2 Bed Flat, Single Let, Cardiff, CF10 2FH, £185,000

2 ALTOLUSSO, BUTE TERRACE, CARDIFF CF10 2FH - 13 days ago

Leasehold
BTL
ROI: 8%
54 m²
+9 photos

ValuationOvervalued

Sold Prices£110K - £532.5K
Sold Prices/m²£2K/m² - £3.3K/m²

 

 

Square Metres

54 m²
Price/m²£3.4K/m²

Value Estimate

£141,564

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£10,450

Total Cash In

£56,700

 

 

Cash Out

 

Rent Range

£1,150 - £1,750

Rent Estimate

£1,200

Running Costs/mo

£838

Cashflow/mo

£362

Cashflow/yr

£4,343

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £110K to £532.5K, average is £183.8K. £2K/m² to £3.3K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£173K07/230 miFlat 102, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£177K10/200 miFlat 234, Altolusso, Bute Terrace, Cardiff CF10 2FH2
£200K10/200 miFlat 117, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£153K04/210 miFlat 174, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£168K08/210 miFlat 263, Altolusso, Bute Terrace, Cardiff CF10 2FH2
£155K10/210 miFlat 107, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£176K02/230 miFlat 55, Altolusso, Bute Terrace, Cardiff CF10 2FF2
£225K06/230 miFlat 183, Altolusso, Bute Terrace, Cardiff CF10 2FH2
£180K12/220 miFlat 160, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£175K02/210.17 miFlat 9, Dray Court, Caroline Street, Cardiff CF10 1FQ2
£215K05/210.28 miFlat 23, Spillers & Bakers, Llansannor Drive, Cardiff CF10 4BX2
£197K03/210.28 miFlat 29, Spillers & Bakers, Llansannor Drive, Cardiff CF10 4BX2
£182.5K06/210.28 miFlat 10, Jellicoe Court, Atlantic Wharf, Cardiff CF10 4AJ2
£177.5K11/200.29 miFlat 14, Beatty Court, Schooner Way, Cardiff CF10 4DU2
£162.5K05/210.29 miFlat 8, Anson Court, Atlantic Wharf, Cardiff CF10 4AL2
£180K09/230.3 mi8 York Court, Schooner Way, Cardiff CF10 4DY2
£203.8K04/230.32 miFlat 9, Earl Cunningham Court, Schooner Way, Cardiff CF10 4DX2
£270K03/210.33 miApartment 5, City Wharf, Atlantic Wharf, Cardiff CF10 4HG2
£148K03/210.37 mi54, Schooner Way, Cardiff CF10 4EQ2
£110K02/210.38 miFlat 13, Kirkby Court, Craiglee Drive, Cardiff CF10 4BS2
£159.5K07/230.44 miFlat 6, Branksome House, Westgate Street, Cardiff CF10 1DF2
£140K02/210.44 miFlat 8, Branksome House, Westgate Street, Cardiff CF10 1DF2
£153K02/210.44 miFlat 19, Branksome House, Westgate Street, Cardiff CF10 1DF2
£188K02/230.45 mi13 The Granary, Magretian Place, Cardiff CF10 4BR2
£175.5K07/230.45 mi37 The Granary, Magretian Place, Cardiff CF10 4BR2
£140K12/200.46 mi40 The Granary, Magretian Place, Cardiff CF10 4BR2
£532.5K06/230.46 miApartment 25, Parkview, Greyfriars Road, Cardiff CF10 3AL2
£322K06/230.46 miApartment 17, Parkview, Greyfriars Road, Cardiff CF10 3AL2
£185K09/230.46 mi23, Corvette Court, Cardiff CF10 4NL2
£160K07/210.47 miApartment 16, Amity Court, Longueil Close, Cardiff CF10 4EA2
£186K07/210.47 miApartment 9, Amity Court, Longueil Close, Cardiff CF10 4EA2
£165K12/200.48 mi57, Corvette Court, Cardiff CF10 4NN2
£173K10/200.48 mi50, Corvette Court, Cardiff CF10 4NN2
£190K05/230.48 mi50, Corvette Court, Cardiff CF10 4NN2
£171K12/220.48 miFlat 28, Century Court, Taffs Mead Embankment, Cardiff CF11 6RL2
£210K07/230.48 miFlat 14a, Kenilworth House, Westgate Street, Cardiff CF10 1DJ2
£207.5K09/210.49 miFlat 12, Dunraven House, Westgate Street, Cardiff CF10 1DL2
£222.5K12/220.49 miFlat 12, Dunraven House, Westgate Street, Cardiff CF10 1DL2
£185K07/210.5 miFlat 14, Kenilworth House, Westgate Street, Cardiff CF10 1DJ2
£185K05/210.51 miFlat 14, Raglan House, Westgate Street, Cardiff CF10 1DN2
£186K09/230.52 mi146, Henke Court, Cardiff CF10 4EL2
£142K08/210.54 mi1b, Pendyris Street, Cardiff CF11 6RJ2
£179.2K10/200.54 mi94, Henke Court, Cardiff CF10 4EB2
£230K03/210.54 mi47, Henke Court, Cardiff CF10 4EB2
£245K12/220.54 mi11, Henke Court, Cardiff CF10 4EB2
£254K12/220.54 mi40, Henke Court, Cardiff CF10 4EB2
£245K08/210.55 mi9, Henke Court, Cardiff CF10 4EB2
£245K08/210.55 mi9, Henke Court, Cardiff CF10 4EB2
£262K11/220.55 mi24, Henke Court, Cardiff CF10 4EB2
£235K03/210.55 mi74, Henke Court, Cardiff CF10 4EB2

Local Rents

50 rents from £1.1K/mo to £1.8K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,35003/240 miAltolusso, Bute Terrace, Cardiff2
£1,25003/240 miAltolusso, City Centre2
£1,65003/240 miAltolusso, City Centre2
£1,15003/240 miAltolusso Apartments, Bute street, Cardiff2
£1,35003/240 miBute Terrace, CARDIFF2
£1,20004/240 miAltolusso, Bute Terrace, Cardiff2
£1,35004/240 miBute Terrace, CARDIFF2
£1,30005/240 miAltolusso, City Center2
£1,50003/240 miBute Terrace, Cardiff, Cardiff (County of), CF102
£1,25003/240 miAltolusso, Cardiff2
£1,35004/240 miBute Terrace, CARDIFF2
£1,50004/240 miAltolusso, City Centre2
£1,35004/240 miBute Terrace, Cardiff2
£1,40002/240 mi-2
£1,37503/250 mi-2
£1,29503/250.01 mi-2
£1,55005/240.01 mi-2
£1,55005/240.01 miBute Terrace, Cardiff, CF102
£1,20003/250.01 mi-2
£1,60002/240.02 mi-2
£1,20003/240.02 miAltolusso, Bute Terrace. City Centre, Cardiff2
£1,20004/240.02 miAltolusso, Bute Terrace, Cardiff2
£1,20003/240.02 miAltolusso, Bute Terrace, City Centre2
£1,20003/240.02 miAltolusso, Bute Terrace, City Centre2
£1,47503/240.02 mi-2
£1,50003/250.02 mi-2
£1,47503/240.02 miAltolusso, Cardiff, CF102
£1,70003/240.02 miAltolusso, Cardiff, CF102
£1,70003/240.02 mi-2
£1,35004/240.03 miBute Terrace, Cardiff Centre2
£1,59003/240.03 miBute Terrace, Cardiff2
£1,40005/240.03 mi-2
£1,40005/240.03 miBute Terrace, Cardiff, CF102
£1,30005/240.03 miAltolusso, City Centre, 15th Floor2
£1,20004/240.04 miAltolusso, City Centre, 15th Floor2
£1,59003/240.09 miCopper Works Cardiff CF102
£1,66503/240.09 miCopper Works Cardiff CF102
£1,65003/240.09 miCopper Works Cardiff CF102
£1,62003/240.09 miThe Copper Works Cardiff CF102
£1,61003/240.09 miThe Copper Works Cardiff CF102
£1,60004/240.09 miThe Copper Works Cardiff CF102
£1,59004/240.09 miThe Copper Works Cardiff CF102
£1,59004/240.09 miThe Copper Works Cardiff CF102
£1,60504/240.09 miThe Copper Works Cardiff CF102
£1,61004/240.09 miThe Copper Works Cardiff CF102
£1,62505/240.09 miThe Copper Works Cardiff CF102
£1,68503/240.09 miCopper Works Cardiff CF102
£1,75003/240.09 miCopper Works Cardiff CF102
£1,71003/240.09 miCopper Works Cardiff CF102
£1,73503/240.09 miCopper Works Cardiff CF102

Local Area Statistics

Population in CF10

15,450

Population in Cardiff

357,494

Town centre distance

1.88 miles away

Nearest school

0.20 miles away

Nearest train station

0.27 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+39%

Sales demand

Buyer's market

Capital growth (5yrs)

+10%

Property History

Listed for £185,000

March 20, 2025

Floor Plans

Description

  • NO CHAIN +
  • Two Double Bedrooms, Fourteenth Floor +
  • In The Heart Of The City Centre +
  • 24 Hour Concierge Onsite +
  • Allocated Undercroft Parking Space +
  • EWS1 Form In Place +
  • EPC Rating C +

DESCRIPTION FANTASTIC CITY CENTRE APARTMENT* NO CHAIN MGY are pleased to present for sale a spacious two bedroom, fourteenth floor apartment, located in the popular Altolusso development. The development boasts a fantastic position, in the heart of the city centre, with great views. It also benefits from gated access to an allocated undercroft parking space and 24 hour concierge service onsite. The accommodation comprises of an open plan kitchen/dining/living area, two double bedrooms, one with en-suite, bathroom, electric heating throughout and an additional storage cage. EWS1 form in place. No chain. Viewing highly recommended.  

ENTRANCE HALL Entered via wooden door, with security spy hole. Spacious hallway. Wood flooring. Wall mounted lighting. Storage cupboard, housing hot water tank. Wall mounted electric panel heater.  

LOUNGE/DINER/KITCHEN 26' 5" x 13' 0" (8.07m x 3.98m) Double glazed floor to ceiling windows to front, with great city centre views. Additional double glazed window to side. Ample natural daylight. Wood flooring. Modern fitted kitchen, with base and wall units and work surfaces incorporating stainless steel sink, with mixer tap. Built in oven, four ring electric hob, with extractor over. Splash back. Integrated dishwasher and washer/dryer. Space for fridge freezer. Two wall mounted electric panel heaters. TV Aerial point. Telephone point. Air vent. Spotlights. Open Plan living.  

MASTER BEDROOM 12' 3" x 11' 6" (3.75m x 3.52m) Double glazed windows to side, with great City Centre views. Carpeted flooring. Built in double wardrobe. Wall mounted electric panel heater. TV Aerial point. Telephone point. Air vent. Door to:-  

EN-SUITE 8' 0" x 5' 10" (2.45m x 1.80m) Tiled flooring. Fully tiled walls. Large shower cubicle. Pedestal wash hand basin, with mixer tap. W.C. Shaver point. Heated towel rail. Extractor fan. Spotlights.  

BEDROOM TWO 12' 8" x 8' 9" (3.88m x 2.69m) Double glazed windows to side, with great City Centre views. Double bedroom. Carpeted flooring. Wall mounted electric panel heater. Air vent.  

BATHROOM 8' 2" x 6' 6" (2.49m x 1.99m) Tiled flooring. Fully tiled walls. Free standing bath tub. Vanity enclosed wash hand basin, with mixer tap. W.C. Shaver point. Heated spiral towel rail. Extractor fan. Spotlights.  

PARKING Gated access to an allocated undercroft parking space.  

STORAGE CAGE Large secure storage cage, located on the first floor.  

FACILITIES Onsite 24 hour concierge service.  

TENURE MGY are advised that the property is leasehold, with a term of 125 years from 2004. Service charges of £4,493.02 per annum, which includes water rates, building insurance, security entry intercom system, secure fob access, CCTV, onsite 24hour concierge service, lift maintenance, maintenance of internal and external communal areas, regular cleaning and refuse disposal, secure gated fob access to an allocated undercoft parking space. Ground rent £85.50 per annum. Storage cage £12 per annum.

Agent Details

MGY, Cardiff

029 2271 1494

Next Steps?

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