2 Bed Flat, Single Let, Cardiff, CF23 7BE, £150,000

Waun Fach, Cardiff, CF23 7BE - 13 days ago

Leasehold

BTL

ROI: 4%

~68 m²

+10 photos

ValuationUndervalued

Sold Prices	£91K - £302K
Sold Prices/m²	£1.4K/m² - £2.7K/m²

Square Metres	~68.11 m²
Price/m²	£2.2K/m²
Value Estimate	£162,763£162,763
BMV	9%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£37,500£37,500
Stamp Duty & Legal Fees	£8,700£8,700
Total Cash In	£46,200£46,200

Cash Out
Rent Range	£800 - £1,200£800 - £1,200
Rent Estimate	£806
Running Costs/mo	£650£650
Cashflow/mo	£156£156
Cashflow/yr	£1,873£1,873
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

32 sold prices from £91K to £302K, average is £153.5K. £1.4K/m² to £2.7K/m², average is £2.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£115K	01/21	0.32 mi	32, Marle Close, Pentwyn, Cardiff CF23 7EP	£1,939	59	2	Flat
£165K	01/23	0.32 mi	26, Marle Close, Pentwyn, Cardiff CF23 7EP	£2,426	68	2	Flat
£157K	11/22	0.35 mi	32, Hollybush Heights, Cardiff CF23 7HF	£2,659	59	2	Flat
£150K	01/21	0.35 mi	23, Hollybush Heights, Cardiff CF23 7HF	£2,239	67	2	Flat
£118K	01/21	0.36 mi	15, Goldcrest Drive, Cardiff CF23 7HJ	£2,682	44	2	Flat
£118K	12/20	0.36 mi	7, Goldcrest Drive, Cardiff CF23 7HJ	£2,565	46	2	Flat
£91K	11/20	0.43 mi	10, Glyn Collen, Cardiff CF23 7ER	£1,936	47	2	Flat
£158K	07/23	0.45 mi	89, Wyncliffe Gardens, Cardiff CF23 7FB	£2,678	59	2	Flat
£132.5K	10/20	0.48 mi	22, Clos Dol Heulog, Pontprennau, Cardiff CF23 8AT	£2,500	53	2	Flat
£155K	10/21	0.48 mi	26, Clos Dol Heulog, Pontprennau, Cardiff CF23 8AT	£2,627	59	2	Flat
£302K	03/23	0.54 mi	Flat 4, Hollybush Court, Hollybush Road, Cardiff CF23 6TE	-	-	2	Flat
£135K	08/21	0.55 mi	4, Pipkin Close, Pontprennau, Cardiff CF23 8FD	£2,547	53	2	Flat
£140K	04/21	0.55 mi	7, Pipkin Close, Pontprennau, Cardiff CF23 8FD	-	-	2	Flat
£168K	01/21	0.58 mi	Flat 11, Androvan Court, Hollybush Road, Cardiff CF23 6TF	-	-	2	Flat
£152K	04/23	0.58 mi	25, Blackberry Way, Pontprennau, Cardiff CF23 8FE	£2,490	61	2	Flat
£150K	10/21	0.6 mi	23, Rowsby Court, Pontprennau, Cardiff CF23 8FG	£2,390	63	2	Flat
£167K	12/22	0.6 mi	12, Rowsby Court, Pontprennau, Cardiff CF23 8FG	£2,197	76	2	Flat
£157.5K	04/23	0.6 mi	7, Rowsby Court, Pontprennau, Cardiff CF23 8FG	£2,582	61	2	Flat
£160K	01/23	0.6 mi	70, Rowsby Court, Pontprennau, Cardiff CF23 8FG	£2,342	68	2	Flat
£250K	10/21	0.6 mi	Flat 5, Crescent Court, Cyncoed Crescent, Cardiff CF23 6TD	-	-	2	Flat
£163K	01/23	0.61 mi	11, Rowsby Court, Pontprennau, Cardiff CF23 8FG	-	-	2	Flat
£300K	12/22	0.64 mi	20a, Cyncoed Place, Cardiff CF23 6SG	-	-	2	Flat
£263.8K	10/21	0.71 mi	Flat 5, Cotswold Court, Cyncoed Place, Cardiff CF23 6SL	-	-	2	Flat
£140K	02/21	0.77 mi	7, Forest Oak Close, Cardiff CF23 6QN	£2,029	69	2	Flat
£140K	02/21	0.77 mi	7, Forest Oak Close, Cardiff CF23 6QN	£2,029	69	2	Flat
£95K	03/21	0.78 mi	24, Forest Oak Close, Cardiff CF23 6QN	£1,396	68	2	Flat
£172K	05/23	0.78 mi	Flat 2, Blackoak Court, Forest Oak Close, Cardiff CF23 6QN	-	-	2	Flat
£95K	03/21	0.78 mi	24, Forest Oak Close, Cardiff CF23 6QN	£1,396	68	2	Flat
£145K	06/21	0.78 mi	16, Forest Oak Close, Cardiff CF23 6QN	£2,101	69	2	Flat
£171K	03/23	0.78 mi	17, Forest Oak Close, Cardiff CF23 6QN	£2,478	69	2	Flat
£140K	05/21	0.81 mi	18, Kenmare Mews, Pontprennau, Cardiff CF23 8RG	£2,204	64	2	Flat
£248.5K	11/21	0.87 mi	Flat 2, Berkeley Court, Rannoch Drive, Cardiff CF23 6LU	-	-	2	Flat

Local Rents

27 rents from £800/mo to £1.2K/mo, average is £1K/mo.

Rent	Date	Distance	Address	Beds	Type
£995	03/24	0.21 mi	Brynheulog, Pentwyn, Cardiff, CF23	2	Terraced House
£995	04/24	0.21 mi	Brynheulog, Pentwyn	2	Terraced House
£995	03/25	0.23 mi	-	2	Terraced House
£1,050	12/24	0.27 mi	-	2	Terraced House
£1,050	02/25	0.27 mi	-	2	Terraced House
£1,050	03/24	0.28 mi	Bryn Haidd, Pentwyn, Cardiff	2	Flat
£975	03/24	0.31 mi	Bryn Haidd, Pentwyn	2	Terraced House
£1,000	04/24	0.34 mi	Oakleafe Drive, Pontprennau,	2	Terraced House
£850	05/24	0.38 mi	St Margarets Court, Cyncoed	2	Flat
£1,000	12/24	0.39 mi	-	2	Terraced House
£1,100	03/24	0.39 mi	Oakford Close, CF23	2	Bungalow
£950	03/24	0.4 mi	Gaulden Grove, Pontprennau	2	Terraced House
£1,050	05/24	0.41 mi	Amber Close, Pontprennau, Cardiff	2	Terraced House
£995	04/24	0.41 mi	The Maltings, Pontprennau	2	Semi-Detached House
£1,000	04/24	0.48 mi	Wisley Place, Pontprennau, Cardiff	2	Semi-Detached House
£900	03/24	0.48 mi	Clos Dol Heulog, Pontprennau, Cardiff	2	Flat
£1,000	04/24	0.48 mi	Clos Dol Heulog, Pontprennau, Cardiff	2	Flat
£1,150	05/24	0.49 mi	-	2	Flat
£1,150	03/25	0.49 mi	-	2	Flat
£1,150	06/24	0.49 mi	-	2	Flat
£1,150	05/24	0.49 mi	Wyncliffe Gardens, Cardiff, CF23	2	Flat
£1,000	03/24	0.53 mi	The Farthings, Pontprennau, Cardiff	2	Detached House
£800	03/24	0.54 mi	Wern Goch West, Llanederyn, Cardiff	2	Flat
£1,200	12/24	0.59 mi	-	2	Semi-Detached House
£1,000	03/24	0.6 mi	Rowsby Court, Pontprennau, CARDIFF	2	Flat
£995	03/24	0.61 mi	Rowsby Court, Pontprennau, Cardiff, CF23	2	Flat
£1,150	04/24	0.61 mi	Clos Cwm Du, Pontprennau, Cardiff, CF23	2	Semi-Detached House

Local Area Statistics

Population in CF23	46,98846,988
Population in Cardiff	357,494357,494
Town centre distance	2.49 miles away2.49 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	1.48 miles away1.48 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

Listed for £150,000

March 11, 2025

Floor Plans

Description

Ground floor flat +
Long Lease +
Ideal first time buy +
Central location +
High finish throughout +
Ample Parking +

This charming two-bedroom flat boasts a spacious, bright reception room that’s ideal for both relaxation and entertaining. The property was fully renovated just three years ago, featuring new flooring throughout, fresh contemporary décor, and a modern, fully fitted kitchen and bathroom – making it ready to move straight in.

Outside, you’ll appreciate the peaceful communal gardens, complete with washing lines for added convenience. Additionally, the flat benefits from a private garage, offering valuable off-street parking and extra storage space.

This is a rare opportunity to secure a beautifully updated ground floor flat with all the amenities you need. Arrange a viewing today and don’t miss out on making this wonderful property your new home!

Agent Details

Darlows, Albany Road

029 2271 6242

Next Steps?

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

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