3 Bed Terraced House, Refurb/BRRR, Cardiff, CF24 4QY, £230,000

Monthermer Road, Cardiff, CF24 4QY - 1 views - a month ago

Sold STC
Refurb/BRRR
ROI: 4%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£170K - £606K
Sold Prices/m²£1.6K/m² - £4.4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£236,900
BMV3%

 

 

End Value (After Refurb)

£255,063

Uplift in Value

+11%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,100

Refurb Costs

£38,000

Bridging Loan Interest

£6,038

Total Cash In

£111,388

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£255,063

Mortgage (After Refinance)

£191,297

Mortgage LTV

75%

Cash Released

£18,797

Cash Left In

£92,590

Equity

£63,766

Rent Range

£1,050 - £2,000

Rent Estimate

£1,511

Running Costs/mo

£1,119

Cashflow/mo

£392

Cashflow/yr

£4,701

ROI

4%

Gross Yield

8%

Local Sold Prices

50 sold prices from £170K to £606K, average is £259K. £1.6K/m² to £4.4K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£240K04/210.04 mi128, Tewkesbury Street, Cardiff CF24 4QS3
£200K04/210.08 mi48, Tewkesbury Place, Cardiff CF24 4QU3
£243K07/230.09 mi33, Spencer Street, Cardiff CF24 4PG3
£322K02/230.13 mi143, Malefant Street, Cardiff CF24 4QF3
£295K11/220.15 mi47, Malefant Street, Cardiff CF24 4QD3
£606K12/220.16 mi30, Boverton Street, Cardiff CF23 5ES3
£177K12/200.16 mi41, Daniel Street, Cardiff CF24 4NY3
£420K03/210.17 mi20, Boverton Street, Cardiff CF23 5ES3
£300K12/220.17 mi4, Fairoak Road, Cardiff CF24 4PX3
£265K10/210.19 mi188, Inverness Place, Cardiff CF24 4SB3
£435K11/220.2 mi205, Arabella Street, Cardiff CF24 4SZ3
£213K06/210.21 mi23, Daniel Street, Cardiff CF24 4NX3
£320K05/230.23 mi167, Inverness Place, Cardiff CF24 4RX3
£230K11/210.23 mi143, Inverness Place, Cardiff CF24 4RX3
£230K06/230.25 mi6, Whitchurch Place, Cardiff CF24 4HD3
£227.5K01/210.26 mi129, Arabella Street, Cardiff CF24 4SY3
£180K08/220.27 mi103, May Street, Cardiff CF24 4EZ3
£250K03/230.27 mi75, May Street, Cardiff CF24 4EY3
£240K03/230.29 mi3, Gladys Street, Cardiff CF24 4HA3
£227K03/210.29 mi71, Inverness Place, Cardiff CF24 4RW3
£225K12/200.3 mi68, Inverness Place, Cardiff CF24 4SA3
£260K07/210.3 mi118, Inverness Place, Cardiff CF24 4SA3
£260K11/200.32 mi83, Arabella Street, Cardiff CF24 4SX3
£284K06/230.32 mi101, Diana Street, Cardiff CF24 4TU3
£280K07/230.32 mi108, Diana Street, Cardiff CF24 4TU3
£258K03/210.32 mi88, Arabella Street, Cardiff CF24 4TB3
£255.3K03/210.34 mi51, Cwmdare Street, Cardiff CF24 4JZ3
£240K10/210.35 mi107, Alfred Street, Cardiff CF24 4UA3
£293.8K09/210.36 mi43, Diana Street, Cardiff CF24 4TT3
£314K03/210.36 mi89, Diana Street, Cardiff CF24 4TT3
£261.5K10/210.38 mi70, Diana Street, Cardiff CF24 4TW3
£255K03/210.38 mi74, Alfred Street, Cardiff CF24 4TZ3
£211K05/230.39 mi39, Lisvane Street, Cardiff CF24 4LH3
£215K02/230.39 mi61, Brithdir Street, Cardiff CF24 4LF3
£255K07/210.39 mi78, Brithdir Street, Cardiff CF24 4LF3
£310K11/210.39 mi12, Nant Y Wedal, Cardiff CF14 3QU3
£281.5K10/230.39 mi7, Nant Y Wedal, Cardiff CF14 3QU3
£325K10/230.39 mi33, Nant Y Wedal, Cardiff CF14 3QU3
£259.9K11/200.4 mi15, Manor Street, Cardiff CF14 3PU3
£270K05/230.4 mi1a, Manor Street, Cardiff CF14 3PU3
£170K04/210.4 mi28, Letty Street, Cardiff CF24 4EL3
£225K12/200.4 mi39, Inverness Place, Cardiff CF24 4RU3
£273K06/210.41 mi44, Llantrisant Street, Cardiff CF24 4JE3
£425K10/210.41 mi39, Clos Derwen, Cardiff CF23 5HJ3
£330K05/210.41 mi40, Clos Derwen, Cardiff CF23 5HJ3
£380K01/210.41 mi38, Clos Derwen, Cardiff CF23 5HJ3
£256K02/230.42 mi30, Arabella Street, Cardiff CF24 4TA3
£275K03/230.42 mi26, Arabella Street, Cardiff CF24 4TA3
£220K10/210.42 mi36, Arabella Street, Cardiff CF24 4TA3
£185K12/200.43 mi12, Donald Street, Cardiff CF24 4TQ3

Local Rents

32 rents from £1.1K/mo to £2K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,42512/240.12 mi-3
£2,00003/250.2 mi-3
£1,42512/240.21 mi-3
£1,70012/240.22 miWoodville Road, Cathays3
£1,30012/240.26 miArabella Street, CARDIFF3
£1,56012/240.27 miMay Street, Cathays, Cardiff3
£1,35012/240.28 miCrwys Road, Cathays, Cardiff, CF24 4NL3
£1,20005/240.29 miNinian Road, Roath, Cardiff3
£1,35012/240.29 miInverness Place, CARDIFF3
£1,57512/240.33 miWhitchurch Road, Heath, Cardiff, CF14 3JR3
£1,35002/250.34 mi-3
£1,30012/240.35 mi-3
£1,25012/240.36 miAllensbank Crescent, Heath, Cardiff3
£1,30012/240.37 miAllensbank Road, Heath, Cardiff3
£1,65012/240.39 miHirwain Street, CATHAYS, CARDIFF3
£1,40012/240.42 miCosmeston Street, Cathays, Cardiff, CF243
£1,72503/250.42 mi-3
£1,62012/240.43 miCosmeston Street, Cathays, Cardiff3
£1,50003/250.46 mi-3
£1,57512/240.46 miRichards Street, Cardiff3
£1,48512/240.46 miRichmond Road, Roath, Cardiff3
£1,50012/240.48 miAlbany Road, Roath, CF24 3RP3
£1,65012/240.49 miRichmond Road, Roath3
£1,57512/240.51 miRichmond Road, Cardiff3
£1,80012/240.53 mi-3
£1,47512/240.56 miSt Martins Row, Albany Road, Roath3
£1,80012/240.58 miCogan Terrace, , 3
£1,49512/240.59 miEdington Avenue, Cardiff(City), CF143
£1,05003/240.59 miBalaclava Road, Penylan3
£1,95003/240.59 miLake View Apartments, Lady Mary Road, Cardiff3
£1,50012/240.6 miCathays Terrace, Cathays, Cardiff3
£1,35012/240.62 mi-3

Local Area Statistics

Population in CF24

55,148

Population in Cardiff

357,494

Town centre distance

0.70 miles away

Nearest school

0.30 miles away

Nearest train station

0.66 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £230,000

February 10, 2025

Description

  • Many original features but in need of modernising +
  • Close to Cardiff centre +
  • No Chain +
  • Open viewing 12-1pm Saturday 15/2 please make an apt +

Open viewing 15/2 12pm-1pm pls book an apt to view.

Excellent size Family home with many original features retained but in need of updating/modernization. For all enquiries, viewing requests or to create your own listing please visit the Emoov website.

Agent Details

Emoov, Chelmsford

01702 967858

Next Steps?

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