3 Bed Detached House, Planning Permission, Cardiff, CF11 8ND, £390,000

Powderham Drive, Cardiff, CF11 8ND - 2 views - 6 months ago

Planning
ROI: 2%
~93 m²
+20 photos

ValuationOvervalued











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£97,500

Stamp Duty & Legal Fees

£19,900

Refurb Costs

£37,863

Bridging Loan Interest

£10,238

Total Cash In

£167,250

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£260,110

Mortgage (After Refinance)

£195,082

Mortgage LTV

75%

Cash Left In

£167,250

Equity

£65,027

Rent Range

£499 - £2,500

Rent Estimate

£1,347

Running Costs/mo

£1,102

Cashflow/mo

£245

Cashflow/yr

£2,937

ROI

2%

Gross Yield

4%

Local Sold Prices

50 sold prices from £153K to £340K, average is £225K. £1.1K/m² to £4.3K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£227.9K10/210.05 mi12, Amyas Close, Cardiff CF11 8EA3
£252.5K08/220.12 mi37, St Donats Road, Cardiff CF11 8AL3
£177K12/200.13 mi30, Wedmore Road, Cardiff CF11 6SH3
£230K12/220.13 mi8, Wedmore Road, Cardiff CF11 6SH3
£200K11/200.16 mi21, Somerset Street, Cardiff CF11 6TL3
£250K01/210.17 mi46, Virgil Street, Cardiff CF11 8TF3
£243K12/220.17 mi14, Somerset Street, Cardiff CF11 6SY3
£180K10/210.2 mi120, Court Road, Grangetown, Cardiff CF11 6SE3
£200K12/200.2 mi122, Court Road, Grangetown, Cardiff CF11 6SE3
£260K08/220.21 mi177, Bartley Wilson Way, Canton, Cardiff CF11 8EP3
£230K01/230.21 mi1, Compton Street, Cardiff CF11 6TJ3
£153K12/200.22 mi22, Tynant Street, Cardiff CF11 6PJ3
£327K12/220.23 mi4, Bartley Wilson Way, Canton, Cardiff CF11 8EL3
£242.5K04/230.26 mi17, Walton Place, Cardiff CF11 8BL3
£200K02/210.26 mi16, Langham Way, Cardiff CF11 8BJ3
£270K03/210.28 mi83, Bartley Wilson Way, Canton, Cardiff CF11 8EN3
£237.5K07/230.28 mi11, Dorset Street, Cardiff CF11 6PS3
£181.5K03/230.28 mi4, Warwick Street, Cardiff CF11 6PW3
£223K05/230.29 mi36, Allerton Street, Grangetown, Cardiff CF11 6SL3
£189K01/210.29 mi26, Allerton Street, Cardiff CF11 6SL3
£217K12/200.3 mi7, Osborne Square, Cardiff CF11 8BG3
£232K05/210.31 mi14, Faber Way, Cardiff CF11 8DN3
£160K10/210.32 mi43, North Clive Street, Cardiff CF11 6NQ3
£183K08/210.34 mi170, Ninian Park Road, Cardiff CF11 6JE3
£180K09/210.35 mi21, Sloper Road, Cardiff CF11 8AD3
£228K12/200.36 mi155, Sloper Road, Cardiff CF11 8AG3
£233K11/210.37 mi6, Telford Street, Cardiff CF11 6EH3
£192.5K09/210.37 mi7, Littleton Street, Cardiff CF11 6JN3
£245K12/220.37 mi11, Telford Street, Cardiff CF11 6EH3
£325K10/210.39 mi56, Mardy Street, Cardiff CF11 6QU3
£340K02/230.39 mi68, Mardy Street, Cardiff CF11 6QU3
£220.5K03/230.42 mi62, Albert Street, Canton, Cardiff CF11 6JP3
£205K06/230.42 mi37, Gloucester Street, Cardiff CF11 6EL3
£235K04/230.42 mi83, Albert Street, Cardiff CF11 6JQ3
£225K01/210.43 mi8, North Street, Cardiff CF11 7HT3
£200K07/230.43 mi8, Chancery Lane, Cardiff CF11 6EA3
£180K02/230.44 mi1, Redlaver Street, Cardiff CF11 7LY3
£225K07/230.44 mi15, Redlaver Street, Cardiff CF11 7LY3
£180K08/210.45 mi11, Rolls Street, Cardiff CF11 6DT3
£218K05/230.45 mi11, Walford Place, Cardiff CF11 6HS3
£245K07/210.45 mi84, Penarth Road, Cardiff CF11 6NH3
£192K04/230.45 mi20, Clare Street, Cardiff CF11 6BB3
£240K11/200.47 mi17, Paget Street, Cardiff CF11 7LB3
£215K08/220.48 mi7, Heath Street, Cardiff CF11 6LE3
£200K05/210.48 mi17, Leckwith Place, Cardiff CF11 6HR3
£275K07/230.48 mi28, Stockland Street, Cardiff CF11 7LW3
£223K03/210.49 mi5, Ferndale Street, Cardiff CF11 7AZ3
£320K10/210.49 mi14, Hafod Street, Cardiff CF11 6RA3
£315K05/230.5 mi6, Lewis Street, Cardiff CF11 6JZ3
£248K12/200.5 mi18, Ferndale Street, Cardiff CF11 7BA3

Local Rents

39 rents from £499/mo to £2.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,35005/240.13 miWedmore Road, Cardiff(City), CF113
£1,30003/240.16 miSomerset Street, Grangetown, Cardiff, CF113
£1,30003/240.17 miSloper Road, CARDIFF3
£2,50003/240.17 mi-3
£1,25005/240.22 miCompton Street, Grangetown, Cardiff, CF113
£1,70001/250.23 mi-3
£1,40005/240.24 miCornwall Street, Cardiff CF11 6PP3
£1,40003/240.24 miCornwall Street, Cardiff(City), CF113
£1,30003/240.26 miBartley Wilson Way, Cardiff3
£1,20012/240.28 miCourt Road, Barry, Vale of Glamorgan3
£1,20004/240.28 miNorth Clive Street3
£1,20004/240.3 miOsborne Square, City Gardens, Grangetown, Cardiff, CF11 8BG3
£1,35005/240.34 miStafford Road, Cardiff3
£1,25003/240.34 miFonthill Place, Cardiff3
£1,30004/240.34 miChester Place, Grangetown, Cardiff, CF113
£1,50003/240.36 mi-3
£1,50003/240.36 miDurham Street, Cardiff, CF113
£1,30004/240.37 miWells Street, CARDIFF3
£1,10003/240.37 miTrevethick Street, Riverside, Cardiff3
£1,35004/240.39 miRennie Street, Cardiff(City), CF113
£1,40003/250.4 mi-3
£1,18503/240.41 miGloucester Street, Riverside, CF11 6EJ3
£1,20003/240.43 miWells Street, CARDIFF3
£1,30004/240.44 miTudor St, Riverside3
£1,40005/250.46 mi-3
£1,90003/240.48 miPenarth Road, Grangetown3
£1,50003/240.49 miFerndale Street, Cardiff3
£1,20003/240.51 miStockland Street, Grangetown, Cardiff3
£1,10004/250.56 mi-3
£49905/240.56 miCanton Court, Cardiff(City), CF113
£1,27503/240.56 mi-3
£1,07503/240.56 mi-3
£1,25011/230.58 miBroadhaven, Leckwith, Cardiff3
£1,40003/240.58 miBroad Street, Canton, Cardiff, 3
£1,29003/240.59 miBrook Street, City Centre, Cardiff, CF11 6LG3
£1,10003/240.6 miCowbridge Road East, CARDIFF3
£1,40003/240.61 mi-3
£1,50004/240.61 mi7 Lower Cathedral Road, Cardiff(City), CF113
£1,60003/240.61 mi7 Lower Cathedral Road, Cardiff(City), CF113

Property History

Listed for £390,000

November 8, 2024

Floor Plans

Description

  • Conservatory to the rear +
  • Garage conversion to another reception room +
  • Patio doors leading out to the garden +
  • Off Road Parking to the front of the home +
  • En-Suite to the master bedroom +
  • Downstairs Toilet +
  • Three Reception Rooms +

GUIDE PRICE £390,000-£400,000 Welcome to Powderham Drive, a charming three-bedroom detached property in Cardiff's heart. This delightful home boasts off-street parking and perfectly blends comfort, space, and functionality.

Upon entering, you are greeted by a welcoming hallway that leads to the first reception room, ideal for a cosy living area. This space seamlessly connects to the dining room, with doors that allow for the option of separating these areas for more intimate gatherings. The dining room features sliding doors that open onto conservatory that adds an additional seating space leading out into the rear garden. The garage has also been converted creating an additional reception room making the perfect home office, fourth bedroom or play room.

The ground floor also includes a convenient downstairs toilet and a well-appointed kitchen that effortlessly merges with the second dining room. This open-plan design is perfect for family meals and entertaining, with patio doors from the dining area leading directly to the garden. Additionally, the kitchen provides access to the second reception room, which offers a versatile space for a home office, playroom, or additional lounge area and includes a handy storage cupboard.

Upstairs, you will find three generous-sized bedrooms. The main bedroom is a true retreat, featuring built-in wardrobes and an ensuite shower room for added privacy and convenience. One other bedroom also offers built-in wardrobes, providing ample storage space. The family bath/shower room on this floor ensures comfort for the whole family, and an additional storage cupboard on the landing adds to the practicality of the home.

The garden is of low maintenance with a patio upon entry, it also benefits from side access, enhancing its convenience and usability. Due to the garden size, this property has potential for extension, subject to necessary planning permissions.

Agent Details

Darlows, Canton

029 2271 2783

Next Steps?

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