2 Bed Flat, Single Let, Cardiff, CF5 5FD, £130,000

Cowbridge Road West, Cardiff, CF5 5FD - 5 months ago

Sold STC
Leasehold
BTL
ROI: 9%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£55K - £375K
Sold Prices/m²£887/m² - £3.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£141,898
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£7,700

Total Cash In

£40,200

 

 

Cash Out

 

Rent Range

£795 - £1,200

Rent Estimate

£928

Running Costs/mo

£612

Cashflow/mo

£316

Cashflow/yr

£3,794

ROI

9%

Gross Yield

9%

Local Sold Prices

42 sold prices from £55K to £375K, average is £130K. £887/m² to £3.7K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£115K08/210.11 miFlat 6, Harrow Court, Colin Way, Cardiff CF5 5AW2
£97K10/200.11 miFlat 5, Harrow Court, Colin Way, Cardiff CF5 5AW2
£128K06/230.12 miFlat 4, Oundle Court, Colin Way, Cardiff CF5 5AX2
£130K04/230.16 mi45, Limeslade Close, Cardiff CF5 3BD2
£118K05/210.16 mi24, Limeslade Close, Cardiff CF5 3BD2
£144K03/230.36 miFlat 29, Mclay Court, St Fagans Road, Cardiff CF5 3BP2
£225K09/230.38 miFlat 1, Gleneagles Court, Windway Road, Cardiff CF5 1AJ2
£160K06/230.51 mi47, Doyle Avenue, Cardiff CF5 3HT2
£375K06/210.76 miGround Floor Flat, 84, Pencisely Road, Cardiff CF5 1DQ2
£375K06/210.76 miGround Floor Flat, 84, Pencisely Road, Cardiff CF5 1DQ2
£375K06/210.76 miGround Floor Flat, 84, Pencisely Road, Cardiff CF5 1DQ2
£183K06/230.77 mi42, Rookwood Close, Cardiff CF5 2NS2
£100K10/220.77 mi6, Quarry Close, Cardiff CF5 3HD2
£340K03/230.78 miFlat 14, The Retreat, The Chantry, Llandaff, Cardiff CF5 2NT2
£275K12/220.8 miFlat 5, Cranmer Court, Ely Road, Cardiff CF5 2JD2
£230K03/210.8 miFlat 2, Cranmer Court, Ely Road, Cardiff CF5 2JD2
£139.9K08/210.8 mi21, Rookwood Close, Cardiff CF5 2NR2
£150K10/210.82 miFlat 3, St Michaels Court, Western Avenue, Cardiff CF5 2BP2
£130K12/200.82 miFlat 5, St. Michaels Court, Western Avenue, Cardiff CF5 2BP2
£85K02/210.82 miFlat 1, St Michaels Court, Western Avenue, Cardiff CF5 2BP2
£112.5K06/210.83 mi41, Greenland Crescent, Cardiff CF5 3HE2
£125K03/230.83 mi14, Greenland Crescent, Cardiff CF5 3HE2
£105K09/200.83 mi11, Greenland Crescent, Cardiff CF5 3HE2
£120K09/230.83 mi22, Greenland Crescent, Cardiff CF5 3HE2
£130K11/220.83 miFlat 5, St. Michaels Court, Western Avenue, Cardiff CF5 2BP2
£75K07/230.86 mi170, Heol Trelai, Cardiff CF5 5PG2
£180K10/200.87 miFirst Floor Flat, 109, Clive Road, Canton, Cardiff CF5 1GL2
£175K04/230.87 miGround Floor Flat, 109, Clive Road, Canton, Cardiff CF5 1GL2
£133.5K07/210.89 mi27, Whitland Crescent, Cardiff CF5 3NL2
£138K06/210.9 mi26, Fairwood Road, Cardiff CF5 3QJ2
£135K07/210.9 mi34, Fairwood Road, Cardiff CF5 3QJ2
£55K01/210.9 mi52, Fairwood Road, Cardiff CF5 3QJ2
£100K03/230.9 mi40, Fairwood Road, Cardiff CF5 3QJ2
£82.5K10/210.93 mi33, Fairwood Road, Cardiff CF5 3QF2
£140K05/230.93 mi69, Fairwood Road, Cardiff CF5 3QF2
£82.5K02/210.93 mi21, Forest View, Cardiff CF5 3EL2
£82.5K02/210.93 mi21, Forest View, Cardiff CF5 3EL2
£320K05/210.93 miFlat 21, Petherton Mews, Llantrisant Road, Llandaff, Cardiff CF5 2SJ2
£118K06/210.99 mi171, Fairwood Road, Cardiff CF5 3QH2
£120K04/210.99 mi173, Fairwood Road, Cardiff CF5 3QH2
£130K11/211 mi90, Fairwood Road, Cardiff CF5 3QL2
£88K03/211 mi82, Fairwood Road, Cardiff CF5 3QL2

Local Rents

12 rents from £795/mo to £1.2K/mo, average is £985/mo.

RentDateDistanceAddressBeds 
£79512/240.09 miMegan Court Cowbridge Road West CF5 5DQ2
£99512/240.18 miEly Road, Fairwater2
£99512/240.18 miEly Road, Fairwater2
£90012/240.19 miEly Road, Fairwater2
£1,10003/250.26 mi-2
£97512/240.32 miPengwern Road, CARDIFF2
£97512/240.33 miPengwern Road, Cardiff, CF52
£97512/240.33 miPengwern Road, Cardiff, CF52
£97503/240.33 mi-2
£1,15004/240.41 miThe Boulevard, Canton, Cardiff2
£1,00002/250.47 mi-2
£1,20003/240.53 miStryd Elai, Canton, CARDIFF2

Local Area Statistics

Population in CF5

65,999

Population in Cardiff

357,494

Town centre distance

2.14 miles away

Nearest school

0.10 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+32%

Property History

Listed for £130,000

October 19, 2024

Floor Plans

Description

  • Open plan living +

  • Council Tax Band - C +

  • Duplex flat +

  • Walking distance to local amenities +

  • Close to local schools +

  • Excellent transport links +

  • Modern throughout +

SUMMARY
Located on Cowbridge Road East. Offering open plan living, modern fitted kitchen, two double bedroom a high spec modern fitted bathroom. The property is further benefiting from being within walking distance to local primary & secondary schools

DESCRIPTION
A two bedroom duplex flat in Riverview Court, Cowbridge Road East is ideally located with it being only minutes away from local amenities including transport links to the city centre, commuter links, convenient stores and with in walking distance of Victoria Park and Canton High Street. The property is to a high standard throughout and offers open plan living, two double bedroom and a modern fitted bathroom.

Communal Entrance Hall 

Kitchen / Lounge 17' 3" x 14' 7" ( 5.26m x 4.45m )

Landing 

Bedroom One 10' 2" x 11' 10" ( 3.10m x 3.61m )

Bedroom Two 10' 7" x 9' 10" ( 3.23m x 3.00m )

Bathroom 

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

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, Victoria Park

029 2271 7679

Next Steps?

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