2 Bed Flat, Single Let, Cardiff, CF5 3BE, £130,000

Oxwich Close, Norbury Gardens, Fairwater, Cardiff, CF5 3BE - 3 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 10%
~68 m²
+1 photos

ValuationUndervalued

Sold Prices£49K - £375K
Sold Prices/m²£593/m² - £3.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£140,884
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Total Cash In

£37,600

 

 

Cash Out

 

Rent Range

£795 - £1,150

Rent Estimate

£906

Running Costs/mo

£607

Cashflow/mo

£299

Cashflow/yr

£3,583

ROI

10%

Gross Yield

8%

Local Sold Prices

50 sold prices from £49K to £375K, average is £130K. £593/m² to £3.7K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£130K04/230.08 mi45, Limeslade Close, Cardiff CF5 3BD2
£118K05/210.08 mi24, Limeslade Close, Cardiff CF5 3BD2
£144K03/230.18 miFlat 29, Mclay Court, St Fagans Road, Cardiff CF5 3BP2
£115K08/210.3 miFlat 6, Harrow Court, Colin Way, Cardiff CF5 5AW2
£225K09/230.31 miFlat 1, Gleneagles Court, Windway Road, Cardiff CF5 1AJ2
£128K06/230.31 miFlat 4, Oundle Court, Colin Way, Cardiff CF5 5AX2
£160K06/230.34 mi47, Doyle Avenue, Cardiff CF5 3HT2
£183K06/230.58 mi42, Rookwood Close, Cardiff CF5 2NS2
£340K03/230.59 miFlat 14, The Retreat, The Chantry, Llandaff, Cardiff CF5 2NT2
£139.9K08/210.61 mi21, Rookwood Close, Cardiff CF5 2NR2
£230K03/210.67 miFlat 2, Cranmer Court, Ely Road, Cardiff CF5 2JD2
£275K12/220.67 miFlat 5, Cranmer Court, Ely Road, Cardiff CF5 2JD2
£100K10/220.67 mi6, Quarry Close, Cardiff CF5 3HD2
£375K06/210.7 miGround Floor Flat, 84, Pencisely Road, Cardiff CF5 1DQ2
£375K06/210.7 miGround Floor Flat, 84, Pencisely Road, Cardiff CF5 1DQ2
£375K06/210.7 miGround Floor Flat, 84, Pencisely Road, Cardiff CF5 1DQ2
£133.5K07/210.7 mi27, Whitland Crescent, Cardiff CF5 3NL2
£138K06/210.71 mi26, Fairwood Road, Cardiff CF5 3QJ2
£135K07/210.71 mi34, Fairwood Road, Cardiff CF5 3QJ2
£55K01/210.71 mi52, Fairwood Road, Cardiff CF5 3QJ2
£100K03/230.71 mi40, Fairwood Road, Cardiff CF5 3QJ2
£150K10/210.72 miFlat 3, St Michaels Court, Western Avenue, Cardiff CF5 2BP2
£112.5K06/210.72 mi41, Greenland Crescent, Cardiff CF5 3HE2
£125K03/230.72 mi14, Greenland Crescent, Cardiff CF5 3HE2
£120K09/230.72 mi22, Greenland Crescent, Cardiff CF5 3HE2
£130K12/200.73 miFlat 5, St. Michaels Court, Western Avenue, Cardiff CF5 2BP2
£85K02/210.73 miFlat 1, St Michaels Court, Western Avenue, Cardiff CF5 2BP2
£130K11/220.73 miFlat 5, St. Michaels Court, Western Avenue, Cardiff CF5 2BP2
£82.5K10/210.73 mi33, Fairwood Road, Cardiff CF5 3QF2
£140K05/230.73 mi69, Fairwood Road, Cardiff CF5 3QF2
£320K05/210.74 miFlat 21, Petherton Mews, Llantrisant Road, Llandaff, Cardiff CF5 2SJ2
£118K06/210.8 mi171, Fairwood Road, Cardiff CF5 3QH2
£120K04/210.8 mi173, Fairwood Road, Cardiff CF5 3QH2
£130K11/210.8 mi90, Fairwood Road, Cardiff CF5 3QL2
£88K03/210.8 mi82, Fairwood Road, Cardiff CF5 3QL2
£210K04/230.84 mi7, Fordwell, Cardiff CF5 2EU2
£49K11/200.84 mi15, Fordwell, Cardiff CF5 2EU2
£125K10/230.84 mi103, Fairwood Road, Cardiff CF5 3QG2
£82.5K02/210.86 mi21, Forest View, Cardiff CF5 3EL2
£82.5K02/210.86 mi21, Forest View, Cardiff CF5 3EL2
£175K04/230.87 miGround Floor Flat, 109, Clive Road, Canton, Cardiff CF5 1GL2
£115K12/200.9 mi17b, Pentrebane Road, Cardiff CF5 3PZ2
£82K12/220.91 miFlat 63, Rhosilli House, The Crescent, Llandaff, Cardiff CF5 2DL2
£180K11/200.91 miFlat 73, Reynoldston House, The Crescent, Llandaff, Cardiff CF5 2DL2
£195K07/230.91 miFlat 13, Stembridge House, The Crescent, Llandaff, Cardiff CF5 2DL2
£95K05/210.91 mi40, Honeysuckle Grove, Cardiff CF5 3TE2
£92.8K06/210.91 mi41, Honeysuckle Grove, Cardiff CF5 3TE2
£86K01/210.91 mi32, Honeysuckle Grove, Cardiff CF5 3TE2
£220K11/210.97 mi15, Penhill Close, Cardiff CF5 1EA2
£285K07/231 miFlat 3, Pontcanna Court, Cardiff Road, Llandaff, Cardiff CF5 2AS2

Local Rents

12 rents from £795/mo to £1.1K/mo, average is £975/mo.

RentDateDistanceAddressBeds 
£1,00004/250.1 mi-2
£99512/240.15 miEly Road, Fairwater2
£99512/240.15 miEly Road, Fairwater2
£90012/240.15 miEly Road, Fairwater2
£79512/240.25 miMegan Court Cowbridge Road West CF5 5DQ2
£1,00002/250.37 mi-2
£97512/240.45 miPengwern Road, CARDIFF2
£97512/240.46 miPengwern Road, Cardiff, CF52
£97512/240.46 miPengwern Road, Cardiff, CF52
£97503/240.46 mi-2
£1,15004/240.51 miThe Boulevard, Canton, Cardiff2
£95012/240.61 miRookwood Close, Llandaff2

Local Area Statistics

Population in CF5

65,999

Population in Cardiff

357,494

Town centre distance

2.04 miles away

Nearest school

0.30 miles away

Nearest train station

0.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+32%

Property History

Listed for £130,000

January 16, 2025

Floor Plans

Description

No Chain. A modern first floor apartment perfectly located in this quiet no through road of Norbury Gardens in Fairwater. Well proportioned throughout, this property would certainly suit a variety of buyers, from investors, first time buyers or downsizers.

The accommodation briefly comprises: Entrance Hall, Lounge/Diner, Fitted Kitchen, Bathroom and Two Double Bedrooms. The property further benefits from two allocated parking spaces.

Norbury Gardens is situated just a stone's throw from Waungron Park and Train Station and is in close proximity to local shops, cafés and amenities that Fairwater Green has to offer.

Communal Entrance - Entered via a communal entrance, stairs to the first floor.

Hall - Entered via a wood front door, laminate flooring.

Lounge - 3.96m x 4.47m (13' x 14'8) - Double glazed window to the front, coved ceiling, wood laminate flooring.

Kitchen - 3.10m x 2.08m max (10'2 x 6'10 max) - Double obscure glazed window to the side, wall and base units, stainless steel sink and drainer, space for appliances, electric hob and integrated electric oven, wood laminate flooring.

Bedroom One - 3.00m x 3.28m (9'10 x 10'9) - Double glazed window to the side, electric heater, wood laminate flooring.

Bedroom Two - 2.97m x 2.97m (9'9 x 9'9) - Double glazed window to the side, built-in shelving, laminate flooring.

Bathroom - 1.98m x 3.10m max (6'6 x 10'2 max) - Double obscure glazed window to the side, bath with Triton power shower over, w.c and wash hand basin, storage cupboard, heated towel rail, tiled walls, laminate flooring.

Tenure - What is the full term of the lease?Unsure
Start DateUnsure
Current amount of years remaining on the lease86
Annual Ground Rent £70
Service and Maintenance Charges £ (include payment frequency)Six monthly around £938.85
Does the Service Charge Include Water RatesNo
Does the property your selling benefit from any outdoor space?Yes, Communal
Management Company Name and Address (If known)First port
Are you able to rent out the property?Yes
According to the lease, are occupants allowed to keep pets?Yes
How many other flats / apartments are within the same block?6

Disclaimer - The property title and lease details (including duration and costs) have been supplied by the seller and are not independently verified by Hern and Crabtree. We recommend your legal representative review all information before exchanging contracts. Property descriptions, measurements, and floor plans are for guidance only, and photos may be edited for marketing purposes. We have not tested any services, systems, or appliances and are not RICS surveyors. Opinions on property conditions are based on experience and not verifiable assessments. We recommend using your own surveyor, contractor, and conveyancer. If a prior building survey exists, we do not have access to it and cannot share it. Under Code of Practice 4b, any marketing figure (asking or selling price) is a market appraisal, not a valuation, based on seller details and market conditions, and has not been independently verified. Prices set by vendors may differ from surveyor valuations. Hern and Crabtree will not be liable for discrepancies, costs, or losses arising from sales withdrawals, mortgage valuations, or any related decisions. By pursuing the purchase, you confirm that you have read and understood the above information.

Parking - The seller has advised us that there are two spaces at the front like a drive way, and plenty of space at the back of the property. There is a designated space for the owner of the flat. a separate designated space legally owned by the property

Agent Details

Hern & Crabtree, LLandaff

029 2271 4277

Next Steps?

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