2 Bed Flat, Single Let, Cardiff, CF11 7AA, £155,000

Coedcae Street, Grangetown, CF11 7AA - 5 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£115K - £234.9K
Sold Prices/m²£1.9K/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£165,369
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£5,850

Total Cash In

£44,600

 

 

Cash Out

 

Rent Range

£750 - £1,905

Rent Estimate

£797

Running Costs/mo

£664

Cashflow/mo

£133

Cashflow/yr

£1,599

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £115K to £234.9K, average is £163.5K. £1.9K/m² to £4K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£172.5K06/230.34 mi21, Virgil Court, Cardiff CF11 6PE2
£142K08/210.38 mi1b, Pendyris Street, Cardiff CF11 6RJ2
£135K07/210.44 mi202, Taff Embankment, Cardiff CF11 7BP2
£171K12/220.45 miFlat 28, Century Court, Taffs Mead Embankment, Cardiff CF11 6RL2
£140K06/210.48 mi216b, Clive Street, Cardiff CF11 7JG2
£170K05/210.48 mi106, Jim Driscoll Way, Cardiff CF11 7JR2
£210K03/230.48 mi131, Jim Driscoll Way, Cardiff CF11 7JR2
£215K12/220.54 mi1, Waterhouse Drive, Cardiff CF11 8AY2
£147.5K04/210.55 mi19, Reresby Court, Cardiff CF10 5NR2
£156.6K09/230.55 mi13, Reresby Court, Cardiff CF10 5NR2
£152K02/210.55 mi49, Reresby Court, Cardiff CF10 5NR2
£165K08/230.55 mi32, Reresby Court, Cardiff CF10 5NR2
£146K06/210.55 mi64, Reresby Court, Cardiff CF10 5NR2
£132.8K04/210.55 mi32, Reresby Court, Cardiff CF10 5NR2
£152.5K10/210.55 mi10, Reresby Court, Cardiff CF10 5NR2
£152.5K02/210.55 mi61, Reresby Court, Cardiff CF10 5NR2
£162K12/220.55 mi56, Reresby Court, Cardiff CF10 5NR2
£234.9K10/210.57 mi104, Judkin Court, Cardiff CF10 5AX2
£233K04/230.57 mi102, Judkin Court, Cardiff CF10 5AX2
£230K01/230.57 mi156, Judkin Court, Cardiff CF10 5AX2
£170K02/230.58 mi18, Jim Driscoll Way, Cardiff CF11 7JA2
£170K12/220.61 mi56, Jim Driscoll Way, Cardiff CF11 7JL2
£190K01/230.62 mi61, Judkin Court, Cardiff CF10 5AU2
£160K07/230.62 miFlat 6, Edward House, Plantagenet Street, Riverside, Cardiff CF11 6AT2
£147K05/210.64 mi45, Carlotta Way, Cardiff CF10 5FY2
£152K03/210.64 mi18, Carlotta Way, Cardiff CF10 5FY2
£150K05/210.64 mi15, Carlotta Way, Cardiff CF10 5FY2
£172.5K07/230.65 mi91, Jim Driscoll Way, Cardiff CF11 7JN2
£140K12/200.68 mi40 The Granary, Magretian Place, Cardiff CF10 4BR2
£188K02/230.68 mi13 The Granary, Magretian Place, Cardiff CF10 4BR2
£175.5K07/230.68 mi37 The Granary, Magretian Place, Cardiff CF10 4BR2
£115K02/210.68 mi137a, Ninian Park Road, Cardiff CF11 6HX2
£175K02/210.68 miFlat 9, Dray Court, Caroline Street, Cardiff CF10 1FQ2
£167.5K04/230.69 mi46, Harrowby Street, Cardiff CF10 5GA2
£123K08/210.69 mi36, Harrowby Street, Cardiff CF10 5GA2
£140K03/210.69 mi90, Harrowby Street, Cardiff CF10 5GA2
£185K07/210.7 miFlat 14, Kenilworth House, Westgate Street, Cardiff CF10 1DJ2
£159.5K07/230.72 miFlat 6, Branksome House, Westgate Street, Cardiff CF10 1DF2
£140K02/210.73 miFlat 8, Branksome House, Westgate Street, Cardiff CF10 1DF2
£153K02/210.73 miFlat 19, Branksome House, Westgate Street, Cardiff CF10 1DF2
£165K03/230.73 miFlat 55, Rimini House, Ffordd Garthorne, Cardiff CF10 4DH2
£150K04/210.73 miFlat 52, Rimini House, Ffordd Garthorne, Cardiff CF10 4DH2
£177K10/200.73 miFlat 234, Altolusso, Bute Terrace, Cardiff CF10 2FH2
£200K10/200.73 miFlat 117, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£153K04/210.73 miFlat 174, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£168K08/210.73 miFlat 263, Altolusso, Bute Terrace, Cardiff CF10 2FH2
£155K10/210.73 miFlat 107, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£176K02/230.73 miFlat 55, Altolusso, Bute Terrace, Cardiff CF10 2FF2
£225K06/230.73 miFlat 183, Altolusso, Bute Terrace, Cardiff CF10 2FH2
£180K12/220.73 miFlat 160, Altolusso, Bute Terrace, Cardiff CF10 2FG2

Local Rents

50 rents from £750/mo to £1.9K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£89501/240.02 mi-2
£95003/240.03 miCoed Cae Street, Grangetown, CARDIFF2
£75005/240.03 miCoed Cae Street, Grangetown, Cardiff2
£1,65003/240.13 miTaff Embankment, CARDIFF2
£1,65003/240.13 miTaff Embankment, CARDIFF2
£1,20005/240.14 miTaff Embankment, Grangetown, Cardiff2
£1,10003/250.21 mi-2
£1,10004/240.22 miThe Old Library, Grangetown2
£1,10005/240.22 mi-2
£1,00003/240.25 miBishop Street, Grangetown2
£1,00003/240.25 miBishop Street, Grangetown2
£1,10003/240.25 miDevon Place, Cardiff2
£1,17503/240.26 mi-2
£1,09902/240.27 mi-2
£95003/240.29 miRookwood Street, Grangetown2
£75003/240.3 miCornwall Street, Cardiff, CF11 6PP2
£1,20005/240.3 miMerches Gardens, Cardiff(City), CF112
£1,10003/240.31 miDevon Street, Grangetown, Cardiff2
£1,20004/240.32 miCornwall Street, Cardiff(City), CF112
£1,10003/240.32 miBromsgrove Street, Grangetown2
£1,15003/240.33 miTynant Street, Grangetown, Cardiff2
£1,35005/240.33 miCorporation Road, Cardiff(City), CF112
£1,25005/240.33 miCorporation Road, Cardiff(City), CF112
£82503/240.34 miCorporation Road, Cardiff, CF11 7AY2
£1,05004/240.34 miVirgil Street, Grangetown2
£1,05003/240.35 miOverstone Court, Cardiff Bay2
£99504/240.35 miOverstone Court, Cardiff Bay2
£99505/240.35 miOverstone Court, Cardiff Bay2
£1,55004/240.35 miApartment 34 Brickworks, Trade Street, Cardiff, CF10 5EG2
£1,42504/240.35 miApartment 19, Brickworks, Trade Street, Cardiff, CF10 5EG2
£1,00003/240.35 miOverstone Court2
£1,10003/240.35 miRutland Street, CARDIFF2
£1,10004/240.35 miRutland Street, CARDIFF2
£1,05004/240.35 miRutland Street, CARDIFF2
£1,10005/240.35 miRutland Street, CARDIFF2
£1,44503/240.38 mi-2
£1,85503/240.38 mi Dumballs Road, Cardiff(City), CF102
£1,85503/240.38 mi Dumballs Road, Cardiff(City), CF102
£1,90503/240.38 mi Dumballs Road, Cardiff(City), CF102
£1,88503/240.38 mi Dumballs Road, Cardiff(City), CF102
£1,76003/240.38 mi Dumballs Road, Cardiff(City), CF102
£1,76003/240.38 mi Dumballs Road, Cardiff(City), CF102
£1,71503/240.38 mi Dumballs Road, Cardiff(City), CF102
£1,65003/240.38 mi Dumballs Road, Cardiff(City), CF102
£1,65503/240.38 mi Dumballs Road, Cardiff(City), CF102
£1,60003/240.38 mi Dumballs Road, Cardiff(City), CF102
£1,58003/240.38 mi Dumballs Road, Cardiff(City), CF102
£1,73003/240.38 mi Dumballs Road, Cardiff(City), CF102
£1,79003/240.38 mi Dumballs Road, Cardiff(City), CF102
£1,59003/240.38 mi Dumballs Road, Cardiff(City), CF102

Local Area Statistics

Population in CF11

36,147

Population in Cardiff

357,494

Town centre distance

2.26 miles away

Nearest school

0.20 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Listed for £155,000

November 7, 2024

Floor Plans

Description

  • Excellent Location Close to City Centre and Bay +
  • Investment Opportunity or First Purchase +
  • Two Bedrooms +
  • Good Size Lounge +
  • Re-Fitted Kitchen +
  • No Onward Chain +
  • Car parking space at the rear +
  • Watch our Unique Video +

This spacious two-bedroom flat sounds like a fantastic opportunity, whether you're a first-time buyer or an investor! Located just minutes from both Cardiff City Centre and Cardiff Bay, it offers the best of urban living with easy access to the popular Taff Trail—ideal for cycling, jogging, and enjoying the outdoors. The flat itself features two generously sized double bedrooms, providing ample space for comfortable living or rental potential. With the added benefit of being within a short walk of local amenities, shops, and entertainment in the Bay and City Centre, it offers a convenient lifestyle or attractive rental yield in a highly sought-after area. This first floor flat comprises an entrance hall, a bright and airy lounge, a re-fitted kitchen, two double bedrooms and a re-fitted bathroom. It's a definite must-see for anyone seeking a well-located, low-maintenance property that balances city excitement with scenic trails nearby! We are advised by the vendor that provisions of electricity, water and sewerage are connected to a mains supply, and no materials used in construction may impact a buyer's enjoyment, mortgage availability, or insurance availability, and there are no issues or restrictions on mobile signal/coverage.

Agent Details

CPS Homes, Cardiff

020 3840 4007

Next Steps?

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