4 Bed Terraced House, Refurb/BRRR, Cardiff, CF24 2NH, £240,000

152 Railway Street, Cardiff, CF24 2NH - 3 views - 19 days ago

Refurb/BRRR
ROI: 8%
79 m²
+10 photos

ValuationOvervalued

Sold Prices£138.5K - £625K
Sold Prices/m²£1.5K/m² - £8.4K/m²

 

 

Square Metres

79 m²
Price/m²£3K/m²

Value Estimate

£230,820

 

 

End Value (After Refurb)

£230,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£13,200

Refurb Costs

£32,280

Bridging Loan Interest

£6,300

Total Cash In

£113,530

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£230,750

Mortgage (After Refinance)

£173,063

Mortgage LTV

75%

Cash Left In

£113,530

Equity

£57,688

Rent Range

£524 - £4,900

Rent Estimate

£1,815

Running Costs/mo

£1,104

Cashflow/mo

£711

Cashflow/yr

£8,531

ROI

8%

Gross Yield

9%

Local Sold Prices

50 sold prices from £138.5K to £625K, average is £392.5K. £1.5K/m² to £8.4K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£320K09/220.12 mi63, Moorland Road, Cardiff CF24 2LF4
£273.9K03/230.12 mi21, Moorland Road, Cardiff CF24 2LF4
£327.5K03/230.12 mi25, Moorland Road, Cardiff CF24 2LF4
£180K11/210.21 mi115, Broadway, Cardiff CF24 1QF4
£250K03/230.29 mi28, Courtenay Road, Cardiff CF24 2JQ4
£242.2K11/220.3 mi46, Stacey Road, Cardiff CF24 1DU4
£186K09/210.3 mi9, Pearl Street, Cardiff CF24 1HB4
£335K06/210.3 mi327, Newport Road, Cardiff CF24 1RL4
£220K04/210.33 mi7, Stacey Road, Cardiff CF24 1DR4
£138.5K03/210.38 miUpper Floor Flat, 132, Splott Road, Cardiff CF24 2DD4
£510K09/210.39 mi11, Southminster Road, Cardiff CF23 5AT4
£410K02/210.4 mi315, Albany Road, Cardiff CF24 3NY4
£427.5K06/230.45 mi73, Roath Court Road, Cardiff CF24 3SF4
£462K03/210.46 mi7, Princes Avenue, Cardiff CF24 3SN4
£215K06/210.48 mi50, Singleton Road, Cardiff CF24 2ET4
£450K09/220.49 mi234, Albany Road, Cardiff CF24 3RZ4
£430K01/210.51 mi37, Princes Street, Cardiff CF24 3SL4
£458K10/200.53 mi150, Marlborough Road, Cardiff CF23 5BZ4
£570K07/230.53 mi142, Marlborough Road, Cardiff CF23 5BZ4
£390K02/210.53 mi49, Oakfield Street, Cardiff CF24 3RE4
£523K12/220.58 mi49, Waterloo Gardens, Cardiff CF23 5AB4
£625K07/220.58 mi19, Wordsworth Avenue, Cardiff CF24 3FQ4
£242K06/230.58 mi82, Partridge Road, Cardiff CF24 3QY4
£437.5K04/210.59 mi32, Stallcourt Avenue, Cardiff CF23 5AN4
£395K01/210.6 mi38, Roath Court Road, Cardiff CF24 3SD4
£200K03/230.6 mi17, Clyde Street, Cardiff CF24 0HU4
£395K11/200.6 mi33, Stallcourt Avenue, Cardiff CF23 5AL4
£365K10/200.6 mi51, Stallcourt Avenue, Cardiff CF23 5AL4
£510K12/220.61 mi39, Stallcourt Avenue, Cardiff CF23 5AL4
£487.5K01/230.62 mi22, Deri Road, Cardiff CF23 5AJ4
£214K03/210.64 mi7, Hart Place, Splott, Cardiff CF24 2TP4
£340K04/210.67 mi109, Westville Road, Cardiff CF23 5AG4
£405K02/230.7 mi65, Claude Road, Cardiff CF24 3QB4
£565K10/210.7 mi102, Kimberley Road, Cardiff CF23 5DN4
£455K01/210.71 mi113, Kimberley Road, Cardiff CF23 5DP4
£350K07/210.74 mi2, Blenheim Road, Cardiff CF23 5DR4
£500K03/210.75 mi38, Amesbury Road, Cardiff CF23 5DX4
£560K06/230.75 mi52, Amesbury Road, Cardiff CF23 5DX4
£285K06/230.75 mi58, Arran Street, Roath, Cardiff CF24 3HT4
£385K03/210.76 mi12, Blenheim Road, Cardiff CF23 5DS4
£455K01/210.76 mi10, Blenheim Road, Cardiff CF23 5DS4
£360K02/230.78 mi114, Cottrell Road, Roath, Cardiff CF24 3EX4
£515K05/230.79 mi17, Cressy Road, Cardiff CF23 5BE4
£220K09/210.8 mi148, Glenroy Street, Cardiff CF24 3LA4
£320K12/200.81 mi86, Colchester Avenue, Penylan, Cardiff CF23 9AZ4
£625K07/230.83 mi35, Westville Road, Cardiff CF23 5DE4
£490K12/220.83 mi46, Melrose Avenue, Penylan, Cardiff CF23 9AR4
£280K03/220.83 mi4, Clos Hector, Cardiff CF24 2HL4
£480K05/230.83 mi23, Kimberley Road, Cardiff CF23 5DJ4
£285.5K12/200.84 mi15, Wellfield Place, Cardiff CF24 3PD4

Local Rents

51 rents from £524/mo to £4.9K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,20012/240.09 miCarlisle Street, Splott, CF24 2PD3
£3,00001/240.1 mi-4
£3,50012/240.1 mi-4
£1,39512/240.11 miHarold Street, Splott3
£1,27502/240.13 mi-3
£1,90012/230.17 mi-4
£1,20012/240.2 miBurnaby Street, Splott, Cardiff, CF243
£2,00012/240.2 miThe Vault, Carlisle Street, Cardiff4
£1,62012/240.2 miThe Coach House, Carlisle Street, Cardiff3
£1,60012/240.21 miBeresford Road, CARDIFF3
£1,35003/250.21 mi-3
£90012/230.21 mi-3
£1,30002/240.24 mi-3
£3,75012/240.25 miRichards Terrace, Cardiff6
£2,90003/250.27 mi-4
£1,20012/240.27 miCourtenay Road, CARDIFF3
£1,50012/240.3 miNewport Road, Roath3
£1,20012/240.3 miNewport Road, CARDIFF3
£1,35012/240.31 miStacey Road, Cardiff3
£1,50012/240.32 mi-3
£1,72012/240.33 miStacey Road, Roath, Cardiff, CF24 1DR4
£1,40012/240.34 miHabershon Street, Cardiff(City), CF243
£1,50012/240.35 miMoorland Road, Splott3
£2,75012/240.35 mi-3
£2,75002/250.35 mi-3
£2,20012/240.35 miCyril Crescent , Roath4
£52412/240.36 miNewport Road, Cardiff(City), CF2414
£1,90012/240.37 miNewport Road, Cardiff4
£2,40003/240.39 mi-3
£2,40012/240.39 mi-3
£1,00002/250.39 mi-3
£1,35012/240.4 miNewport Road, Newport Road, Cardiff, South Glamorgan, CF24 1RH3
£2,60002/240.42 mi-3
£1,30012/240.42 miClydesmuir Road, Tremorfa3
£1,15012/240.43 miHabershon Street, Splott, Cardiff, CF243
£2,01512/240.43 mi-4
£2,95003/250.45 mi-3
£2,60002/250.49 mi-5
£1,35012/240.5 miSystem Street, Cardiff , 3
£1,20002/240.5 mi-3
£1,35012/240.51 miSystem Street, Cardiff(City), CF243
£1,40012/240.55 miConstellation Street, Cardiff, CF24 0HJ4
£1,30003/240.55 miFfordd Nowell, Penylan, Cardiff, CF23 9FB3
£1,25004/240.56 miFfordd Nowell, Penylan, Cardiff3
£1,25005/240.56 miFfordd Nowell, Penylan, Cardiff3
£1,25005/240.56 miFfordd Nowell, Penylan, Cardiff3
£1,60012/240.56 miOakfield Street, Roath, Cardiff3
£1,60012/240.56 miRoath, Cardiff, CF243
£1,60005/240.56 mi-3
£4,90004/240.59 mi-4
£1,20012/240.6 miMeteor Street, Splott, CF243

Local Area Statistics

Population in CF24

55,148

Population in Cardiff

357,494

Town centre distance

2.09 miles away

Nearest school

0.30 miles away

Nearest train station

0.95 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £240,000

March 17, 2025

Floor Plans

Description

  • No Onward Chain For A Hassle-Free Purchase. +
  • 2 Reception Rooms +
  • Family Bathroom +
  • Rear Garden +
  • Great Transport Links +
  • Close To Local Amenities And Schools +
  • Schedule A Viewing 24/7 +
  • View Our 360 Tour +
  • Book A Viewing To Appreciate +
  • 3/4 Bedroom +

The Property
This attractive, two-storey property located at 152 Railway Street, Cardiff, CF24 2NH, is currently vacant and offered to the market chain-free, providing a hassle-free opportunity for potential buyers.

Upon entering, the ground floor features a welcoming entrance hall, leading to two well-proportioned reception rooms. These versatile spaces can serve as a comfortable living area, formal dining room, or a home office, according to your needs. Towards the rear of the property, you'll find a good-sized kitchen area with ample room for appliances, benefiting from direct access to the outdoor space, offering potential for enhancement into a lovely dining or breakfast area.

The first floor hosts three generously sized bedrooms, providing ample accommodation. These rooms offer excellent flexibility for family living, guests, or additional workspace.

A spacious family bathroom is conveniently situated at the rear of the property, equipped with fittings ready to accommodate modern needs.

The property offers an excellent opportunity for first-time buyers, investors, or anyone looking to customize a home to their own tastes, with significant potential for renovation or refurbishment. Its convenient location near local amenities and transport links further enhances the appeal, making it ideal for those seeking easy city living.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Cardiff

029 2271 2091

Next Steps?

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