6 Bed Flat, Single Let, Cardiff, CF24 3PX, £485,000

Connaught Road, Roath, CF24 3PX - 5 months ago

BTL
~186 m²

Valuation

Sold PricesNo enough data locally

 

 

Square Metres

~186 m²

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£121,250

Stamp Duty & Legal Fees

£39,700

Total Cash In

£160,950

 

 

Cash Out

 

Rent Range

£524 - £6,300

Rent Estimate

£1,088

Running Costs/mo

£1,753

Cashflow/mo

£-665

Cashflow/yr

£-7,983

Gross Yield

3%

Local Sold Prices

Not enough data

Local Rents

50 rents from £524/mo to £6.3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,95012/240.07 mi-5
£2,10003/250.07 mi-5
£1,95012/240.07 miConnaught Road, Cardiff, CF245
£1,49512/240.07 miClaude Road, CARDIFF4
£6,30012/240.1 mi-9
£2,25012/240.1 mi-5
£2,25004/250.1 mi-5
£1,60512/240.14 miArran Street, Cardiff3
£1,54512/240.16 miTreharris Street, Roath, Cardiff, CF24 3HQ3
£1,50003/240.16 miMarlborough Road, Cardiff, CF234
£1,25012/240.17 mi-3
£2,20004/250.17 mi-4
£1,60012/240.17 miOakfield Street, Roath, Cardiff3
£1,60005/240.18 mi-3
£1,60012/240.18 miRoath, Cardiff, CF243
£1,47512/240.18 miSt Martins Row, Albany Road, Roath3
£3,70002/250.19 mi-3
£1,80012/240.23 miAlbany Road, Roath, Cardiff4
£2,20003/250.24 mi-4
£1,25012/240.24 miTreharris Street, CARDIFF3
£1,95004/240.24 miSandringham Road, Penylan, Cardiff3
£1,05003/240.25 miBalaclava Road, Penylan3
£2,85012/240.25 miAlfred Street, Cardiff, CF246
£2,12512/240.26 miKeppoch Street, Roath, Cardiff5
£2,15012/240.27 miBangor Street, Roath, Cardiff, CF24 3LQ5
£1,35012/240.28 miNewport Road, Newport Road, Cardiff, South Glamorgan, CF24 1RH3
£1,92012/240.29 miAngus Street, Roath, Cardiff4
£2,75012/240.29 miKeppoch Street, Roath5
£2,60002/250.29 mi-5
£1,90012/240.3 miNewport Road, Cardiff4
£2,10001/250.31 mi-4
£2,50012/240.31 miStraithnairn Street, Cardiff, CF245
£1,40012/240.32 miCyfarthfa Street, Roath3
£52412/240.32 miNewport Road, Cardiff(City), CF2414
£1,45012/240.32 miArran Street, Roath, CF243
£2,10005/240.32 miAmesbury Road, Penylan4
£2,10005/240.32 miAmesbury Road, Penylan4
£1,10003/240.33 mi-3
£1,78012/240.34 mi-4
£2,25012/240.34 miAngus Street, CF245
£1,50012/240.35 mi-3
£2,12512/240.35 miCardiff, Cardiff, CF245
£2,00001/240.35 mi-4
£1,86012/240.35 miAlbany Road, Roath, CF24 3RP4
£1,50012/240.35 miAlbany Road, Roath, CF24 3RP3
£2,00012/240.35 miKincraig Street, Roath, Cardiff (Ref. P1723)5
£1,50003/250.37 mi-3
£1,72012/240.37 miStacey Road, Roath, Cardiff, CF24 1DR4
£1,65012/240.38 mi-4
£2,37512/240.38 miDiana Street, Roath 5

Local Area Statistics

Population in CF24

55,148

Population in Cardiff

357,494

Town centre distance

1.43 miles away

Nearest school

0.20 miles away

Nearest train station

0.79 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Price changed to £485,000

March 12, 2025

Listed for £500,000

October 28, 2024

Description

  • Block of Four Flats +
  • Investment Opportunity +
  • Sought After Location +
  • Close to Amenities +
  • Good Transport Links +
  • Convenient for University +

We are delighted to present to market this block of four flats, presenting a fantastic investment opportunity in the heart of the sought after Roath area. The property comprises two x 2 bedroom flats and two x 1 bedroom flats, currently producing a rental income of £37,200 per annum. This would yield a return of approximately 7.5% based on the current asking price. The property would benefit from some updating which would offer further growth potential. This is a prime Roath location with easy access to local amenities, including banks, parks, restaurants, shops, bars and coffee shops, as well as being within walking distance to Cardiff city centre and the University. There are also good transport links with a regular bus service close by. Book your viewing appointment via the Isla Alexander web portal or via telephone through our reservations team.

Agent Details

Isla-Alexander, Covering Nationwide

029 2130 2037

Next Steps?

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