2 Bed Flat, Single Let, Cardiff, CF14 3AL, £85,000

Parkfield House, North Road, Cardiff, CF14 3AL - 1 views - 5 months ago

Leasehold
Auction
BTL
ROI: 21%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£82K - £329K
Sold Prices/m²£1.4K/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£106,250
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£5,450

Total Cash In

£26,700

 

 

Cash Out

 

Rent Range

£925 - £2,500

Rent Estimate

£928

Running Costs/mo

£471

Cashflow/mo

£457

Cashflow/yr

£5,481

ROI

21%

Gross Yield

13%

Local Sold Prices

24 sold prices from £82K to £329K, average is £203.5K. £1.4K/m² to £4K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£210K01/210.05 mi151, North Road, Cardiff CF14 3AF2
£97K10/230.61 miFirst Floor Flat, 366, North Road, Cardiff CF14 3BP2
£239.9K01/210.69 miFlat A, 1, Gileston Road, Cardiff CF11 9JS2
£153K12/200.7 mi9a, Cathays Terrace, Cardiff CF24 4HS2
£122K01/210.71 mi49, Catherine Street, Cardiff CF24 4EF2
£260K08/210.72 mi192a, Cathedral Road, Cardiff CF11 9JE2
£150K01/210.74 mi30, Cathays Terrace, Cardiff CF24 4HX2
£329K03/210.81 mi95a, Severn Grove, Cardiff CF11 9EQ2
£175K04/210.86 miFlat 2, Forest Court, Severn Grove, Cardiff CF11 9EP2
£280K03/230.9 mi41, Llanfair Road, Cardiff CF11 9QA2
£197K02/230.91 mi263a, Allensbank Road, Cardiff CF14 3RA2
£217K04/210.92 miFlat 5, Fairoak Court, Lady Mary Road, Cardiff CF23 5PD2
£220K06/230.92 miFlat 19, Fairoak Court, Lady Mary Road, Cardiff CF23 5PD2
£252K02/210.92 mi81a, Ninian Road, Cardiff CF23 5EN2
£285K07/230.92 miFlat 3, Pontcanna Court, Cardiff Road, Llandaff, Cardiff CF5 2AS2
£190K03/210.93 mi20a, Llanfair Road, Cardiff CF11 9QB2
£155K09/230.93 mi53, Heath Mead, Cardiff CF14 3PJ2
£157K11/220.94 mi85a, Aberporth Road, Cardiff CF14 2PP2
£255K02/210.95 miApartment 4, The Glas, Conway Road, Cardiff CF11 9PF2
£82K12/220.97 miFlat 63, Rhosilli House, The Crescent, Llandaff, Cardiff CF5 2DL2
£180K11/200.97 miFlat 73, Reynoldston House, The Crescent, Llandaff, Cardiff CF5 2DL2
£195K07/230.97 miFlat 13, Stembridge House, The Crescent, Llandaff, Cardiff CF5 2DL2
£220K11/210.99 mi15, Penhill Close, Cardiff CF5 1EA2
£210K11/231 miFlat 4, Dulwich House, Pencisely Road, Cardiff CF5 1DG2

Local Rents

37 rents from £925/mo to £2.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,30004/250.06 mi-2
£1,20004/250.1 mi-2
£1,10012/240.25 miNewfoundland Road, Heath2
£1,15012/240.27 mi-2
£97512/240.28 miWhitchurch Road, Heath, Cardiff, CF142
£2,50003/250.32 mi-2
£1,40012/240.35 miWhitchurch Road, Cardiff2
£1,25012/240.38 miNorth Road, Cardiff2
£1,25012/240.38 miNorth Road, Cardiff2
£97512/240.38 miGround Floor Flat Llanishen Street, Cathays, Cardiff, CF142
£1,50004/250.4 mi-2
£1,32512/240.4 miRhigos Gardens Cardiff2
£1,32512/240.4 miRhigos Gardens Cardiff2
£1,40012/240.4 miRhigos Gardens Cardiff2
£1,25012/240.42 mi-2
£1,20012/240.42 mi-2
£1,25003/250.42 mi-2
£1,20012/240.42 miWhitchurch Road, Cardiff, CF142
£1,40004/250.42 mi-2
£1,10003/240.42 miLock Keepers Court, CF102
£1,05003/240.42 miLock Keepers Court, CF10 3EZ2
£1,45012/240.43 mi-2
£1,05012/240.46 miAllensbank Road, Heath, Cardiff2
£1,00012/240.53 miCathays Terrace, Cathays, Cardiff2
£92503/240.54 miColum Road, Cathays2
£92503/240.54 miColum Road, Cathays2
£1,20012/240.58 miNorth Road, Cardiff, CF142
£1,20012/240.58 mi-2
£1,20012/240.58 mi-2
£1,20004/250.58 mi-2
£99502/240.6 mi-2
£1,20003/240.61 miColum Road, Cathays2
£2,50003/250.61 mi-2
£1,20012/240.61 miNorth Road, Cardiff(City), CF142
£1,20010/230.61 mi-2
£1,10012/240.61 mi-2
£93003/240.62 miColum Road, Cathays, Cardiff2

Local Area Statistics

Population in CF14

77,733

Population in Cardiff

357,494

Town centre distance

0.23 miles away

Nearest school

0.10 miles away

Nearest train station

0.89 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Price changed to £85,000

February 16, 2025

Listed for £90,000

November 25, 2024

Floor Plans

Description

  • Two Bedrooms +
  • Excellent Location +
  • Spacious +
  • Long Lease +
  • Viewings to start from 10th December +
  • No Chain +
  • Current Rent £1,100 pcm +

To Book a viewing, please select 'Request Details' or 'Email Agent' and we will arrange a viewing slot for you as soon as possible.

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Tathams proudly presents this charming first-floor apartment, available with no onward chain. Conveniently located on North Road, it offers excellent access to the City Centre and University, making it an ideal home or investment opportunity. The property is suitable for short and long-term accommodation and boasts a spacious reception room with a kitchen area, complete with select built-in white goods. The apartment features two generously sized double bedrooms, a modern bathroom, and a handy storage cupboard. Additional highlights include secure gated parking at the rear.

HALLWAY 3' 4" x 16' 0" (1.02m x 4.88m) MAX

KITCHEN/RECEPTION ROOM 19' 1" x 12' 0" (5.83m x 3.67m) MAX

MASTER BEDROOM 15' 3" x 8' 9" (4.66m x 2.67m) MAX

BEDROOM TWO 15' 3" x 8' 10" (4.66m x 2.71m) MAX

BATHROOM 5' 6" x 6' 9" (1.7m x 2.07m) MAX

Remaining lease years: 999 from January 2007
Service charge: Approx. £3,300 per annum (includes building insurance)
Ground rent: Peppercorn
Council Tax band: D

Please note, the property is being sold by method of modern auction

For additional information, please see detailed floorplan, virtual tour (tap the ruler button to measure any section of the room) and video tour.

Every effort has been made to ensure all details on this page are correct. All information given (including but not limited to photographs, floorplans, measurements and costs) should only be treated as a general guide and description of the property. No survey of the property or of its contents has been conducted and further details should be checked with your legal representative. If you believe any information on this page is incorrect then please contact us. All information and photographs are copyright Tathams.
Tenure: WE HAVE BEEN INFORMED THAT THE PROPERTY IS LEASEHOLD BUT PLEASE VERIFY THIS VIA YOUR LEGAL REPRESENTATIVE.

Agent Details

Tathams, Cardiff

029 2271 4164

Next Steps?

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