6 Bed HMO, Cardiff, CF24 4HB, £220,000

Dalton Street, Cathays, Cardiff, CF24 4HB - 18 views - 2 months ago

Sold STC
Auction
HMO
ROI: 25%
~186 m²
+7 photos

ValuationUndervalued

Sold Prices£210K - £1.4M
Sold Prices/m²£1.5K/m² - £4K/m²

 

 

Square Metres

~186 m²
Price/m²£1.2K/m²

Value Estimate

£270,600
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Total Cash In

£62,800

 

 

Cash Out

 

Room Rate

£559

Gross Rent

£3,354

Running Costs/mo

£2,024

Cashflow/mo

£1,330

Cashflow/yr

£15,958

ROI

25%

Gross Yield

18%

Local Sold Prices

20 sold prices from £210K to £1.4M, average is £637.5K. £1.5K/m² to £4K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£270K06/230.04 mi93, Crwys Road, Cardiff CF24 4NF6
£270K05/210.09 mi23, Tewkesbury Street, Cardiff CF24 4QQ6
£410K05/230.12 mi1, Pentyrch Street, Cardiff CF24 4JW6
£270K10/210.21 mi4, Treorchy Street, Cardiff CF24 4JP6
£270K10/210.21 mi4, Treorchy Street, Cardiff CF24 4JP6
£395K10/210.25 mi1a, Catherine Street, Cardiff CF24 4EF6
£210K06/210.29 mi232, Mackintosh Place, Cardiff CF24 4RT6
£915K03/230.53 mi44, Ty-draw Road, Penylan, Cardiff CF23 5HD6
£700K05/210.75 mi81, Lake Road West, Cardiff CF23 5PH6
£1.4M06/230.8 mi28, Ty Gwyn Road, Penylan, Cardiff CF23 5JF6
£600K07/230.89 mi3, Dyfrig Street, Cardiff CF11 9LR6
£960K03/230.99 mi24, Plasturton Gardens, Cardiff CF11 9HF6
£865K09/220.99 mi20, Plasturton Gardens, Cardiff CF11 9HF6
£650K12/221.02 mi16, Cyncoed Road, Cardiff CF23 5SG6
£835K05/211.09 mi8, Brynteg Close, Cardiff CF23 6AS6
£568K03/211.62 mi304, Heathwood Road, Cardiff CF14 4HT6
£874K02/211.69 mi129, Pencisely Road, Cardiff CF5 1DL6
£790K05/231.69 mi7, Chargot Road, Cardiff CF5 1EW6
£625K06/211.72 mi60, Milestone Close, Cardiff CF14 4NQ6
£1.2M03/231.84 mi6, The Avenue, Llandaff, Cardiff CF5 2LQ6

Local Area Statistics

Population in CF24

55,148

Population in Cardiff

357,494

Town centre distance

0.66 miles away

Nearest school

0.20 miles away

Nearest train station

0.46 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £220,000

January 29, 2025

Floor Plans

Description

  • FOR SALE BY ONLINE AUCTION +
  • 6 WEEKS’ COMPLETION +
  • Terraced house +
  • Six lettable bedrooms subject to HMO licence +
  • Requires refurbishment +
  • Vacant freehold +

A vacant terraced property offering the potential for six lettable rooms, subject to an HMO licence. In need of refurbishment throughout, the property is situated near Cardiff city centre, providing convenient access to Cardiff Station and Cardiff University.

Agent Details

Moginie James, Roath

029 2271 0655

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪