2 Bed Flat, Single Let, Cardiff, CF3 4AE, £120,000

Cumberland Court,Ridgeway Road, Rumney, Cardiff. CF3 4AE - 1 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 10%
~68 m²
+11 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£130,729
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£800 - £1,250

Rent Estimate

£844

Running Costs/mo

£564

Cashflow/mo

£280

Cashflow/yr

£3,362

ROI

10%

Gross Yield

8%

Local Sold Prices

46 sold prices from £70K to £170K, average is £123K. £946/m² to £2.6K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£120K02/230 miCumberland Court, 44, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£125K02/210.01 mi66, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£115K11/220.01 mi10, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£116K07/210.01 mi34, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£123K05/230.01 mi22, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£114K05/210.01 mi44, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£128K04/210.02 mi77, Kennerleigh Road, Cardiff CF3 4BG2
£128K11/230.02 mi33, Kennerleigh Road, Cardiff CF3 4BG2
£128K12/200.02 mi27, Kennerleigh Road, Cardiff CF3 4BG2
£128K04/210.04 mi77, Kennerleigh Road, Cardiff CF3 4BG2
£132.5K06/210.04 mi69, Kennerleigh Road, Cardiff CF3 4BG2
£136K09/220.05 miFlat 20, Lancaster Court, Cranleigh Rise, Rumney, Cardiff CF3 4AP2
£112K01/240.05 miSutherland Court, Flat 16, Cranleigh Rise, Rumney, Cardiff CF3 4AP2
£125K07/230.08 mi24, Chulmleigh Close, Cardiff CF3 4BL2
£118K11/200.08 mi17, Chulmleigh Close, Cardiff CF3 4BL2
£125K04/230.08 mi11, Chulmleigh Close, Cardiff CF3 4BL2
£70K09/230.08 mi80, Kennerleigh Road, Cardiff CF3 4BJ2
£120K12/200.08 mi96, Kennerleigh Road, Cardiff CF3 4BJ2
£125K05/210.09 mi54, Kennerleigh Road, Cardiff CF3 4BJ2
£140K09/210.11 mi97, Kennerleigh Road, Cardiff CF3 4BH2
£122.5K11/200.18 mi96, Lynmouth Crescent, Rumney, Cardiff CF3 4AW2
£113K09/220.19 miLynton Court, 6, Lynmouth Crescent, Rumney, Cardiff CF3 4AT2
£107K09/220.2 miSeaton Court, 9, Lynmouth Crescent, Rumney, Cardiff CF3 4AT2
£112K07/230.2 miBarnstaple Court, 38, Lynmouth Crescent, Rumney, Cardiff CF3 4AT2
£125K11/230.22 mi56, Lynmouth Crescent, Rumney, Cardiff CF3 4AU2
£135K09/210.26 mi17, Wentloog Close, Rumney, Cardiff CF3 3HA2
£150K08/230.26 mi35, Wentloog Close, Rumney, Cardiff CF3 3HB2
£140K06/230.26 mi43, Wentloog Close, Rumney, Cardiff CF3 3HB2
£133K12/200.26 mi41, Wentloog Close, Rumney, Cardiff CF3 3HB2
£135K12/200.54 mi26, Witla Court Road, Rumney, Cardiff CF3 3LT2
£90K05/210.59 mi172, Greenway Road, Rumney, Cardiff CF3 3PN2
£85K09/230.63 miFlat 6, Downton Grange, New Road, Rumney, Cardiff CF3 3BW2
£123K09/230.8 mi59, Woolacombe Avenue, Llanrumney, Cardiff CF3 4TD2
£105K04/230.87 mi22, Chapel Wood, Llanedeyrn, Cardiff CF23 9EE2
£120K10/230.88 mi15, Mount Pleasant Avenue, Llanrumney, Cardiff CF3 5SX2
£90K04/210.9 mi37, Trowbridge Road, Rumney, Cardiff CF3 1QL2
£170K06/210.91 mi2a, Countisbury Avenue, Llanrumney, Cardiff CF3 5SP2
£110K07/210.91 mi53, Glan Rhymni, Splott, Cardiff CF24 2TW2
£119K10/200.91 mi87, Glan Rhymni, Splott, Cardiff CF24 2TW2
£119K03/210.91 mi43, Glan Rhymni, Splott, Cardiff CF24 2TW2
£137K11/220.92 mi21, Cwrt Coles, Cardiff CF24 2RY2
£120K06/230.94 mi123, Coed Edeyrn, Llanedeyrn, Cardiff CF23 9JX2
£137.5K09/220.95 mi91, Cwrt Boston, Cardiff CF24 2SF2
£133K10/210.95 mi95, Cwrt Boston, Cardiff CF24 2SF2
£124K11/220.96 mi37, Awel Mor, Llanedeyrn, Cardiff CF23 9QA2
£110K06/230.99 mi171, Beaufort Square, Cardiff CF24 2TX2

Local Rents

40 rents from £800/mo to £1.3K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£85001/250.04 mi-2
£85012/240.07 miCheirton Court, Cranleigh Rise2
£90012/240.08 miChulmleigh Close, CARDIFF2
£90012/240.11 miKennerleigh Road2
£95012/240.14 miNewport Road2
£95012/240.18 miLynmouth Crescent, Rumney, Cardiff2
£99512/240.68 miArlington Crescent, Llanrumney, Cardiff, CF32
£1,00012/240.83 mi-2
£1,10012/240.91 mi-2
£1,00003/250.91 mi-2
£95001/250.92 mi-2
£85002/250.95 mi-2
£85012/240.96 mi-2
£1,10012/240.96 mi-2
£1,10003/250.96 mi-2
£1,00012/240.98 mi-2
£95004/240.98 miClarendon Road, Penylan, Cardiff2
£1,25003/251.03 mi-2
£1,05003/241.11 miBryn Haidd, Pentwyn, Cardiff 2
£1,00003/241.13 miFoster Drive, Penylan, Cardiff2
£99503/251.13 mi-2
£97503/241.14 miBryn Haidd, Pentwyn2
£1,05012/241.14 mi-2
£1,05002/251.14 mi-2
£1,15003/241.15 miFfordd Nowell, Penylan2
£99504/241.16 miBrynheulog, Pentwyn2
£89503/241.16 miFfordd Nowell, Penylan, Cardiff, CF232
£99503/241.17 miBrynheulog, Pentwyn, Cardiff, CF232
£1,20003/241.2 miThomas Court, Harrismith Road, Penylan2
£1,20003/241.2 miThomas Court, Harrismith Road, Penylan2
£1,20005/241.2 miThomas Court, Harrismith Road, Penylan2
£95003/241.21 miFfordd Nowell, Penylan2
£1,20003/241.21 miWaterloo Road, Cardiff2
£1,20003/241.22 miWaterloo Road, Penylan, Cardiff(City), CF232
£80003/241.22 miWern Goch West, Llanederyn, Cardiff2
£1,15005/241.23 miWyncliffe Gardens, Cardiff, CF232
£1,15005/241.23 mi-2
£1,15003/251.23 mi-2
£1,15006/241.23 mi-2
£1,10003/241.24 miWaterloo Road, Penylan2

Local Area Statistics

Population in CF3

41,998

Population in Cardiff

357,494

Town centre distance

2.61 miles away

Nearest school

0.20 miles away

Nearest train station

2.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £120,000

February 15, 2025

Floor Plans

Description

  • GUIDE PRICE £120,000-£130,000 +
  • Top Floor Flat +
  • No Onward Chain +
  • Ideal First Time Buy/Investment +
  • Beautifully Presented Throughout +
  • Two Double Bedrooms +
  • EPC Rating- TBC +
  • Council Tax Band- B +

New to the market, this delightful two-bedroom top-floor flat is the perfect blend of style and practicality, making it an excellent choice for both first-time buyers and savvy investors. From the moment you step inside, you’re greeted by a spacious hallway with beautiful wood block flooring, which adds character and warmth to the home.

The large living room is a standout feature, offering plenty of space to relax and entertain. Whether you're hosting friends or enjoying a quiet evening, this room serves as a versatile setting for both comfort and style. The separate kitchen is neatly designed with an integrated fridge/freezer. Both bedrooms are generously sized, each one bathed in natural light and providing a peaceful retreat to unwind. The thoughtful layout and modern decor make this flat a comfortable, functional space that caters to the needs of modern living.

Whether you're looking to invest in a popular area or take your first step onto the property ladder, this top-floor flat offers an exceptional opportunity. Its stylish decor and convenient layout are sure to appeal to those seeking a modern, low-maintenance home with all the essentials. Located in a desirable area with easy access to local amenities, this flat is the perfect place to begin your next chapter. Don’t miss out on this charming property!

Agent Details

Williamson & Co, Cardiff

029 2271 7374

Next Steps?

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