3 Bed Semi-Detached House, Refurb/BRRR, Cardiff, CF24 3SL, £425,000

Princes Street, Roath, Cardiff, CF24 3SL - 3 months ago

Sold STC
Refurb/BRRR
~93 m²
+25 photos

ValuationOvervalued

Sold Prices£155K - £550K
Sold Prices/m²£1.7K/m² - £5K/m²

 

 

Square Metres

~93 m²
Price/m²£4.6K/m²

Value Estimate

£248,912

 

 

End Value (After Refurb)

£392,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£24,700

Refurb Costs

£38,000

Bridging Loan Interest

£11,156

Total Cash In

£181,856

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£392,500

Mortgage (After Refinance)

£294,375

Mortgage LTV

75%

Cash Left In

£181,856

Equity

£98,125

Rent Range

£1,050 - £3,700

Rent Estimate

£1,460

Running Costs/mo

£1,539

Cashflow/mo

£-79

Cashflow/yr

£-943

Gross Yield

4%

Local Sold Prices

50 sold prices from £155K to £550K, average is £339.5K. £1.7K/m² to £5K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£355K12/200 mi39, Princes Street, Cardiff CF24 3SL3
£405K03/210 mi44, Princes Street, Cardiff CF24 3SL3
£380K08/210.08 mi25, Timbers Square, Cardiff CF24 3SH3
£385K10/200.08 mi9, Timbers Square, Cardiff CF24 3SH3
£341K04/210.08 mi23, Timbers Square, Cardiff CF24 3SH3
£338K03/210.15 mi8, Trafalgar Road, Cardiff CF23 5BQ3
£440K10/210.18 mi4, Agincourt Road, Cardiff CF23 5BN3
£535K01/230.22 mi34, Southminster Road, Cardiff CF23 5AT3
£550K05/230.23 mi17, Waterloo Gardens, Cardiff CF23 5AA3
£517.5K11/220.25 mi5, Southminster Road, Cardiff CF23 5AT3
£236K03/210.25 mi136, Arran Street, Cardiff CF24 3HU3
£395K10/210.26 mi4, Axminster Road, Cardiff CF23 5AR3
£420K03/210.27 mi20, Sturminster Road, Cardiff CF23 5AQ3
£350K06/230.28 mi69, Partridge Road, Cardiff CF24 3QY3
£445K12/220.29 mi17, Stallcourt Avenue, Cardiff CF23 5AL3
£335K03/230.29 mi54, Richards Terrace, Cardiff CF24 1RX3
£240K11/200.29 mi62, Richards Terrace, Cardiff CF24 1RX3
£189.9K06/210.29 mi24, Croft Street, Cardiff CF24 3DZ3
£249.9K07/230.29 mi118, Cyfarthfa Street, Cardiff CF24 3HG3
£288K03/210.3 mi40, Deri Road, Cardiff CF23 5AJ3
£430K02/210.3 mi4, Alma Road, Cardiff CF23 5BD3
£400K02/210.3 mi39, Deri Road, Cardiff CF23 5AH3
£402K05/210.3 mi20, Stallcourt Avenue, Cardiff CF23 5AN3
£385K02/210.3 mi14, Stallcourt Avenue, Cardiff CF23 5AN3
£425K04/230.31 mi26, Waterloo Gardens, Cardiff CF23 5AB3
£405K11/200.31 mi28, Westville Road, Cardiff CF23 5AG3
£220K11/200.31 mi12, Elm Street, Cardiff CF24 3QR3
£473.1K01/230.33 mi132, Kimberley Road, Cardiff CF23 5AF3
£222K01/210.33 mi138, Strathnairn Street, Cardiff CF24 3JQ3
£240K07/230.33 mi97, Strathnairn Street, Cardiff CF24 3JQ3
£222K10/210.34 mi126, Glenroy Street, Cardiff CF24 3JZ3
£474K02/230.35 mi152, Kimberley Road, Cardiff CF23 5AF3
£227.5K03/230.35 mi28, Elm Street, Cardiff CF24 3QS3
£220K11/200.36 mi35, Sapphire Street, Cardiff CF24 1PY3
£279.9K01/210.37 mi2, Stallcourt Close, Cardiff CF23 5EB3
£285K06/230.37 mi7, Stallcourt Close, Cardiff CF23 5EB3
£282K10/220.37 mi164, Broadway, Cardiff CF24 1QJ3
£405K06/230.37 mi10, Ilton Road, Cardiff CF23 5DU3
£390K12/200.37 mi31, Ilton Road, Cardiff CF23 5DU3
£255K08/210.37 mi63, Strathnairn Street, Cardiff CF24 3JP3
£231.5K11/210.38 mi25, Cecil Street, Cardiff CF24 1NU3
£205K07/210.38 mi26, Cecil Street, Cardiff CF24 1NU3
£200K02/210.38 mi23, Cecil Street, Cardiff CF24 1NU3
£200K03/210.38 mi16, Sapphire Street, Cardiff CF24 1PZ3
£250K08/210.38 mi20, Angus Street, Cardiff CF24 3LY3
£155K02/210.38 mi16, Plasnewydd Road, Cardiff CF24 3EN3
£282.5K10/220.39 mi34, Talworth Street, Roath, Cardiff CF24 3EJ3
£396K12/200.39 mi3, Mafeking Road, Cardiff CF23 5DQ3
£396K06/210.39 mi21, Mafeking Road, Cardiff CF23 5DQ3
£171K11/200.4 mi11, Harold Street, Cardiff CF24 1NZ3

Local Rents

44 rents from £1.1K/mo to £3.7K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,35012/240.13 miNewport Road, Newport Road, Cardiff, South Glamorgan, CF24 1RH3
£1,95004/240.17 miSandringham Road, Penylan, Cardiff3
£1,60012/240.18 miOakfield Street, Roath, Cardiff3
£1,60012/240.19 miRoath, Cardiff, CF243
£1,60005/240.19 mi-3
£1,50012/240.23 mi-3
£1,25012/240.24 mi-3
£2,75012/240.24 mi-3
£2,75003/250.24 mi-3
£1,54512/240.24 miTreharris Street, Roath, Cardiff, CF24 3HQ3
£1,60512/240.25 miArran Street, Cardiff3
£3,70003/250.26 mi-3
£1,50012/240.29 miNewport Road, Roath3
£1,35012/240.29 miStacey Road, Cardiff3
£1,20012/240.33 miNewport Road, CARDIFF3
£1,47512/240.33 miSt Martins Row, Albany Road, Roath3
£1,25012/240.34 miTreharris Street, CARDIFF3
£1,05003/240.35 miBalaclava Road, Penylan3
£1,10003/240.35 mi-3
£1,59004/240.39 miDoe Close, Penylan, Cardiff3
£1,40012/240.41 miCyfarthfa Street, Roath3
£1,30002/240.41 mi-3
£1,30003/240.42 miFfordd Nowell, Penylan, Cardiff, CF23 9FB3
£1,25004/240.42 miFfordd Nowell, Penylan, Cardiff3
£1,25005/240.42 miFfordd Nowell, Penylan, Cardiff3
£1,25005/240.42 miFfordd Nowell, Penylan, Cardiff3
£1,39512/240.43 miHarold Street, Splott3
£1,60012/240.43 miBeresford Road, CARDIFF3
£1,45012/240.43 miArran Street, Roath, CF243
£1,50012/240.5 miAlbany Road, Roath, CF24 3RP3
£1,35012/240.5 miCity Road, Roath3
£1,68012/240.51 miRussell Street, Cardiff3
£1,50003/250.54 mi-3
£1,35012/240.54 miSystem Street, Cardiff(City), CF243
£1,48512/240.57 miRichmond Road, Roath, Cardiff3
£1,35012/240.57 miSystem Street, Cardiff , 3
£1,65012/240.58 miRichmond Road, Roath, CF24 3BU3
£1,20012/240.59 miCarlisle Street, Splott, CF24 2PD3
£1,57512/240.59 miRichmond Road, Cardiff3
£1,20012/240.6 miBurnaby Street, Splott, Cardiff, CF243
£1,62012/240.61 miThe Coach House, Carlisle Street, Cardiff3
£1,65012/240.61 miRichmond Road, Roath3
£1,20012/240.61 miMeteor Street, Splott, CF243
£1,35012/240.62 miInverness Place, CARDIFF3

Local Area Statistics

Population in CF24

55,148

Population in Cardiff

357,494

Town centre distance

1.58 miles away

Nearest school

0.10 miles away

Nearest train station

0.87 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Price changed to £425,000

January 27, 2025

Listed for £450,000

January 2, 2025

Sold for £185,000

2003

Sold for £91,000

1996

Floor Plans

Description

  • Grand Hallway +
  • Nearby schools and amenities +
  • Excellent public transport links +
  • Two spacious reception rooms +
  • Natural light throughout +
  • Generous garden space +
  • Three bedrooms, two doubles +
  • Bayfronted master bedroom +
  • Kitchen with built-in pantries +

Introducing this semi-detached house, a fantastic opportunity for investors or families alike, located in a highly sought after location, complete with a plethora of local amenities, nearby schools, and excellent public transport links. The property is steeped in history and surrounded by wonderful green spaces.

Although in need of modernisation, the property boasts a wealth of potential. With two spacious reception rooms, both featuring large windows that flood the rooms with natural light, wood floors, and a fireplace. The reception rooms offer a delightful view of the garden and one has direct access to it.

The house comprises three bedrooms, two of which are generous doubles. The master bedroom is a real standout feature, complete with a bayfronted window. The bathroom is designed to a high standard, featuring a free-standing bath and a heated towel rail.

The kitchen is a real selling point, with built-in pantries and a utility room. It is bathed in natural light, offering a warm and inviting space for cooking and dining.

Outdoors, the property features a generous garden, providing ample space for relaxation or outside dining. Additionally, there is parking available and outbuildings that can be utilised for storage or potentially converted for other uses.

Unique features such as the fireplaces add character to the property, elevating it from a house to a home. This property provides an incredible opportunity to craft a dream home in a desired location. Please get in touch to arrange a viewing at your earliest convenience.

Agent Details

Moginie James, Roath

029 2271 0655

Next Steps?

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