2 Bed Terraced House, Single Let, Cardiff, CF10 5EG, £245,000

Brickworks, Trade Street, Butetown, Cardiff, CF10 5EG - 1 views - 2 months ago

Leasehold
BTL
ROI: 8%
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£146K - £265K
Sold Prices/m²£1.4K/m² - £4.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.6K/m²

Value Estimate

£188,201

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£8,550

Total Cash In

£69,800

 

 

Cash Out

 

Rent Range

£1,425 - £1,927

Rent Estimate

£1,550

Running Costs/mo

£1,096

Cashflow/mo

£454

Cashflow/yr

£5,453

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £146K to £265K, average is £209.8K. £1.4K/m² to £4.7K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£233K01/230.33 mi25, Llanbradach Street, Cardiff CF11 7AD2
£220K06/210.38 mi66, Clare Road, Cardiff CF11 6RT2
£190K06/230.39 mi54, Corporation Road, Cardiff CF11 7AU2
£199K02/210.4 mi16, Clare Road, Cardiff CF11 6RS2
£170.5K05/230.42 mi15, Chester Street, Cardiff CF11 6PY2
£200K05/210.42 mi10, Allerton Street, Cardiff CF11 6SJ2
£245K04/220.43 mi10, Craiglee Drive, Cardiff CF10 4BN2
£245K01/210.43 mi44, Craiglee Drive, Cardiff CF10 4BN2
£250K10/210.43 mi41, Craiglee Drive, Cardiff CF10 4BN2
£265K11/220.43 mi5, Craiglee Drive, Cardiff CF10 4BN2
£195K08/210.45 mi22, Warwick Street, Cardiff CF11 6PW2
£210K03/210.45 mi9, Warwick Street, Cardiff CF11 6PW2
£155K05/230.45 mi2, Warwick Street, Cardiff CF11 6PW2
£203K01/210.45 mi20, Warwick Street, Cardiff CF11 6PW2
£220K07/230.45 mi41, Warwick Street, Cardiff CF11 6PW2
£229K05/230.46 mi15, Dorset Street, Cardiff CF11 6PS2
£160K06/210.46 mi24, Dorset Street, Cardiff CF11 6PS2
£201.5K12/200.46 mi21, Dorset Street, Cardiff CF11 6PS2
£146K06/210.48 mi64, Reresby Court, Cardiff CF10 5NR2
£210.5K12/220.48 mi9, Devon Place, Cardiff CF11 6PR2
£166K12/200.48 mi14, Devon Place, Cardiff CF11 6PR2
£235K05/210.48 mi22, Celerity Drive, Cardiff CF10 4BJ2
£230.3K02/230.49 mi45, Rutland Street, Cardiff CF11 6TD2
£202.5K04/210.5 mi13, Bishop Street, Cardiff CF11 6PG2
£160K04/210.5 mi10, Bishop Street, Cardiff CF11 6PG2
£191K12/200.5 mi12, Bishop Street, Cardiff CF11 6PG2
£180K11/200.51 mi27, Jubilee Street, Cardiff CF11 6ST2
£225K06/220.51 mi6, Mervinian Close, Cardiff CF10 4BU2
£212K11/220.52 mi17 Haxby Court, Felbridge Close, Cardiff CF10 4BH2
£170K12/200.54 mi32, Compton Street, Cardiff CF11 6SX2
£165K02/230.54 mi27, North Clive Street, Cardiff CF11 6NQ2
£226K01/230.55 mi7, Tynant Street, Cardiff CF11 6PJ2
£190.5K06/210.55 mi21, Tynant Street, Cardiff CF11 6PJ2
£210K02/210.56 mi30, St Fagans Street, Cardiff CF11 7LH2
£155K11/200.56 mi6, Somerset Street, Cardiff CF11 6SY2
£240K01/230.6 mi37, Wedmore Road, Cardiff CF11 6SH2
£166K10/210.6 mi31, Wedmore Road, Cardiff CF11 6SH2
£182K03/210.6 mi29, Wedmore Road, Cardiff CF11 6SH2
£187K06/210.61 mi19, Craddock Street, Cardiff CF11 6EX2
£190K10/210.61 mi31, Sevenoaks Street, Cardiff CF11 7ER2
£230K07/230.63 mi68, Avondale Gardens South, Cardiff CF11 7DZ2
£209.5K03/230.63 mi43, Avondale Gardens, Cardiff CF11 7DY2
£220K12/220.66 mi65, Kent Street, Cardiff CF11 7DN2
£216K11/210.66 mi60, Kent Street, Cardiff CF11 7DN2
£190K05/210.69 mi7, Waterford Close, Cardiff CF11 8JN2
£228K02/210.69 mi15, Pomeroy Street, Cardiff CF10 5GS2
£250K03/220.7 mi5, Pomeroy Street, Cardiff CF10 5GS2
£231K02/220.7 mi38, Hunter Street, Cardiff CF10 5GX2
£249K06/210.7 mi26, Hunter Street, Cardiff CF10 5GX2
£242K03/210.7 mi18, Hunter Street, Cardiff CF10 5GX2

Local Rents

50 rents from £1.4K/mo to £1.9K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,55004/240.03 miApartment 34 Brickworks, Trade Street, Cardiff, CF10 5EG2
£1,42504/240.03 miApartment 19, Brickworks, Trade Street, Cardiff, CF10 5EG2
£1,85503/240.09 mi Dumballs Road, Cardiff(City), CF102
£1,85503/240.09 mi Dumballs Road, Cardiff(City), CF102
£1,44503/240.1 mi-2
£1,90503/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,88503/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,76003/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,76003/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,71503/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,65003/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,65503/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,60003/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,58003/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,73003/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,79003/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,59003/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,58003/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,59003/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,60003/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,65503/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,71503/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,73003/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,79003/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,88503/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,64203/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,69703/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,92703/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,64203/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,69703/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,92703/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,92703/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,69703/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,64203/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,92703/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,69703/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,64203/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,92703/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,69703/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,64203/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,92703/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,69703/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,64203/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,92703/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,69703/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,64203/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,92704/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,69704/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,64204/240.11 mi Dumballs Road, Cardiff(City), CF102
£1,69704/240.11 mi Dumballs Road, Cardiff(City), CF102

Local Area Statistics

Population in CF10

15,450

Population in Cardiff

357,494

Town centre distance

2.06 miles away

Nearest school

0.20 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+39%

Sales demand

Buyer's market

Capital growth (5yrs)

+10%

Property History

Listed for £245,000

February 5, 2025

Floor Plans

Description

  • NO CHAIN +
  • Two Double Bedrooms +
  • Allocated Parking Space +
  • Close to City Centre +
  • Private Terrace +
  • Fantastic Investment Opportunity +
  • EPC Rating B +

DESCRIPTION FANTASTIC CITY CENTRE APARTMENT* NO CHAIN MGY are pleased to present for sale a spacious light filled two bedroom, second floor apartment, located in the popular Brickworks development. The development boasts a fantastic position, in the heart of the city centre. The accommodation comprises of open plan lounge, diner, kitchen, two double bedrooms, one with en-suite, main shower room, private terrace and electric heating throughout. The property further benefits from an allocated parking space. Viewing highly recommended. 

ENTRANCE HALL Entered via wooden door, with security spy hole. Spacious hallway. Engineered wood flooring. Wall mounted lighting. Storage cupboard, housing hot water tank installed November 2021. Wall mounted electric panel heater. Doors to all rooms. 

LOUNGE/DINER/KITCHEN 22' 8" x 11' 2" (6.93m x 3.42m) Double glazed French doors to front with Juliette balcony. Ample natural daylight. LVT flooring. Modern fitted kitchen, with base and wall units and work surfaces incorporating stainless steel sink and drainer, with mixer tap. Integrated electric oven and four ring induction hob, with extractor over and tiled splashback. Integrated dishwasher and fridge freezer. Two wall mounted electric panel heaters. TV Aerial point. Telephone point. Spotlights. Open Plan living and space for Dining. 

BEDROOM ONE 14' 7" x 9' 9" (4.45m x 2.99m) Double bedroom. LVT flooring. Double glazed window and door to front with access to private terrace. Wall mounted electric panel heater. TV point. Door to ensuite: 

ENSUITE 7' 8" x 4' 7" (2.35m x 1.41m) Excellent modern suite comprising: walk in double shower cubicle, with glass door and mains rainfall shower with additional shower attachment and tiled splashbacks, plus contemporary wall mounted wash hand basin with mixer tap over. W.C. LVT flooring. Part tiled walls. Heated towel rail. Shaver point. Extractor fan. Spotlights. 

BEDROOM TWO 13' 3" x 10' 9" (4.04m x 3.29m) A second double bedroom. Double glazed window to front. LVT flooring. Wall mounted electric panel heater. TV point. 

SHOWER ROOM 7' 2" x 5' 4" (2.20m x 1.65m) Excellent modern suite comprising: walk in double shower cubicle, with glass door and mains rainfall shower with additional shower attachment and tiled splashbacks, plus contemporary wall mounted wash hand basin with mixer tap over. W.C. LVT flooring. Part tiled walls. Heated towel rail. Shaver point. Extractor fan. Spotlights. 

TERRACE Large decked terrace, with glass surround. Accessed from bedroom one. 

PARKING Gated access to an allocated parking space. 

TENURE MGY are advised that the property is leasehold, with a term of 125 years from 2019. Service charges approx. £2,280 per annum, which includes water rates, building insurance, security entry intercom system, secure fob access, CCTV, lift maintenance, maintenance of internal and external communal areas, regular cleaning and refuse disposal, secure gated fob access to an allocated parking space and bike storage. Includes access to communal resident recreational area on 5th Floor (table tennis and seating with views West) and on-site building caretaker. Ground rent £235 per annum.

Agent Details

MGY, Cardiff

029 2271 1494

Next Steps?

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