2 Bed Flat, Single Let, Cardiff, CF14 7AU, £169,995

Park Lane, Whitchurch, Cardiff, CF14 7AU - 2 views - 4 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£100K - £435K
Sold Prices/m²£1.8K/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£191,949
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,499

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,799

 

 

Cash Out

 

Rent Range

£950 - £3,200

Rent Estimate

£894

Running Costs/mo

£730

Cashflow/mo

£164

Cashflow/yr

£1,968

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £100K to £435K, average is £157.8K. £1.8K/m² to £3.5K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£158K02/230 miFlat 2, Underhill Mansions, Park Lane, Whitchurch, Cardiff CF14 7AU2
£165K11/220.08 miFlat 7, Sutherland Mansions, Park Lane, Whitchurch, Cardiff CF14 7BA2
£190K04/210.28 miFlat 50, Glendower Court, Velindre Road, Cardiff CF14 2TJ2
£194K10/210.29 mi141, Pen Y Dre, Rhiwbina, Cardiff CF14 6EN2
£162.5K06/230.29 miFlat 4, Manor Court, Ash Grove, Whitchurch, Cardiff CF14 1BJ2
£140K06/210.31 miFlat 34, Glendower Court, Velindre Road, Cardiff CF14 2TJ2
£154K09/210.31 miFlat 76, Glendower Court, Velindre Road, Cardiff CF14 2TZ2
£138K12/230.35 miFlat 8, Carew Court, Curlew Close, Cardiff CF14 1BQ2
£138K11/230.35 miFlat 9, Carew Court, Curlew Close, Cardiff CF14 1BQ2
£100K03/230.41 miFlat 22, Beech House, Hollybush Estate, Cardiff CF14 7EB2
£160K09/230.41 miFlat 11, Anton Court, Tyn Y Pwll Road, Cardiff CF14 1AU2
£181K03/210.42 mi131, Pen Y Dre, Rhiwbina, Cardiff CF14 6EL2
£195K11/230.42 mi133, Pen Y Dre, Rhiwbina, Cardiff CF14 6EL2
£167.5K03/210.47 mi80, Pendwyallt Road, Cardiff CF14 7EH2
£153K04/230.49 mi67, Whitworth Square, Cardiff CF14 7DR2
£197K05/230.49 miFlat 9, St. Mary's Court, Tyn Y Pwll Road, Cardiff CF14 1AG2
£177K11/230.49 miFlat 8, St. Mary's Court, Tyn Y Pwll Road, Cardiff CF14 1AG2
£249.5K10/220.5 mi36, Samuels Crescent, Cardiff CF14 2TH2
£170K11/220.51 miFlat 3, Minavon, Tyn Y Parc Road, Cardiff CF14 6BE2
£117K03/210.51 miFlat 2, Minavon, Tyn Y Parc Road, Cardiff CF14 6BE2
£140K06/210.52 miFlat 12, Lisnagarvey Court, Caer Wenallt, Cardiff CF14 7HA2
£130K02/210.52 miFlat 11, Lisnagarvey Court, Caer Wenallt, Cardiff CF14 7HA2
£157.5K01/210.55 mi48, Heol Penlan, Cardiff CF14 2BZ2
£165K04/210.55 mi77, Heol Penlan, Cardiff CF14 2BZ2
£112K12/230.59 miFlat 3, Rialto Court, Old Church Road, Cardiff CF14 1AJ2
£147.5K05/210.59 miFlat 12, Melbourne Court, Tyn Y Parc Road, Cardiff CF14 6BD2
£195K11/200.63 miFlat 2, Alfreda Court, Kingsland Road, Whitchurch, Cardiff CF14 2EL2
£140K12/200.68 mi6, Warren Evans Court, Cardiff CF14 1DQ2
£135K06/210.69 mi41, Warren Evans Court, Cardiff CF14 1DR2
£180K01/210.71 mi28, Blandon Way, Cardiff CF14 1EH2
£192K02/230.71 mi33, Blandon Way, Cardiff CF14 1EH2
£190K06/230.71 mi2, Blandon Way, Cardiff CF14 1EH2
£135K01/210.77 mi2c, Heol Llanishen Fach, Cardiff CF14 6LD2
£160K12/220.78 miFlat 8, Hailey Court, Evansfield Road, Cardiff CF14 2EZ2
£155K01/210.79 miFlat 4, Hailey Court, Evansfield Road, Cardiff CF14 2EZ2
£157K05/210.83 mi15, Goetre Fawr, Radyr, Cardiff CF15 8ET2
£135K11/200.84 mi30, Tynant, Cardiff CF14 1NT2
£435K09/210.86 mi25, Yorath Road, Cardiff CF14 1QB2
£140K04/230.86 mi72b, Cefn Graig, Rhiwbina, Cardiff CF14 6JZ2
£182.5K10/230.86 mi72a, Cefn Graig, Rhiwbina, Cardiff CF14 6JZ2
£138K05/230.88 mi38, Tynant, Cardiff CF14 1NU2
£175K03/230.88 mi45, Tynant, Cardiff CF14 1NU2
£156.8K10/210.89 mi11, Goetre Fawr, Radyr, Cardiff CF15 8ET2
£155K10/200.89 mi7, Goetre Fawr, Radyr, Cardiff CF15 8ET2
£157K09/210.89 mi13, Goetre Fawr, Radyr, Cardiff CF15 8ET2
£175K07/230.89 mi7, Goetre Fawr, Radyr, Cardiff CF15 8ET2
£175K05/230.89 mi3, Goetre Fawr, Radyr, Cardiff CF15 8ET2
£150K10/210.89 mi43, Goetre Fawr, Radyr, Cardiff CF15 8ET2
£155K10/200.89 mi7, Goetre Fawr, Radyr, Cardiff CF15 8ET2
£160K03/210.89 mi19, Goetre Fawr, Radyr, Cardiff CF15 8ET2

Local Rents

10 rents from £950/mo to £3.2K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,40012/240.18 miHeol Pant Y Celyn, CARDIFF2
£1,20002/250.19 mi-2
£95012/240.26 miLlwyncelyn Flats, Pantmawr Road, Whitchurch, Cardiff. CF14 7TB2
£3,20002/250.3 mi-2
£1,25011/240.31 mi-2
£1,05001/250.36 mi-2
£1,15001/250.44 mi-2
£1,10003/250.5 mi-2
£1,20012/240.5 miSamuels Crescent, Whitchurch, Cardiff, CF142
£95012/240.52 miPantmawr Court, Pantmawr, Cardiff2

Local Area Statistics

Population in CF14

77,733

Population in Cardiff

357,494

Town centre distance

2 miles away

Nearest school

0.40 miles away

Nearest train station

0.14 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Listed for £169,995

December 10, 2024

Sold for £120,000

2016

Sold for £124,950

2006

Sold for £52,500

2001

Sold for £43,950

1998

Floor Plans

Description

  • Neutrally decorated 1st floor apartment. +
  • Convenient residential location on the outskirts of Whitchurch village. +
  • Excellent public transport links into the city centre and beyond. +
  • Offered to the market with no chain. +

Chambers Estate Agents have received formal instructions to bring to the market this neutrally decorated and well proportioned 1st floor apartment located on Park Lane, Whitchurch.  The accommodation briefly comprises communal entrance hall, entrance hall, living room/dining room, fitted kitchen, two double bedrooms and a bathroom. The property further benefits from gas central heating via combination boiler, Upvc double glazing, communal parking, attractive communal gardens and a storage shed.  Park Lane, located off Park Avenue, is a cul-de-sac of purpose built apartment bocks all of good size and conveniently located for public transport links with Coryton Train Station and a main bus route on Park Road just a short walk away. There is easy access to the A470 and M4 link roads.  Whitchurch is a much sought after residential suburb and has a vibrant village, which is home to a range of corporate and independent businesses.  This property would make an ideal first time purchase and is offered to the market with no onward chain.  Additional Information:
Tenure: Leasehold. Please verify via your Solicitor. 
Council Tax: Council Tax Band: C. Approximately £1525.00 per annum.
Land Transaction Tax: £0 based on the asking price. This will change if the property is bought as a 2nd home. 
Square Footage: 719.00 Sq Ft. Please verify via your own means. 
Lease Details:
Ground Rent: £10 per annum. 
Service Charge: £1,277.00 per annum. 
Lease Remaining: Approximately 87 years remaining.  Standard.

Agent Details

Chambers Estate Agents, Whitchurch

029 2271 1193

Next Steps?

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