2 Bed Flat, Single Let, Cardiff, CF11 7JU, £155,000

Ffordd James Mcghan, Cardiff Bay, CF11 7JU - a month ago

Sold STC
Leasehold
BTL
ROI: 7%
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£104.5K - £317.5K
Sold Prices/m²£1.9K/m² - £3.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£174,346
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£5,850

Total Cash In

£44,600

 

 

Cash Out

 

Rent Range

£800 - £2,500

Rent Estimate

£950

Running Costs/mo

£694

Cashflow/mo

£256

Cashflow/yr

£3,068

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £104.5K to £317.5K, average is £135K. £1.9K/m² to £3.6K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£156K12/220.05 mi184, Ffordd James Mcghan, Cardiff CF11 7JU2
£127.5K06/210.08 mi87, Seager Drive, Cardiff CF11 7FD2
£149K11/220.08 mi87, Seager Drive, Cardiff CF11 7FD2
£132K03/230.12 mi82, Harrison Way, Cardiff CF11 7GX2
£119K10/200.14 mi21, Morel Court, Cardiff CF11 7FF2
£121K06/210.14 mi3, Morel Court, Cardiff CF11 7FF2
£119K11/200.14 mi20, Seager Drive, Cardiff CF11 7QA2
£130K10/210.14 mi12, Seager Drive, Cardiff CF11 7QA2
£135K03/230.14 mi20, Seager Drive, Cardiff CF11 7QA2
£135K03/210.16 mi7, Shearman Place, Cardiff CF11 7FA2
£134.9K02/230.16 mi52, Harrison Way, Cardiff CF11 7PE2
£152K12/220.16 mi51, Harrison Way, Cardiff CF11 7PE2
£123K07/210.16 mi54, Harrison Way, Cardiff CF11 7PE2
£124K01/210.18 mi10, Claymore Place, Cardiff CF11 7JJ2
£152K11/220.18 mi11, Claymore Place, Cardiff CF11 7JJ2
£130K11/200.2 mi100, Seager Drive, Cardiff CF11 7FE2
£130K11/200.2 mi137, Seager Drive, Cardiff CF11 7FE2
£110K11/200.2 mi132, Seager Drive, Cardiff CF11 7FE2
£133.5K10/200.2 mi151, Seager Drive, Cardiff CF11 7FE2
£124K11/200.2 mi5, Campbell Drive, Cardiff CF11 7QE2
£128K04/210.2 mi13, Campbell Drive, Cardiff CF11 7QE2
£155K12/220.22 mi35, O'leary Drive, Cardiff CF11 7EB2
£142K11/200.22 mi13, Oleary Drive, Cardiff CF11 7EB2
£130K10/200.22 mi23, Oleary Drive, Cardiff CF11 7EB2
£135K12/210.23 mi40, Oleary Drive, Cardiff CF11 7EB2
£161K12/220.23 mi40, Campbell Drive, Cardiff CF11 7TQ2
£150K02/230.23 mi22, O'leary Drive, Cardiff CF11 7EB2
£151K06/230.23 mi6, O'leary Drive, Cardiff CF11 7EB2
£140K05/210.23 mi19, Oleary Drive, Cardiff CF11 7EB2
£163K04/230.23 mi13, O'leary Drive, Cardiff CF11 7EB2
£150K06/230.23 mi9, O'leary Drive, Cardiff CF11 7EB2
£120K08/210.24 mi53, Cory Place, Cardiff CF11 7QB2
£129K03/210.24 mi9, Cory Place, Cardiff CF11 7QB2
£130K12/200.24 mi61, Cory Place, Cardiff CF11 7QB2
£131K10/200.25 mi58, Campbell Drive, Cardiff CF11 7TQ2
£125K06/210.25 mi50, Campbell Drive, Peasedown St John, Cardiff CF11 7TQ2
£142K02/210.25 mi136, Campbell Drive, Cardiff CF11 7TQ2
£172.5K07/230.27 mi91, Jim Driscoll Way, Cardiff CF11 7JN2
£170K12/220.3 mi56, Jim Driscoll Way, Cardiff CF11 7JL2
£170K02/230.33 mi18, Jim Driscoll Way, Cardiff CF11 7JA2
£140K06/210.35 mi216b, Clive Street, Cardiff CF11 7JG2
£170K05/210.43 mi106, Jim Driscoll Way, Cardiff CF11 7JR2
£210K03/230.43 mi131, Jim Driscoll Way, Cardiff CF11 7JR2
£160K06/210.44 mi65, Grangemoor Court, Cardiff CF11 0AA2
£145K12/200.49 mi31, Grangemoor Court, Cardiff CF11 0AL2
£317.5K12/200.56 mi48, Windsor Esplanade, Cardiff CF10 5BG2
£104.5K12/200.63 mi21, Eleanor Place, Cardiff CF10 5BJ2
£110K09/230.68 miFlat 20, Cogan Court, Cogan Pill Road, Llandough, Penarth, The Vale Of Glamorgan CF64 2NQ2
£110K04/210.68 miFlat 20, Cogan Court, Cogan Pill Road, Llandough, Penarth, The Vale Of Glamorgan CF64 2NQ2
£135K07/210.68 mi202, Taff Embankment, Cardiff CF11 7BP2

Local Rents

50 rents from £800/mo to £2.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£99504/240.01 miFfordd James McGhan, Cardiff, 2
£1,20003/240.02 miFfordd James McGhan, Ferry Road, Cardiff Bay2
£99510/230.03 mi-2
£1,00003/240.05 miFfordd James McGhan, Cardiff Bay2
£1,10004/240.05 miFfordd James McGhan, Cardiff2
£1,00004/240.07 miFfordd James McGhan, CARDIFF2
£95003/240.07 miFfordd James Mcghan, Cardiff, CF112
£1,00003/240.08 miSeager Drive, Windsor Quay, Cardiff Bay2
£1,10003/240.08 miFfordd James Mcghan, Cardiff Bay2
£1,10004/240.11 miFfordd James Mcghan, Cardiff Bay2
£97503/240.13 miSeager Drive, Windsor Quay, Cardiff Bay2
£95012/240.14 miHarrison Way, Windsor Quay, Cardiff Bay2
£1,20003/240.15 miHarrison Way, Cardiff Bay2
£1,10005/240.16 miHarrison Way, Cardiff Bay2
£1,05003/240.17 miKestell Drive, Cardiff Bay2
£1,05004/240.17 miKestell Drive, Cardiff Bay2
£1,10003/240.2 mi67 Beatrix House, Victoria Wharf, Dunleavy Drive2
£80004/240.2 miCampbell Drive, Windsor Quay, Cardiff Bay2
£1,05005/240.2 miCampbell Drive, Cardiff Bay, Cardiff2
£1,27005/240.23 mi-2
£1,27004/240.23 miWindsor Quay, Cardiff, CF112
£95004/240.24 mi-2
£95003/240.25 miCampbell Drive, CARDIFF2
£1,15005/240.27 miJim Driscoll Way, CARDIFF2
£1,30003/240.28 miEmpire Way, Ferry Road, Cardiff Bay2
£1,00003/240.29 miThe Sand Wharf, Jim Driscoll Way, Cardiff2
£1,10003/240.31 miJones Point House , Ferry Court, Cardiff2
£1,17503/240.31 miFerry Court, CARDIFF2
£1,10003/240.31 miJones Point House, Prospect Place, 4th Floor2
£1,10003/240.32 miAlderney House, Prospect Place, 1st Floor2
£1,10003/240.32 miAlderney House, Prospect Place, 1st Floor2
£1,05003/240.32 miGreat Ormes House, Ferry Court, Cardiff2
£1,40011/230.32 mi-2
£1,30012/240.32 mi-2
£1,10004/240.32 mi-2
£1,10003/240.32 miFerry Court, Cardiff, CF112
£1,30004/240.33 miLady Isle House, Ferry Court, Prospect Place2
£1,30005/240.33 miLady Isle House, Prospect Place2
£2,50003/240.33 miLady Isle House, Prospect Place, Cardiff Bay2
£1,20003/240.33 miLady Isle House, Prospect Place, Cardiff Bay2
£1,12510/230.33 mi-2
£1,12502/250.33 mi-2
£1,20011/230.33 miFerry Court,Cardiff,CF112
£1,30004/240.35 miFerry Court, Cardiff, CF112
£99503/240.36 mi-2
£99503/240.36 miFerry Court, Cardiff, CF112
£99503/240.36 miFerry Court, Cardiff, CF112
£1,15003/240.36 miAlderney House, Ferry Court, Cardiff2
£1,27503/240.36 miAlderney House, Prospect Place, Cardiff2
£1,20003/240.37 miFerry Court, CARDIFF2

Local Area Statistics

Population in CF11

36,147

Population in Cardiff

357,494

Town centre distance

3.06 miles away

Nearest school

0.40 miles away

Nearest train station

0.71 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Listed for £155,000

February 7, 2025

Floor Plans

Description

  • Fantastic first time buy +
  • Situated within a fantastic part of Cardiff Bay - Gyms, shops and outdoor recreational parks a short walk away +
  • Allocated parking and use of visitor parking +
  • Two Double bedrooms +
  • Master Bedroom with En Suite +
  • First floor apartment +
  • Watch our unique video... +

A glorious first-floor apartment situated in a fantastic part of Cardiff Bay, within walking distance to shops and the retail park, this really is a perfect first-time buy or investment... The property is accessed through a communal entrance hall, leading to a private entrance porch and front door. Upon entry, the apartment welcomes you with an inviting hallway, complete with a sizable storage cupboard. The heart of the home is a beautifully bright and airy open-plan kitchen, living, and dining area. The kitchen is well-appointed with a range of base and eye-level units, along with a selection of integrated electric appliances. The master bedroom is generously proportioned and features a built-in wardrobe, along with an ensuite that includes a shower, WC, and hand basin. There is also a further double bedroom benefiting from built-in wardrobes. The bathroom is immaculately maintained and benefits from a shower over the panel bath, a wash basin, low-level w/c and a double-glazed window.
Further benefits include gas central heating, double glazing throughout, an allocated parking space, and the use of visitor parking.  We are advised by the vendor that provisions of electricity, water, and sewerage are connected to a main supply, and no materials used in construction may impact a buyer's enjoyment, mortgage availability, or insurance availability, and there are no issues or restrictions on mobile signal/coverage. We are advised that there is a claim on the NHBC, which is in the process of being dealt with under the NHBC warranty.

Agent Details

CPS Homes, Cardiff

020 3840 4007

Next Steps?

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