2 Bed Bungalow, Planning Permission, Cardiff, CF23 6EJ, £389,995

Celyn Avenue, Lakeside, Cardiff, CF23 6EJ - 2 views - a month ago

Planning
~68 m²
+14 photos

ValuationOvervalued

Sold Prices£145K - £1.1M
Sold Prices/m²£1.9K/m² - £5.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.7K/m²

Value Estimate

£227,037

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£97,499

Stamp Duty & Legal Fees

£27,700

Total Cash In

£125,198

 

 

Cash Out

 

Rent Range

£950 - £2,600

Rent Estimate

£972

Running Costs/mo

£1,433

Cashflow/mo

£-461

Cashflow/yr

£-5,534

Gross Yield

3%

Local Sold Prices

50 sold prices from £145K to £1.1M, average is £225.3K. £1.9K/m² to £5.7K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£244K10/200.22 mi8, Woolaston Avenue, Cardiff CF23 6EZ2
£380K04/210.44 mi40, Rhydypenau Road, Cardiff CF23 6PT2
£1.1M10/220.49 mi19, Llangorse Road, Cardiff CF23 6PF2
£440K05/210.68 mi171, King George V Drive East, Cardiff CF14 4EP2
£420K01/210.72 mi10, Ffordd Cwellyn, Cardiff CF23 5NB2
£275K06/210.78 mi86, Fidlas Road, Cardiff CF14 0NE2
£145K02/210.84 mi14, Coed Edeyrn, Llanedeyrn, Cardiff CF23 9JT2
£270K07/210.99 mi11, Hackerford Road, Cardiff CF23 6QY2
£220K01/231.02 mi16, Hurford Place, Cardiff CF23 6RA2
£283.5K01/211.04 mi7, Hurford Place, Cardiff CF23 6QZ2
£330K08/231.08 mi8, The Fairway, Cardiff CF23 6RE2
£360K04/231.17 mi54, Hampton Crescent East, Cardiff CF23 6RG2
£185K02/211.23 mi8 Cwrt Glas, Ty Glas Road, Llanishen, Cardiff CF14 5DT2
£250K08/231.24 mi9, Talygarn Street, Cardiff CF14 3PS2
£244.9K02/241.24 mi8, Talygarn Street, Cardiff CF14 3PT2
£195K03/211.24 mi43, Talygarn Street, Cardiff CF14 3PS2
£242.5K04/231.24 mi26, Talygarn Street, Cardiff CF14 3PT2
£187K03/211.29 mi9, Gwennyth Street, Cardiff CF24 4PH2
£187K03/211.29 mi9, Gwennyth Street, Cardiff CF24 4PH2
£174K02/211.29 mi27, Lovage Close, Pontprennau, Cardiff CF23 8SB2
£158K03/211.3 mi66, Bryn Haidd, Cardiff CF23 7JP2
£150K06/211.3 mi79, Bryn Haidd, Cardiff CF23 7JP2
£268K07/231.31 mi15, Bruce Street, Cardiff CF24 4PJ2
£220.1K10/201.31 mi34, Nasturtium Way, Pontprennau, Cardiff CF23 8SF2
£205K03/211.32 mi58, Ashbourn Way, Llanishen, Cardiff CF14 5EY2
£189.9K01/211.33 mi32, Dartington Drive, Pontprennau, Cardiff CF23 8SA2
£206K12/201.34 mi17, Quentin Street, Cardiff CF14 3JW2
£225.5K02/211.34 mi42, Spencer Street, Cardiff CF24 4PG2
£195K05/231.35 mi17, Bryn Haidd, Cardiff CF23 7JN2
£240K10/211.35 mi109, Alfred Street, Cardiff CF24 4UA2
£265K07/231.37 mi87, Newborough Avenue, Llanishen, Cardiff CF14 5DA2
£210K12/231.37 mi34, Maitland Street, Cardiff CF14 3JU2
£257.5K09/231.37 mi48, Maitland Street, Cardiff CF14 3JU2
£225K12/201.39 mi49, Foster Drive, Penylan, Cardiff CF23 9BD2
£170K12/201.39 mi57, Foster Drive, Penylan, Cardiff CF23 9BD2
£220K09/211.39 mi44, Robert Street, Cathays, Cardiff CF24 4PD2
£165K07/231.39 mi10, Blue House Road, Llanishen, Cardiff CF14 5BW2
£205.3K03/211.4 mi122, Watkins Square, Llanishen, Cardiff CF14 5FL2
£227.5K06/231.4 mi16, Gaulden Grove, Pontprennau, Cardiff CF23 8SD2
£220K02/211.41 mi45, Oakleafe Drive, Cardiff CF23 8AL2
£285K03/231.41 mi2, Oakleafe Drive, Pontprennau, Cardiff CF23 8AL2
£172.5K01/211.41 mi406, Caerphilly Road, Cardiff CF14 4NF2
£232K10/211.41 mi52, Daniel Street, Cardiff CF24 4NY2
£205K03/211.42 mi24, Foster Drive, Penylan, Cardiff CF23 9BZ2
£242K11/221.42 mi18, Foster Drive, Penylan, Cardiff CF23 9BZ2
£200K07/211.42 mi20, Foster Drive, Penylan, Cardiff CF23 9BZ2
£305K06/231.42 mi15, Pantbach Avenue, Cardiff CF14 1UR2
£225K07/231.43 mi3, Robert Street, Cathays, Cardiff CF24 4PB2
£255K02/231.44 mi106, Inverness Place, Cardiff CF24 4SA2
£230K02/231.45 mi4, Mathias Close, Penylan, Cardiff CF23 9BE2

Local Rents

26 rents from £950/mo to £2.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,00003/240.06 miJames Court, Celyn Avenue, Cyncoed2
£2,60012/240.11 mi-2
£1,15003/240.11 miClearwater Way, CARDIFF2
£1,15003/240.11 miClearwater Way, CARDIFF2
£1,15003/240.11 miClearwater Way, CARDIFF2
£1,15003/240.11 miClearwater Way, CARDIFF2
£1,15003/240.11 miClearwater Way, CARDIFF2
£1,15003/240.11 miClearwater Way, CARDIFF2
£1,15004/240.11 miClearwater Way, CARDIFF2
£1,15003/240.11 miClearwater Way, CARDIFF2
£1,15003/240.11 miClearwater Way, CARDIFF2
£1,15004/240.11 miClearwater Way, CARDIFF2
£1,15004/240.11 miClearwater Way, CARDIFF2
£1,15004/240.11 miClearwater Way, CARDIFF2
£1,10004/240.2 miBirch Court, Woolaston Avenue, Lakeside, Cardiff, CF232
£1,07503/240.21 miWoolaston Avenue, Cardiff, CF232
£1,10004/240.22 miWoolaston Avenue, CARDIFF2
£1,20004/240.38 miDuffryn Close, Cyncoed2
£1,20004/240.38 miDuffryn Close, Heath2
£1,20004/240.38 miDuffryn Close, CARDIFF2
£1,05005/240.39 miLakelands Court, Rhydypenau Road, Cardiff2
£1,25003/240.44 miDuffryn Road, CARDIFF2
£1,00003/240.45 miHeath Halt Court, Heath, Cardiff, CF232
£1,30003/250.45 mi-2
£97512/240.45 mi-2
£95004/240.49 miHighfield Road, Roath Park, Cardiff, CF232

Local Area Statistics

Population in CF23

46,988

Population in Cardiff

357,494

Town centre distance

1.35 miles away

Nearest school

0.20 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+22%

Sales demand

Balanced market

Capital growth (5yrs)

+41%

Property History

Listed for £389,995

February 24, 2025

Floor Plans

Description

  • Desirable Location – Situated on Celyn Avenue in the sought-after Lakeside area. +
  • Two-Bedroom Bungalow – Well-proportioned accommodation with scope to modernise. +
  • Potential to Extend – Opportunity to enhance, subject to planning permission. +
  • Off-Road Parking & Garage – Driveway parking plus additional storage. +
  • Excellent Local Amenities – Close to the recently upgraded Lakeside shopping parade and Roath Park. +
  • Strong Transport Links – Regular bus services, nearby train stations (1 mile), and easy access to the A48, A470, and M4. +
  • School Catchment – Within the catchment area for Cardiff High School and Lakeside Primary (English-medium) and Ysgol Gyfun Gymraeg Bro Edern and Ysgol Y Berllan Deg (Welsh-medium). +
  • No Chain & Vacant Possession. +

A Two-Bedroom Semi-Detached Bungalow with Potential in Sought-After Lakeside.

Located on the desirable Celyn Avenue, this well-positioned two-bedroom semi-detached bungalow offers an excellent opportunity to modernise and extend, subject to the necessary planning consents.

The accommodation comprises an entrance porch, entrance hall, spacious living room, fitted kitchen, two bedrooms, and a shower room. Additional benefits include gas central heating, UPVC double glazing, off-road parking, enclosed rear garden and a garage.

Lakeside is a highly sought-after residential area, renowned for its excellent amenities, transport links, and access to green spaces. The recently upgraded Lakeside shopping parade provides a range of local conveniences, including a café and a convenience store, while Roath Park and its renowned lake are within walking distance.

The area is well served by public transport, with regular bus routes from Lakeside Drive (0.2 miles) and Heath High-Level and Low-Level train stations (1 mile) providing direct links to Cardiff city centre (approximately 3 miles). Cardiff Bay is just 4 miles away, offering an array of waterfront dining and entertainment options.

For those commuting further afield, the A48 provides easy access to the A470 and M4 motorway. The property is within the catchment area for well-regarded schools, including Lakeside Primary School and Cardiff High School for English-medium education, and Ysgol Y Berllan Deg and Ysgol Gyfun Gymraeg Bro Edern for Welsh-medium schooling.

A rare opportunity to acquire a bungalow on a corner plot in this sought-after location, with significant potential for improvement. Viewing is highly recommended. Offered to the market with no chain and vacant possession.  Additional Information:
Tenure: Freehold. Please verify via your Solicitor. 
Council Tax Band: E. Approximately £2233.00 per annum. 
Land Transaction Tax (LTT): £9,899.00 based on the asking price. 
Square Footage: 822.00 Sq Ft. Please verify via your own means.

Agent Details

Chambers Estate Agents, Whitchurch

029 2271 1193

Next Steps?

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