3 Bed Terraced House, Single Let, Cardiff, CF24 4DF, £230,000

Rhymney Street, Cathays, CF24 4DF - 2 months ago

Sold STC
BTL
ROI: 4%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£155K - £416K
Sold Prices/m²£1.8K/m² - £4.4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£255,209
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,100

Total Cash In

£65,600

 

 

Cash Out

 

Rent Range

£1,100 - £3,700

Rent Estimate

£1,230

Running Costs/mo

£985

Cashflow/mo

£245

Cashflow/yr

£2,943

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £155K to £416K, average is £240K. £1.8K/m² to £4.4K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£210K03/210.13 mi121, Bedford Street, Cardiff CF24 3DB3
£190K05/210.2 mi98, Coburn Street, Cardiff CF24 4BT3
£191K12/200.2 mi76, Coburn Street, Cardiff CF24 4BT3
£215K02/230.21 mi7, Arran Street, Roath, Cardiff CF24 3HR3
£255K03/210.23 mi5, Arran Street, Cardiff CF24 3HR3
£261K03/230.23 mi39, Arran Street, Roath, Cardiff CF24 3HR3
£200K06/230.23 mi45, Harriet Street, Cardiff CF24 4BW3
£195K12/200.25 mi11, Treharris Street, Cardiff CF24 3HJ3
£235K04/230.26 mi43, Glenroy Street, Cardiff CF24 3JX3
£232K07/230.28 mi19, Strathnairn Street, Cardiff CF24 3JL3
£200K05/210.29 mi4, Talworth Street, Cardiff CF24 3EH3
£249.5K07/230.29 mi7, Talworth Street, Roath, Cardiff CF24 3EH3
£282.5K10/220.29 mi34, Talworth Street, Roath, Cardiff CF24 3EJ3
£155K02/210.3 mi16, Plasnewydd Road, Cardiff CF24 3EN3
£225K12/200.31 mi39, Inverness Place, Cardiff CF24 4RU3
£275K03/230.35 mi26, Arabella Street, Cardiff CF24 4TA3
£220K10/210.35 mi36, Arabella Street, Cardiff CF24 4TA3
£256K02/230.36 mi30, Arabella Street, Cardiff CF24 4TA3
£255K08/210.36 mi63, Strathnairn Street, Cardiff CF24 3JP3
£249.9K07/230.37 mi118, Cyfarthfa Street, Cardiff CF24 3HG3
£222K10/210.38 mi126, Glenroy Street, Cardiff CF24 3JZ3
£185K12/200.39 mi12, Donald Street, Cardiff CF24 4TQ3
£189.9K06/210.39 mi24, Croft Street, Cardiff CF24 3DZ3
£260K04/230.4 mi25, Diana Street, Cardiff CF24 4TS3
£236K03/210.41 mi136, Arran Street, Cardiff CF24 3HU3
£170K04/210.41 mi28, Letty Street, Cardiff CF24 4EL3
£227K03/210.42 mi71, Inverness Place, Cardiff CF24 4RW3
£260K10/210.42 mi28, Maindy Road, Cardiff CF24 4HP3
£225K12/200.43 mi68, Inverness Place, Cardiff CF24 4SA3
£260K07/210.43 mi118, Inverness Place, Cardiff CF24 4SA3
£222K01/210.43 mi138, Strathnairn Street, Cardiff CF24 3JQ3
£240K07/230.43 mi97, Strathnairn Street, Cardiff CF24 3JQ3
£227.5K03/230.43 mi28, Elm Street, Cardiff CF24 3QS3
£260K11/200.44 mi83, Arabella Street, Cardiff CF24 4SX3
£258K03/210.44 mi88, Arabella Street, Cardiff CF24 4TB3
£250K08/210.45 mi20, Angus Street, Cardiff CF24 3LY3
£260K04/210.45 mi35, Angus Street, Cardiff CF24 3LW3
£350K06/230.45 mi69, Partridge Road, Cardiff CF24 3QY3
£213K06/210.45 mi23, Daniel Street, Cardiff CF24 4NX3
£240K03/230.46 mi3, Gladys Street, Cardiff CF24 4HA3
£180K08/220.47 mi103, May Street, Cardiff CF24 4EZ3
£416K07/230.47 mi12, Southey Street, Cardiff CF24 3FP3
£314K03/210.48 mi89, Diana Street, Cardiff CF24 4TT3
£293.8K09/210.48 mi43, Diana Street, Cardiff CF24 4TT3
£250K03/230.49 mi75, May Street, Cardiff CF24 4EY3
£261.5K10/210.49 mi70, Diana Street, Cardiff CF24 4TW3
£255K03/210.5 mi74, Alfred Street, Cardiff CF24 4TZ3
£325K11/210.51 mi1, Essich Street, Cardiff CF24 3LT3
£310.1K08/210.51 mi9, Essich Street, Cardiff CF24 3LT3
£230K11/210.51 mi143, Inverness Place, Cardiff CF24 4RX3

Local Rents

50 rents from £1.1K/mo to £3.7K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,80012/240.05 miGlynrhondda Street, Cathays, 3
£1,42512/240.05 miMiskin Street, Cathays, CF24 4AP3
£1,50012/240.06 miMiskin Street, Cathays, CF24 4AP3
£1,65012/240.09 miRichmond Road, Roath, CF24 3BU3
£1,68012/240.16 miRussell Street, Cardiff3
£1,35012/240.16 miCity Road, Roath3
£1,57512/240.17 miRichmond Road, Cardiff3
£1,65012/240.18 miRichmond Road, Roath3
£1,45012/240.23 miArran Street, Roath, CF243
£1,48512/240.23 miRichmond Road, Roath, Cardiff3
£1,80012/240.23 miCogan Terrace, , 3
£1,57512/240.25 miRichards Street, Cardiff3
£1,40012/240.25 miCyfarthfa Street, Roath3
£1,50002/250.26 mi-3
£1,50003/250.27 mi-3
£1,50012/240.28 miAlbany Road, Roath, CF24 3RP3
£1,80012/240.29 mi-3
£1,35012/240.31 miThe Walk, Roath, Cardiff3
£1,25012/240.32 miTreharris Street, CARDIFF3
£1,50012/240.33 miCathays Terrace, Cathays, Cardiff3
£1,35002/250.34 mi-3
£1,72503/250.34 mi-3
£1,35012/240.37 miCrwys Road, Cathays, Cardiff, CF24 4NL3
£3,70002/250.4 mi-3
£2,30004/240.41 miPark View, Greyfriars Road, Cardiff3
£1,10003/240.41 mi-3
£1,60512/240.41 miArran Street, Cardiff3
£1,54512/240.42 miTreharris Street, Roath, Cardiff, CF24 3HQ3
£1,35012/240.42 miInverness Place, CARDIFF3
£1,25012/240.43 mi-3
£1,70012/240.44 miWoodville Road, Cathays3
£3,20004/240.44 miMount Stuart House, Cardiff Bay3
£1,42512/240.45 mi-3
£1,47512/240.47 miSt Martins Row, Albany Road, Roath3
£1,56012/240.47 miMay Street, Cathays, Cardiff3
£1,23011/230.49 miColum Road, Cardiff, Cardiff (County of), CF103
£1,60005/240.5 mi-3
£1,60012/240.5 miRoath, Cardiff, CF243
£1,60012/240.51 miOakfield Street, Roath, Cardiff3
£1,30012/240.52 miArabella Street, CARDIFF3
£1,85003/240.53 miLandmark Place3
£1,65012/240.53 miHirwain Street, CATHAYS, CARDIFF3
£1,75003/240.54 mi-3
£1,75004/240.54 miChurchill Way, Cardiff, CF103
£1,23003/240.54 miColum Road, Cathays, Cardiff3
£1,42512/240.54 mi-3
£2,85002/240.55 mi-3
£2,50005/240.55 mi-3
£2,50001/250.55 mi-3
£2,90003/250.55 mi-3

Local Area Statistics

Population in CF24

55,148

Population in Cardiff

357,494

Town centre distance

1.18 miles away

Nearest school

0.30 miles away

Nearest train station

0.26 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £230,000

January 28, 2025

Floor Plans

Description

  • Investment Opportunity +
  • Let Until June 2026 +
  • Income of £1500pcm +
  • Three Bedrooms +
  • Living Room +
  • First Floor Bathroom +
  • No Chain +

An excellent investment opportunity located in the heart of Cathays' sought-after 'Golden Triangle,' this property is currently let until 2026, generating a steady income of £1,500 per calendar month. With the convenience of Salisbury Road's amenities and the nearby student union just a short walk away, this property offers a fantastic purchase for investors seeking a prime location and strong rental yield. On the ground floor, the property features the first of its spacious double bedrooms, a generous living room ideal for relaxation, and a fitted kitchen/breakfast room. The kitchen is equipped with a range of units and offers ample space for appliances, making it a practical and inviting space for cooking and dining. The first floor accommodates two additional double bedrooms, both well-proportioned and versatile. The fitted bathroom suite includes a panelled bath with a shower overhead, a wash hand basin, and a WC. To the rear of the house, there is an enclosed garden, providing a private outdoor space to enjoy. We are advised by the vendor that provisions of electricity, water and sewerage are connected to a mains supply, and no materials used in construction may impact a buyer's enjoyment, mortgage availability, or insurance availability, and there are no issues or restrictions on mobile signal/coverage.

Agent Details

CPS Homes, Cardiff

020 3840 4007

Next Steps?

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