3 Bed Detached House, Refurb/BRRR, Cardiff, CF23 9HS, £425,000

Carisbrooke Way, Penylan, Cardiff, CF23 9HS - 2 views - a month ago

Refurb/BRRR
~93 m²
+11 photos

ValuationOvervalued

Sold Prices£135K - £700K
Sold Prices/m²£1.5K/m² - £5.9K/m²

 

 

Square Metres

~93 m²
Price/m²£4.6K/m²

Value Estimate

£301,869

 

 

End Value (After Refurb)

£402,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£24,700

Refurb Costs

£38,000

Bridging Loan Interest

£11,156

Total Cash In

£181,856

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£402,000

Mortgage (After Refinance)

£301,500

Mortgage LTV

75%

Cash Left In

£181,856

Equity

£100,500

Rent Range

£1,100 - £1,590

Rent Estimate

£1,304

Running Costs/mo

£1,537

Cashflow/mo

£-233

Cashflow/yr

£-2,797

Gross Yield

4%

Local Sold Prices

51 sold prices from £135K to £700K, average is £320K. £1.5K/m² to £5.9K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£328K02/210 mi10, Carisbrooke Way, Cardiff CF23 9HS3
£348K10/200.06 mi14, Lonsdale Road, Penylan, Cardiff CF23 9JF3
£270K02/230.11 mi13, Grafton Close, Penylan, Cardiff CF23 9JA3
£420K03/230.11 mi7, Grafton Close, Penylan, Cardiff CF23 9JA3
£420K10/200.11 mi34, Carisbrooke Way, Cardiff CF23 9HW3
£262K11/200.12 mi9, Ormonde Close, Penylan, Cardiff CF23 9JG3
£365K06/230.14 mi6, Oakwood Avenue, Penylan, Cardiff CF23 9HA3
£540K01/230.15 mi13, Llwyn Y Grant Place, Penylan, Cardiff CF23 9EX3
£253K04/210.17 mi7, Well Wood Close, Penylan, Cardiff CF23 9HD3
£153.5K04/210.2 mi46, Awel Mor, Llanedeyrn, Cardiff CF23 9QB3
£285K03/230.21 mi16, Lothian Crescent, Penylan, Cardiff CF23 9HY3
£310K01/230.22 mi71, Oakwood Avenue, Penylan, Cardiff CF23 9EZ3
£400K06/210.24 mi24, Pen Y Lan Terrace, Penylan, Cardiff CF23 9EU3
£260K12/210.24 mi47, Pinewood Crescent, Penylan, Cardiff CF23 9HF3
£410K06/210.25 mi146, Llanedeyrn Road, Penylan, Cardiff CF23 9EA3
£260K03/230.28 mi97, Wellwood, Llanedeyrn, Cardiff CF23 9JR3
£308K02/210.29 mi86, Carisbrooke Way, Cardiff CF23 9HX3
£375K03/230.29 mi74, Carisbrooke Way, Cardiff CF23 9HX3
£360K11/210.3 mi15, Turnham Green, Penylan, Cardiff CF23 9DL3
£215K12/200.3 mi3, Roundwood Close, Penylan, Cardiff CF23 9HH3
£320K12/220.31 mi6, Roundwood Close, Penylan, Cardiff CF23 9HH3
£550K03/210.33 mi55, Barons Court Road, Penylan, Cardiff CF23 9DG3
£357K12/200.33 mi24, Hampton Court Road, Penylan, Cardiff CF23 9DH3
£345K01/210.34 mi36, Hampton Court Road, Penylan, Cardiff CF23 9DH3
£201K02/210.35 mi36, Ael Y Bryn, Llanedeyrn, Cardiff CF23 9LG3
£206K06/210.38 mi161, Ael Y Bryn, Llanedeyrn, Cardiff CF23 9LH3
£220K05/230.38 mi134, Chapel Wood, Llanedeyrn, Cardiff CF23 9EH3
£258.5K12/200.38 mi37, Foster Drive, Penylan, Cardiff CF23 9BD3
£425K06/230.4 mi22, Southcourt Road, Penylan, Cardiff CF23 9DA3
£370K11/220.4 mi3, Firstbrook Close, Cardiff CF23 9ER3
£145K10/200.4 mi168, Chapel Wood, Llanedeyrn, Cardiff CF23 9EJ3
£385K11/210.41 mi36, Barons Court Road, Penylan, Cardiff CF23 9DF3
£427.5K04/230.41 mi3, Barons Court Road, Penylan, Cardiff CF23 9DF3
£700K04/230.41 mi10, Bronwydd Avenue, Cardiff CF23 5JP3
£205K03/210.43 mi124, Ael Y Bryn, Llanedeyrn, Cardiff CF23 9LJ3
£320K02/210.44 mi17, Hammond Way, Cardiff CF23 9BB3
£165K02/210.46 mi99, Ael Y Bryn, Llanedeyrn, Cardiff CF23 9LL3
£135K02/210.46 mi224, Chapel Wood, Llanedeyrn, Cardiff CF23 9EL3
£170K11/220.46 mi210, Chapel Wood, Llanedeyrn, Cardiff CF23 9EL3
£145K12/200.47 mi258, Chapel Wood, Llanedeyrn, Cardiff CF23 9EN3
£155K12/200.47 mi63, Chapel Wood, Llanedeyrn, Cardiff CF23 9EF3
£155K12/200.47 mi63, Chapel Wood, Llanedeyrn, Cardiff CF23 9EF3
£530K07/210.47 mi32, Colchester Avenue, Penylan, Cardiff CF23 9BP3
£505K12/220.47 mi106, Colchester Avenue, Penylan, Cardiff CF23 9AZ3
£180K11/220.48 mi244, Chapel Wood, Llanedeyrn, Cardiff CF23 9EN3
£167K11/220.49 mi281, Chapel Wood, Llanedeyrn, Cardiff CF23 9EP3
£400K08/210.49 mi2, Melrose Avenue, Penylan, Cardiff CF23 9AR3
£147K12/200.51 mi282, Chapel Wood, Llanedeyrn, Cardiff CF23 9EP3
£385K01/210.52 mi4, Brandreth Gardens, Cardiff CF23 5NJ3
£390K12/200.55 mi31, Ilton Road, Cardiff CF23 5DU3
£405K06/230.55 mi10, Ilton Road, Cardiff CF23 5DU3

Local Rents

14 rents from £1.1K/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,37505/240.11 miGrafton Close, Penylan, CARDIFF3
£1,40004/240.14 miGrafton Close, Penylan3
£1,20003/240.18 miQueenwood, Penylan, Cardiff3
£1,20004/240.18 miQueenwood, Penylan, Cardiff3
£1,10005/240.18 miQueenwood, Penylan, Cardiff3
£1,20004/240.2 miAwel Mor, Llanedeyrn, Cardiff3
£1,30004/240.2 miWellwood, Cardiff3
£1,35005/240.2 miWellwood, Llanedeyrn3
£1,45003/250.25 mi-3
£1,33503/240.32 miWaterloo Road, Penylan, Cardiff, CF23 9BL3
£1,20003/240.35 miPen-y-lan Road, Cardiff(City), CF233
£1,50005/240.35 miPen-Y-Lan Road, CARDIFF3
£1,20005/240.47 mi-3
£1,59004/240.59 miDoe Close, Penylan, Cardiff3

Local Area Statistics

Population in CF23

46,988

Population in Cardiff

357,494

Town centre distance

1.64 miles away

Nearest school

0.10 miles away

Nearest train station

1.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+22%

Sales demand

Balanced market

Capital growth (5yrs)

+41%

Property History

Price changed to £425,000

March 16, 2025

Listed for £450,000

February 24, 2025

Floor Plans

Description

  • Detached Family Home +

  • Three Bedrooms +

  • Dining Room and Lounge +

  • Fitted Kitchen and Utility Room +

  • First Floor Shower Room and Downstairs WC +

  • Front and Rear Gardens +

  • Driveway and Garage +

  • Popular Location +

SUMMARY
NO CHAIN! A THREE BEDROOM DETACHED family home, requiring modernisation, situated in the popular location of PENYLAN within walking distance of local shops, bus routes, schools and within easy access to the Cardiff City Centre and the A48/M4 access corridor. Internal viewing highly recommended!

DESCRIPTION
NO ONWARD CHAIN! A DETACHED family home, requiring modernisation, situated in the popular location of PENYLAN within walking distance of local shops, bus routes, schools and within easy access to the Cardiff City Centre and the A48/M4 access corridor. The property briefly comprises hallway, downstairs WC, dining room, lounge, fitted kitchen and utility room to the ground floor. To the first floor are three bedrooms, dressing area and shower room. The property further benefits from gas central heating, front and rear gardens, garage and driveway providing off street parking. Internal viewing is recommended!

Ground Floor 

Entrance 
Via front door into:

Hallway 
Built in storage and access to:

Downstairs Wc 
Fitted with a two piece suite comprising WC, wash hand basin and double glazed window to front aspect.

Dining Room 13' 5" Max x 12' 6" Max ( 4.09m Max x 3.81m Max )
Double glazed window to front aspect and doors providing access to:

Lounge 18' 3" Max x 12' 6" Max ( 5.56m Max x 3.81m Max )
Double glazed sliding doors providing access to rear garden.

Kitchen/ Diner 15' Max x 11' 8" Max ( 4.57m Max x 3.56m Max )
Fitted with a range of wall and base level units with complementary work surfaces over, sink unit, integrated double oven and double glazed window to rear aspect and access to:

Utility Room 7' 8" x 5' 1" ( 2.34m x 1.55m )
Double glazed metal door providing access to rear and wall mounted combi boiler.

First Floor 

Landing 
Double glazed window to side aspect on staircase, loft hatch and doors providing access to:

Bedroom One 19' 3" Max x 11' 11" Max ( 5.87m Max x 3.63m Max )
Double glazed window to rear aspect.

Bedroom Two 13' 4" Max x 11' 10" Max ( 4.06m Max x 3.61m Max )
Double glazed bay window to front aspect.

Bedroom Three 18' 4" Max x 13' Max ( 5.59m Max x 3.96m Max )
Double glazed window to front aspect.

Dressing Area 
Space for wardrobes and chest of drawers.

Shower Room 
Fitted with a three piece suite comprising shower cubicle, WC, wash hand basin and double glazed window to front aspect.

Outside 

Front Garden 
Planted beds with path and steps leading to front entrance.

Rear Garden 
Enclosed with paved patio area, raised lawn with planted borders and gated side access.

Garage 

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Allen & Harris, Roath

029 2271 5121

Next Steps?

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