2 Bed Flat, Single Let, Cardiff, CF11 0JG, £151,000

Kilcredaun House, 33 Ferry Court, Cardiff, CF11 0JG - 3 months ago

Leasehold
Auction
BTL
ROI: 10%
~68 m²
+20 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

£175,474
BMV16%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,750

Stamp Duty & Legal Fees

£8,750

Total Cash In

£46,500

 

 

Cash Out

 

Rent Range

£950 - £2,644

Rent Estimate

£1,100

Running Costs/mo

£712

Cashflow/mo

£388

Cashflow/yr

£4,656

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £104.5K to £317.5K, average is £137.5K. £1.9K/m² to £3.6K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£131K10/200.08 mi58, Campbell Drive, Cardiff CF11 7TQ2
£125K06/210.08 mi50, Campbell Drive, Peasedown St John, Cardiff CF11 7TQ2
£142K02/210.08 mi136, Campbell Drive, Cardiff CF11 7TQ2
£120K08/210.09 mi53, Cory Place, Cardiff CF11 7QB2
£129K03/210.09 mi9, Cory Place, Cardiff CF11 7QB2
£130K12/200.09 mi61, Cory Place, Cardiff CF11 7QB2
£161K12/220.12 mi40, Campbell Drive, Cardiff CF11 7TQ2
£124K11/200.12 mi5, Campbell Drive, Cardiff CF11 7QE2
£128K04/210.12 mi13, Campbell Drive, Cardiff CF11 7QE2
£124K01/210.14 mi10, Claymore Place, Cardiff CF11 7JJ2
£152K11/220.14 mi11, Claymore Place, Cardiff CF11 7JJ2
£150K02/230.14 mi22, O'leary Drive, Cardiff CF11 7EB2
£135K12/210.15 mi40, Oleary Drive, Cardiff CF11 7EB2
£151K06/230.15 mi6, O'leary Drive, Cardiff CF11 7EB2
£140K05/210.15 mi19, Oleary Drive, Cardiff CF11 7EB2
£163K04/230.15 mi13, O'leary Drive, Cardiff CF11 7EB2
£150K06/230.15 mi9, O'leary Drive, Cardiff CF11 7EB2
£142K11/200.15 mi13, Oleary Drive, Cardiff CF11 7EB2
£130K10/200.15 mi23, Oleary Drive, Cardiff CF11 7EB2
£155K12/220.16 mi35, O'leary Drive, Cardiff CF11 7EB2
£134.9K02/230.16 mi52, Harrison Way, Cardiff CF11 7PE2
£152K12/220.16 mi51, Harrison Way, Cardiff CF11 7PE2
£123K07/210.16 mi54, Harrison Way, Cardiff CF11 7PE2
£135K03/210.17 mi7, Shearman Place, Cardiff CF11 7FA2
£130K11/200.18 mi100, Seager Drive, Cardiff CF11 7FE2
£130K11/200.18 mi137, Seager Drive, Cardiff CF11 7FE2
£110K11/200.18 mi132, Seager Drive, Cardiff CF11 7FE2
£133.5K10/200.18 mi151, Seager Drive, Cardiff CF11 7FE2
£119K11/200.19 mi20, Seager Drive, Cardiff CF11 7QA2
£130K10/210.19 mi12, Seager Drive, Cardiff CF11 7QA2
£135K03/230.19 mi20, Seager Drive, Cardiff CF11 7QA2
£119K10/200.2 mi21, Morel Court, Cardiff CF11 7FF2
£121K06/210.2 mi3, Morel Court, Cardiff CF11 7FF2
£132K03/230.2 mi82, Harrison Way, Cardiff CF11 7GX2
£127.5K06/210.24 mi87, Seager Drive, Cardiff CF11 7FD2
£149K11/220.24 mi87, Seager Drive, Cardiff CF11 7FD2
£156K12/220.36 mi184, Ffordd James Mcghan, Cardiff CF11 7JU2
£172.5K07/230.39 mi91, Jim Driscoll Way, Cardiff CF11 7JN2
£170K12/220.44 mi56, Jim Driscoll Way, Cardiff CF11 7JL2
£170K02/230.47 mi18, Jim Driscoll Way, Cardiff CF11 7JA2
£317.5K12/200.48 mi48, Windsor Esplanade, Cardiff CF10 5BG2
£145K12/200.53 mi31, Grangemoor Court, Cardiff CF11 0AL2
£160K06/210.54 mi65, Grangemoor Court, Cardiff CF11 0AA2
£250K03/210.56 mi20, Anchor Road, Penarth, The Vale Of Glamorgan CF64 1SL2
£104.5K12/200.57 mi21, Eleanor Place, Cardiff CF10 5BJ2
£170K05/210.58 mi106, Jim Driscoll Way, Cardiff CF11 7JR2
£210K03/230.58 mi131, Jim Driscoll Way, Cardiff CF11 7JR2
£252.5K03/210.59 miFlat 6, Ty Gwendollen, Marconi Avenue, Penarth, The Vale Of Glamorgan CF64 1SS2
£300K12/220.6 miFlat 23, Ty Windsor, Marconi Avenue, Penarth, The Vale Of Glamorgan CF64 1ST2
£210K01/230.62 miApartment 10, The Anchorage, River Walk, Penarth, The Vale Of Glamorgan CF64 1SX2

Local Rents

50 rents from £950/mo to £2.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30004/240.02 miLady Isle House, Ferry Court, Prospect Place2
£1,30005/240.02 miLady Isle House, Prospect Place2
£2,50003/240.03 miLady Isle House, Prospect Place, Cardiff Bay2
£1,20003/240.03 miLady Isle House, Prospect Place, Cardiff Bay2
£1,12510/230.03 mi-2
£1,12502/250.03 mi-2
£1,10003/240.04 miJones Point House , Ferry Court, Cardiff2
£1,17503/240.04 miFerry Court, CARDIFF2
£1,30004/240.04 miFerry Court, Cardiff, CF112
£1,10003/240.05 miJones Point House, Prospect Place, 4th Floor2
£1,10003/240.05 miAlderney House, Prospect Place, 1st Floor2
£1,10003/240.05 miAlderney House, Prospect Place, 1st Floor2
£1,17504/240.05 miDouglas House, Ferry Court, Cardiff, CF112
£1,25005/240.05 miDouglas House, Ferry Court2
£1,30005/240.05 miDaavar House, Ferry Court, Prospect Place, Cardiff Bay, CF112
£1,20003/240.06 miEddystone House, Prospect Place, Cardiff2
£1,30003/240.06 miEddystone House, Prospect Place2
£1,20004/240.06 miProspect Place, Cardiff, CF112
£1,20005/240.06 mi-2
£1,10003/240.07 miDavaar House, Prospect Place, Cardiff2
£1,30004/240.07 miDavaar House, Prospect Place2
£1,35004/240.07 miDavaar House, Prospect Place2
£1,30003/240.07 miDavaar House, Ferry Court, Cardiff Bay2
£1,25004/240.07 miDovercourt House, Prospect Place, Cardiff2
£1,27505/240.07 mi-2
£1,27510/240.07 mi-2
£1,20005/240.08 mi-2
£1,20005/240.08 miFerry Court, Cardiff, CF112
£1,30003/240.08 miDovercourt House, Prospect Place2
£1,10003/240.08 miDovercourt House, Prospect Place2
£1,30004/240.08 miDovercourt House, Prospect Place2
£1,40004/240.08 miDovercourt House, Ferry Court, Cardiff (City), CF112
£1,20003/240.08 miCaldey Island House, Ferry Court2
£1,40004/240.08 miCaldey Island House, Prospect Place, Cardiff2
£1,30005/240.08 miFerry Court, Cardiff. CF11 0JN2
£1,49504/240.08 miCaldey Island House, Ferry Court, Cardiff2
£1,25010/230.08 mi-2
£1,30012/230.08 mi-2
£1,20003/240.08 miDuncansby House, Prospect Place2
£95003/240.08 miCampbell Drive, CARDIFF2
£95004/240.09 mi-2
£1,27005/240.1 mi-2
£1,27004/240.1 miWindsor Quay, Cardiff, CF112
£2,64409/230.1 mi-2
£1,30004/240.1 miBreakwater House, Cardiff2
£1,45003/240.1 miBreakwater House, Prospect Place2
£1,15003/240.1 miBreakwater House, Prospect Place2
£1,40011/230.11 mi-2
£1,30012/240.11 mi-2
£1,10004/240.11 mi-2

Local Area Statistics

Population in CF11

36,147

Population in Cardiff

357,494

Town centre distance

3.30 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

Price changed to £151,000

January 19, 2025

Listed for £157,000

December 23, 2024

Floor Plans

Description

FOR SALE BY PUBLIC AUCTION: The auction will take place online on 4th February 2025 at 04:39 PM with registration through our website.

Modern purpose-built two bedroom apartment with waterside views conveniently located for easy access to Cardiff City, The Bay and M4 links. Sold with vacant possession.

Description
Modern purpose-built two bedroom apartment situated in a convenient location for easy access to Cardiff City, The Bay, and M4 links. The apartment, situated on the third floor with a lift and secure entry, includes allocated parking for added convenience.

In brief the accommodation comprises of a hallway, open plan lounge/dining/kitchen with sliding doors opening to a full length balcony overlooking the bay and communal grounds. Both bedrooms also have access to the balcony. The master bedroom comes complete with an en-suite shower room and fitted wardrobes, while the second bedroom offers generous space.

Residents can benefit from a concierge service and access to on-site leisure facilities such as a pool and gym located in Lady Isle House, the adjacent block. With allocated parking, a full-length balcony offering waterside views, communal grounds to enjoy, and close proximity to Cardiff Bay and Cardiff city centre, this apartment provides a comfortable and convenient living experience.

Cardiff Bay is renowned for its many attractions, including a variety of restaurants, bars, and cafes within a short distance. Additionally, the bay offers easy access to motorway links which is ideal for commuters.

For any further information please refer to the legal pack.

Informed Leasehold please refer to legal pack for verification of tenure

Additional Fees
Buyer’s Premium – 1.2% with a minimum of 1,200.00 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Further Information
Auctioneers Office, Seel and Co

Viewing
Viewing by appointment with Seel and Co

Agent Details

Seel & Co Ltd, Cardiff - Auctions

029 2271 6399

Next Steps?

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