2 Bed Flat, Single Let, Cardiff, CF10 5NT, £160,000

Overstone Court, Cardiff Bay, CF10 5NT - 2 views - 5 months ago

Leasehold
BTL
ROI: 7%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£104.5K - £262K
Sold Prices/m²£1.9K/m² - £4.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£164,146
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Total Cash In

£46,000

 

 

Cash Out

 

Rent Range

£450 - £2,500

Rent Estimate

£995

Running Costs/mo

£719

Cashflow/mo

£276

Cashflow/yr

£3,312

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £104.5K to £262K, average is £165K. £1.9K/m² to £4.6K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£147.5K04/210.11 mi19, Reresby Court, Cardiff CF10 5NR2
£156.6K09/230.11 mi13, Reresby Court, Cardiff CF10 5NR2
£152K02/210.11 mi49, Reresby Court, Cardiff CF10 5NR2
£165K08/230.11 mi32, Reresby Court, Cardiff CF10 5NR2
£146K06/210.11 mi64, Reresby Court, Cardiff CF10 5NR2
£132.8K04/210.11 mi32, Reresby Court, Cardiff CF10 5NR2
£152.5K10/210.11 mi10, Reresby Court, Cardiff CF10 5NR2
£152.5K02/210.11 mi61, Reresby Court, Cardiff CF10 5NR2
£162K12/220.11 mi56, Reresby Court, Cardiff CF10 5NR2
£135K07/210.16 mi202, Taff Embankment, Cardiff CF11 7BP2
£234.9K10/210.21 mi104, Judkin Court, Cardiff CF10 5AX2
£147K05/210.22 mi45, Carlotta Way, Cardiff CF10 5FY2
£152K03/210.22 mi18, Carlotta Way, Cardiff CF10 5FY2
£150K05/210.22 mi15, Carlotta Way, Cardiff CF10 5FY2
£233K04/230.22 mi102, Judkin Court, Cardiff CF10 5AX2
£230K01/230.22 mi156, Judkin Court, Cardiff CF10 5AX2
£190K01/230.22 mi61, Judkin Court, Cardiff CF10 5AU2
£165K03/230.32 miFlat 55, Rimini House, Ffordd Garthorne, Cardiff CF10 4DH2
£150K04/210.32 miFlat 52, Rimini House, Ffordd Garthorne, Cardiff CF10 4DH2
£137K01/210.32 miFlat 1, Livorno House, Ffordd Garthorne, Cardiff CF10 4DE2
£147K02/210.32 miFlat 12, Livorno House, Ffordd Garthorne, Cardiff CF10 4DE2
£139K10/200.32 miFlat 11, Livorno House, Ffordd Garthorne, Cardiff CF10 4DE2
£167.5K04/230.33 mi46, Harrowby Street, Cardiff CF10 5GA2
£123K08/210.33 mi36, Harrowby Street, Cardiff CF10 5GA2
£140K03/210.33 mi90, Harrowby Street, Cardiff CF10 5GA2
£140K12/200.33 mi40 The Granary, Magretian Place, Cardiff CF10 4BR2
£145K07/210.33 miFlat 9, Amalfi House, Ffordd Garthorne, Cardiff CF10 4DA2
£188K02/230.34 mi13 The Granary, Magretian Place, Cardiff CF10 4BR2
£175.5K07/230.34 mi37 The Granary, Magretian Place, Cardiff CF10 4BR2
£178K06/230.36 miFlat 3, Forio House, Ffordd Garthorne, Cardiff CF10 4DD2
£180K10/200.36 miFlat 29, Forio House, Ffordd Garthorne, Cardiff CF10 4DD2
£165K12/200.39 mi57, Corvette Court, Cardiff CF10 4NN2
£190K05/230.39 mi50, Corvette Court, Cardiff CF10 4NN2
£170K05/210.41 mi106, Jim Driscoll Way, Cardiff CF11 7JR2
£210K03/230.41 mi131, Jim Driscoll Way, Cardiff CF11 7JR2
£120K04/210.45 mi3, Dudley Court, Cardiff CF10 5BQ2
£185K09/230.45 mi23, Corvette Court, Cardiff CF10 4NL2
£177.5K09/210.46 mi113, Henke Court, Cardiff CF10 4EJ2
£188.5K03/210.46 mi117, Henke Court, Cardiff CF10 4EJ2
£186K09/230.46 mi146, Henke Court, Cardiff CF10 4EL2
£110K02/210.47 miFlat 13, Kirkby Court, Craiglee Drive, Cardiff CF10 4BS2
£104.5K12/200.47 mi21, Eleanor Place, Cardiff CF10 5BJ2
£160K07/210.47 miApartment 16, Amity Court, Longueil Close, Cardiff CF10 4EA2
£186K07/210.47 miApartment 9, Amity Court, Longueil Close, Cardiff CF10 4EA2
£185K03/210.49 mi106, Henke Court, Cardiff CF10 4EG2
£245K08/210.51 mi9, Henke Court, Cardiff CF10 4EB2
£245K08/210.51 mi9, Henke Court, Cardiff CF10 4EB2
£262K11/220.51 mi24, Henke Court, Cardiff CF10 4EB2
£235K03/210.51 mi74, Henke Court, Cardiff CF10 4EB2
£260K04/230.51 mi76, Henke Court, Cardiff CF10 4EB2

Local Rents

50 rents from £450/mo to £2.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,00005/240 miOverstone Court, Dumballs Road, Cardiff Bay2
£1,00005/240 miOverstone Court, Dumballs Road, Cardiff Bay2
£1,09503/250 mi-2
£1,00003/240.01 mi80 Overstone Court, Cardiff(City), CF102
£1,10005/240.01 miOverstone Court, Cardiff Bay,2
£1,10005/240.01 miOverstone Court, Cardiff Bay,2
£1,30004/240.03 miPrague House, Century Wharf, Cardiff2
£1,10012/240.03 miCentury Wharf, Cardiff Bay2
£1,21503/240.05 miMarseille House, Century Wharf, Cardiff2
£1,20005/240.05 miHansen Court, Cardiff Bay 2
£1,15005/240.05 miHansen Court, Cardiff Bay 2
£1,50004/240.05 miEzel Court, Heol Glan Rheidol, Cardiff(City), CF102
£1,00005/240.06 miOverstone Court, Butetown, Cardiff2
£1,85003/240.09 miPenstone Court, Century Wharf2
£1,00003/240.09 miOverstone Court2
£1,05003/240.09 miOverstone Court, Cardiff Bay2
£99504/240.09 miOverstone Court, Cardiff Bay2
£99505/240.09 miOverstone Court, Cardiff Bay2
£1,40004/240.1 miLisbon House, Century Wharf2
£1,89502/250.1 mi-2
£2,50004/240.11 mi-2
£1,40004/240.11 miLisbon House, Century Wharf, Cardiff Bay2
£1,25003/240.11 miRio House, Century Wharf, Taliesin Court2
£1,75004/240.11 miPenstone Court, Chandlery Way, Cardiff2
£1,10003/240.11 miReresby Court, Heol Glan Rheidol, Cardiff(City), CF102
£1,10003/240.11 miReresby Court, Cardiff Bay2
£1,15003/240.11 miReresby Court, Cardiff2
£1,30003/240.12 miChandlery Way, Cardiff2
£1,20005/240.13 miVienna House, Penstone Court, Century Wharf2
£1,60003/240.14 miPenstone Court, Century Wharf, Cardiff2
£1,27503/240.15 miFlorence House, Judkin Court, Century Wharf2
£1,10003/240.15 miVienna House, Penstone Court, Century Wharf2
£1,20005/240.15 miVienna House, Century Wharf, Cardiff2
£1,15003/240.16 miCentury Wharf Lynton Court, Cardiff Bay, Cardiff, CF102
£1,40004/240.16 miChandlery Way, Cardiff Bay2
£1,25003/240.17 miLynton Court, Capri House, Century Wharf2
£1,40003/240.17 miParis House, Lynton Court Century Wharf2
£1,75005/240.17 miCapri House, Century Wharf, Cardiff Bay2
£1,39503/240.18 miLisbon House, Century Wharf2
£45003/240.19 miCorporation Road, Cardiff, 2
£1,05004/240.19 miCorporation Road, Grangetown, Cardiff2
£1,75005/240.2 miLynton Court, Century Wharf2
£82503/240.21 miCorporation Road, Cardiff, CF11 7AY2
£1,25003/240.21 miJudkin Court, Oslo House, Century Wgharf2
£1,27504/250.21 mi-2
£1,35005/240.22 miCorporation Road, Cardiff(City), CF112
£1,25005/240.22 miCorporation Road, Cardiff(City), CF112
£2,30004/240.22 mi-2
£2,30004/240.22 mi-2
£1,35012/240.22 mi-2

Local Area Statistics

Population in CF10

15,450

Population in Cardiff

357,494

Town centre distance

2.46 miles away

Nearest school

0.40 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+39%

Sales demand

Buyer's market

Capital growth (5yrs)

+10%

Property History

Listed for £160,000

November 25, 2024

Floor Plans

Description

  • NO CHAIN +
  • Ground Floor Apartment +
  • Two Double Bedrooms +
  • Two Bathrooms +
  • Open Plan Kitchen / Diner +
  • Gated Access +
  • Popular Bay Location +
  • EPC - C +
  • Council tax Band - E +

Offered for sale with no onward chain!

A ground floor, two bedroom, two bathroom apartment located within close proximity of the City Centre, Train Station and the many Bars & Restaurants on offer in Cardiff Bay!

This modern riverside development popular with First Time Buyer's & Investors alike.

This trendy abode comes with a single allocated parking space and sold with no onward chain. The light & airy accommodation comprises the entrance hall with ample built in store cupboards, spacious living room with open plan fitted kitchen, bathroom and two bedrooms, both with built-in wardrobes and en-suite shower room to bedroom one.

Call Hern & Crabtree, Pontcanna for more information.

Communal Entrance - Entered via communal entrance door.

Entrance Hall - Fitted mat, security entry phone, storage cupboard with concealed hot water cylinder, doors to...

Open Plan Lounge/Kitchen - 6.32m max x 4.67m max (20'8" max x 15'3" max) - Double glazed windows, recently fitted carpet, electric radiator, media points, kitchen is fitted with a range of wall and base units with work tops over, four ring electric hob with cooker hood above and oven beneath, stainless steel sink and drainer with mixer tap, slimline dishwasher, integrated fridge and freezer, integrated washing machine, vinyl flooring.

Bedroom One - Double glazed window, electric radiator, built in wardrobe.

En Suite - 1.65m max x 1.91m max (5'5" max x 6'3" max) - Fitted with plumbed shower, w.c and wash hand basin, shaver point, extractor fan, heated towel rail, vinyl flooring.

Bedroom Two - 2.84m max x 3.66m max (9'3" max x 12'0" max ) - Double glazed windows, built in wardrobes,

Bathroom - 2.24m max x 1.93m max (7'4" max x 6'3" max) - Fitted with bath with mixer tap and shower attachment, w.c and wash hand basin, shaver point, heated towel rail, extractor fan, vinyl flooring.

Outside - Residents car park with one allocated parking space for the apartment.

Tenure - We have been advised that the property is Leasehold - 129 years (150 years from Oct. 2004). The annual service charge is £1058.00 and the ground rent is £310 per annum.

Additional Information - Council Tax Band E (Cardiff). EPC rating C.

Disclaimer - The property title and lease details (including duration and costs) have been supplied by the seller and are not independently verified by Hern and Crabtree. We recommend your legal representative review all information before exchanging contracts. Property descriptions, measurements, and floor plans are for guidance only, and photos may be edited for marketing purposes. We have not tested any services, systems, or appliances and are not RICS surveyors. Opinions on property conditions are based on experience and not verifiable assessments. We recommend using your own surveyor, contractor, and conveyancer. If a prior building survey exists, we do not have access to it and cannot share it. Under Code of Practice 4b, any marketing figure (asking or selling price) is a market appraisal, not a valuation, based on seller details and market conditions, and has not been independently verified. Prices set by vendors may differ from surveyor valuations. Hern and Crabtree will not be liable for discrepancies, costs, or losses arising from sales withdrawals, mortgage valuations, or any related decisions. By pursuing the purchase, you confirm that you have read and understood the above information.

Agent Details

Hern & Crabtree, Pontcanna

029 2271 6621

Next Steps?

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