3 Bed Terraced House, Single Let, Cardiff, CF24 3BP, £575,000

City Road, Cardiff(City), CF24 3BP - 2 months ago

BTL
~93 m²
+6 photos

ValuationOvervalued

Sold Prices£155K - £416K
Sold Prices/m²£1.8K/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£6.2K/m²

Value Estimate

£255,315

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£143,750

Stamp Duty & Legal Fees

£48,700

Total Cash In

£192,450

 

 

Cash Out

 

Rent Range

£1,050 - £3,700

Rent Estimate

£1,400

Running Costs/mo

£2,097

Cashflow/mo

£-697

Cashflow/yr

£-8,362

Gross Yield

3%

Local Sold Prices

50 sold prices from £155K to £416K, average is £252.5K. £1.8K/m² to £3.8K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£210K03/210.07 mi121, Bedford Street, Cardiff CF24 3DB3
£195K12/200.07 mi11, Treharris Street, Cardiff CF24 3HJ3
£215K02/230.08 mi7, Arran Street, Roath, Cardiff CF24 3HR3
£255K03/210.08 mi5, Arran Street, Cardiff CF24 3HR3
£261K03/230.08 mi39, Arran Street, Roath, Cardiff CF24 3HR3
£282.5K10/220.1 mi34, Talworth Street, Roath, Cardiff CF24 3EJ3
£200K05/210.11 mi4, Talworth Street, Cardiff CF24 3EH3
£249.5K07/230.11 mi7, Talworth Street, Roath, Cardiff CF24 3EH3
£155K02/210.11 mi16, Plasnewydd Road, Cardiff CF24 3EN3
£235K04/230.18 mi43, Glenroy Street, Cardiff CF24 3JX3
£249.9K07/230.19 mi118, Cyfarthfa Street, Cardiff CF24 3HG3
£189.9K06/210.2 mi24, Croft Street, Cardiff CF24 3DZ3
£232K07/230.22 mi19, Strathnairn Street, Cardiff CF24 3JL3
£236K03/210.23 mi136, Arran Street, Cardiff CF24 3HU3
£227.5K03/230.25 mi28, Elm Street, Cardiff CF24 3QS3
£222K10/210.25 mi126, Glenroy Street, Cardiff CF24 3JZ3
£255K08/210.25 mi63, Strathnairn Street, Cardiff CF24 3JP3
£350K06/230.26 mi69, Partridge Road, Cardiff CF24 3QY3
£222K01/210.31 mi138, Strathnairn Street, Cardiff CF24 3JQ3
£240K07/230.31 mi97, Strathnairn Street, Cardiff CF24 3JQ3
£190K05/210.31 mi98, Coburn Street, Cardiff CF24 4BT3
£191K12/200.31 mi76, Coburn Street, Cardiff CF24 4BT3
£225K12/200.31 mi39, Inverness Place, Cardiff CF24 4RU3
£416K07/230.32 mi12, Southey Street, Cardiff CF24 3FP3
£275K03/230.32 mi26, Arabella Street, Cardiff CF24 4TA3
£220K10/210.32 mi36, Arabella Street, Cardiff CF24 4TA3
£256K02/230.32 mi30, Arabella Street, Cardiff CF24 4TA3
£220K11/200.33 mi12, Elm Street, Cardiff CF24 3QR3
£185K12/200.34 mi12, Donald Street, Cardiff CF24 4TQ3
£260K04/230.34 mi25, Diana Street, Cardiff CF24 4TS3
£250K08/210.35 mi20, Angus Street, Cardiff CF24 3LY3
£200K06/230.35 mi45, Harriet Street, Cardiff CF24 4BW3
£260K04/210.36 mi35, Angus Street, Cardiff CF24 3LW3
£258K03/210.42 mi88, Arabella Street, Cardiff CF24 4TB3
£227K03/210.43 mi71, Inverness Place, Cardiff CF24 4RW3
£225K12/200.43 mi68, Inverness Place, Cardiff CF24 4SA3
£260K07/210.43 mi118, Inverness Place, Cardiff CF24 4SA3
£260K11/200.43 mi83, Arabella Street, Cardiff CF24 4SX3
£362.3K03/210.43 mi73, Bangor Street, Cardiff CF24 3LQ3
£325K11/210.43 mi1, Essich Street, Cardiff CF24 3LT3
£310.1K08/210.43 mi9, Essich Street, Cardiff CF24 3LT3
£314K03/210.44 mi89, Diana Street, Cardiff CF24 4TT3
£261.5K10/210.44 mi70, Diana Street, Cardiff CF24 4TW3
£293.8K09/210.44 mi43, Diana Street, Cardiff CF24 4TT3
£255K03/210.45 mi74, Alfred Street, Cardiff CF24 4TZ3
£370K10/210.47 mi8, Tullock Street, Cardiff CF24 3LU3
£313K06/210.47 mi12, Tullock Street, Cardiff CF24 3LU3
£355K12/200.48 mi39, Princes Street, Cardiff CF24 3SL3
£405K03/210.48 mi44, Princes Street, Cardiff CF24 3SL3
£265K02/230.51 mi41, Planet Street, Cardiff CF24 0HZ3

Local Rents

50 rents from £1.1K/mo to £3.7K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,68012/240.03 miRussell Street, Cardiff3
£1,40012/240.07 miCyfarthfa Street, Roath3
£1,35012/240.07 miCity Road, Roath3
£1,45012/240.08 miArran Street, Roath, CF243
£1,65012/240.1 miRichmond Road, Roath, CF24 3BU3
£1,25012/240.14 miTreharris Street, CARDIFF3
£1,57512/240.21 miRichmond Road, Cardiff3
£3,70003/250.22 mi-3
£1,80012/240.23 miGlynrhondda Street, Cathays, 3
£1,50012/240.23 miMiskin Street, Cathays, CF24 4AP3
£1,10003/240.23 mi-3
£1,42512/240.23 miMiskin Street, Cathays, CF24 4AP3
£1,54512/240.24 miTreharris Street, Roath, Cardiff, CF24 3HQ3
£1,65012/240.24 miRichmond Road, Roath3
£1,60512/240.24 miArran Street, Cardiff3
£1,50012/240.24 miAlbany Road, Roath, CF24 3RP3
£1,25012/240.24 mi-3
£1,48512/240.25 miRichmond Road, Roath, Cardiff3
£1,50003/250.25 mi-3
£1,50003/250.25 mi-3
£1,35012/240.3 miThe Walk, Roath, Cardiff3
£1,60005/240.31 mi-3
£1,60012/240.31 miRoath, Cardiff, CF243
£1,60012/240.33 miOakfield Street, Roath, Cardiff3
£1,47512/240.35 miSt Martins Row, Albany Road, Roath3
£3,20004/240.39 miMount Stuart House, Cardiff Bay3
£1,57512/240.4 miRichards Street, Cardiff3
£1,80012/240.42 miCogan Terrace, , 3
£1,35012/240.43 miInverness Place, CARDIFF3
£1,35012/240.45 miCrwys Road, Cathays, Cardiff, CF24 4NL3
£1,35002/250.45 mi-3
£1,80012/240.47 mi-3
£1,20012/240.48 miMeteor Street, Splott, CF243
£1,35012/240.48 miSystem Street, Cardiff(City), CF243
£1,72503/250.49 mi-3
£1,70012/240.5 miWoodville Road, Cathays3
£1,50012/240.51 miAugusta Street, Adamsdown3
£1,50003/240.51 mi-3
£1,50012/240.51 miAugusta Street, Cardiff, CF243
£1,50012/240.51 miAugusta Street, Cardiff 3
£2,30004/240.51 miPark View, Greyfriars Road, Cardiff3
£1,30012/240.51 miArabella Street, CARDIFF3
£1,50012/240.51 miCathays Terrace, Cathays, Cardiff3
£1,35012/240.53 miSystem Street, Cardiff , 3
£1,35012/240.53 miStacey Road, Cardiff3
£1,42512/240.53 mi-3
£1,05003/240.53 miBalaclava Road, Penylan3
£1,75003/240.55 mi-3
£1,75004/240.55 miChurchill Way, Cardiff, CF103
£1,85003/240.55 miLandmark Place3

Local Area Statistics

Population in CF24

55,148

Population in Cardiff

357,494

Town centre distance

1.31 miles away

Nearest school

0.20 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £575,000

February 21, 2025

Description

INVESTMENT OPPORTUNITY

Hafren Properties are pleased to offer you this investment property comprising a ground floor restaurant, and two self-contained flats in City Road, Cardiff.

City Road is one of the busiest shopping streets in Cardiff, with a very high volume of foot and vehicle traffic and only 10 minutes from Cardiff City Centre. City Road comprises a mix of both local and national retailers in the immediate vicinity, including Tesco, William Hill, Subway and Wetherspoon.

The ground floor restaurant and both flats are let and further details are below.

GROUND FLOOR RESTAURANT

The property comprises a well presented ground floor restaurant and takeaway offering approximately 500 sq. ft. (46 sq. m.) of space. The restaurant currently has around 30 covers.

To the rear of the restaurant area is a fully fitted and equipped commercial kitchen, and storeroom.

The restaurant is let under a commercial lease until March 2026 and the current rent is £16,800 per annum, with a rent review in March 2025.

Restaurant Area:  39' 92" x 12' 4" (12.17m x 3.78m)

Commercial Kitchen: 14' 96" x 11' 81" (4.56m x 3.6m)

Storeroom: 13' 68" x 4' 79" (4.17m x 1.46m)

EPC D

FLAT 1

Two bedroom self-contained duplex, comprising open plan lounge and fitted kitchen, two double bedrooms, bathroom.

Lounge/Kitchen: 15' 32" x 13' 88" (4.67m x 4.23m)

Bedroom 1:  14' 34" x 13' 06" (4.37m x 3.98m)

Bedroom 2:  10' 27" x 7' 65" " (3.13m x 2.33m)

Bathroom:  8' 5" x 4' 76"  (2.59m x 1.45m)

The flat is currently let at £1,000 PCM.

EPC D

FLAT 2

One bedroom self-contained flat, comprising open plan lounge and fitted kitchen, one double bedroom, bathroom.

Lounge/Kitchen: 20' 14" x 8' 2" (6.14m x 2.5m)

Bedroom:  9' 71" x 8' 76" " (2.96m x 2.67m)

Bathroom:  9' 12" x 4' 79"  (2.78m x 1.46m)

The flat is currently let at £675 PCM.

EPC D

For further information or to arrange a viewing please contact our office at 209 Penarth Road, Cardiff.

Agent Details

Hafren Properties, Cardiff

029 2271 1779

Next Steps?

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