2 Bed Flat, Single Let, Cardiff, CF3 4BJ, £140,000

Kennerleigh Road, Cardiff, CF3 4BJ - 3 views - 6 months ago

Sold STC
Leasehold
BTL
ROI: 6%
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£70K - £170K
Sold Prices/m²£946/m² - £2.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£130,729

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£800 - £1,250

Rent Estimate

£844

Running Costs/mo

£626

Cashflow/mo

£218

Cashflow/yr

£2,612

ROI

6%

Gross Yield

7%

Local Sold Prices

44 sold prices from £70K to £170K, average is £122.8K. £946/m² to £2.6K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£70K09/230 mi80, Kennerleigh Road, Cardiff CF3 4BJ2
£120K12/200 mi96, Kennerleigh Road, Cardiff CF3 4BJ2
£125K05/210.01 mi54, Kennerleigh Road, Cardiff CF3 4BJ2
£125K07/230.02 mi24, Chulmleigh Close, Cardiff CF3 4BL2
£118K11/200.02 mi17, Chulmleigh Close, Cardiff CF3 4BL2
£125K04/230.02 mi11, Chulmleigh Close, Cardiff CF3 4BL2
£140K09/210.04 mi97, Kennerleigh Road, Cardiff CF3 4BH2
£128K04/210.04 mi77, Kennerleigh Road, Cardiff CF3 4BG2
£128K04/210.06 mi77, Kennerleigh Road, Cardiff CF3 4BG2
£128K11/230.06 mi33, Kennerleigh Road, Cardiff CF3 4BG2
£128K12/200.06 mi27, Kennerleigh Road, Cardiff CF3 4BG2
£132.5K06/210.07 mi69, Kennerleigh Road, Cardiff CF3 4BG2
£120K02/230.08 miCumberland Court, 44, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£125K02/210.08 mi66, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£115K11/220.08 mi10, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£116K07/210.08 mi34, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£123K05/230.08 mi22, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£114K05/210.08 mi44, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£136K09/220.11 miFlat 20, Lancaster Court, Cranleigh Rise, Rumney, Cardiff CF3 4AP2
£112K01/240.11 miSutherland Court, Flat 16, Cranleigh Rise, Rumney, Cardiff CF3 4AP2
£122.5K11/200.21 mi96, Lynmouth Crescent, Rumney, Cardiff CF3 4AW2
£113K09/220.24 miLynton Court, 6, Lynmouth Crescent, Rumney, Cardiff CF3 4AT2
£107K09/220.24 miSeaton Court, 9, Lynmouth Crescent, Rumney, Cardiff CF3 4AT2
£112K07/230.24 miBarnstaple Court, 38, Lynmouth Crescent, Rumney, Cardiff CF3 4AT2
£125K11/230.26 mi56, Lynmouth Crescent, Rumney, Cardiff CF3 4AU2
£135K09/210.33 mi17, Wentloog Close, Rumney, Cardiff CF3 3HA2
£150K08/230.33 mi35, Wentloog Close, Rumney, Cardiff CF3 3HB2
£140K06/230.33 mi43, Wentloog Close, Rumney, Cardiff CF3 3HB2
£133K12/200.33 mi41, Wentloog Close, Rumney, Cardiff CF3 3HB2
£135K12/200.51 mi26, Witla Court Road, Rumney, Cardiff CF3 3LT2
£90K05/210.6 mi172, Greenway Road, Rumney, Cardiff CF3 3PN2
£85K09/230.69 miFlat 6, Downton Grange, New Road, Rumney, Cardiff CF3 3BW2
£123K09/230.76 mi59, Woolacombe Avenue, Llanrumney, Cardiff CF3 4TD2
£120K10/230.83 mi15, Mount Pleasant Avenue, Llanrumney, Cardiff CF3 5SX2
£105K04/230.85 mi22, Chapel Wood, Llanedeyrn, Cardiff CF23 9EE2
£170K06/210.86 mi2a, Countisbury Avenue, Llanrumney, Cardiff CF3 5SP2
£90K04/210.9 mi37, Trowbridge Road, Rumney, Cardiff CF3 1QL2
£120K06/230.92 mi123, Coed Edeyrn, Llanedeyrn, Cardiff CF23 9JX2
£91K11/200.94 mi10, Glyn Collen, Cardiff CF23 7ER2
£124K11/220.95 mi37, Awel Mor, Llanedeyrn, Cardiff CF23 9QA2
£110K07/210.98 mi53, Glan Rhymni, Splott, Cardiff CF24 2TW2
£119K03/210.98 mi43, Glan Rhymni, Splott, Cardiff CF24 2TW2
£137K11/221 mi21, Cwrt Coles, Cardiff CF24 2RY2
£77K10/231 mi6, Abergele Road, Rumney, Cardiff CF3 1RR2

Local Rents

38 rents from £800/mo to £1.3K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£90012/240.02 miChulmleigh Close, CARDIFF2
£90012/240.04 miKennerleigh Road2
£85001/250.12 mi-2
£85012/240.13 miCheirton Court, Cranleigh Rise2
£95012/240.21 miLynmouth Crescent, Rumney, Cardiff2
£95012/240.22 miNewport Road2
£99512/240.62 miArlington Crescent, Llanrumney, Cardiff, CF32
£1,00012/240.76 mi-2
£1,10012/240.93 mi-2
£1,00004/250.93 mi-2
£85012/240.95 mi-2
£1,10012/240.98 mi-2
£1,00004/250.98 mi-2
£95004/240.99 miClarendon Road, Penylan, Cardiff2
£95001/250.99 mi-2
£1,00012/241 mi-2
£85002/251.02 mi-2
£1,05003/241.03 miBryn Haidd, Pentwyn, Cardiff 2
£97503/241.06 miBryn Haidd, Pentwyn2
£99503/251.06 mi-2
£1,05012/241.06 mi-2
£1,05002/251.06 mi-2
£99504/241.08 miBrynheulog, Pentwyn2
£99503/241.1 miBrynheulog, Pentwyn, Cardiff, CF232
£1,25003/251.1 mi-2
£1,15005/241.15 miWyncliffe Gardens, Cardiff, CF232
£1,15005/241.15 mi-2
£1,15003/251.15 mi-2
£1,15006/241.15 mi-2
£80003/241.17 miWern Goch West, Llanederyn, Cardiff2
£1,00003/241.17 miFoster Drive, Penylan, Cardiff2
£1,15003/241.2 miFfordd Nowell, Penylan2
£89503/241.21 miFfordd Nowell, Penylan, Cardiff, CF232
£1,20003/241.23 miThomas Court, Harrismith Road, Penylan2
£1,20003/241.23 miThomas Court, Harrismith Road, Penylan2
£1,20005/241.23 miThomas Court, Harrismith Road, Penylan2
£1,20003/241.24 miWaterloo Road, Cardiff2
£1,20003/241.24 miWaterloo Road, Penylan, Cardiff(City), CF232

Local Area Statistics

Population in CF3

41,998

Population in Cardiff

357,494

Town centre distance

2.61 miles away

Nearest school

0.20 miles away

Nearest train station

2.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £140,000

October 22, 2024

Sold for £112,000

2017

Sold for £105,000

2014

Sold for £110,000

2006

Sold for £59,950

2001

Sold for £40,500

2000

Floor Plans

Description

  • Council Tax Band - B +
  • Two Double Bedrooms +
  • Spacious Lounge +
  • Chain Free +
  • Kitchen and Bathroom +
  • Communal Gardens +
  • Close To Amenities +

SUMMARY
This two double bedroom first floor flat is offered to the market with no onward chain. Presented to the market in excellent order throughout and within walking distance to local shops, amenites and bus stops. A perfect choice in a great location.

DESCRIPTION
Are you looking to get on the proerpty ladder? then take a look at this chain free first floor flat that makes a perfect first time buy or invetment. Located in Kennerleigh Road and offering two double bedrooms, kitchen and bathroom and a spacious lounge, further benefiting from having plenty of storage throughout and communal gardens. Perefctly located for shops, bus stops and local amenities. Call us to arrange your viewing!

Entrance 

Lounge 21' x 11' 4" ( 6.40m x 3.45m )

Kitchen 11' 4" x 7' 6" ( 3.45m x 2.29m )

Bedroom One 14' 4" x 11' 3" ( 4.37m x 3.43m )

Bedroom Two 11' 3" x 11' 5" ( 3.43m x 3.48m )

Bathroom 7' 4" x 6' 5" ( 2.24m x 1.96m )

Communal Gardens 

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, Rumney

029 2271 0992

Next Steps?

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