKS +

  • WALKING DISTANCE TO CARDIFF CITY CENTRE +

  • OPEN PLAN KITCHEN/LOUNGE +

SUMMARY
Welcome to Malefant street, This five bedroom HMO is fully let into the next academic year with a high ROI. Large footprint with great potential whilst remaining well kept with lovely original features this is not to be missed!

DESCRIPTION
Peter Alan are delighted to present to the market this well presented fully let HMO mid terrace situated on Malefant Street. Completely refurbished in 2013, this property is well kept and fully let into the next academic year with a strong ROI and is sold with all fixtures and contents. Comfortably comprising of entrance hallway with two/three reception rooms with open plan kitchen living area, to the rear a well kept low maintenance yard. To the first floor you will find three bedrooms and two separate bathrooms. This property is a must see if you are looking to expand your portfolio or start one! Call us today to arrange your appointment.

Entrance Hall 

Ground Floor 

Bedroom Three 11' 3" max x 10' 8" into bay ( 3.43m max x 3.25m into bay )

Bedroom Two/ Reception Room 16' 4" max x 9' 1" max ( 4.98m max x 2.77m max )

Open Plan Kitchen/ Lounge 9' 1" max x 22' 1" Max ( 2.77m max x 6.73m Max )
A fitted open plan kitchen/ lounge, including all fixtures such as fridge freezer, separate fridge and washing machine.

First Floor 

Bedroom One 14' 10" max x 10' 8" max ( 4.52m max x 3.25m max )

Bedroom Four 11' 7" max x 8' 9" max ( 3.53m max x 2.67m max )

Bedroom Five 8' 4" max x 9' 3" max ( 2.54m max x 2.82m max )

Bathroom 
including electric instantaneous shower over bath

Shower Room 
Mains fed shower in cubicle

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, Roath

029 2271 0570

Next Steps?

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