5 Bed HMO, Cardiff, CF24 3EH, £280,000

49 Talworth Street, Cardiff, CF24 3EH - 4 views - 5 months ago

Sold STC
HMO
ROI: 9%
102 m²
+20 photos

ValuationUndervalued

Sold Prices£180K - £850K
Sold Prices/m²£1.3K/m² - £4.6K/m²

 

 

Square Metres

102 m²
Price/m²£2.7K/m²

Value Estimate

£354,050
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£11,900

Total Cash In

£81,900

 

 

Cash Out

 

Room Rate

£529

Gross Rent

£2,645

Running Costs/mo

£1,989

Cashflow/mo

£656

Cashflow/yr

£7,867

ROI

10%

Gross Yield

11%

Local Sold Prices

26 sold prices from £180K to £850K, average is £445.5K. £1.3K/m² to £4.6K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£440K04/210.17 mi22, Wordsworth Avenue, Cardiff CF24 3FR5
£330K12/220.33 mi35a, Rhymney Street, Cardiff CF24 4DH5
£340K03/230.34 mi107, Claude Road, Cardiff CF24 3QD5
£320K02/210.37 mi1, Gold Street, Cardiff CF24 0LF5
£592.5K11/220.43 mi100, Roath Court Road, Cardiff CF24 3SF5
£310K05/230.47 mi42, Harriet Street, Cardiff CF24 4BY5
£439K12/200.48 mi118, Marlborough Road, Cardiff CF23 5BY5
£640K08/210.63 mi12, Kimberley Road, Cardiff CF23 5DH5
£530K02/210.64 mi60, Kimberley Road, Cardiff CF23 5DL5
£230K06/210.66 mi15, Sanquhar Street, Cardiff CF24 2AA5
£260K02/210.67 mi40, May Street, Cardiff CF24 4EX5
£502.5K08/210.7 mi18, Mafeking Road, Cardiff CF23 5DQ5
£451K12/200.71 mi217, Mackintosh Place, Cardiff CF24 4RP5
£555K06/230.72 mi2, Deri Road, Cardiff CF23 5AJ5
£270K10/210.75 mi4, Treorchy Street, Cardiff CF24 4JP5
£605K05/210.75 mi38, Waterloo Road, Cardiff CF23 5DZ5
£550K12/220.76 mi23, Boverton Street, Cardiff CF23 5ES5
£275K07/210.78 mi268, Newport Road, Cardiff CF24 1RS5
£850K01/230.79 mi26, Ty-draw Road, Penylan, Cardiff CF23 5HB5
£840K11/200.8 mi35, Tydraw Road, Penylan, Cardiff CF23 5HB5
£180K05/210.82 mi140, Crwys Road, Cardiff CF24 4NR5
£570K07/210.86 mi2, Tydfil Place, Cardiff CF23 5HP5
£742.5K09/210.87 mi3, The Paddock, Cardiff CF23 5JN5
£425K03/230.89 mi27, Clun Terrace, Cardiff CF24 4RB5
£405K02/210.91 mi4, Sharpe Close, Penylan, Cardiff CF23 9AJ5
£530K06/210.98 mi32, Brandreth Road, Cardiff CF23 5NW5

Local Area Statistics

Population in CF24

55,148

Population in Cardiff

357,494

Town centre distance

1.42 miles away

Nearest school

0.20 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Price changed to £280,000

December 26, 2024

Listed for £290,000

November 4, 2024

Sold for £170,000

2006

Floor Plans

Description

  • NO CHAIN +

  • PROPERTY BENEFITS FROM PRE-EXISTING HMO LICENCE +

  • VEHICLE ACCESS TO REAR +

  • FANTASTIC LOCATION WITHIN WALKING DISTANCE OF LOCAL AMENITIES +

  • WITHIN WALKING DISTANCE TO CARDIFF CITY CENTRE +

  • CLOSE TO LOCAL TRANSPORT LINKS +

  • PERFECT FIRST TIME PURCHASE OR INVESTMENT PROPERTY +

  • COUNCIL TAX BAND E +

SUMMARY
Welcome to Talworth Street, a versatile home offering spacious living accommodation with three reception rooms, a kitchen leading onto the rear garden and WC. Potential of achieving a high ROI or could make the perfect family home.

DESCRIPTION
Peter Alan are delighted to present to the market this Three Bedroom Mid Terrace Home ideally situated in a sought after location, within walking distance of a host of local amenities including independent restaurants, Cafe's and transport links and further benefiting from being a stones throw from Cardiff City Centre. The ground floor offers spacious living accommodation with three reception rooms, the dining room having a small conservatory annex with access to the rear garden. The kitchen also gives access to the rear garden. There is a second WC and a useful storage shed. To the first floor you will find a family bathroom, separate WC with handbasin and three good size bedrooms.

Entrance Hallway 

Lounge 13' Max x 10' 9" Max ( 3.96m Max x 3.28m Max )

Sitting Room 12' 2" Max x 9' 8" Max ( 3.71m Max x 2.95m Max )

Dining Room 12' 9" Max x 9' 6" Max ( 3.89m Max x 2.90m Max )

Kitchen 9' 6" Max x 6' 9" Max ( 2.90m Max x 2.06m Max )

Landing 

Bedroom One 15' Max x 11' Max ( 4.57m Max x 3.35m Max )

Bedroom Two 12' Max x 9' Max ( 3.66m Max x 2.74m Max )

Bedroom Three 12' Max x 9' Max ( 3.66m Max x 2.74m Max )

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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