2 Bed Flat, Single Let, Cardiff, CF10 2FH, £190,000

Altolusso, Bute Terrace, CF10 2FH - 2 views - 9 years ago

Leasehold
BTL
ROI: 9%
~68 m²
+9 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£2.8K/m²

Value Estimate

£181,263

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£6,900

Total Cash In

£54,400

 

 

Cash Out

 

Rent Range

£1,150 - £1,750

Rent Estimate

£1,300

Running Costs/mo

£874

Cashflow/mo

£426

Cashflow/yr

£5,115

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £110K to £532.5K, average is £181.3K. £2K/m² to £3.3K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£173K07/230.04 miFlat 102, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£177K10/200.04 miFlat 234, Altolusso, Bute Terrace, Cardiff CF10 2FH2
£200K10/200.04 miFlat 117, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£153K04/210.04 miFlat 174, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£168K08/210.04 miFlat 263, Altolusso, Bute Terrace, Cardiff CF10 2FH2
£155K10/210.04 miFlat 107, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£176K02/230.04 miFlat 55, Altolusso, Bute Terrace, Cardiff CF10 2FF2
£225K06/230.04 miFlat 183, Altolusso, Bute Terrace, Cardiff CF10 2FH2
£180K12/220.04 miFlat 160, Altolusso, Bute Terrace, Cardiff CF10 2FG2
£175K02/210.15 miFlat 9, Dray Court, Caroline Street, Cardiff CF10 1FQ2
£215K05/210.3 miFlat 23, Spillers & Bakers, Llansannor Drive, Cardiff CF10 4BX2
£197K03/210.3 miFlat 29, Spillers & Bakers, Llansannor Drive, Cardiff CF10 4BX2
£177.5K11/200.31 miFlat 14, Beatty Court, Schooner Way, Cardiff CF10 4DU2
£182.5K06/210.32 miFlat 10, Jellicoe Court, Atlantic Wharf, Cardiff CF10 4AJ2
£162.5K05/210.33 miFlat 8, Anson Court, Atlantic Wharf, Cardiff CF10 4AL2
£180K09/230.33 mi8 York Court, Schooner Way, Cardiff CF10 4DY2
£203.8K04/230.34 miFlat 9, Earl Cunningham Court, Schooner Way, Cardiff CF10 4DX2
£270K03/210.36 miApartment 5, City Wharf, Atlantic Wharf, Cardiff CF10 4HG2
£148K03/210.38 mi54, Schooner Way, Cardiff CF10 4EQ2
£110K02/210.39 miFlat 13, Kirkby Court, Craiglee Drive, Cardiff CF10 4BS2
£159.5K07/230.42 miFlat 6, Branksome House, Westgate Street, Cardiff CF10 1DF2
£140K02/210.42 miFlat 8, Branksome House, Westgate Street, Cardiff CF10 1DF2
£153K02/210.42 miFlat 19, Branksome House, Westgate Street, Cardiff CF10 1DF2
£171K12/220.44 miFlat 28, Century Court, Taffs Mead Embankment, Cardiff CF11 6RL2
£188K02/230.45 mi13 The Granary, Magretian Place, Cardiff CF10 4BR2
£175.5K07/230.45 mi37 The Granary, Magretian Place, Cardiff CF10 4BR2
£140K12/200.45 mi40 The Granary, Magretian Place, Cardiff CF10 4BR2
£210K07/230.46 miFlat 14a, Kenilworth House, Westgate Street, Cardiff CF10 1DJ2
£185K09/230.47 mi23, Corvette Court, Cardiff CF10 4NL2
£532.5K06/230.47 miApartment 25, Parkview, Greyfriars Road, Cardiff CF10 3AL2
£322K06/230.47 miApartment 17, Parkview, Greyfriars Road, Cardiff CF10 3AL2
£207.5K09/210.47 miFlat 12, Dunraven House, Westgate Street, Cardiff CF10 1DL2
£185K07/210.47 miFlat 14, Kenilworth House, Westgate Street, Cardiff CF10 1DJ2
£222.5K12/220.47 miFlat 12, Dunraven House, Westgate Street, Cardiff CF10 1DL2
£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
£160K07/210.48 miApartment 16, Amity Court, Longueil Close, Cardiff CF10 4EA2
£186K07/210.48 miApartment 9, Amity Court, Longueil Close, Cardiff CF10 4EA2
£185K05/210.49 miFlat 14, Raglan House, Westgate Street, Cardiff CF10 1DN2
£142K08/210.5 mi1b, Pendyris Street, Cardiff CF11 6RJ2
£186K09/230.53 mi146, Henke Court, Cardiff CF10 4EL2
£160K07/230.55 miFlat 6, Edward House, Plantagenet Street, Riverside, Cardiff CF11 6AT2
£179.2K10/200.55 mi94, Henke Court, Cardiff CF10 4EB2
£230K03/210.55 mi47, Henke Court, Cardiff CF10 4EB2
£245K12/220.55 mi11, Henke Court, Cardiff CF10 4EB2
£254K12/220.55 mi40, Henke Court, Cardiff CF10 4EB2
£245K08/210.56 mi9, Henke Court, Cardiff CF10 4EB2
£245K08/210.56 mi9, Henke Court, Cardiff CF10 4EB2
£235K03/210.56 mi74, Henke Court, Cardiff CF10 4EB2

Local Rents

50 rents from £1.1K/mo to £1.8K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,20004/240 miAltolusso, City Centre, 15th Floor2
£1,40005/240.01 mi-2
£1,40005/240.01 miBute Terrace, Cardiff, CF102
£1,59003/240.01 miBute Terrace, Cardiff2
£1,30005/240.01 miAltolusso, City Centre, 15th Floor2
£1,35003/240.04 miAltolusso, Bute Terrace, Cardiff2
£1,25003/240.04 miAltolusso, City Centre2
£1,65003/240.04 miAltolusso, City Centre2
£1,15003/240.04 miAltolusso Apartments, Bute street, Cardiff2
£1,35003/240.04 miBute Terrace, CARDIFF2
£1,20004/240.04 miAltolusso, Bute Terrace, Cardiff2
£1,35004/240.04 miBute Terrace, CARDIFF2
£1,30005/240.04 miAltolusso, City Center2
£1,50003/240.04 miBute Terrace, Cardiff, Cardiff (County of), CF102
£1,25003/240.04 miAltolusso, Cardiff2
£1,35004/240.04 miBute Terrace, CARDIFF2
£1,50004/240.05 miAltolusso, City Centre2
£1,35004/240.05 miBute Terrace, Cardiff2
£1,40002/240.05 mi-2
£1,37503/250.05 mi-2
£1,70003/240.05 mi-2
£1,70003/240.05 miAltolusso, Cardiff, CF102
£1,55005/240.05 mi-2
£1,55005/240.05 miBute Terrace, Cardiff, CF102
£1,29503/250.05 mi-2
£1,60002/240.05 mi-2
£1,20003/250.05 mi-2
£1,20003/240.05 miAltolusso, Bute Terrace, City Centre2
£1,20003/240.05 miAltolusso, Bute Terrace, City Centre2
£1,20003/240.05 miAltolusso, Bute Terrace. City Centre, Cardiff2
£1,20004/240.05 miAltolusso, Bute Terrace, Cardiff2
£1,47503/240.05 miAltolusso, Cardiff, CF102
£1,47503/240.05 mi-2
£1,50003/250.05 mi-2
£1,35004/240.06 miBute Terrace, Cardiff Centre2
£1,40003/240.1 miHayes Apartments, The Hayes, Cardiff2
£1,35004/240.1 miHayes Apartments, The Hayes, Cardiff2
£1,40003/240.11 miHayes Apartments, Yr Aes2
£1,59003/240.11 miCopper Works Cardiff CF102
£1,66503/240.11 miCopper Works Cardiff CF102
£1,65003/240.11 miCopper Works Cardiff CF102
£1,62003/240.11 miThe Copper Works Cardiff CF102
£1,61003/240.11 miThe Copper Works Cardiff CF102
£1,60004/240.11 miThe Copper Works Cardiff CF102
£1,59004/240.11 miThe Copper Works Cardiff CF102
£1,59004/240.11 miThe Copper Works Cardiff CF102
£1,60504/240.11 miThe Copper Works Cardiff CF102
£1,61004/240.11 miThe Copper Works Cardiff CF102
£1,62505/240.11 miThe Copper Works Cardiff CF102
£1,75003/240.12 miCopper Works Cardiff CF102

Local Area Statistics

Population in CF10

15,450

Population in Cardiff

357,494

Town centre distance

1.89 miles away

Nearest school

0.20 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+39%

Sales demand

Buyer's market

Capital growth (5yrs)

+10%

Property History

Listed for £190,000

September 30, 2015

Floor Plans

Description

  • TWO DOUBLE BEDROOM APARTMENT +
  • ALTOLUSSO +
  • STUNNING VIEWS TOWARDS CARDIFF BAY +
  • SECURE ALLOCATED PARKING +
  • MARTIN & CO +
  • OFFERED WITH NO ONWARD CHAIN +
  • CITY CENTRE LOCATION +
  • 24 HOUR CONCIERGE +
  • ABUNDANCE OF STORAGE +
  • 14th FLOOR +

ENTRANCE HALL 23' 10" x 8' 10" (7.26m x 2.69m) Max Hard wood flooring, newly painted white walls and woodwork, storage cupboard with hanging space, airing cupboard housing the water tank, wall mounted electric heater and spot lights. Access to all rooms. 

KITCHEN / LOUNGE / DINER 21' 0" x 19' 3" (6.4m x 5.87m) Max Good Size open plan kitchen / living area enhanced by south easterly views over The Bristol Channel, Cardiff Bay and Penarth. Floor to ceiling double glazed windows generating plenty of light. The fitted kitchen has a modern range of wall and base units with integrated appliances, including ceramic hobs, electric oven, washer dryer and dishwasher. Stainless steel bowl and drainer. Spot lights to the ceiling. Hard wood flooring. Newly painted white walls and woodwork. Two wall mounted electric radiators. 

MASTER BEDROOM 14' 11" x 9' 10" (4.55m x 3m) Max Fitted carpets, newly painted white walls and woodwork. Double fitted wardrobe. Double glazed windows with easterly views over the CIA, Cardiff City and the Bristol Channel. TV and BT phone point. Wall mounted electric heater. Access to:  

ENSUITE 8' 10" x 4' 10" (2.69m x 1.47m) White tiled flooring, ceramic floor mounted WC and hand basin. White tiled walls with pebble effect border, wall mounted heated towel rail. Large walk in shower.  

BEDROOM 2 14' 10" x 14' 07" (4.52m x 4.44m) Fitted carpets, newly painted white walls and woodwork. Double fitted wardrobe. Easterly views over the CIA, Cardiff City and the Bristol Channel. Wall mounted electric heater.  

BATHROOM 8' 02" x 5' 10" (2.49m x 1.78m) Tiled flooring, 3 piece chrome and white suite including floor mounted WC, hand basin and bath. Grey tiled walls, spot lights, wall mounted spiral heated towel rail.  

ADDITIONAL INFORMATION Secure car park with allocated parking
24hr Concierge

Rental Income potential: £1300 per month

The Vendor has informed us of the following information with regards to the lease but this would need to be confirmed via any purchasers legal representatives:-

Remaining lease years: 976 years
Service charge: Approx. £2818 per annum
Ground rent: £150 per annum
Council Tax band: F

Agent Details

Martin & Co, Cardiff

029 2048 2250

Next Steps?

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