2 Bed Flat, Single Let, Cardiff, CF24 2RY, £145,000

Cwrt Coles, Splott, Cardiff, CF24 2RY - 2 views - a month ago

Sold STC
Leasehold
BTL
ROI: 6%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£70K - £242.5K
Sold Prices/m²£946/m² - £19.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£132,094

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£8,450

Total Cash In

£44,700

 

 

Cash Out

 

Rent Range

£850 - £1,250

Rent Estimate

£856

Running Costs/mo

£644

Cashflow/mo

£212

Cashflow/yr

£2,540

ROI

6%

Gross Yield

7%

Local Sold Prices

49 sold prices from £70K to £242.5K, average is £125K. £946/m² to £19.3K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£137K11/220 mi21, Cwrt Coles, Cardiff CF24 2RY2
£110K07/210.03 mi53, Glan Rhymni, Splott, Cardiff CF24 2TW2
£119K03/210.03 mi43, Glan Rhymni, Splott, Cardiff CF24 2TW2
£137.5K09/220.03 mi91, Cwrt Boston, Cardiff CF24 2SF2
£133K10/210.03 mi95, Cwrt Boston, Cardiff CF24 2SF2
£110K06/230.08 mi171, Beaufort Square, Cardiff CF24 2TX2
£120K11/210.12 mi105, Beaufort Square, Cardiff CF24 2TT2
£117K06/210.13 mi63, Beaufort Square, Cardiff CF24 2TT2
£130K06/210.13 mi117, Beaufort Square, Cardiff CF24 2TT2
£115K10/200.13 mi103, Beaufort Square, Cardiff CF24 2TT2
£170K11/220.22 mi6, De Bawdrip Road, Cardiff CF24 2TN2
£120K02/210.42 mi17, Deemuir Square, Cardiff CF24 2QX2
£185K12/220.5 mi44, Ffordd Nowell, Penylan, Cardiff CF23 9FA2
£155K01/210.67 mi66, Doe Close, Penylan, Cardiff CF23 9HJ2
£165K04/210.67 mi60, Doe Close, Penylan, Cardiff CF23 9HJ2
£125K11/230.78 mi56, Lynmouth Crescent, Rumney, Cardiff CF3 4AU2
£150K06/210.78 mi224b, Newport Road, Cardiff CF24 1DN2
£150K08/230.78 mi35, Wentloog Close, Rumney, Cardiff CF3 3HB2
£140K06/230.78 mi43, Wentloog Close, Rumney, Cardiff CF3 3HB2
£133K12/200.78 mi41, Wentloog Close, Rumney, Cardiff CF3 3HB2
£107K09/220.78 miSeaton Court, 9, Lynmouth Crescent, Rumney, Cardiff CF3 4AT2
£112K07/230.78 miBarnstaple Court, 38, Lynmouth Crescent, Rumney, Cardiff CF3 4AT2
£113K09/220.79 miLynton Court, 6, Lynmouth Crescent, Rumney, Cardiff CF3 4AT2
£85K09/230.81 miFlat 6, Downton Grange, New Road, Rumney, Cardiff CF3 3BW2
£130K07/210.81 miFirst Floor Flat, 54, Moorland Road, Cardiff CF24 2LN2
£150K09/220.81 miFirst Floor Flat, 54, Moorland Road, Cardiff CF24 2LN2
£242.5K03/210.82 mi58, Richards Terrace, Cardiff CF24 1RX2
£135K09/210.83 mi17, Wentloog Close, Rumney, Cardiff CF3 3HA2
£122.5K11/200.83 mi96, Lynmouth Crescent, Rumney, Cardiff CF3 4AW2
£112K01/240.88 miSutherland Court, Flat 16, Cranleigh Rise, Rumney, Cardiff CF3 4AP2
£136K09/220.88 miFlat 20, Lancaster Court, Cranleigh Rise, Rumney, Cardiff CF3 4AP2
£125K02/210.92 mi66, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£115K11/220.92 mi10, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£116K07/210.92 mi34, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£123K05/230.92 mi22, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£114K05/210.92 mi44, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£120K02/230.93 miCumberland Court, 44, Ridgeway Road, Rumney, Cardiff CF3 4AE2
£128K04/210.94 mi77, Kennerleigh Road, Cardiff CF3 4BG2
£128K11/230.94 mi33, Kennerleigh Road, Cardiff CF3 4BG2
£128K12/200.94 mi27, Kennerleigh Road, Cardiff CF3 4BG2
£165K11/210.94 miFlat 15, Edward Nicholl Court, Waterloo Road, Penylan, Cardiff CF23 9BW2
£132.5K06/210.96 mi69, Kennerleigh Road, Cardiff CF3 4BG2
£128K04/210.96 mi77, Kennerleigh Road, Cardiff CF3 4BG2
£116K07/210.98 mi55, Cecil Street, Roath, Cardiff CF24 1NW2
£70K09/231 mi80, Kennerleigh Road, Cardiff CF3 4BJ2
£120K12/201 mi96, Kennerleigh Road, Cardiff CF3 4BJ2
£125K07/231 mi24, Chulmleigh Close, Cardiff CF3 4BL2
£118K11/201 mi17, Chulmleigh Close, Cardiff CF3 4BL2
£125K04/231 mi11, Chulmleigh Close, Cardiff CF3 4BL2

Local Rents

11 rents from £850/mo to £1.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£95001/250.01 mi-2
£85002/250.03 mi-2
£1,10012/240.04 mi-2
£1,00003/250.04 mi-2
£1,25004/250.13 mi-2
£1,15001/240.42 mi-2
£1,15003/240.48 miFfordd Nowell, Penylan2
£89503/240.49 miFfordd Nowell, Penylan, Cardiff, CF232
£1,14503/240.56 miFfordd Nowell, Penylan, Cardiff2
£95003/240.56 miFfordd Nowell, Penylan2
£1,10003/250.61 mi-2

Local Area Statistics

Population in CF24

55,148

Population in Cardiff

357,494

Town centre distance

2.38 miles away

Nearest school

0.60 miles away

Nearest train station

1.76 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £145,000

March 3, 2025

Floor Plans

Description

  • IDEAL FIRST TIME PURCHASE +
  • Two Double Bedrooms, Second Floor +
  • Spacious Apartment +
  • Close To Local Amenities +
  • Communal Gardens +
  • Two Allocated Parking Spaces +
  • EPC Rating C +

DESCRIPTION IDEAL INVESTMENT OR FIRST TIME PURCHASE MGY are pleased to present for sale a spacious two bedroom, second floor apartment located in the popular Windsor Village development, in Pengam Green. The development is conveniently located close to local amenities, the A48/ M4 link roads and with easy access to the City Centre. The modern accommodation briefly comprises large entrance hall with ample storage, a spacious kitchen/living/dining area, two double bedrooms, master with en-suite and modernised bathroom. The property also benefits from double glazing throughout, security entry intercom system and two allocated parking spaces. Viewing highly recommended.  

LOCATION Windsor Village is a quiet development situated in Pengam Green, with Tesco Extra and the Four Elms Medical Centre close by. It has excellent transport links to the City Centre, Cardiff Bay, the A470 and M4. The property is also within close proximity to Newport Road Retail Park and a variety of supermarkets, restaurants, fast food and coffee shops, including Starbucks and Costa.  

ENTRANCE HALL Entered via wooden door, with security spy hole. Wall mounted entry phone system. Large hallway. Laminate wood effect flooring. Wall mounted storage heater. Three storage cupboards, one housing hot water tank. Doors leading to all rooms.  

LIVING ROOM 13' 1" x 9' 8" (4.01m x 2.97m) Double glazed uPVC windows to front aspect. Laminate wood effect flooring. Wall mounted storage heater. TV aerial point. Telephone point. Coving to ceiling. Open plan living.  

KITCHEN 7' 8" x 7' 8" (2.36m x 2.34m) Fitted kitchen with wall and base units and work surfaces incorporating stainless steel sink. Ample storage. Vinyl flooring. Part tiled walls. Built in oven, four ring electric hob and stainless steel extractor hood over. Splash back. Space for fridge freezer and washing machine. Coving to ceiling. 

MASTER BEDROOM 12' 2" x 10' 2" (3.73m x 3.12m) Double glazed uPVC windows to front aspect. Carpeted flooring. Spacious double bedroom. Built in double wardrobe, with sliding doors. TV aerial point. Wall mounted electric panel heater. Door leading to:-  

EN-SUITE Vinyl tile effect flooring. Part tiled walls. Shower cubicle. Pedestal wash hand basin. W.C. Shaver point.  

BEDROOM TWO 10' 5" x 9' 10" (3.20m x 3.00m) Double glazed uPVC windows to front aspect. Spacious double bedroom. Carpeted flooring. Wall mounted electric panel heater.  

BATHROOM Modernised bathroom. Tiled flooring. Fully tiled walls. Panelled bath with shower over and glass shower screen. Pedestal wash hand basin. W.C. Heater. Extractor fan. Shaver point.  

COMMUNAL GARDENS Large communal gardens. Laid to lawn with communal park.  

PARKING Two allocated parking spaces.  

TENURE MGY are advised that the property is leasehold, with a term of 999 years from 2002. Service charges of £2,048 per annum, which includes building insurance, water rates, security entry intercom system, maintenance of internal and external communal areas, regular cleaning and refuse disposal and two allocated parking spaces. Ground rent £150 per annum.

Agent Details

MGY, Cardiff

029 2271 1494

Next Steps?

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