2 Bed Terraced House, Single Let, Cardiff, CF24 4RZ, £230,000

Inverness Place, Cardiff, CF24 4RZ - 10 days ago

BTL
ROI: 1%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£162.5K - £290K
Sold Prices/m²£2.3K/m² - £3.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.4K/m²

Value Estimate

£200,850

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£12,700

Total Cash In

£70,200

 

 

Cash Out

 

Rent Range

£925 - £2,900

Rent Estimate

£1,000

Running Costs/mo

£939

Cashflow/mo

£61

Cashflow/yr

£735

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £162.5K to £290K, average is £221.3K. £2.3K/m² to £3.9K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£227.8K03/210 mi50, Inverness Place, Cardiff CF24 4RZ2
£197.5K04/210.03 mi29, Arabella Street, Cardiff CF24 4SW2
£218K04/210.03 mi27, Arabella Street, Cardiff CF24 4SW2
£217.5K05/210.03 mi33, Arabella Street, Cardiff CF24 4SW2
£237K08/210.03 mi37, Arabella Street, Cardiff CF24 4SW2
£199K03/210.07 mi31, Donald Street, Cardiff CF24 4TJ2
£233K01/210.08 mi103, Moy Road, Cardiff CF24 4TE2
£230K11/200.11 mi57, Strathnairn Street, Cardiff CF24 3JL2
£279.9K09/210.11 mi112, Inverness Place, Cardiff CF24 4SA2
£240K06/210.11 mi99, Inverness Place, Cardiff CF24 4RW2
£255K02/230.11 mi106, Inverness Place, Cardiff CF24 4SA2
£230K06/210.17 mi71, Strathnairn Street, Cardiff CF24 3JP2
£265K05/230.17 mi83, Strathnairn Street, Cardiff CF24 3JP2
£222.5K04/210.18 mi86, Glenroy Street, Cardiff CF24 3JY2
£226.8K11/200.19 mi30, Keppoch Street, Cardiff CF24 3JW2
£179.9K12/200.21 mi159, Woodville Road, Cardiff CF24 4NW2
£206K04/210.22 mi142, Strathnairn Street, Cardiff CF24 3JQ2
£205K03/230.22 mi116, Strathnairn Street, Cardiff CF24 3JP2
£240K10/210.22 mi109, Alfred Street, Cardiff CF24 4UA2
£290K02/230.26 mi108, Cottrell Road, Roath, Cardiff CF24 3EX2
£225K07/230.27 mi3, Robert Street, Cathays, Cardiff CF24 4PB2
£215K02/210.27 mi96, Keppoch Street, Cardiff CF24 3JU2
£203K12/200.27 mi133, Keppoch Street, Cardiff CF24 3JU2
£210K01/210.29 mi48, Upper Kincraig Street, Roath, Cardiff CF24 3HB2
£162.5K11/210.3 mi1, Brydges Place, Cardiff CF24 4DP2
£215K03/210.3 mi32, Treharris Street, Cardiff CF24 3HN2
£205K02/210.3 mi16, Treharris Street, Cardiff CF24 3HN2
£232K06/210.3 mi87, Treharris Street, Cardiff CF24 3HL2
£198K03/210.3 mi88, Treharris Street, Cardiff CF24 3HL2
£210K06/230.32 mi31, Russell Street, Cardiff CF24 3BG2
£212.5K03/210.32 mi74, Cottrell Road, Roath, Cardiff CF24 3EZ2
£220K09/210.32 mi44, Robert Street, Cathays, Cardiff CF24 4PD2
£218.9K12/200.33 mi137, Treharris Street, Cardiff CF24 3HP2
£248.2K08/210.33 mi109, Arran Street, Cardiff CF24 3HU2
£277K07/230.33 mi144, Arran Street, Roath, Cardiff CF24 3HU2
£252.5K07/230.33 mi59, Cyfarthfa Street, Cardiff CF24 3HF2
£225.5K02/210.33 mi42, Spencer Street, Cardiff CF24 4PG2
£232K10/210.34 mi52, Daniel Street, Cardiff CF24 4NY2
£187K03/210.35 mi9, Gwennyth Street, Cardiff CF24 4PH2
£187K03/210.35 mi9, Gwennyth Street, Cardiff CF24 4PH2
£268K07/230.36 mi15, Bruce Street, Cardiff CF24 4PJ2
£245.5K07/230.36 mi119, Cyfarthfa Street, Cardiff CF24 3HG2
£192.5K04/230.37 mi7, Plasnewydd Road, Cardiff CF24 3EN2
£206.5K03/210.38 mi12, Cottrell Road, Roath, Cardiff CF24 3EY2
£200K12/200.38 mi10, Plasnewydd Road, Cardiff CF24 3EN2
£246K03/230.4 mi135, Cyfarthfa Street, Cardiff CF24 3HH2
£230K02/210.4 mi29, Croft Street, Cardiff CF24 3DZ2
£252K06/230.4 mi140, Cyfarthfa Street, Cardiff CF24 3HH2
£207K04/230.41 mi39, Plasnewydd Road, Cardiff CF24 3GN2
£179K10/210.41 mi22, Lily Street, Cardiff CF24 3EB2

Local Rents

51 rents from £925/mo to £2.9K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£2,90012/240.03 mi-2
£1,50012/240.06 miMackintosh Place, Roath2
£1,00011/240.07 mi-2
£1,00003/250.07 mi-2
£1,30012/240.09 miArabella Street, Roath2
£1,20002/240.09 mi-2
£2,10003/240.09 mi-2
£2,70012/240.09 mi-2
£2,60001/250.09 mi-2
£1,40012/240.09 mi-2
£1,20002/250.09 mi-2
£1,05012/240.1 miRichmond Road, Roath, Cathays2
£92512/240.1 miRichmond Rd, Roath, Cardiff2
£1,20001/250.12 mi-2
£1,20012/240.13 mi-2
£1,10012/240.13 miRichmond Road, Roath2
£1,10012/240.14 miRichmond Road, Roath2
£1,10012/240.14 miRichmond Road, Roath2
£1,40012/240.14 miRichmond Road, Cardiff(City), CF242
£1,10012/240.15 miRichmond Road, Roath2
£1,10012/240.16 miRichmond Road, Roath, CARDIFF2
£1,10012/240.16 miRichmond Road, CARDIFF2
£1,15012/240.16 miRichmond Road - 2024 Cardiff2
£1,35012/240.16 miRichmond Road Cardiff2
£1,10012/240.16 miGlenroy Street, Roath, Cardiff2
£1,29012/240.18 miRichmond Road, Cardiff2
£1,15012/240.18 miKeppoch Street, Cardiff2
£1,15012/240.18 miKeppoch Street, Roath, Cardiff, CF24 3JW2
£1,15012/240.2 miMackintosh Place, CARDIFF2
£1,15012/240.2 miMackintosh Place, CF242
£1,20012/240.21 mi-2
£1,40012/240.22 miRichmond Road, Roath2
£1,25012/240.22 mi-2
£1,20012/240.22 miBangor Street, CARDIFF2
£1,28012/240.23 miRichmond Parc, Richmond Road, Cardiff2
£1,20003/240.24 mi-2
£1,40012/240.24 miRichmond Road, Cardiff(City), CF242
£1,40012/240.24 miRichmond Road, Cardiff(City), CF242
£1,40012/240.24 miRichmond Road, Cardiff(City), CF242
£1,40012/240.24 miRichmond Road, Cardiff(City), CF242
£1,50012/240.24 miRichmond Road, Cardiff(City), CF242
£1,00012/240.24 miRichmond Road, Roath, Cardiff CF24 3BW2
£99502/240.25 mi-2
£99512/240.25 mi-2
£99512/240.25 mi-2
£1,29012/240.25 miRichmond Parc, Richmond Road, Cardiff2
£1,10012/240.25 miAlbany Road, CARDIFF2
£1,10012/240.25 miAlbany Road, CARDIFF2
£1,19512/240.25 miCity Rd, Roath2
£1,19512/240.26 miCity Road Cardiff2
£1,50012/240.26 miRichmond Road, Cardiff(City), CF242

Local Area Statistics

Population in CF24

55,148

Population in Cardiff

357,494

Town centre distance

1.06 miles away

Nearest school

0.10 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £230,000

March 26, 2025

Floor Plans

Description

  • GREAT INVESTMENT OR FIRST TIME PURCHASE +
  • NO ONWARD CHAIN +
  • GREAT LOCATION WITHIN A STONES THROW OF ALBANY AND CITY ROAD +
  • WITHIN WALKING DISTANCE TO CARDIFF CITY CENTRE +
  • SHORT DRIVE TO UNIVERSITY HOSPITAL OF WALES +
  • COUNCIL TAX D +

SUMMARY
Perfect first time purchase or investment with no onward chain, the property briefly comprises porch, entrance hall, lounge/dining room, kitchen, family bathroom, two double bedrooms and an enclosed rear garden.

DESCRIPTION
NO CHAIN Ideally located in the heart of Roath, a two bedroom mid terrace home in Inverness Place. Within walking distance of a host of local amenities along City Road and Albany Road, Cardiff City Centre and Roath Park Lake. The property briefly comprises porch, entrance hall, lounge/dining room, kitchen, family bathroom, two double bedrooms and an enclosed rear garden.

Porch 

Entrance Hall 

Lounge/ Dining Room 19' 3" Max x 13' 6" Max ( 5.87m Max x 4.11m Max )

Kitchen 13' 1" x 8' 1" ( 3.99m x 2.46m )

Family Bathroom 

Bedroom One 9' 4" x 10' 6" ( 2.84m x 3.20m )

Bedroom Two 13' 6" x 13' 1" ( 4.11m x 3.99m )

Rear Garden 

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER PETER ALAN NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Peter Alan, Roath

029 2271 0570

Next Steps?

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