2 Bed Terraced House, Motivated Seller, Cardiff, CF3 1SP, £160,000

22, Trebanog Crescent, Cardiff, South Glamorgan, CF3 1SP - 4 views - 2 months ago

Motivated
BTL
ROI: 4%
67 m²
+9 photos

ValuationUndervalued

Sold Prices£115.5K - £307.5K
Sold Prices/m²£1.6K/m² - £4.9K/m²

 

 

Square Metres

67 m²
Price/m²£2.4K/m²

Value Estimate

£197,534
BMV16%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,300

Total Cash In

£46,300

 

 

Cash Out

 

Rent Range

£900 - £1,350

Rent Estimate

£906

Running Costs/mo

£701

Cashflow/mo

£205

Cashflow/yr

£2,458

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £115.5K to £307.5K, average is £186.8K. £1.6K/m² to £4.9K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£190K03/230.26 mi27, Jenkins Way, St Mellons, Cardiff CF3 0RN2
£205K11/230.37 miChestnut Cottage, Walwyn Place, St Mellons, Cardiff CF3 0PU2
£180K04/230.37 mi27, Walwyn Place, St Mellons, Cardiff CF3 0PU2
£215K12/220.41 mi9, Ireland Close, St Mellons, Cardiff CF3 0PQ2
£185K06/230.42 mi2, Rosset Close, St Mellons, Cardiff CF3 0AL2
£175K06/210.43 mi24, Oakmeadow Drive, St Mellons, Cardiff CF3 0EN2
£115.5K09/210.43 mi80, Harrison Drive, St Mellons, Cardiff CF3 0PJ2
£165K02/210.43 mi39, Harrison Drive, St Mellons, Cardiff CF3 0PJ2
£190K11/210.44 mi107, Matthysens Way, St Mellons, Cardiff CF3 0PL2
£171K10/200.44 mi105, Matthysens Way, St Mellons, Cardiff CF3 0PL2
£195K02/210.46 mi13, Meadvale Road, Cardiff CF3 1UF2
£166K11/210.49 mi26, Canopus Close, St Mellons, Cardiff CF3 1NR2
£169K01/230.49 mi24, Canopus Close, St Mellons, Cardiff CF3 1NR2
£157K10/200.5 mi30, Kember Close, St Mellons, Cardiff CF3 0NW2
£180K06/230.5 mi60, Kember Close, St Mellons, Cardiff CF3 0NW2
£205K03/230.51 mi28, Locke Grove, St Mellons, Cardiff CF3 0PX2
£163K01/210.51 mi13, Locke Grove, St Mellons, Cardiff CF3 0PX2
£185K12/200.51 mi2, Locke Grove, St Mellons, Cardiff CF3 0PX2
£223K07/230.56 mi1, Lodwick Rise, St Mellons, Cardiff CF3 0NY2
£205K10/210.57 mi11, Chapel Row, St Mellons, Cardiff CF3 5UB2
£204K04/210.57 mi9, Chapel Row, Old St Mellons, Cardiff CF3 5UB2
£195K04/230.57 mi7, Lloyd Place, St Mellons, Cardiff CF3 0NX2
£190K03/230.57 mi16, Meadowlark Close, St Mellons, Cardiff CF3 0AB2
£160K10/200.58 mi9, Lloyd Place, St Mellons, Cardiff CF3 0NX2
£175K06/210.58 mi8, Orchard Park, St Mellons, Cardiff CF3 0AQ2
£146K10/210.6 mi36, Rogerstone Close, St Mellons, Cardiff CF3 0EA2
£214K09/230.6 mi49, Bridgwater Road, Llanrumney, Cardiff CF3 5TF2
£190K07/230.61 mi63, Ilfracombe Crescent, Llanrumney, Cardiff CF3 4TB2
£188.5K02/210.61 mi11, Wren Close, St Mellons, Cardiff CF3 0PD2
£180K09/210.63 mi18, Windflower Close, St Mellons, Cardiff CF3 0JG2
£217K06/230.63 mi12, Windflower Close, St Mellons, Cardiff CF3 0JG2
£200K10/200.63 mi4, Windflower Close, St Mellons, Cardiff CF3 0JG2
£170K08/230.66 mi65, Willowbrook Gardens, St Mellons, Cardiff CF3 0BF2
£195K12/230.66 mi18, Willowbrook Gardens, St Mellons, Cardiff CF3 0BF2
£165K01/210.68 mi15, Jonquil Close, St Mellons, Cardiff CF3 0JE2
£175K06/210.68 mi22, Jonquil Close, St Mellons, Cardiff CF3 0JE2
£200K11/220.68 mi18, Jonquil Close, St Mellons, Cardiff CF3 0JE2
£230K06/210.69 miOld School House, Church Lane, Old St Mellons, Cardiff CF3 5UP2
£285K02/230.69 mi11, Jasmine Drive, St Mellons, Cardiff CF3 0JD2
£191K01/230.69 mi14, Jasmine Drive, St Mellons, Cardiff CF3 0JD2
£165K01/210.7 mi6, Ilfracombe Crescent, Llanrumney, Cardiff CF3 4TA2
£165K06/230.71 mi15, Sanderling Drive, St Mellons, Cardiff CF3 0DA2
£210K05/230.71 mi2, Aster Close, St Mellons, Cardiff CF3 0JB2
£190K04/210.71 mi34, Meadowsweet Drive, St Mellons, Cardiff CF3 0RD2
£157K11/200.71 mi35, Meadowsweet Drive, St Mellons, Cardiff CF3 0RD2
£174K05/210.72 mi9, Hornbeam Close, St Mellons, Cardiff CF3 0JA2
£307.5K10/230.75 mi3, Hornbeam Close, St Mellons, Cardiff CF3 0JA2
£166K11/200.75 mi1, Chartley Close, St Mellons, Cardiff CF3 0SD2
£165.5K01/210.76 mi24, Bideford Road, Llanrumney, Cardiff CF3 4EE2
£225K04/230.76 mi24, Bideford Road, Llanrumney, Cardiff CF3 4EE2

Local Rents

21 rents from £900/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,10012/240.27 miClos Chappell, St. Mellons, CARDIFF2
£1,10012/240.5 mi-2
£1,10003/250.5 mi-2
£1,20012/240.5 miKember Close, St. Mellons, CARDIFF2
£1,10012/240.6 miRogerstone Close, St. Mellons, CARDIFF2
£90001/240.65 mi-2
£97512/240.71 miMeadowsweet Drive, St. Mellons, Cardiff, CF32
£1,15012/240.87 miSummerhill Close, St Mellons, Cardiff2
£99512/240.87 miArlington Crescent, Llanrumney, Cardiff, CF32
£95012/240.88 miFairview Close, St. Mellons, CARDIFF2
£1,00012/240.9 mi-2
£97512/240.94 miFfordd Brynhyfryd, Old St. Mellons, CARDIFF2
£1,00012/240.96 mi-2
£1,10012/240.98 mi-2
£1,10012/241.08 miThe Dell, St. Mellons, CARDIFF2
£1,10012/241.08 miThe Dell, St. Mellons, CARDIFF2
£1,17502/241.08 mi-2
£1,35012/241.08 mi-2
£1,20012/241.08 mi-2
£1,15002/251.08 mi-2
£1,17502/241.08 mi-2

Local Area Statistics

Population in CF3

41,998

Population in Cardiff

357,494

Town centre distance

3.88 miles away

Nearest school

0.20 miles away

Nearest train station

3.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Price changed to £160,000

February 20, 2025

Listed for £170,000

January 24, 2025

Floor Plans

Description

  • Council Tax Band B, Freehold +
  • Two Self Contained Flats Both with the Below +
  • Lounge/Kitchen +
  • Integrated Oven & Hob +
  • One Bedroom +
  • Shower Room +
  • Development Opportunity +
  • Rear Gardens +
  • Viewing Advised +

Currently two self contained flats this property can easily be to returned to a stylish family home.
Viewing is highly recommended

This house is currently two self-contained flats but can be returned back to a stylish family family home. Located in Cardiff, a great city if you love nature with the abundance of parks, mountains to the north, the coast to the south, and castles all around. With close proximity to a range of amenities, schools, shopping facilities, food/drink establishments and more. The area also offers excellent road and transport links for travel both locally and further afield.

The accommodation briefly comprises a spacious living room and kitchen with integrated appliances. A good sized bedroom with french doors leading out to the garden and a modern shower room

To the first floor is an inviting landing area through to lounge/kitchen with integrated oven & hob, one well-proportioned bedroom and a modern shower room

Externally, the property benefits from a front garden and private rear garden

This home is an excellent find. We anticipate a high amount of interest and as such we would recommend that any interested buyers inquire to arrange a viewing at the earliest convenience to ensure the opportunity is not missed.

Premium Fast Sale

The innovative Premium Fast Sale Plus method from Springbok Properties is a secure and straightforward way to buy property. It works like a typical sale, with a number of added benefits to the buyer.

Benefits

o Carefully implemented security measures
o A speedy process
o Realistically priced properties
o A Buy it Now option (ask for further information on this feature from our advisors)
o A significantly reduced chance of fall-throughs
o No risk of being "gazumped"
o The full focus of our highly motivated team

Springbok Properties' Premium Fast Sale Plus puts you in the driving seat thanks to our fast and secure methods.

All properties are competitively priced and carefully managed by motivated sellers for a quick, stress-free transaction.

Deposit

Sales can be secured with a reservation deposit of £2,500. This forms part of the final purchase price and is NOT an extra cost.

This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.

An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.

Exclusivity

Following the payment of the above amount, Springbok Properties will facilitate a fixed exclusivity period (approximately 12 weeks). During this time, surveys should be arranged and preparations made for the exchange of contracts. The property will be reserved, so there will be no risk of gazumping.

Process

Our Premium Fast Sale Plus follows the below process:

STEP 1 - Register your interest
STEP 2 - Prepare your finances for the purchase
STEP 3 - Arrange a viewing
STEP 4 - Make an offer
STEP 5 - Secure your sale using our secure system
STEP 6 - Exchange and complete

Don't miss out on the chance to purchase this property. Call us today for further information and to arrange a viewing.

If you're interested in this property, we urge you to contact us immediately to arrange an early viewing and get the process started. This will help you to avoid missing out on this opportunity.

Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy property.

Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Please call us now to book an appointment.

We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.

Please call us now to book an appointment.

Call Recording

Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Disclaimer

Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:

The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

TENURE

To be confirmed by the Vendor's Solicitors

Note

The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.

How to View this Property

Viewing is strictly by appointment please call us now for bookings.

AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

Agent Details

Springbok Properties, Nationwide

0161 416 6302

Next Steps?

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