3 Bed Terraced House, Refurb/BRRR, Cardiff, CF23 9PH, £165,000

80 Round Wood, Llanedeyrn, Cardiff, CF23 9PH - 4 views - a month ago

Sold STC
Refurb/BRRR
ROI: 4%
99 m²
+20 photos

ValuationFair Value

Sold Prices£135K - £410K
Sold Prices/m²£1.5K/m² - £4.9K/m²

 

 

Square Metres

99 m²
Price/m²£1.7K/m²

Value Estimate

£168,300

 

 

End Value (After Refurb)

£182,600

Uplift in Value

+11%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,150

Refurb Costs

£40,452

Bridging Loan Interest

£4,331

Total Cash In

£93,933

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£182,600

Mortgage (After Refinance)

£136,950

Mortgage LTV

75%

Cash Released

£13,200

Cash Left In

£80,733

Equity

£45,650

Rent Range

£1,100 - £1,350

Rent Estimate

£1,100

Running Costs/mo

£811

Cashflow/mo

£289

Cashflow/yr

£3,473

ROI

4%

Gross Yield

8%

Local Sold Prices

51 sold prices from £135K to £410K, average is £177K. £1.5K/m² to £4.9K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£165K06/210.08 mi37, Bryn Y Nant, Llanedeyrn, Cardiff CF23 9NZ3
£210K07/230.08 mi37, Bryn-y-nant, Llanedeyrn, Cardiff CF23 9NZ3
£165K09/210.09 mi520, Coed Y Gores, Llanedeyrn, Cardiff CF23 9NW3
£178K11/220.1 mi17, Round Wood, Llanedeyrn, Cardiff CF23 9PF3
£150K12/200.16 mi68, Bryn Y Nant, Llanedeyrn, Cardiff CF23 9PA3
£160K06/230.16 mi66, Bryn-y-nant, Llanedeyrn, Cardiff CF23 9PA3
£147K12/200.17 mi282, Chapel Wood, Llanedeyrn, Cardiff CF23 9EP3
£135K12/200.18 mi249, Coed Y Gores, Llanedeyrn, Cardiff CF23 9NN3
£167K11/220.19 mi281, Chapel Wood, Llanedeyrn, Cardiff CF23 9EP3
£180K11/220.19 mi244, Chapel Wood, Llanedeyrn, Cardiff CF23 9EN3
£165K12/200.21 mi429, Coed Y Gores, Llanedeyrn, Cardiff CF23 9UT3
£135K02/210.21 mi224, Chapel Wood, Llanedeyrn, Cardiff CF23 9EL3
£170K11/220.21 mi210, Chapel Wood, Llanedeyrn, Cardiff CF23 9EL3
£160K01/210.21 mi435, Coed Y Gores, Llanedeyrn, Cardiff CF23 9UU3
£145K12/200.22 mi258, Chapel Wood, Llanedeyrn, Cardiff CF23 9EN3
£155K12/200.26 mi63, Chapel Wood, Llanedeyrn, Cardiff CF23 9EF3
£155K12/200.26 mi63, Chapel Wood, Llanedeyrn, Cardiff CF23 9EF3
£145K10/200.27 mi168, Chapel Wood, Llanedeyrn, Cardiff CF23 9EJ3
£211K02/230.29 mi151, Coed Y Gores, Llanedeyrn, Cardiff CF23 9NH3
£220K05/230.3 mi134, Chapel Wood, Llanedeyrn, Cardiff CF23 9EH3
£157.8K12/200.33 mi134, Coed Y Gores, Llanedeyrn, Cardiff CF23 9NG3
£185K05/230.34 mi293, Brynfedw, Llanedeyrn, Cardiff CF23 9PS3
£165K02/210.36 mi99, Ael Y Bryn, Llanedeyrn, Cardiff CF23 9LL3
£160K04/210.37 mi157, Brynfedw, Llanedeyrn, Cardiff CF23 9PU3
£138K09/210.39 mi212, Pennsylvania, Llanedeyrn, Cardiff CF23 9LU3
£151K01/210.4 mi271, Brynfedw, Llanedeyrn, Cardiff CF23 9PY3
£260K03/230.41 mi97, Wellwood, Llanedeyrn, Cardiff CF23 9JR3
£175K11/200.43 mi183, Pennsylvania, Llanedeyrn, Cardiff CF23 9LT3
£205K03/210.44 mi124, Ael Y Bryn, Llanedeyrn, Cardiff CF23 9LJ3
£166K11/210.46 mi163, Pennsylvania, Llanedeyrn, Cardiff CF23 9LS3
£182K03/230.46 mi158, Pennsylvania, Llanedeyrn, Cardiff CF23 9LS3
£206K06/210.47 mi161, Ael Y Bryn, Llanedeyrn, Cardiff CF23 9LH3
£201K02/210.49 mi36, Ael Y Bryn, Llanedeyrn, Cardiff CF23 9LG3
£215K12/200.5 mi3, Roundwood Close, Penylan, Cardiff CF23 9HH3
£320K12/220.53 mi6, Roundwood Close, Penylan, Cardiff CF23 9HH3
£254K04/230.53 mi104, Springwood, Cardiff CF23 6UA3
£210K01/210.54 mi124, Ridgeway Road, Rumney, Cardiff CF3 4AD3
£410K06/210.54 mi146, Llanedeyrn Road, Penylan, Cardiff CF23 9EA3
£230K12/200.54 mi22, Mendip Road, Llanrumney, Cardiff CF3 4JN3
£209K06/210.54 mi178, Hollybush Road, Cardiff CF23 7AF3
£153.5K04/210.55 mi46, Awel Mor, Llanedeyrn, Cardiff CF23 9QB3
£175K12/200.55 mi95, Hollybush Road, Cardiff CF23 7AG3
£177K12/200.55 mi99, Hollybush Road, Cardiff CF23 7AG3
£206K03/210.55 mi125, Hollybush Road, Cardiff CF23 7AG3
£195K03/210.56 mi93, Glenwood, Cardiff CF23 6UT3
£175K05/210.56 mi69, Glenwood, Cardiff CF23 6UT3
£192.5K12/200.56 mi125, Glenwood, Cardiff CF23 6UU3
£262K11/200.57 mi9, Ormonde Close, Penylan, Cardiff CF23 9JG3
£230K06/210.58 mi25, Clovelly Crescent, Llanrumney, Cardiff CF3 4JR3
£247K03/210.58 mi174, Ridgeway Road, Rumney, Cardiff CF3 4AF3
£280K09/230.58 mi154, Ridgeway Road, Rumney, Cardiff CF3 4AF3

Local Rents

11 rents from £1.1K/mo to £1.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20003/240.16 miBryn-y-Nant, Llanedeyrn, CARDIFF3
£1,20005/240.22 mi-3
£1,20002/250.46 mi-3
£1,20004/240.47 miWern Goch East, Cardiff3
£1,30004/240.47 miWellwood, Cardiff3
£1,35005/240.47 miWellwood, Llanedeyrn3
£1,20003/240.5 miQueenwood, Penylan, Cardiff3
£1,20004/240.5 miQueenwood, Penylan, Cardiff3
£1,10005/240.5 miQueenwood, Penylan, Cardiff3
£1,30012/230.54 mi-3
£1,20004/240.55 miAwel Mor, Llanedeyrn, Cardiff3

Local Area Statistics

Population in CF23

46,988

Population in Cardiff

357,494

Town centre distance

2.09 miles away

Nearest school

0.10 miles away

Nearest train station

1.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+22%

Sales demand

Balanced market

Capital growth (5yrs)

+41%

Property History

Listed for £165,000

February 11, 2025

Floor Plans

Description

  • 3-bedroom terraced house +
  • Split over three floors +
  • 2 receiption rooms +
  • Full bathroom and separate W/C +
  • Courtyard at the rear of the property and space for parking +
  • Off Road Parking +
  • Ideal investment property +
  • Currently Vacant +
  • Extremely spacious +
  • Would benefit from modernisation +

REF: 19456427

3 BEDROOM TERRACED HOUSE - OFFERS OVER £160,000 - VACANT - FREEHOLD - PEFECT INVESTMENT PROPERTY OR B2L

Sales & Lettings Angels are delighted to present this 3-bedroom terraced property in Round Wood, Llanedeyrn, offered at an asking price of £165,000. This presents an excellent opportunity for those seeking a project or an investment property.

The property is spread across three floors and comprises two reception rooms, a spacious kitchen with W/C, three generously sized bedrooms, generous storage cupboards' and more.. Having recently been used as a rental property, it has the potential to generate a healthy income for prospective landlords. The previous tenancy was achieving a rental income of £1,100 PCM generating a return of 8.3%. By renovating and modernising the property the rent could increase to £1,200 - £1,300 PCM meaning a ROI of 9% - 9.8%.

Access to the property is available via both the front and rear entrances. The back door leads directly into the kitchen from the garden and parking area, while the front entrance is accessed via a private pathway. Upon entering the property through the front door, you are welcomed into a small hallway, with access to the first floor or, to your right, the first of the two reception rooms. This room has previously served as a dining area, conveniently located adjacent to the kitchen. The decor throughout the house is consistent, featuring dark laminate flooring and white-painted walls.

The kitchen offers ample space for any buyer to create their ideal cooking space. Currently, the room includes both base and wall units for plenty of storage, a gas hob and oven, a sink unit, a fridge/freezer and a washing machine and dryer. The room is finished with laminate tiled flooring, wooden cabinets, and white walls. Additionally, there is rear access to the courtyard, and a W/C located next to the kitchen, complete with a toilet and hand wash basin.

On the first floor, you'll discover the first of three generously sized bedrooms, a versatile second reception room, and a spacious storage cupboard. The large bedroom is perfect for a double bed, wardrobe, and additional bedroom furniture. The reception room, currently used as a living space, is thoughtfully furnished with two sofas and a TV with a stand. The property also offers an abundance of storage, with ample-sized cupboards, including one conveniently located between the two rooms, just opposite the stairs. A standout feature of this home is the expansive windows, allowing natural light to flood the space, creating a bright and airy atmosphere throughout.

The second floor hosts the remaining two bedrooms. The front-facing bedroom is the larger of the two, comfortably fitting a double bed along with other bedroom furniture. The third bedroom, the smallest of the three, offers flexibility and could easily function as a home office. It currently accommodates a single bed, wardrobe, and chest of drawers. This floor also includes a well-appointed family bathroom with a bathtub, toilet, and sink, as well as two additional generous storage cupboards.

The rear garden accessed via the kitchen is an enclosed paved area for low maintenance, there is steps then leading up to your own car space and storage area for the bins.

This property is ideally located with a variety of local amenities, shops, and educational institutions nearby. The Llanedeyrn Shopping Centre, just 0.5 miles away, offers a range of shops, including a supermarket and pharmacy. For outdoor recreation, Llanedeyrn Park is about 0.3 miles from the property. The Llanedeyrn Health Centre, located around 0.4 miles away, provides medical services. In terms of education, Llanedeyrn Primary School is just 0.3 miles from the property, while Ysgol Glan Morfa, a Welsh-medium primary, is about 0.6 miles away. For secondary education, Cardiff High School is approximately 1.5 miles away, and Ysgol Gyfun Gymraeg Bro Edern, a Welsh-medium secondary school, is located about 1.2 miles away. These nearby amenities and schools offer both convenience and a high quality of life for residents.

EPC: C
Council Tax: B

If you would like to book a viewing for this property please call us on or .

Agent Details

Lettings Angels, Cathays

029 2233 1425

Next Steps?

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