2 Bed Flat, Single Let, Cardiff, CF5 5LF, £120,000

Heol Trelai, Caerau, Cardiff CF5 5LF - 2 views - 2 months ago

Under Offer
Leasehold
BTL
ROI: 10%
~68 m²
+18 photos

ValuationUndervalued

Sold Prices£55K - £375K
Sold Prices/m²£887/m² - £3.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£134,255
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£795 - £1,200

Rent Estimate

£872

Running Costs/mo

£569

Cashflow/mo

£303

Cashflow/yr

£3,631

ROI

10%

Gross Yield

9%

Local Sold Prices

52 sold prices from £55K to £375K, average is £126.5K. £887/m² to £3.7K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£75K07/230.08 mi170, Heol Trelai, Cardiff CF5 5PG2
£90.5K12/200.39 mi47, Caerau Court Road, Cardiff CF5 5JD2
£85K11/210.52 mi4, Harrington Court, Cardiff CF5 5LA2
£128K06/230.83 miFlat 4, Oundle Court, Colin Way, Cardiff CF5 5AX2
£97K10/200.83 miFlat 5, Harrow Court, Colin Way, Cardiff CF5 5AW2
£115K08/210.83 miFlat 6, Harrow Court, Colin Way, Cardiff CF5 5AW2
£148K12/220.97 mi383, Grand Avenue, Cardiff CF5 4RE2
£145K03/230.97 mi393, Grand Avenue, Cardiff CF5 4RE2
£118K05/211.09 mi24, Limeslade Close, Cardiff CF5 3BD2
£130K04/231.09 mi45, Limeslade Close, Cardiff CF5 3BD2
£144K03/231.2 miFlat 29, Mclay Court, St Fagans Road, Cardiff CF5 3BP2
£100K10/221.25 mi6, Quarry Close, Cardiff CF5 3HD2
£82.5K02/211.26 mi21, Forest View, Cardiff CF5 3EL2
£82.5K02/211.26 mi21, Forest View, Cardiff CF5 3EL2
£160K06/231.29 mi47, Doyle Avenue, Cardiff CF5 3HT2
£105K09/201.3 mi11, Greenland Crescent, Cardiff CF5 3HE2
£112.5K06/211.3 mi41, Greenland Crescent, Cardiff CF5 3HE2
£125K03/231.3 mi14, Greenland Crescent, Cardiff CF5 3HE2
£120K09/231.3 mi22, Greenland Crescent, Cardiff CF5 3HE2
£225K09/231.31 miFlat 1, Gleneagles Court, Windway Road, Cardiff CF5 1AJ2
£86K01/211.52 mi32, Honeysuckle Grove, Cardiff CF5 3TE2
£92.8K06/211.52 mi41, Honeysuckle Grove, Cardiff CF5 3TE2
£95K05/211.52 mi40, Honeysuckle Grove, Cardiff CF5 3TE2
£180K10/201.65 miFirst Floor Flat, 109, Clive Road, Canton, Cardiff CF5 1GL2
£175K04/231.65 miGround Floor Flat, 109, Clive Road, Canton, Cardiff CF5 1GL2
£375K06/211.65 miGround Floor Flat, 84, Pencisely Road, Cardiff CF5 1DQ2
£375K06/211.65 miGround Floor Flat, 84, Pencisely Road, Cardiff CF5 1DQ2
£375K06/211.65 miGround Floor Flat, 84, Pencisely Road, Cardiff CF5 1DQ2
£340K03/231.66 miFlat 14, The Retreat, The Chantry, Llandaff, Cardiff CF5 2NT2
£115K12/201.67 mi17b, Pentrebane Road, Cardiff CF5 3PZ2
£133.5K07/211.67 mi27, Whitland Crescent, Cardiff CF5 3NL2
£155K08/211.67 miFlat 5, Brecon Court, Brecon Street, Cardiff CF5 1RH2
£73K08/231.68 mi109, Bishop Hannon Drive, Cardiff CF5 3QU2
£183K06/231.68 mi42, Rookwood Close, Cardiff CF5 2NS2
£139.9K08/211.71 mi21, Rookwood Close, Cardiff CF5 2NR2
£55K01/211.72 mi52, Fairwood Road, Cardiff CF5 3QJ2
£138K06/211.72 mi26, Fairwood Road, Cardiff CF5 3QJ2
£135K07/211.72 mi34, Fairwood Road, Cardiff CF5 3QJ2
£100K03/231.72 mi40, Fairwood Road, Cardiff CF5 3QJ2
£275K12/221.73 miFlat 5, Cranmer Court, Ely Road, Cardiff CF5 2JD2
£230K03/211.73 miFlat 2, Cranmer Court, Ely Road, Cardiff CF5 2JD2
£150K10/211.74 miFlat 3, St Michaels Court, Western Avenue, Cardiff CF5 2BP2
£130K12/201.74 miFlat 5, St. Michaels Court, Western Avenue, Cardiff CF5 2BP2
£85K02/211.74 miFlat 1, St Michaels Court, Western Avenue, Cardiff CF5 2BP2
£130K11/221.74 miFlat 5, St. Michaels Court, Western Avenue, Cardiff CF5 2BP2
£82.5K10/211.76 mi33, Fairwood Road, Cardiff CF5 3QF2
£140K05/231.76 mi69, Fairwood Road, Cardiff CF5 3QF2
£86K03/231.76 mi37, Bishop Hannon Drive, Cardiff CF5 3QQ2
£77K11/211.76 mi37, Bishop Hannon Drive, Cardiff CF5 3QQ2
£118K06/211.78 mi171, Fairwood Road, Cardiff CF5 3QH2
£120K04/211.78 mi173, Fairwood Road, Cardiff CF5 3QH2
£130.5K03/231.8 mi58a, Denton Road, Cardiff CF5 1PE2

Local Rents

16 rents from £795/mo to £1.2K/mo, average is £985/mo.

RentDateDistanceAddressBeds 
£99503/250.45 mi-2
£1,15001/250.57 mi-2
£82510/240.66 mi-2
£97503/240.67 mi-2
£97512/240.67 miPengwern Road, Cardiff, CF52
£97512/240.67 miPengwern Road, Cardiff, CF52
£97512/240.68 miPengwern Road, CARDIFF2
£95010/230.83 mi-2
£79512/240.87 miMegan Court Cowbridge Road West CF5 5DQ2
£1,10012/240.9 miWhinberry Way, Westfield Park, Cardiff2
£1,20003/241.11 miStryd Elai, Canton, CARDIFF2
£1,15004/241.11 miThe Boulevard, Canton, Cardiff2
£99512/241.12 miEly Road, Fairwater2
£99512/241.12 miEly Road, Fairwater2
£90012/241.13 miEly Road, Fairwater2
£1,10003/251.19 mi-2

Local Area Statistics

Population in CF5

65,999

Population in Cardiff

357,494

Town centre distance

3.02 miles away

Nearest school

0.40 miles away

Nearest train station

1.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+32%

Property History

Listed for £120,000

January 15, 2025

Floor Plans

Description

  • NO CHAIN - 2-BED GROUND FLOOR FLAT with WHEELCHAIR LEVEL ACCESS +
  • PRIVATE REAR GARDENS +
  • SPACIOUS LIVING ROOM & FITTED KITCHEN +
  • MODERN BATHROOM SUITE +
  • GATED COMMUNAL FRONT GARDEN +
  • LOCKABLE SIDE GATE ACCESS TO REAR GARDENS +
  • uPVC D/G WINDOWS +
  • GAS C/H with COMBI-BOILER +
  • EPC RATING = C & COUNCIL TAX BAND = B. +
  • LEASEHOLD - 90 Years* As Advised by Vendor* +

* Guide Price: £120,000 to £130,000 * NO CHAIN - NO CHAIN - NO CHAIN - 2-BED GROUND FLOOR FLAT with WHEELCHAIR LEVEL ACCESS - PRIVATE GARDENS - IDEAL FOR 1st TIME BUYERS or INVESTOR/ LANDLORDS - LEASEHOLD 90 YEARS* REMAINING As Advised by Vendor* SERVICE CHARGES £712.05 PER ANNUM - MR HOMES Offer FOR SALE this 2-Bedroom Ground Floor Floor Flat, comprising in brief; Entrance Hall, Spacious Living Room, Kitchen, Bedroom 1 with Fitted Wardrobes & Fitted Cupboard, Bedroom 2 & a 3-Piece White Bathroom Suite. The Communal Front Garden is Gated. Lockable Side Gate Accesses the Rear Gardens. This Property Further Benefits from uPVC Double Glazing Windows & Gas Central Heating powered by a Zanussi Ultra + 30kw Combi-Boiler. 360 Degree VR Tour Link:
EPC Rating = C. Council Tax Band = B. Mains Electricity, Water & Sewage Connected to Mains Drains. Broadband & Mobile Signal Coverage.
FREE MORTGAGE ADVICE AVAILABLE ON YOUR REQUEST -

Agent Details

Mr Homes Sales and Lettings, Cardiff

029 2271 5559

Next Steps?

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