2 Bed Flat, Single Let, Cardiff, CF11 0JG, £115,000

Kilcredaun House, 51 Ferry Court, Cardiff, CF11 0JG - 3 views - a month ago

Auction
BTL
ROI: 18%
~68 m²
+4 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£1.7K/m²

Value Estimate

£141,450
BMV23%

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

£950 - £2,644

Rent Estimate

£1,100

Running Costs/mo

£599

Cashflow/mo

£501

Cashflow/yr

£6,008

ROI

18%

Gross Yield

11%

Local Sold Prices

50 sold prices from £104.5K to £317.5K, average is £137.5K. £1.9K/m² to £3.6K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£131K10/200.08 mi58, Campbell Drive, Cardiff CF11 7TQ2
£125K06/210.08 mi50, Campbell Drive, Peasedown St John, Cardiff CF11 7TQ2
£142K02/210.08 mi136, Campbell Drive, Cardiff CF11 7TQ2
£120K08/210.09 mi53, Cory Place, Cardiff CF11 7QB2
£129K03/210.09 mi9, Cory Place, Cardiff CF11 7QB2
£130K12/200.09 mi61, Cory Place, Cardiff CF11 7QB2
£161K12/220.12 mi40, Campbell Drive, Cardiff CF11 7TQ2
£124K11/200.12 mi5, Campbell Drive, Cardiff CF11 7QE2
£128K04/210.12 mi13, Campbell Drive, Cardiff CF11 7QE2
£124K01/210.14 mi10, Claymore Place, Cardiff CF11 7JJ2
£152K11/220.14 mi11, Claymore Place, Cardiff CF11 7JJ2
£150K02/230.14 mi22, O'leary Drive, Cardiff CF11 7EB2
£135K12/210.15 mi40, Oleary Drive, Cardiff CF11 7EB2
£151K06/230.15 mi6, O'leary Drive, Cardiff CF11 7EB2
£140K05/210.15 mi19, Oleary Drive, Cardiff CF11 7EB2
£163K04/230.15 mi13, O'leary Drive, Cardiff CF11 7EB2
£150K06/230.15 mi9, O'leary Drive, Cardiff CF11 7EB2
£142K11/200.15 mi13, Oleary Drive, Cardiff CF11 7EB2
£130K10/200.15 mi23, Oleary Drive, Cardiff CF11 7EB2
£155K12/220.16 mi35, O'leary Drive, Cardiff CF11 7EB2
£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
£135K03/210.17 mi7, Shearman Place, Cardiff CF11 7FA2
£130K11/200.18 mi100, Seager Drive, Cardiff CF11 7FE2
£130K11/200.18 mi137, Seager Drive, Cardiff CF11 7FE2
£110K11/200.18 mi132, Seager Drive, Cardiff CF11 7FE2
£133.5K10/200.18 mi151, Seager Drive, Cardiff CF11 7FE2
£119K11/200.19 mi20, Seager Drive, Cardiff CF11 7QA2
£130K10/210.19 mi12, Seager Drive, Cardiff CF11 7QA2
£135K03/230.19 mi20, Seager Drive, Cardiff CF11 7QA2
£119K10/200.2 mi21, Morel Court, Cardiff CF11 7FF2
£121K06/210.2 mi3, Morel Court, Cardiff CF11 7FF2
£132K03/230.2 mi82, Harrison Way, Cardiff CF11 7GX2
£127.5K06/210.24 mi87, Seager Drive, Cardiff CF11 7FD2
£149K11/220.24 mi87, Seager Drive, Cardiff CF11 7FD2
£156K12/220.36 mi184, Ffordd James Mcghan, Cardiff CF11 7JU2
£172.5K07/230.39 mi91, Jim Driscoll Way, Cardiff CF11 7JN2
£170K12/220.44 mi56, Jim Driscoll Way, Cardiff CF11 7JL2
£170K02/230.47 mi18, Jim Driscoll Way, Cardiff CF11 7JA2
£317.5K12/200.48 mi48, Windsor Esplanade, Cardiff CF10 5BG2
£145K12/200.53 mi31, Grangemoor Court, Cardiff CF11 0AL2
£160K06/210.54 mi65, Grangemoor Court, Cardiff CF11 0AA2
£250K03/210.56 mi20, Anchor Road, Penarth, The Vale Of Glamorgan CF64 1SL2
£104.5K12/200.57 mi21, Eleanor Place, Cardiff CF10 5BJ2
£170K05/210.58 mi106, Jim Driscoll Way, Cardiff CF11 7JR2
£210K03/230.58 mi131, Jim Driscoll Way, Cardiff CF11 7JR2
£252.5K03/210.59 miFlat 6, Ty Gwendollen, Marconi Avenue, Penarth, The Vale Of Glamorgan CF64 1SS2
£300K12/220.6 miFlat 23, Ty Windsor, Marconi Avenue, Penarth, The Vale Of Glamorgan CF64 1ST2
£210K01/230.62 miApartment 10, The Anchorage, River Walk, Penarth, The Vale Of Glamorgan CF64 1SX2

Local Rents

50 rents from £950/mo to £2.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30004/240.02 miLady Isle House, Ferry Court, Prospect Place2
£1,30005/240.02 miLady Isle House, Prospect Place2
£2,50003/240.03 miLady Isle House, Prospect Place, Cardiff Bay2
£1,20003/240.03 miLady Isle House, Prospect Place, Cardiff Bay2
£1,12510/230.03 mi-2
£1,12502/250.03 mi-2
£1,10003/240.04 miJones Point House , Ferry Court, Cardiff2
£1,17503/240.04 miFerry Court, CARDIFF2
£1,30004/240.04 miFerry Court, Cardiff, CF112
£1,10003/240.05 miJones Point House, Prospect Place, 4th Floor2
£1,10003/240.05 miAlderney House, Prospect Place, 1st Floor2
£1,10003/240.05 miAlderney House, Prospect Place, 1st Floor2
£1,17504/240.05 miDouglas House, Ferry Court, Cardiff, CF112
£1,25005/240.05 miDouglas House, Ferry Court2
£1,30005/240.05 miDaavar House, Ferry Court, Prospect Place, Cardiff Bay, CF112
£1,20003/240.06 miEddystone House, Prospect Place, Cardiff2
£1,30003/240.06 miEddystone House, Prospect Place2
£1,20004/240.06 miProspect Place, Cardiff, CF112
£1,20005/240.06 mi-2
£1,10003/240.07 miDavaar House, Prospect Place, Cardiff2
£1,30004/240.07 miDavaar House, Prospect Place2
£1,35004/240.07 miDavaar House, Prospect Place2
£1,30003/240.07 miDavaar House, Ferry Court, Cardiff Bay2
£1,25004/240.07 miDovercourt House, Prospect Place, Cardiff2
£1,27505/240.07 mi-2
£1,27510/240.07 mi-2
£1,20005/240.08 mi-2
£1,20005/240.08 miFerry Court, Cardiff, CF112
£1,30003/240.08 miDovercourt House, Prospect Place2
£1,10003/240.08 miDovercourt House, Prospect Place2
£1,30004/240.08 miDovercourt House, Prospect Place2
£1,40004/240.08 miDovercourt House, Ferry Court, Cardiff (City), CF112
£1,20003/240.08 miCaldey Island House, Ferry Court2
£1,40004/240.08 miCaldey Island House, Prospect Place, Cardiff2
£1,30005/240.08 miFerry Court, Cardiff. CF11 0JN2
£1,49504/240.08 miCaldey Island House, Ferry Court, Cardiff2
£1,25010/230.08 mi-2
£1,30012/230.08 mi-2
£1,20003/240.08 miDuncansby House, Prospect Place2
£95003/240.08 miCampbell Drive, CARDIFF2
£95004/240.09 mi-2
£1,27005/240.1 mi-2
£1,27004/240.1 miWindsor Quay, Cardiff, CF112
£2,64409/230.1 mi-2
£1,30004/240.1 miBreakwater House, Cardiff2
£1,45003/240.1 miBreakwater House, Prospect Place2
£1,15003/240.1 miBreakwater House, Prospect Place2
£1,40011/230.11 mi-2
£1,30012/240.11 mi-2
£1,10004/240.11 mi-2

Local Area Statistics

Population in CF11

36,147

Population in Cardiff

357,494

Town centre distance

3.30 miles away

Nearest school

0.50 miles away

Nearest train station

0.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Listed for £115,000

February 17, 2025

Description

  • Modern Apartment +
  • 2 Double Bedrooms +
  • Ensuite +
  • Modern Bathroom with shower over bath +
  • Popular location +
  • Auction 26/3/25 +

**Guide Price £115,000 * Plus 6% Buyers Premium plus VAT

For sale by unconditional online auction on the 26th of March 2025.

Registration is now open, bidding opens on 26th of March at 10:00 and ends on 26th of March at 12:00.**

2 Bedroom modern apartment in Cardiff Bay
Auction - 26/3/25
Viewings - Contact us

Description
We are pleased to offer this well-presented 2-bedroom apartment located on the 5th floor in the desirable area of Cardiff Bay.
The property is in good condition throughout and benefits from stunning views across the surrounding area..

Internally, the apartment features a spacious kitchen with modern fittings and ample storage. A well-maintained modern bathroom with shower over bath, while the master bedroom boasts the added benefit of an ensuite for added convenience and privacy.

Enjoy breathtaking views from the 5th floor, enhancing the appeal of this property. The property is perfectly positioned within Cardiff Bay, an area renowned for its vibrant waterfront, excellent amenities, shops, and restaurants.

This isan excellentl opportunity for first-time buyers, investors, or anyone seeking a comfortable home in one of Cardiff's most sought-after locations.

Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information.
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Agent Details

Town & Country Property Auctions, Oswestry

0117 463 3986

Next Steps?

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