2 Bed Flat, Single Let, Cardiff, CF10 4DB, £189,950

Minori House, Ffordd Garthorne, Cardiff, CF10 4DB - 2 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£110K - £262K
Sold Prices/m²£1.9K/m² - £3.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.8K/m²

Value Estimate

£162,296

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,488

Stamp Duty & Legal Fees

£6,899

Total Cash In

£54,386

 

 

Cash Out

 

Rent Range

£825 - £2,250

Rent Estimate

£928

Running Costs/mo

£799

Cashflow/mo

£129

Cashflow/yr

£1,546

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £110K to £262K, average is £169K. £1.9K/m² to £3.3K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£145K07/210.03 miFlat 9, Amalfi House, Ffordd Garthorne, Cardiff CF10 4DA2
£178K06/230.03 miFlat 3, Forio House, Ffordd Garthorne, Cardiff CF10 4DD2
£180K10/200.03 miFlat 29, Forio House, Ffordd Garthorne, Cardiff CF10 4DD2
£152K10/200.06 miFlat 16, Livorno House, Ffordd Garthorne, Cardiff CF10 4DE2
£147K02/210.06 miFlat 12, Livorno House, Ffordd Garthorne, Cardiff CF10 4DE2
£137K01/210.07 miFlat 1, Livorno House, Ffordd Garthorne, Cardiff CF10 4DE2
£139K10/200.07 miFlat 11, Livorno House, Ffordd Garthorne, Cardiff CF10 4DE2
£165K03/230.09 miFlat 55, Rimini House, Ffordd Garthorne, Cardiff CF10 4DH2
£150K04/210.09 miFlat 52, Rimini House, Ffordd Garthorne, Cardiff CF10 4DH2
£177.5K09/210.21 mi113, Henke Court, Cardiff CF10 4EJ2
£188.5K03/210.21 mi117, Henke Court, Cardiff CF10 4EJ2
£162K12/220.24 mi56, Reresby Court, Cardiff CF10 5NR2
£147.5K04/210.24 mi19, Reresby Court, Cardiff CF10 5NR2
£156.6K09/230.24 mi13, Reresby Court, Cardiff CF10 5NR2
£152K02/210.24 mi49, Reresby Court, Cardiff CF10 5NR2
£165K08/230.24 mi32, Reresby Court, Cardiff CF10 5NR2
£146K06/210.24 mi64, Reresby Court, Cardiff CF10 5NR2
£132.8K04/210.24 mi32, Reresby Court, Cardiff CF10 5NR2
£152.5K10/210.24 mi10, Reresby Court, Cardiff CF10 5NR2
£152.5K02/210.24 mi61, Reresby Court, Cardiff CF10 5NR2
£185K03/210.24 mi106, Henke Court, Cardiff CF10 4EG2
£165K12/200.24 mi57, Corvette Court, Cardiff CF10 4NN2
£173K10/200.24 mi50, Corvette Court, Cardiff CF10 4NN2
£190K05/230.24 mi50, Corvette Court, Cardiff CF10 4NN2
£147K05/210.24 mi45, Carlotta Way, Cardiff CF10 5FY2
£152K03/210.24 mi18, Carlotta Way, Cardiff CF10 5FY2
£150K05/210.24 mi15, Carlotta Way, Cardiff CF10 5FY2
£186K09/230.24 mi146, Henke Court, Cardiff CF10 4EL2
£140K12/200.24 mi40 The Granary, Magretian Place, Cardiff CF10 4BR2
£188K02/230.25 mi13 The Granary, Magretian Place, Cardiff CF10 4BR2
£175.5K07/230.25 mi37 The Granary, Magretian Place, Cardiff CF10 4BR2
£245K08/210.26 mi9, Henke Court, Cardiff CF10 4EB2
£245K08/210.26 mi9, Henke Court, Cardiff CF10 4EB2
£262K11/220.26 mi24, Henke Court, Cardiff CF10 4EB2
£235K03/210.26 mi74, Henke Court, Cardiff CF10 4EB2
£260K04/230.26 mi76, Henke Court, Cardiff CF10 4EB2
£179.2K10/200.27 mi94, Henke Court, Cardiff CF10 4EB2
£230K03/210.27 mi47, Henke Court, Cardiff CF10 4EB2
£254K12/220.28 mi40, Henke Court, Cardiff CF10 4EB2
£245K12/220.28 mi11, Henke Court, Cardiff CF10 4EB2
£185K09/230.28 mi23, Corvette Court, Cardiff CF10 4NL2
£160K07/210.29 miApartment 16, Amity Court, Longueil Close, Cardiff CF10 4EA2
£186K07/210.29 miApartment 9, Amity Court, Longueil Close, Cardiff CF10 4EA2
£190K01/230.29 mi61, Judkin Court, Cardiff CF10 5AU2
£110K02/210.35 miFlat 13, Kirkby Court, Craiglee Drive, Cardiff CF10 4BS2
£234.9K10/210.36 mi104, Judkin Court, Cardiff CF10 5AX2
£233K04/230.36 mi102, Judkin Court, Cardiff CF10 5AX2
£230K01/230.36 mi156, Judkin Court, Cardiff CF10 5AX2
£123K08/210.37 mi36, Harrowby Street, Cardiff CF10 5GA2
£140K03/210.37 mi90, Harrowby Street, Cardiff CF10 5GA2

Local Rents

50 rents from £825/mo to £2.3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20003/240.03 miAmalfi House, Ffordd Garthorne, Cardiff Bay2
£1,07505/240.06 miLivorno House, Lloyd George Avenue.2
£1,20005/240.06 miAmalfi House, Lloyd George Avenue, 2
£1,00004/240.09 miFfordd Garthorne, CARDIFF2
£97503/240.11 miAprilia House, Lloyd George Avenue, Cardiff Bay2
£1,35004/240.13 mi-2
£1,35005/240.13 miCymric Buildings, Cardiff, CF102
£82503/240.13 miCymric Buildings, Cardiff Bay2
£1,00004/240.14 miAprilia House, Ffordd Garthorne, Cardiff Bay2
£1,25005/240.14 miHalliard Court, Cardiff Bay,2
£1,19503/240.15 miHalliard Court, Cardiff Bay2
£1,25003/240.16 miWest Bute Street, CARDIFF2
£1,20003/240.16 miWest Bute Street, CARDIFF2
£1,20003/240.16 miWest Bute Street, CARDIFF2
£1,20003/240.16 miCymric Buildings, West Bute Street, Cardiff, CF10 5LL2
£1,15003/240.16 miHalliard Court, Barquentine Place2
£85004/240.16 miHalliard Court, Cardiff2
£1,30005/240.16 miEmpire House, Cardiff Bay2
£2,25003/240.17 miMount Stuart Square, Cardiff, CF102
£1,85004/240.17 miMount Stuart Square, Cardiff, CF102
£2,25003/240.17 mi-2
£1,85005/240.17 mi-2
£1,20004/240.17 miBarquentine Place, Cardiff Bay2
£1,10003/240.18 miSt James Mansions, Mount Stuart Square, Cardiff Bay2
£97502/240.19 mi-2
£97503/250.19 mi-2
£1,00004/240.19 miAprilia House, Lloyd George Avenue2
£2,00003/240.2 mi-2
£2,00005/240.2 mi-2
£99504/240.2 miGalleon Way, Cardiff Bay2
£1,20004/240.21 miSt Stephens Mansions, Mount Stuart Square, Cardiff Bay2
£1,10004/240.21 miHenke Court, Cardiff Bay2
£1,05003/240.21 miBarquentine Place, Cardiff Bay2
£1,20003/240.21 miCadogan House, Cardiff Bay2
£1,10004/240.21 miCadogan House, Cardiff Bay2
£1,20003/240.21 miCadogan House, Cardiff Bay2
£1,10003/240.21 miHenke Court, Cardiff Bay, CARDIFF2
£1,30005/240.22 miGalleon Way, Cardiff Bay, Cardiff2
£1,00003/240.22 miHenke Court, Atlantic Wharf, Cardiff Bay, CF102
£1,10012/240.22 miWindlass Court, Atlantic Wharf, Cardiff Bay2
£1,25005/240.22 miThe Granary, Magretian Place, Cardiff2
£90005/240.22 miWindlass Court, Atlantic Wharf, Cardiff Bay2
£1,00004/240.23 miHenke Court, Schooner Way, Cardiff Bay2
£1,35005/240.23 miSchooner Wharf, Cardiff Bay2
£1,40004/240.23 miSchooner Drive, Cardiff2
£1,25003/240.23 miSchooner Wharf, Schooner Way, Cardiff Bay2
£1,12504/240.23 miSchooner Wharf, Atlantic Wharf, Cardiff Bay2
£1,15003/240.23 miReresby Court, Cardiff2
£1,27503/250.23 mi-2
£1,20003/240.24 miThe Waterquarter, Galleon Way, Cardiff Bay2

Local Area Statistics

Population in CF10

15,450

Population in Cardiff

357,494

Town centre distance

2.58 miles away

Nearest school

0.30 miles away

Nearest train station

0.07 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+39%

Sales demand

Buyer's market

Capital growth (5yrs)

+10%

Property History

Listed for £189,950

February 6, 2025

Floor Plans

Description

  • IMMACULATELY PRESENTED +
  • Two Double Bedrooms, First Floor +
  • Walking Distance to Mermaid Quay & City Centre +
  • Gas Central Heating +
  • Low Service Charges +
  • Allocated Parking Space +
  • EPC Rating C +

DESCRIPTION IDEAL FIRST TIME PURCHASE* IMMACULATELY PRESENTED MGY are pleased to present for sale, a spacious two bedroom, first floor apartment situated within the popular location of Lloyd George Avenue. The apartment is within walking distance to the City Centre and Cardiff Bay and comprises entrance hall to living room, large modernised Howdens kitchen, two double bedrooms, one with en-suite and main bathroom. The property further benefits from double glazing throughout with dual aspect and bay windows, gas central heating, security entry intercom system, gated access to an allocated parking space and visitor parking. Viewing highly recommended.  

ENTRANCE HALL Entered via wooden door, with security spy hole. Carpeted flooring. Wall mounted intercom system. Storage cupboard, with wooden double doors. Wall mounted radiator. Spotlights.  

LIVING ROOM 17' 4" x 13' 8" (5.29m x 4.18m) Double glazed uPVC bay windows, to front aspect. Ample natural daylight. Carpeted flooring. T.V Aerial point. Telephone point. Wall mounted radiator. Spotlights.  

SEPARATE KITCHEN 10' 9" x 9' 6" (3.29m x 2.92m) Modernised 'Howdens' kitchen. Double glazed uPVC windows, to rear aspect. Vinyl tile effect flooring. Part tiled walls. Modern fitted units, with work surfaces incorporating composite sink. Ample storage. Under unit lighting. Built in oven, four ring electric induction hob and extractor hood over. Cupboard housing Combi boiler. Integrated dishwasher. Space for fridge freezer and washing machine. Breakfast bar, with space for two breakfast stools. Extractor fan. Wall mounted radiator. Spotlights.  

MASTER BEDROOM 14' 11" x 10' 0" (4.56m x 3.07m) Large double glazed uPVC windows, to front aspect. Ample natural daylight. Carpeted flooring. Large fitted wardrobes. T.V Aerial point. Telephone point. Wall mounted radiator. Spotlights. Door to:-  

EN-SUITE 6' 6" x 3' 10" (2.00m x 1.19m) Vinyl tile effect flooring. Part tiled walls. Shower cubicle. Pedestal wash hand basin. Large wall mounted mirror. W.C. Shaver point. Heater. Extractor fan. Spotlights.  

BEDROOM TWO 10' 0" x 9' 3" (3.07m x 2.83m) Double glazed uPVC windows, to rear aspect. Double bedroom. Carpeted flooring. Large fitted wardrobes. T.V Aerial point. Telephone point. Wall mounted radiator. Spotlights.  

BATHROOM 6' 6" x 6' 2" (2.00m x 1.89m) Vinyl tile effect flooring. Part tiled walls. Panelled bath, with shower over and glass shower screen. Vanity enclosed wash hand basin. W.C. Wall mounted radiator. Extractor fan. Large wall mounted mirror. Spotlights.  

PARKING Secure gated access to one allocated parking space. Visitor parking.  

TENURE MGY are advised that the property is leasehold, with a term of 150 years from 2000. Service charges of £1943.36 per annum, which includes building insurance, water rates, security entry intercom system, bike storage, maintenance of internal and external communal areas, regular cleaning and refuse disposal, secure barrier access to an allocated parking space, visitor parking and parking management. Ground rent £174.34 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 💪