2 Bed Flat, Single Let, Cardiff, CF3 4AN, £115,000

Cranleigh Rise, Rumney, Cardiff. CF3 4AN - 2 months ago

Sold STC
Leasehold
BTL
ROI: 11%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£70K - £170K
Sold Prices/m²£946/m² - £2.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.7K/m²

Value Estimate

£130,729
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£4,650

Total Cash In

£33,400

 

 

Cash Out

 

Rent Range

£800 - £2,000

Rent Estimate

£850

Running Costs/mo

£549

Cashflow/mo

£301

Cashflow/yr

£3,608

ROI

11%

Gross Yield

9%

Local Sold Prices

50 sold prices from £70K to £170K, average is £122.8K. £946/m² to £2.6K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£112K01/240.02 miSutherland Court, Flat 16, Cranleigh Rise, Rumney, Cardiff CF3 4AP2
£136K09/220.02 miFlat 20, Lancaster Court, Cranleigh Rise, Rumney, Cardiff CF3 4AP2
£125K02/210.07 mi66, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£115K11/220.07 mi10, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£116K07/210.07 mi34, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£123K05/230.07 mi22, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£114K05/210.07 mi44, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£120K02/230.07 miCumberland Court, 44, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£128K04/210.08 mi77, Kennerleigh Road, Cardiff CF3 4BG2
£128K11/230.08 mi33, Kennerleigh Road, Cardiff CF3 4BG2
£128K12/200.08 mi27, Kennerleigh Road, Cardiff CF3 4BG2
£128K04/210.1 mi77, Kennerleigh Road, Cardiff CF3 4BG2
£132.5K06/210.11 mi69, Kennerleigh Road, Cardiff CF3 4BG2
£122.5K11/200.12 mi96, Lynmouth Crescent, Rumney, Cardiff CF3 4AW2
£113K09/220.13 miLynton Court, 6, Lynmouth Crescent, Rumney, Cardiff CF3 4AT2
£107K09/220.13 miSeaton Court, 9, Lynmouth Crescent, Rumney, Cardiff CF3 4AT2
£112K07/230.13 miBarnstaple Court, 38, Lynmouth Crescent, Rumney, Cardiff CF3 4AT2
£70K09/230.13 mi80, Kennerleigh Road, Cardiff CF3 4BJ2
£120K12/200.13 mi96, Kennerleigh Road, Cardiff CF3 4BJ2
£125K05/210.14 mi54, Kennerleigh Road, Cardiff CF3 4BJ2
£125K07/230.14 mi24, Chulmleigh Close, Cardiff CF3 4BL2
£118K11/200.14 mi17, Chulmleigh Close, Cardiff CF3 4BL2
£125K04/230.14 mi11, Chulmleigh Close, Cardiff CF3 4BL2
£140K09/210.15 mi97, Kennerleigh Road, Cardiff CF3 4BH2
£125K11/230.15 mi56, Lynmouth Crescent, Rumney, Cardiff CF3 4AU2
£150K08/230.25 mi35, Wentloog Close, Rumney, Cardiff CF3 3HB2
£140K06/230.25 mi43, Wentloog Close, Rumney, Cardiff CF3 3HB2
£133K12/200.25 mi41, Wentloog Close, Rumney, Cardiff CF3 3HB2
£135K09/210.26 mi17, Wentloog Close, Rumney, Cardiff CF3 3HA2
£135K12/200.6 mi26, Witla Court Road, Rumney, Cardiff CF3 3LT2
£85K09/230.63 miFlat 6, Downton Grange, New Road, Rumney, Cardiff CF3 3BW2
£90K05/210.64 mi172, Greenway Road, Rumney, Cardiff CF3 3PN2
£105K04/230.84 mi22, Chapel Wood, Llanedeyrn, Cardiff CF23 9EE2
£110K07/210.85 mi53, Glan Rhymni, Splott, Cardiff CF24 2TW2
£119K10/200.85 mi87, Glan Rhymni, Splott, Cardiff CF24 2TW2
£119K03/210.85 mi43, Glan Rhymni, Splott, Cardiff CF24 2TW2
£137K11/220.86 mi21, Cwrt Coles, Cardiff CF24 2RY2
£123K09/230.87 mi59, Woolacombe Avenue, Llanrumney, Cardiff CF3 4TD2
£137.5K09/220.89 mi91, Cwrt Boston, Cardiff CF24 2SF2
£133K10/210.89 mi95, Cwrt Boston, Cardiff CF24 2SF2
£120K06/230.9 mi123, Coed Edeyrn, Llanedeyrn, Cardiff CF23 9JX2
£124K11/220.91 mi37, Awel Mor, Llanedeyrn, Cardiff CF23 9QA2
£110K06/230.93 mi171, Beaufort Square, Cardiff CF24 2TX2
£120K10/230.95 mi15, Mount Pleasant Avenue, Llanrumney, Cardiff CF3 5SX2
£97.5K04/210.96 mi67, Awel Mor, Llanedeyrn, Cardiff CF23 9QB2
£90K04/210.96 mi37, Trowbridge Road, Rumney, Cardiff CF3 1QL2
£117K06/210.97 mi63, Beaufort Square, Cardiff CF24 2TT2
£130K06/210.97 mi117, Beaufort Square, Cardiff CF24 2TT2
£115K10/200.97 mi103, Beaufort Square, Cardiff CF24 2TT2
£170K06/210.98 mi2a, Countisbury Avenue, Llanrumney, Cardiff CF3 5SP2

Local Rents

39 rents from £800/mo to £2K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£85012/240 miCheirton Court, Cranleigh Rise2
£85001/250.03 mi-2
£95012/240.09 miNewport Road2
£95012/240.12 miLynmouth Crescent, Rumney, Cardiff2
£90012/240.14 miChulmleigh Close, CARDIFF2
£90012/240.15 miKennerleigh Road2
£99512/240.75 miArlington Crescent, Llanrumney, Cardiff, CF32
£1,10012/240.84 mi-2
£1,00003/250.84 mi-2
£95001/250.86 mi-2
£85002/250.89 mi-2
£1,00012/240.89 mi-2
£85012/240.91 mi-2
£1,00012/240.92 mi-2
£95004/240.92 miClarendon Road, Penylan, Cardiff2
£1,25003/250.97 mi-2
£1,10012/241.03 mi-2
£1,10003/251.03 mi-2
£1,00003/241.06 miFoster Drive, Penylan, Cardiff2
£1,15003/241.08 miFfordd Nowell, Penylan2
£89503/241.09 miFfordd Nowell, Penylan, Cardiff, CF232
£1,20003/241.14 miThomas Court, Harrismith Road, Penylan2
£1,20003/241.14 miThomas Court, Harrismith Road, Penylan2
£1,20005/241.14 miThomas Court, Harrismith Road, Penylan2
£95003/241.14 miFfordd Nowell, Penylan2
£1,05003/241.14 miBryn Haidd, Pentwyn, Cardiff 2
£1,20003/241.15 miWaterloo Road, Cardiff2
£1,20003/241.15 miWaterloo Road, Penylan, Cardiff(City), CF232
£99503/251.16 mi-2
£1,05012/241.17 mi-2
£1,05002/251.17 mi-2
£97503/241.17 miBryn Haidd, Pentwyn2
£1,10003/241.17 miWaterloo Road, Penylan2
£1,14503/241.17 miFfordd Nowell, Penylan, Cardiff2
£99504/241.19 miBrynheulog, Pentwyn2
£2,00002/241.2 mi-2
£99503/241.2 miBrynheulog, Pentwyn, Cardiff, CF232
£1,50003/241.21 miClifton House, Cyncoed Gardens, Cyncoed, Cardiff, CF232
£80003/241.22 miWern Goch West, Llanederyn, Cardiff2

Local Area Statistics

Population in CF3

41,998

Population in Cardiff

357,494

Town centre distance

2.56 miles away

Nearest school

0.20 miles away

Nearest train station

2.14 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £115,000

February 7, 2025

Floor Plans

Description

  • GUIDE PRICE £115,000- £125,000 +
  • Two Bedroom Top Floor Flat +
  • Ideal First Time Buy/ Investment +
  • NO ONWARD CHAIN! +
  • Close To Local Amenities +
  • Council Tax Band- B +
  • EPC Rating- D +

This well-presented two-bedroom top-floor flat offers an excellent opportunity for first-time buyers or investors. Located in a convenient area, the property is within close proximity to local amenities, including shops, schools, and bus routes, making daily life easy and accessible.

Entering the flat, you'll find a welcoming entrance hallway that leads to all rooms. The aforementioned bedrooms are generously sized, providing comfortable spaces. The bathroom is modern and well-maintained, featuring all the essentials.

With its prime location, this flat presents a fantastic opportunity for those looking to get onto the property ladder or seeking a solid investment in a popular area. Early viewing's are highly recommended! *APPROXIMATELY 129 YEARS REMAINING ON LEASE*

Agent Details

Williamson & Co, Cardiff

029 2271 7374

Next Steps?

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