2 Bed Flat, Single Let, Cardiff, CF23 9BW, £250,000

Waterloo Road Hill, Penylan, Cardiff. CF23 9BW - 2 months ago

Leasehold

BTL

~68 m²

+11 photos

ValuationOvervalued

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Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£62,500£62,500
Stamp Duty & Legal Fees	£16,200£16,200
Total Cash In	£78,700£78,700

Cash Out
Rent Range	£620 - £2,000£620 - £2,000
Rent Estimate	£859
Running Costs/mo	£973£973
Cashflow/mo	£-114£-114
Cashflow/yr	£-1,369£-1,369
Gross Yield	4%4%

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Local Rents

51 rents from £620/mo to £2K/mo, average is £1.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,200	03/24	0 mi	Waterloo Road, Penylan, Cardiff(City), CF23	2	Flat
£1,200	03/24	0.01 mi	Waterloo Road, Cardiff	2	Flat
£1,100	03/24	0.03 mi	Waterloo Road, Penylan	2	Flat
£1,200	03/24	0.12 mi	Thomas Court, Harrismith Road, Penylan	2	Flat
£1,200	03/24	0.12 mi	Thomas Court, Harrismith Road, Penylan	2	Flat
£1,200	05/24	0.12 mi	Thomas Court, Harrismith Road, Penylan	2	Flat
£1,500	02/25	0.17 mi	-	2	Flat
£1,500	04/24	0.19 mi	Pen Y Lan Road, CARDIFF	2	Flat
£1,500	04/24	0.19 mi	Pen-y-Lan Road, CARDIFF	2	Flat
£1,000	03/24	0.23 mi	Foster Drive, Penylan, Cardiff	2	Flat
£1,250	04/24	0.24 mi	Melrose Gardens, Melrose Avenue, Penylan, Cardiff	2	Terraced House
£1,000	12/24	0.25 mi	-	2	Flat
£1,050	04/24	0.28 mi	Penylan Road, Cardiff, CF23	2	Flat
£1,050	05/24	0.28 mi	-	2	Flat
£1,220	12/24	0.28 mi	-	2	Flat
£1,225	04/25	0.29 mi	-	2	Flat
£1,400	02/24	0.32 mi	-	2	Flat
£1,350	05/24	0.32 mi	-	2	Flat
£1,400	03/25	0.32 mi	-	2	Flat
£1,400	03/24	0.32 mi	Hillside Court, Penylan, Cardiff, CF23	2	Flat
£1,250	03/24	0.32 mi	Hillside Court, Penylan, Cardiff, CF23	2	Flat
£1,350	04/24	0.32 mi	Hillside Court, Penylan, Cardiff, CF23	2	Flat
£1,100	05/24	0.33 mi	Penylan Road, Penylan	2	Flat
£950	04/24	0.34 mi	Clarendon Road, Penylan, Cardiff	2	Flat
£1,400	04/24	0.34 mi	-	2	Flat
£1,300	01/25	0.34 mi	-	2	Flat
£2,000	02/24	0.34 mi	-	2	Flat
£1,500	03/24	0.35 mi	Clifton House, Cyncoed Gardens, Cyncoed, Cardiff, CF23	2	Flat
£1,000	03/24	0.35 mi	Ty Draw Road, Penylan, CARDIFF	2	Flat
£1,100	04/25	0.39 mi	-	2	Flat
£850	12/24	0.47 mi	-	2	Flat
£1,100	04/24	0.49 mi	Marlborough Road, Roath Park	2	Flat
£995	03/24	0.49 mi	Marlborough Road, Penylan.	2	Flat
£950	03/24	0.49 mi	Ffordd Nowell, Penylan	2	Flat
£1,295	12/24	0.5 mi	-	2	Flat
£1,150	05/24	0.5 mi	Park View House, Ninian Road, Roath	2	Flat
£1,100	03/24	0.5 mi	Marlborough House, Penylan	2	Flat
£1,100	12/24	0.51 mi	Bangor Street, Roath Park	2	Flat
£1,300	05/24	0.51 mi	Marlborough Road, Roath, Cardiff	2	Flat
£1,300	05/24	0.51 mi	Marlborough Road, Roath, Cardiff	2	Flat
£1,400	03/24	0.51 mi	Marlborough Road, Roath, CF23	2	Flat
£620	03/24	0.52 mi	Marlborough Road, Cardiff, Cardiff (County of), CF23	2	Flat
£895	03/24	0.52 mi	Ffordd Nowell, Penylan, Cardiff, CF23	2	Flat
£1,400	02/25	0.52 mi	-	2	Flat
£1,150	03/24	0.53 mi	Ffordd Nowell, Penylan	2	House
£1,300	03/24	0.53 mi	Marlborough Road	2	Flat
£1,145	03/24	0.53 mi	Ffordd Nowell, Penylan, Cardiff	2	Terraced House
£1,500	05/24	0.53 mi	Ninian Road, Cardiff	2	Flat
£1,300	01/24	0.54 mi	-	2	Flat
£1,150	02/25	0.54 mi	-	2	Flat
£875	04/25	0.56 mi	-	2	Flat

Local Area Statistics

Population in CF23	46,98846,988
Population in Cardiff	357,494357,494
Town centre distance	1.48 miles away1.48 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	1.27 miles away1.27 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+22%+22%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+41%+41%

Property History

Price changed to £250,000

March 28, 2025

Listed for £265,000

February 25, 2025

Description

Superb 2 double bedroom apartment +
Large open-plan lounge and dining area +
Stylish and recently fitted kitchen +
2 excellent size double bedrooms +
Fabulous shower room/wc +
Recently renovated throughout +
Parking space + garage to rear +
Ideally located close to all local amenities +
Lengthy lease available upon completion if required +
VIEWING'S AVAILABLE - CALL TODAY +

*OFFERS IN EXCESS OF £250,000 WITH CURRENT LEASE - A beautifully presented and very spacious 2 double bedroom apartment in Penylan* Edwards and Co are delighted to offer for sale this fabulous first floor property in this highly desirable location. VIEWING'S AVAILABLE IMMEDIATELY

Agent Details

Edwards & Co, Cardiff

029 2271 6448

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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