7 Bed HMO, Cardiff, CF24 4EP £490,000

Flora Street, Cathays, CF24 4EP - 3 views - 9 months ago
Sold STC
HMO
ROI: 4%
~217 m²
Property image
Property image
Property image

ValuationUndervalued

Sold Prices£150K - £1.0M
Sold Prices/m²£1.8K/m² - £9.3K/m²

 

 

Square Metres

~217 m²
Price/m²£2.3K/m²

Value Estimate

£588,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£122,500

Stamp Duty & Legal Fees

£40,200

Total Cash In

£162,700

 

 

Cash Out

 

Room Rate

£525

Gross Rent

£3,675

Running Costs/mo

£3,108

Cashflow/mo

£567

Cashflow/yr

£6,806

ROI

4%

Gross Yield

9%

Local Sold Prices

50 sold prices from £150K to £1.0M, average is £358K. £1.8K/m² to £9.3K/m², average is £3K/m².

Price
Date
Distance
Address
Beds
 
£275K06/250.08 mi52, Richards Street, Cathays, Cardiff CF24 4DB4
£275K06/250.08 mi52, Richards Street, Cathays, Cardiff CF24 4DB4
£220K04/230.27 mi83, Rhymney Street, Cardiff CF24 4DH4
£280K08/230.28 mi53, Moy Road, Roath, Cardiff CF24 4SH4
£280K08/230.28 mi53, Moy Road, Roath, Cardiff CF24 4SH4
£255K11/210.3 mi17, Lisvane Street, Cardiff CF24 4LH4
£327K02/230.31 mi95, Inverness Place, Cardiff CF24 4RW4
£305K09/210.33 mi29, Malefant Street, Cardiff CF24 4QB4
£338K07/230.36 mi8, Rhigos Gardens, Cardiff CF24 4LS4
£285K03/230.38 mi136, Colum Road, Cardiff CF10 3EJ4
£150K04/250.39 mi85, Monthermer Road, Cathays, Cardiff CF24 4QY4
£358.5K07/240.39 mi43, Cosmeston Street, Cathays, Cardiff CF24 4LQ4
£1.0M11/240.41 mi2, Queen Anne Square, Cathays, Cardiff CF10 3ED4
£1.0M11/240.41 mi2, Queen Anne Square, Cathays, Cardiff CF10 3ED4
£283K04/250.41 mi29, Keppoch Street, Roath, Cardiff CF24 3JS4
£250K02/230.41 mi108, Malefant Street, Cardiff CF24 4QE4
£325K06/230.42 mi117, Donald Street, Cardiff CF24 4TN4
£290K10/240.43 mi1, Tewkesbury Place, Cathays, Cardiff CF24 4QU4
£340K06/220.43 mi81, Pen Y Wain Road, Cardiff CF24 4GG4
£358.5K07/240.43 mi43, Cosmeston Street, Cardiff CF24 4LQ4
£310K10/220.44 mi50, Gordon Road, Cardiff CF24 3AL4
£482K05/210.47 mi9, Boverton Street, Cardiff CF23 5ES4
£610K03/230.47 mi26, Boverton Street, Cardiff CF23 5ES4
£455K04/230.48 mi31, Morlais Street, Cardiff CF23 5HQ4
£620K11/220.48 mi23, Tydfil Place, Cardiff CF23 5HP4
£530K03/230.5 mi5, Tydfil Place, Cardiff CF23 5HP4
£255K02/230.5 mi6, Angus Street, Cardiff CF24 3LY4
£412K06/210.51 mi11, Shirley Road, Cardiff CF23 5HL4
£425K05/230.51 mi51, Shirley Road, Cardiff CF23 5HL4
£350K07/250.52 mi16, Montgomery Street, Roath, Cardiff CF24 3LZ4
£220K09/210.55 mi148, Glenroy Street, Cardiff CF24 3LA4
£285K06/230.55 mi58, Arran Street, Roath, Cardiff CF24 3HT4
£360K02/230.57 mi114, Cottrell Road, Roath, Cardiff CF24 3EX4
£490K02/250.6 mi101, Claude Road, Cardiff CF24 3QD4
£250K01/250.6 mi101, Arran Street, Roath, Cardiff CF24 3HU4
£405K02/230.64 mi65, Claude Road, Cardiff CF24 3QB4
£625K07/220.71 mi19, Wordsworth Avenue, Roath, Cardiff CF24 3FQ4
£242K06/230.72 mi82, Partridge Road, Cardiff CF24 3QY4
£655K07/250.72 mi26, Nant Y Wedal, Cathays, Cardiff CF14 3QU4
£515K05/230.73 mi17, Cressy Road, Cardiff CF23 5BE4
£357.5K01/230.73 mi22, Inglefield Avenue, Cardiff CF14 3PZ4
£307.5K07/250.75 mi83, Canada Road, Gabalfa, Cardiff CF14 3BX4
£375K10/230.76 mi136, Clodien Avenue, Cardiff CF14 3NQ4
£586K05/230.76 mi20, Brandreth Road, Cardiff CF23 5NW4
£490K09/240.76 mi12, Wordsworth Avenue, Cardiff CF24 3FQ4
£625K07/220.76 mi19, Wordsworth Avenue, Cardiff CF24 3FQ4
£625K07/230.77 mi35, Westville Road, Cardiff CF23 5DE4
£680K11/240.77 mi21, Westville Road, Penylan, Cardiff CF23 5DE4
£480K05/230.79 mi23, Kimberley Road, Cardiff CF23 5DJ4
£505K01/230.79 mi38, Mafeking Road, Cardiff CF23 5DQ4

Local Area Statistics

Population in CF24

55,148

Population in Cardiff

357,494

Town centre distance

0.84 miles away

Nearest school

0.30 miles away

Nearest train station

0.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-42%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Listed for £490,000

February 18, 2025

Floor Plans

Property image

Description

  • Let until June 2026 +
  • Investment Opportunity +
  • 7 Bed HMO +
  • £3675 pcm Income +
  • Two Bathrooms +
  • Prime Location +
  • No Chain +

An investment opportunity to purchase this 7 bed HMO located within the heart of Cathays, with great access to the local amenities and universities. Currently let until June 2026 with an income of £3675 pcm giving a healthy return of 9%.
The property accommodation is located over three floors, briefly comprising two double bedrooms, a w.c., a shower room re-fitted with a modern suite, and a large open-plan kitchen/living room. The kitchen is fitted with a range of base and wall units, two built-in hobs and oven, both with extractor fans over, two sink units, a wall-mounted boiler, and tiled flooring. The living area is light and airy with two windows and a breakfast bar area.
On the first floor, there are three double bedrooms and a modern fitted bathroom. There are also two double bedrooms located on the second floor. The property further benefits from double glazing and gas central heating. We are advised by the vendor that provisions of electricity, gas, water and sewerage are connected to a mains 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.

Agent Details

CPS Homes, Cardiff

020 3840 4007

Next Steps?

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