3 Bed Semi-Detached House, Refurb/BRRR, Cardiff, CF14 4AF, £260,000

38 Caerphilly Road, Birchgrove, Cardiff, CF14 4AF - 1 views - 4 months ago

Refurb/BRRR
ROI: 3%
94 m²
+6 photos

ValuationFair Value

Sold Prices£197K - £495K
Sold Prices/m²£2.1K/m² - £5.4K/m²

 

 

Square Metres

94 m²
Price/m²£2.8K/m²

Value Estimate

£265,200

 

 

End Value (After Refurb)

£319,784

Uplift in Value

+23%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£14,700

Refurb Costs

£38,290

Bridging Loan Interest

£6,825

Total Cash In

£126,565

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£319,784

Mortgage (After Refinance)

£239,838

Mortgage LTV

75%

Cash Released

£44,838

Cash Left In

£81,727

Equity

£79,946

Rent Range

£1,150 - £3,200

Rent Estimate

£1,607

Running Costs/mo

£1,341

Cashflow/mo

£266

Cashflow/yr

£3,195

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £197K to £495K, average is £321K. £2.1K/m² to £5.4K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£197K01/210.01 mi29, Caerphilly Road, Cardiff CF14 4AD3
£300K11/200.04 mi42, St Helens Road, Cardiff CF14 4AR3
£305K12/220.05 mi20, Caerphilly Road, Cardiff CF14 4AF3
£270K01/230.06 mi51, Caerphilly Road, Cardiff CF14 4AD3
£318K04/210.07 mi35, St Agnes Road, Cardiff CF14 4AN3
£380K02/240.07 mi21, St Agnes Road, Cardiff CF14 4AN3
£325K04/210.07 mi4, Rhydhelig Avenue, Cardiff CF14 4DD3
£350K12/220.07 mi26, St Georges Road, Cardiff CF14 4AQ3
£325K11/210.09 mi30, Norton Avenue, Cardiff CF14 4AJ3
£360K04/230.09 mi21, Norton Avenue, Cardiff CF14 4AJ3
£265K12/200.09 mi10, Norton Avenue, Cardiff CF14 4AJ3
£269.9K11/200.11 mi190, Merthyr Road, Whitchurch, Cardiff CF14 1DL3
£420K01/230.14 mi23, Richs Road, Cardiff CF14 4AA3
£324.7K02/210.15 mi7, Llwyn Derw Road, Cardiff CF14 1HW3
£407K08/230.15 mi8, Llwyn Derw Road, Cardiff CF14 1HW3
£415.1K08/210.17 mi14, St Aidan Crescent, Cardiff CF14 4AU3
£400K10/230.17 mi24, St Aidan Crescent, Cardiff CF14 4AU3
£230K08/230.18 mi12, Birchgrove Road, Cardiff CF14 1RS3
£300K06/210.19 mi68, Birchgrove Road, Cardiff CF14 1RT3
£305K05/210.19 mi66, Birchgrove Road, Cardiff CF14 1RT3
£315K04/210.19 mi1, Celtic Road, Cardiff CF14 1EG3
£335K09/230.21 mi7, Cromwell Road, Cardiff CF14 1UQ3
£295K01/210.21 mi21, Cromwell Road, Cardiff CF14 1UQ3
£296K01/210.21 mi9, Cromwell Road, Cardiff CF14 1UQ3
£270K08/210.22 mi17, Violet Place, Cardiff CF14 1HT3
£244K12/200.22 mi11, Violet Place, Cardiff CF14 1HT3
£352K08/230.22 mi11, Violet Place, Cardiff CF14 1HT3
£340K05/210.23 mi19, St Anthony Road, Cardiff CF14 4DF3
£227K10/230.24 mi44, Pantbach Road, Cardiff CF14 1UA3
£380K01/210.25 mi11, St Augustine Road, Heath, Cardiff CF14 4BD3
£320K05/230.25 mi8, Pantbach Avenue, Cardiff CF14 1UR3
£300K12/230.25 mi1, Pantbach Avenue, Cardiff CF14 1UR3
£315K11/230.25 mi7, Pantbach Avenue, Cardiff CF14 1UR3
£430K09/230.25 mi23, Sunnybank Close, Cardiff CF14 1EQ3
£390K06/230.26 mi28, St Anthony Road, Cardiff CF14 4DH3
£315K11/230.26 mi24, Wauntreoda Road, Cardiff CF14 1HS3
£234.5K03/210.26 mi12, Wauntreoda Road, Cardiff CF14 1HS3
£300K08/230.26 mi30, Wauntreoda Road, Cardiff CF14 1HS3
£260K10/210.26 mi21, Pantbach Road, Cardiff CF14 1TU3
£390K11/230.28 mi21, St Benedict Crescent, Cardiff CF14 4DP3
£345K03/210.29 mi12, King George V Drive West, Cardiff CF14 4ED3
£450K10/210.29 mi14, Pantbach Place, Cardiff CF14 1UN3
£380K10/210.29 mi6, King George V Drive West, Cardiff CF14 4ED3
£349K06/230.29 mi92, The Philog, Cardiff CF14 1EB3
£322K01/210.3 mi18, St Benedict Crescent, Cardiff CF14 4DQ3
£495K12/230.3 mi34, St Benedict Crescent, Cardiff CF14 4DQ3
£315K06/210.3 mi9, Tair Erw Road, Cardiff CF14 4QZ3
£320K12/200.3 mi38, Tair Erw Road, Cardiff CF14 4QZ3
£355K06/210.3 mi6, Tair Erw Road, Cardiff CF14 4QZ3
£405K06/210.32 mi41, St Anthony Road, Cardiff CF14 4DG3

Local Rents

22 rents from £1.1K/mo to £3.2K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,95001/250.09 mi-3
£1,46012/240.12 mi-3
£1,40002/250.12 mi-3
£1,40012/240.24 miPantbach Road, Birchgrove, Cardiff(City), CF143
£1,57512/240.32 miWhitchurch Road, Cardiff, CF143
£1,65003/240.32 mi-3
£1,57512/240.32 mi-3
£1,65003/250.32 mi-3
£1,15012/240.33 mi-3
£1,72503/250.33 mi-3
£1,72503/250.37 mi-3
£1,59012/240.37 miWhitchurch Road, Heath, Cardiff, CF14 3NF3
£1,57512/240.37 miWhitchurch Road, Heath, Cardiff, CF14 3NF3
£1,40012/240.39 miCourt Close, CARDIFF3
£1,30012/240.43 miCaerphilly Road, Cardiff, CF143
£1,30012/240.43 miCaerphilly Road, Heath, Cardiff3
£1,50012/240.47 mi-3
£1,80003/250.47 mi-3
£1,50011/230.48 mi-3
£1,48501/250.49 mi-3
£3,20012/240.56 mi-3
£1,56502/250.58 mi-3

Local Area Statistics

Population in CF14

77,733

Population in Cardiff

357,494

Town centre distance

0.57 miles away

Nearest school

0.20 miles away

Nearest train station

0.88 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Price changed to £260,000

March 20, 2025

Listed for £280,000

November 15, 2024

Floor Plans

Description

  • Spacious 3 bed semi +
  • In need of modernisation but offering huge potential +
  • Off road parking +
  • Sought after location +
  • EPC RATING F +

DESCRIPTION MGY offer for sale this spacious 3 bedroom semi detached property, in the sought after area of Birchgrove. The accommodation comprises porch, entrance hall, lounge, dining room, kitchen, 3 bedrooms and a shower room. Block paved driveway to front, garage and garden to rear. No ongoing chain. 

LOCATION The property is located in the sought after area of Birchgrove. The University of Wales and Heath Park are nearby. Walking distances to a number of parks and Birchgrove train station which is a few minutes journey into central Cardiff. Regular bus service also to the city centre. Well regarded schools at all levels in the area. 

PORCH Sliding double glazed uPVC door to entrance hall. 

ENTRANCE HALL Entered via double glazed uPVC door. Obscured glazed windows to either side. Laminate flooring. Stairs to first floor. Door to understairs storage cupboard.
 

LOUNGE 15' 6" into bay x 12' 6" into alcove (4.73m x 3.82m) Double glazed bay window to front. Picture rail.
 

DINING ROOM 13' 11" x 10' 9" (4.26m x 3.29m) Double glazed sliding door to rear garden. Picture rail.
 

KITCHEN 23' 4" x 8' 1" (7.12m x 2.48m) Double glazed window to side. Obscured double glazed door to rear garden. Base and wall units with work surfaces and tiled splash backs incorporating stainless steel sink unit with mixer tap. Space for fridge/ freezer. Gas cooker point. Built in oven. Plumbing and space for washing machine and tumble dryer.
 

FIRST FLOOR  

STAIRS & LANDING Dado rail. Access to loft space.  

BEDROOM ONE 15' 7" x 12' 2" (4.75m x 3.71m) Double glazed bag window to front.
 

BEDROOM TWO 14' 0" x 12' 2" (4.27m x 3.72m) Double glazed window to rear. Cupboard housing hot water tank. Picture rail.
 

BEDROOM THREE 9' 9" x 6' 4" (2.98m x 1.94m) Double glazed window to front. Picture rail.
 

SHOWER ROOM 7' 11" x 5' 2" (2.43m x 1.60m) Obscured double glazed window to rear. Shower cubicle wirh Bristan electric shower, w.c, pedestal wash hand basin with hot and cold taps.
 

OUTSIDE Block paved driveway to front, block paving continues to side leading to garage. Gate to side leading to rear.

Rear garden mostly laid to lawn.

Agent Details

MGY, Heath

029 2271 1375

Next Steps?

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