3 Bed Detached House, Single Let, Cardiff, CF24 2TH, £400,000

Pallot Way, Pengam Green, Cardiff, CF24 2TH - 2 months ago

BTL

~98 m²

+10 photos

ValuationOvervalued

Sold Prices	£115K - £330K
Sold Prices/m²	£1.4K/m² - £4.2K/m²

Square Metres	~98.10 m²
Price/m²	£4.1K/m²
Value Estimate	£236,938£236,938

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£100,000£100,000
Stamp Duty & Legal Fees	£31,200£31,200
Total Cash In	£131,200£131,200

Cash Out
Rent Range	£1,200 - £1,600£1,200 - £1,600
Rent Estimate	£1,250
Running Costs/mo	£1,520£1,520
Cashflow/mo	£-270£-270
Cashflow/yr	£-3,240£-3,240
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £115K to £330K, average is £207.8K. £1.4K/m² to £4.2K/m², average is £2.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£215K	11/20	0.07 mi	11, Beaufort Square, Cardiff CF24 2TT	£2,287	94	3	Semi-Detached House
£240K	11/21	0.11 mi	199, Beaufort Square, Cardiff CF24 2TX	£2,667	90	3	Detached House
£240K	11/21	0.11 mi	199, Beaufort Square, Cardiff CF24 2TX	£2,667	90	3	Terraced House
£115K	01/21	0.22 mi	53, Whitaker Road, Cardiff CF24 2RP	£1,438	80	3	Terraced House
£165K	11/20	0.22 mi	32, Storrar Road, Cardiff CF24 2RS	£1,941	85	3	Semi-Detached House
£240K	04/23	0.22 mi	33, Taymuir Road, Cardiff CF24 2QN	£2,938	82	3	Terraced House
£158K	02/21	0.24 mi	3, Storrar Road, Cardiff CF24 2RT	£1,904	83	3	Semi-Detached House
£145K	03/21	0.28 mi	72, Clydesmuir Road, Cardiff CF24 2QB	£2,014	72	3	Semi-Detached House
£157K	05/21	0.28 mi	115, Clydesmuir Road, Cardiff CF24 2PY	£1,869	84	3	Terraced House
£170K	11/20	0.28 mi	15, Taymuir Road, Cardiff CF24 2QL	£2,099	81	3	Semi-Detached House
£217K	09/22	0.3 mi	33, Whitmuir Road, Cardiff CF24 2QF	£2,260	96	3	Semi-Detached House
£210K	11/22	0.3 mi	28, Whitmuir Road, Cardiff CF24 2QF	£2,593	81	3	Semi-Detached House
£170K	03/23	0.34 mi	13, Gallamuir Road, Cardiff CF24 2QJ	£2,429	70	3	Semi-Detached House
£160K	07/21	0.36 mi	119, Tweedsmuir Road, Cardiff CF24 2RA	£1,739	92	3	Semi-Detached House
£187.5K	10/20	0.36 mi	38, Beckgrove Close, Cardiff CF24 2SE	£2,679	70	3	Semi-Detached House
£220K	06/21	0.36 mi	1, Beckgrove Close, Cardiff CF24 2SE	£3,056	72	3	Semi-Detached House
£151K	02/21	0.38 mi	134, Tweedsmuir Road, Cardiff CF24 2RF	£2,097	72	3	Semi-Detached House
£175K	12/20	0.41 mi	40, Dessmuir Road, Cardiff CF24 2RW	£1,483	118	3	Semi-Detached House
£157K	03/21	0.43 mi	34, Clydesmuir Road, Cardiff CF24 2QA	-	-	3	Terraced House
£161K	12/20	0.43 mi	106, Tweedsmuir Road, Cardiff CF24 2RF	-	-	3	Semi-Detached House
£245K	03/21	0.45 mi	6, Sterling Close, Splott, Cardiff CF24 2HB	£2,134	115	3	Terraced House
£238K	04/23	0.45 mi	17, Westland Close, Cardiff CF24 2PJ	£3,449	69	3	Semi-Detached House
£140K	03/21	0.45 mi	10, Westland Close, Cardiff CF24 2PJ	£2,029	69	3	Semi-Detached House
£225K	06/23	0.46 mi	9, Hawker Close, Cardiff CF24 2PN	£3,328	68	3	Terraced House
£180K	04/21	0.48 mi	34, Dalmuir Road, Cardiff CF24 2PW	-	-	3	Semi-Detached House
£245K	10/23	0.48 mi	34, New Road, Rumney, Cardiff CF3 3AA	£2,402	102	3	Semi-Detached House
£280K	12/22	0.49 mi	9, Clos Hector, Cardiff CF24 2HL	£3,767	74	3	Semi-Detached House
£201K	11/21	0.49 mi	9, Clos Hector, Cardiff CF24 2HL	£2,704	74	3	Semi-Detached House
£202K	04/21	0.49 mi	49, Clos Hector, Cardiff CF24 2HL	£2,658	76	3	Semi-Detached House
£220K	12/20	0.49 mi	35, Clos Hector, Cardiff CF24 2HL	£3,099	71	3	Semi-Detached House
£230K	01/22	0.49 mi	1, Clos Hector, Cardiff CF24 2HL	-	-	3	Detached House
£161.6K	06/21	0.5 mi	25, Mona Place, Cardiff CF24 2TG	£2,276	71	3	Semi-Detached House
£198K	06/21	0.5 mi	29, De Havilland Road, Cardiff CF24 2PL	-	-	3	Detached House
£234K	07/22	0.5 mi	27, De Havilland Road, Cardiff CF24 2PL	£3,221	73	3	Detached House
£198K	06/21	0.5 mi	29, De Havilland Road, Cardiff CF24 2PL	-	-	3	Semi-Detached House
£240K	08/22	0.51 mi	43, Handley Road, Cardiff CF24 2HF	£3,243	74	3	Semi-Detached House
£195K	10/20	0.52 mi	33, Handley Road, Cardiff CF24 2HF	-	-	3	Semi-Detached House
£190K	01/21	0.52 mi	3, Handley Road, Cardiff CF24 2HF	-	-	3	Semi-Detached House
£220K	11/20	0.53 mi	9, Halifax Close, Cardiff CF24 2HG	£3,099	71	3	Semi-Detached House
£255K	02/23	0.53 mi	2, Halifax Close, Cardiff CF24 2HG	£3,396	75	3	Semi-Detached House
£155K	01/21	0.53 mi	8, Craigmuir Road, Cardiff CF24 2PU	-	-	3	Terraced House
£205.5K	06/21	0.54 mi	11, Beresford Road, Cardiff CF24 1RA	£1,878	109	3	Terraced House
£190K	12/20	0.54 mi	24, Beresford Road, Cardiff CF24 1RA	£1,881	101	3	Terraced House
£245K	07/23	0.54 mi	18, Beresford Road, Cardiff CF24 1RA	£2,356	104	3	Terraced House
£330K	06/21	0.54 mi	47, New Road, Rumney, Cardiff CF3 3DB	£3,000	110	3	Semi-Detached House
£330K	05/23	0.54 mi	31, New Road, Rumney, Cardiff CF3 3DB	-	-	3	Terraced House
£212K	06/21	0.55 mi	3, Clos Avro, Cardiff CF24 2HN	£2,941	72	3	Semi-Detached House
£225K	03/21	0.55 mi	2, Clos Avro, Cardiff CF24 2HN	£2,184	103	3	Semi-Detached House
£320K	02/21	0.55 mi	17, Hammond Way, Cardiff CF23 9BB	£4,156	77	3	Detached House
£220K	04/23	0.55 mi	3, Tweedsmuir Road, Cardiff CF24 2QY	£2,391	92	3	Terraced House

Local Rents

13 rents from £1.2K/mo to £1.6K/mo, average is £1.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,400	02/24	0.14 mi	-	3	Terraced House
£1,400	12/24	0.14 mi	Pengam Green, Cardiff, CF24	3	Flat
£1,300	12/24	0.28 mi	Clydesmuir Road, Tremorfa	3	Terraced House
£1,250	04/24	0.46 mi	Ffordd Nowell, Penylan, Cardiff	3	Semi-Detached House
£1,250	05/24	0.46 mi	Ffordd Nowell, Penylan, Cardiff	3	Semi-Detached House
£1,250	05/24	0.46 mi	Ffordd Nowell, Penylan, Cardiff	3	Semi-Detached House
£1,300	03/24	0.47 mi	Ffordd Nowell, Penylan, Cardiff, CF23 9FB	3	House
£1,300	02/24	0.52 mi	-	3	Terraced House
£1,600	12/24	0.54 mi	Beresford Road, CARDIFF	3	Flat
£1,200	12/24	0.56 mi	Newport Road, CARDIFF	3	Flat
£1,350	03/25	0.57 mi	-	3	Terraced House
£1,500	12/24	0.6 mi	Newport Road, Roath	3	Flat
£1,590	04/24	0.61 mi	Doe Close, Penylan, Cardiff	3	House

Local Area Statistics

Population in CF24	55,14855,148
Population in Cardiff	357,494357,494
Town centre distance	2.32 miles away2.32 miles away
Nearest school	0.50 miles away0.50 miles away
Nearest train station	1.59 miles away1.59 miles away

Rental demand	Landlord's marketLandlord's market
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+22%+22%

Property History

Listed for £400,000

January 20, 2025

Floor Plans

Description

A spacious detached house +
Living room +
Fitted kitchen/diner +
Ground floor WC & utility room +
Three first floor bedrooms +
Family bathroom +
En-suite shower room +
Garage & off road parking +

A beautifully presented three bedroom detached home conveniently located on this popular developement in close proximity to a variety of amenities and major road links.

The accommodation comprises a spacious lounge, beautiful kitchen/diner, utility room, WC and to the first floor is the master bedroom with an en suite shower room and two further bedrooms and a bathroom. To the outside is a driveway for three cars and a well landscaped, low maintenace rear garden with a summer house. This would make an ideal family home.