3 Bed Flat, Single Let, Cardiff, CF10 2HS, £280,000

Landmark Place, Churchill Way, Cardiff, CF10 2HS - 2 views - 2 months ago

Leasehold

BTL

ROI: 1%

~93 m²

+6 photos

ValuationOvervalued

Sold Prices	£120K - £485K
Sold Prices/m²	£1.1K/m² - £3.4K/m²

Square Metres	~93 m²
Price/m²	£3K/m²
Value Estimate	£174,464£174,464

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£70,000£70,000
Stamp Duty & Legal Fees	£11,100£11,100
Total Cash In	£81,100£81,100

Cash Out
Rent Range	£1,100 - £3,200£1,100 - £3,200
Rent Estimate	£1,164
Running Costs/mo	£1,128£1,128
Cashflow/mo	£36£36
Cashflow/yr	£434£434
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

17 sold prices from £120K to £485K, average is £205K. £1.1K/m² to £3.4K/m², average is £1.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£210K	10/20	0.47 mi	Flat 20, Roxby Court, Craiglee Drive, Cardiff CF10 4AG	-	-	3	Flat
£192K	08/21	0.77 mi	20, Clare Street, Cardiff CF11 6BB	£1,083	177	3	Flat
£205K	12/22	1.12 mi	15, Judkin Court, Cardiff CF10 5AU	£2,253	91	3	Flat
£485K	06/21	1.17 mi	Apartment 3, Magnolia, Cathedral Road, Cardiff CF11 9QH	-	-	3	Flat
£341K	04/21	1.26 mi	1a, Ty Draw Place, Cardiff CF23 5HF	£2,818	121	3	Flat
£215K	07/23	1.78 mi	17, Kestell Drive, Cardiff CF11 7BF	£2,020	106	3	Flat
£187K	09/21	1.81 mi	148, Campbell Drive, Cardiff CF11 7TQ	£1,732	108	3	Flat
£205K	02/21	1.81 mi	142, Campbell Drive, Cardiff CF11 7TQ	£1,680	122	3	Flat
£120K	01/21	2.59 mi	Flat 11, Downton Grange, New Road, Rumney, Cardiff CF3 3BW	-	-	3	Flat
£191.2K	12/20	2.63 mi	308, Heathwood Road, Heath, Cardiff CF14 4HT	£2,148	89	3	Flat
£145K	10/20	2.67 mi	3, Little Dock Street, Penarth, The Vale Of Glamorgan CF64 2JT	£1,510	96	3	Flat
£145K	06/21	2.68 mi	2, Queens Road, Penarth, The Vale Of Glamorgan CF64 1DH	£1,301	111	3	Flat
£230K	04/23	2.7 mi	Flat 3, Androvan Court, Hollybush Road, Cardiff CF23 6TF	-	-	3	Flat
£475K	03/21	2.74 mi	12, Pembroke Terrace, Penarth, The Vale Of Glamorgan CF64 1DE	£3,369	141	3	Flat
£255K	03/23	2.93 mi	70, Fishguard Road, Llanishen, Cardiff CF14 5PR	-	-	3	Flat
£186K	09/21	2.93 mi	Flat 5, Colwyn House, Bishops Close, Whitchurch, Cardiff CF14 1PF	-	-	3	Flat
£255K	05/23	2.94 mi	Flat 6, St. Donats House, Kymin Road, Penarth, The Vale Of Glamorgan CF64 1AS	-	-	3	Flat

Local Rents

50 rents from £1.1K/mo to £3.2K/mo, average is £1.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,750	03/24	0 mi	-	3	Flat
£1,750	04/24	0 mi	Churchill Way, Cardiff, CF10	3	Flat
£1,850	03/24	0.02 mi	Landmark Place	3	Flat
£2,200	04/24	0.08 mi	Landmark Place, Churchill Way	3	Flat
£2,470	03/24	0.13 mi	Charles Street, Cardiff(City), CF10	3	Flat
£2,470	03/24	0.13 mi	Charles Street, Cardiff(City), CF10	3	Flat
£3,200	04/24	0.2 mi	Mount Stuart House, Cardiff Bay	3	Flat
£1,350	12/24	0.25 mi	The Walk, Roath, Cardiff	3	Flat
£2,300	04/24	0.27 mi	Park View, Greyfriars Road, Cardiff	3	Flat
£1,600	03/24	0.3 mi	David Morgan Apartments, Cardiff City Centre, Cardiff	3	Flat
£1,500	12/24	0.32 mi	Augusta Street, Cardiff	3	Terraced House
£1,290	12/24	0.33 mi	Moira Place, Adamsdown, CF24 0ER	3	Terraced House
£1,500	03/24	0.34 mi	-	3	Terraced House
£1,500	12/24	0.34 mi	Augusta Street, Cardiff, CF24	3	Terraced House
£1,500	12/24	0.34 mi	Augusta Street, Adamsdown	3	Terraced House
£1,185	03/24	0.34 mi	St Mary Street, Cardiff	3	Flat
£1,350	03/24	0.34 mi	St Mary Street, Cardiff	3	Flat
£1,350	03/24	0.34 mi	St Mary Street, Cardiff	3	Flat
£1,350	03/24	0.34 mi	St Mary Street, Cardiff	3	Flat
£2,145	03/24	0.37 mi	St. Mary Street, Cardiff	3	Flat
£2,145	03/24	0.37 mi	St. Mary Street, Cardiff	3	House
£1,200	12/24	0.39 mi	Meteor Street, Splott, CF24	3	Terraced House
£1,200	03/25	0.4 mi	-	3	Flat
£1,100	04/24	0.44 mi	Westgate Street, City Centre	3	Flat
£2,435	03/24	0.46 mi	Wood Street, Cardiff(City), CF10	3	Flat
£2,580	03/24	0.46 mi	Wood Street, Cardiff(City), CF10	3	Flat
£2,160	03/24	0.46 mi	Wood Street, Cardiff(City), CF10	3	Flat
£2,435	03/24	0.46 mi	Wood Street, Cardiff(City), CF10	3	Flat
£2,580	03/24	0.46 mi	Wood Street, Cardiff(City), CF10	3	Flat
£2,160	03/24	0.46 mi	Wood Street, Cardiff(City), CF10	3	Flat
£2,435	03/24	0.46 mi	Wood Street, Cardiff(City), CF10	3	Flat
£2,580	03/24	0.46 mi	Wood Street, Cardiff(City), CF10	3	Flat
£2,620	04/24	0.46 mi	Wood Street, Cardiff(City), CF10	3	Flat
£2,435	04/24	0.46 mi	Wood Street, Cardiff(City), CF10	3	Flat
£2,435	04/24	0.46 mi	Wood Street, Cardiff(City), CF10	3	Flat
£2,435	04/24	0.46 mi	Wood Street, Cardiff(City), CF10	3	Flat
£1,350	05/24	0.47 mi	Craiglee Drive, CARDIFF	3	Terraced House
£1,600	03/24	0.48 mi	Llansannor Drive, Cardiff Bay	3	Flat
£1,500	04/24	0.48 mi	Westgate Street, City Centre, Cardiff	3	Flat
£1,350	12/24	0.48 mi	System Street, Cardiff(City), CF24	3	Terraced House
£1,350	12/24	0.49 mi	System Street, Cardiff ,	3	Terraced House
£1,500	12/24	0.49 mi	Miskin Street, Cathays, CF24 4AP	3	Flat
£1,800	04/24	0.5 mi	Westgate Street, CARDIFF	3	Flat
£1,425	12/24	0.5 mi	Miskin Street, Cathays, CF24 4AP	3	Flat
£1,800	12/24	0.51 mi	Glynrhondda Street, Cathays,	3	Flat
£1,500	03/24	0.52 mi	Dunraven House, Westgate Street, Cardiff	3	Flat
£1,680	12/24	0.53 mi	Russell Street, Cardiff	3	Terraced House
£1,650	12/24	0.53 mi	Richmond Road, Roath, CF24 3BU	3	Flat
£1,100	03/24	0.55 mi	-	3	Terraced House
£1,400	12/24	0.58 mi	Cyfarthfa Street, Roath	3	Terraced House

Local Area Statistics

Population in CF10	15,45015,450
Population in Cardiff	357,494357,494
Town centre distance	1.66 miles away1.66 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.04 miles away0.04 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	+39%+39%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+10%+10%

Property History

Listed for £280,000

January 31, 2025

Floor Plans

Description

Generous living accommodation including a separate kitchen +
Newly renovated to a high standard +
City views from all rooms +
Allocated, secure, gated parking +
24 hour concierge on-site +
Offered with no onward chain +
EPC Rating = D +

An excellent example of a quality apartment with views in the City Centre of Cardiff.

Description

The front door opens onto a generous hallway with two storage cupboards, one housing the hot water tank, and leads to the living room. Uniquely set with triple aspect and City views, it is a large room with ample space for seating and dining areas.

The separate, fully fitted kitchen boasts a combination of wall and base units with worktops over. Integrated appliances include an oven, microwave, hob with extractor over, washing machine and 1.5 bowl sink and drainer.

The principal bedroom has fitted wardrobes and an en suite shower room with double shower. Bedrooms two and three comfortably fit double beds and all rooms have differing aspects of the City.

The family bathroom has a suite comprising bath with shower over, wc and wash hand basin.

The apartment has been tastefully renovated throughout and can be sold including the furniture, subject to agreement.

There is allocated, covered gated parking included and fob entry to the apartments. There is also a 24 hour concierge on site.

Location

Landmark Place is a well-regarded development of apartments in the City Centre of Cardiff boasting 24 hour concierge and secure gated parking,

The apartment is approached via a communal entrance which is serviced by the concierge and can be found on the 5th floor.

Square Footage: 1,300 sq ft
Leasehold with approximately 975 years remaining.

Additional Info

999 year lease from November 2000.

Service charge £5870 per annum

Ground rent £387.50 per annum plus £75 for the parking space

Ground rent review every 21 years, next in 2042

Agent Details

Savills, Cardiff

029 2271 0472

Next Steps?

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

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