2 Bed Flat, Single Let, Cardiff, CF11 7FF, £147,500

Morel Court, Windsor Quay, CF11 7FF - 1 views - 4 months ago

Sold STC
Leasehold
BTL
ROI: 8%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£104.5K - £317.5K
Sold Prices/m²£1.9K/m² - £3.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£174,346
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,875

Stamp Duty & Legal Fees

£5,625

Total Cash In

£42,500

 

 

Cash Out

 

Rent Range

£800 - £2,500

Rent Estimate

£950

Running Costs/mo

£671

Cashflow/mo

£279

Cashflow/yr

£3,349

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £104.5K to £317.5K, average is £135K. £1.9K/m² to £3.6K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£119K11/200.01 mi20, Seager Drive, Cardiff CF11 7QA2
£130K10/210.01 mi12, Seager Drive, Cardiff CF11 7QA2
£135K03/230.01 mi20, Seager Drive, Cardiff CF11 7QA2
£119K10/200.02 mi21, Morel Court, Cardiff CF11 7FF2
£121K06/210.02 mi3, Morel Court, Cardiff CF11 7FF2
£134.9K02/230.03 mi52, Harrison Way, Cardiff CF11 7PE2
£152K12/220.03 mi51, Harrison Way, Cardiff CF11 7PE2
£123K07/210.03 mi54, Harrison Way, Cardiff CF11 7PE2
£132K03/230.06 mi82, Harrison Way, Cardiff CF11 7GX2
£127.5K06/210.06 mi87, Seager Drive, Cardiff CF11 7FD2
£149K11/220.06 mi87, Seager Drive, Cardiff CF11 7FD2
£124K01/210.07 mi10, Claymore Place, Cardiff CF11 7JJ2
£152K11/220.07 mi11, Claymore Place, Cardiff CF11 7JJ2
£124K11/200.07 mi5, Campbell Drive, Cardiff CF11 7QE2
£128K04/210.07 mi13, Campbell Drive, Cardiff CF11 7QE2
£135K03/210.08 mi7, Shearman Place, Cardiff CF11 7FA2
£155K12/220.09 mi35, O'leary Drive, Cardiff CF11 7EB2
£142K11/200.09 mi13, Oleary Drive, Cardiff CF11 7EB2
£130K10/200.09 mi23, Oleary Drive, Cardiff CF11 7EB2
£135K12/210.09 mi40, Oleary Drive, Cardiff CF11 7EB2
£150K02/230.09 mi22, O'leary Drive, Cardiff CF11 7EB2
£151K06/230.1 mi6, O'leary Drive, Cardiff CF11 7EB2
£140K05/210.1 mi19, Oleary Drive, Cardiff CF11 7EB2
£163K04/230.1 mi13, O'leary Drive, Cardiff CF11 7EB2
£150K06/230.1 mi9, O'leary Drive, Cardiff CF11 7EB2
£120K08/210.1 mi53, Cory Place, Cardiff CF11 7QB2
£129K03/210.1 mi9, Cory Place, Cardiff CF11 7QB2
£130K12/200.1 mi61, Cory Place, Cardiff CF11 7QB2
£161K12/220.13 mi40, Campbell Drive, Cardiff CF11 7TQ2
£131K10/200.13 mi58, Campbell Drive, Cardiff CF11 7TQ2
£125K06/210.13 mi50, Campbell Drive, Peasedown St John, Cardiff CF11 7TQ2
£142K02/210.13 mi136, Campbell Drive, Cardiff CF11 7TQ2
£130K11/200.14 mi100, Seager Drive, Cardiff CF11 7FE2
£130K11/200.14 mi137, Seager Drive, Cardiff CF11 7FE2
£110K11/200.14 mi132, Seager Drive, Cardiff CF11 7FE2
£133.5K10/200.14 mi151, Seager Drive, Cardiff CF11 7FE2
£156K12/220.19 mi184, Ffordd James Mcghan, Cardiff CF11 7JU2
£172.5K07/230.32 mi91, Jim Driscoll Way, Cardiff CF11 7JN2
£170K12/220.36 mi56, Jim Driscoll Way, Cardiff CF11 7JL2
£170K02/230.39 mi18, Jim Driscoll Way, Cardiff CF11 7JA2
£160K06/210.42 mi65, Grangemoor Court, Cardiff CF11 0AA2
£145K12/200.45 mi31, Grangemoor Court, Cardiff CF11 0AL2
£140K06/210.48 mi216b, Clive Street, Cardiff CF11 7JG2
£170K05/210.5 mi106, Jim Driscoll Way, Cardiff CF11 7JR2
£210K03/230.5 mi131, Jim Driscoll Way, Cardiff CF11 7JR2
£317.5K12/200.53 mi48, Windsor Esplanade, Cardiff CF10 5BG2
£104.5K12/200.62 mi21, Eleanor Place, Cardiff CF10 5BJ2
£210K01/230.63 miApartment 10, The Anchorage, River Walk, Penarth, The Vale Of Glamorgan CF64 1SX2
£110K09/230.63 miFlat 20, Cogan Court, Cogan Pill Road, Llandough, Penarth, The Vale Of Glamorgan CF64 2NQ2
£110K04/210.63 miFlat 20, Cogan Court, Cogan Pill Road, Llandough, Penarth, The Vale Of Glamorgan CF64 2NQ2

Local Rents

50 rents from £800/mo to £2.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£97503/240.02 miSeager Drive, Windsor Quay, Cardiff Bay2
£1,10005/240.03 miHarrison Way, Cardiff Bay2
£1,20003/240.05 miHarrison Way, Cardiff Bay2
£95012/240.05 miHarrison Way, Windsor Quay, Cardiff Bay2
£1,00003/240.06 miSeager Drive, Windsor Quay, Cardiff Bay2
£80004/240.07 miCampbell Drive, Windsor Quay, Cardiff Bay2
£1,05005/240.07 miCampbell Drive, Cardiff Bay, Cardiff2
£95003/240.07 miFfordd James Mcghan, Cardiff, CF112
£1,00003/240.09 miFfordd James McGhan, Cardiff Bay2
£1,10004/240.09 miFfordd James McGhan, Cardiff2
£1,05003/240.1 miKestell Drive, Cardiff Bay2
£1,05004/240.1 miKestell Drive, Cardiff Bay2
£95004/240.1 mi-2
£1,27005/240.11 mi-2
£1,27004/240.11 miWindsor Quay, Cardiff, CF112
£1,20003/240.12 miFfordd James McGhan, Ferry Road, Cardiff Bay2
£95003/240.13 miCampbell Drive, CARDIFF2
£99510/230.14 mi-2
£99504/240.15 miFfordd James McGhan, Cardiff, 2
£1,10003/240.16 mi67 Beatrix House, Victoria Wharf, Dunleavy Drive2
£1,10003/240.17 miJones Point House, Prospect Place, 4th Floor2
£1,17503/240.18 miFerry Court, CARDIFF2
£1,10003/240.18 miJones Point House , Ferry Court, Cardiff2
£1,10003/240.18 miAlderney House, Prospect Place, 1st Floor2
£1,10003/240.18 miAlderney House, Prospect Place, 1st Floor2
£1,05003/240.18 miGreat Ormes House, Ferry Court, Cardiff2
£1,40011/230.18 mi-2
£1,30012/240.18 mi-2
£1,10004/240.18 mi-2
£1,10003/240.18 miFerry Court, Cardiff, CF112
£1,20011/230.19 miFerry Court,Cardiff,CF112
£1,30004/240.2 miLady Isle House, Ferry Court, Prospect Place2
£1,30005/240.2 miLady Isle House, Prospect Place2
£2,50003/240.2 miLady Isle House, Prospect Place, Cardiff Bay2
£1,20003/240.2 miLady Isle House, Prospect Place, Cardiff Bay2
£1,12510/230.2 mi-2
£1,12502/250.2 mi-2
£1,00004/240.21 miFfordd James McGhan, CARDIFF2
£1,30004/240.21 miFerry Court, Cardiff, CF112
£1,10003/240.22 miFfordd James Mcghan, Cardiff Bay2
£99503/240.22 mi-2
£99503/240.22 miFerry Court, Cardiff, CF112
£99503/240.22 miFerry Court, Cardiff, CF112
£1,15003/240.22 miAlderney House, Ferry Court, Cardiff2
£1,27503/240.22 miAlderney House, Prospect Place, Cardiff2
£1,00004/240.23 miFerry Court, Cardiff(City), CF112
£1,20003/240.23 miFerry Court, CARDIFF2
£1,26011/230.23 miAlderney House, Ferry Court, Cardiff, CF11 0JT2
£1,05003/240.23 miProspect Place, Cardiff Bay2
£1,10004/240.23 miBreakwater House, Prospect Place, 3rd Floor (Ref.1358)2

Local Area Statistics

Population in CF11

36,147

Population in Cardiff

357,494

Town centre distance

3.18 miles away

Nearest school

0.50 miles away

Nearest train station

0.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Listed for £147,500

November 28, 2024

Floor Plans

Description

  • TOP FLOOR APARTMENT +
  • OFFERED WITH NO ONWARD CHAIN +
  • TWO DOUBLE BEDROOMS +
  • SEPARATE KITCHEN +
  • GENEROUS RECEPTION ROOM +
  • ALLOCATED PARKING +
  • IDEAL FIRST TIME PURCHASE OR INVESTMENT +
  • GREAT LOCATION +
  • MARTIN & CO +
  • COUNCIL TAX BAND D +

TOP FLOOR APARTMENT OFFERED WITH NO CHAIN Martin & Co are very delighted to offer to offer this spacious two double bedroom apartment. Situated in a quiet cul-de-sac, located with great transport links and access to local amenities. This top floor property boasts a generous reception room, separate fitted kitchen, two double bedrooms and a bathroom. Further benefiting from an allocated parking space. This would make the ideal first time purchase or investment. 

HALLWAY 14' 10" x 3' 8" (4.54m x 1.12m) MAX  

RECEPTION ROOM 11' 11" x 15' 5" (3.64m x 4.72m) MAX  

KITCHEN 7' 1" x 9' 9" (2.18m x 2.98m) MAX  

MASTER BEDROOM 9' 8" x 11' 9" (2.96m x 3.6m) MAX  

BEDROOM TWO 9' 7" x 7' 2" (2.94m x 2.2m) MAX  

BATHROOM 5' 6" x 7' 0" (1.7m x 2.15m) MAX  

We have been advised of the following by the Vendor:-

Remaining lease years: 100 years
Service charge: Approx. £2006 per annum
Ground rent: £110 per annum
Council Tax band: D

Agent Details

Martin & Co, Cardiff

029 2048 2250

Next Steps?

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