2 Bed Flat, Single Let, Cardiff, CF10 5NT, £150,000

Overstone Cout, Cardiff Bay, CF10 5NT - 2 views - 2 months ago

Leasehold
BTL
ROI: 9%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£104.5K - £317.5K
Sold Prices/m²£1.9K/m² - £4.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£164,331
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£450 - £2,500

Rent Estimate

£1,000

Running Costs/mo

£689

Cashflow/mo

£311

Cashflow/yr

£3,735

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £104.5K to £317.5K, average is £163.5K. £1.9K/m² to £4.6K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£135K07/210.14 mi202, Taff Embankment, Cardiff CF11 7BP2
£147.5K04/210.2 mi19, Reresby Court, Cardiff CF10 5NR2
£156.6K09/230.2 mi13, Reresby Court, Cardiff CF10 5NR2
£152K02/210.2 mi49, Reresby Court, Cardiff CF10 5NR2
£165K08/230.2 mi32, Reresby Court, Cardiff CF10 5NR2
£146K06/210.2 mi64, Reresby Court, Cardiff CF10 5NR2
£132.8K04/210.2 mi32, Reresby Court, Cardiff CF10 5NR2
£152.5K10/210.2 mi10, Reresby Court, Cardiff CF10 5NR2
£152.5K02/210.2 mi61, Reresby Court, Cardiff CF10 5NR2
£162K12/220.2 mi56, Reresby Court, Cardiff CF10 5NR2
£234.9K10/210.25 mi104, Judkin Court, Cardiff CF10 5AX2
£233K04/230.25 mi102, Judkin Court, Cardiff CF10 5AX2
£230K01/230.25 mi156, Judkin Court, Cardiff CF10 5AX2
£190K01/230.28 mi61, Judkin Court, Cardiff CF10 5AU2
£147K05/210.29 mi45, Carlotta Way, Cardiff CF10 5FY2
£152K03/210.29 mi18, Carlotta Way, Cardiff CF10 5FY2
£150K05/210.29 mi15, Carlotta Way, Cardiff CF10 5FY2
£170K05/210.36 mi106, Jim Driscoll Way, Cardiff CF11 7JR2
£210K03/230.36 mi131, Jim Driscoll Way, Cardiff CF11 7JR2
£167.5K04/230.37 mi46, Harrowby Street, Cardiff CF10 5GA2
£123K08/210.37 mi36, Harrowby Street, Cardiff CF10 5GA2
£140K03/210.37 mi90, Harrowby Street, Cardiff CF10 5GA2
£140K12/200.4 mi40 The Granary, Magretian Place, Cardiff CF10 4BR2
£165K03/230.41 miFlat 55, Rimini House, Ffordd Garthorne, Cardiff CF10 4DH2
£150K04/210.41 miFlat 52, Rimini House, Ffordd Garthorne, Cardiff CF10 4DH2
£188K02/230.41 mi13 The Granary, Magretian Place, Cardiff CF10 4BR2
£175.5K07/230.41 mi37 The Granary, Magretian Place, Cardiff CF10 4BR2
£137K01/210.41 miFlat 1, Livorno House, Ffordd Garthorne, Cardiff CF10 4DE2
£139K10/200.41 miFlat 11, Livorno House, Ffordd Garthorne, Cardiff CF10 4DE2
£152K10/200.41 miFlat 16, Livorno House, Ffordd Garthorne, Cardiff CF10 4DE2
£147K02/210.41 miFlat 12, Livorno House, Ffordd Garthorne, Cardiff CF10 4DE2
£145K07/210.42 miFlat 9, Amalfi House, Ffordd Garthorne, Cardiff CF10 4DA2
£178K06/230.45 miFlat 3, Forio House, Ffordd Garthorne, Cardiff CF10 4DD2
£180K10/200.45 miFlat 29, Forio House, Ffordd Garthorne, Cardiff CF10 4DD2
£165K12/200.47 mi57, Corvette Court, Cardiff CF10 4NN2
£173K10/200.47 mi50, Corvette Court, Cardiff CF10 4NN2
£190K05/230.47 mi50, Corvette Court, Cardiff CF10 4NN2
£170K02/230.48 mi18, Jim Driscoll Way, Cardiff CF11 7JA2
£120K04/210.49 mi3, Dudley Court, Cardiff CF10 5BQ2
£104.5K12/200.5 mi21, Eleanor Place, Cardiff CF10 5BJ2
£170K12/220.51 mi56, Jim Driscoll Way, Cardiff CF11 7JL2
£185K09/230.52 mi23, Corvette Court, Cardiff CF10 4NL2
£110K02/210.53 miFlat 13, Kirkby Court, Craiglee Drive, Cardiff CF10 4BS2
£186K09/230.54 mi146, Henke Court, Cardiff CF10 4EL2
£177.5K09/210.54 mi113, Henke Court, Cardiff CF10 4EJ2
£188.5K03/210.54 mi117, Henke Court, Cardiff CF10 4EJ2
£160K07/210.55 miApartment 16, Amity Court, Longueil Close, Cardiff CF10 4EA2
£186K07/210.55 miApartment 9, Amity Court, Longueil Close, Cardiff CF10 4EA2
£172.5K07/230.55 mi91, Jim Driscoll Way, Cardiff CF11 7JN2
£317.5K12/200.55 mi48, Windsor Esplanade, Cardiff CF10 5BG2

Local Rents

50 rents from £450/mo to £2.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,05003/240.01 miOverstone Court, Cardiff Bay2
£99504/240.01 miOverstone Court, Cardiff Bay2
£99505/240.01 miOverstone Court, Cardiff Bay2
£1,00003/240.01 miOverstone Court2
£1,21503/240.05 miMarseille House, Century Wharf, Cardiff2
£1,10012/240.08 miCentury Wharf, Cardiff Bay2
£1,00003/240.08 mi80 Overstone Court, Cardiff(City), CF102
£1,10005/240.09 miOverstone Court, Cardiff Bay,2
£1,10005/240.09 miOverstone Court, Cardiff Bay,2
£1,09503/250.09 mi-2
£1,00005/240.09 miOverstone Court, Dumballs Road, Cardiff Bay2
£1,00005/240.09 miOverstone Court, Dumballs Road, Cardiff Bay2
£1,20005/240.11 miHansen Court, Cardiff Bay 2
£1,15005/240.11 miHansen Court, Cardiff Bay 2
£1,30004/240.12 miPrague House, Century Wharf, Cardiff2
£1,85003/240.14 miPenstone Court, Century Wharf2
£1,00005/240.14 miOverstone Court, Butetown, Cardiff2
£82503/240.14 miCorporation Road, Cardiff, CF11 7AY2
£1,50004/240.14 miEzel Court, Heol Glan Rheidol, Cardiff(City), CF102
£1,35005/240.15 miCorporation Road, Cardiff(City), CF112
£1,25005/240.15 miCorporation Road, Cardiff(City), CF112
£45003/240.16 miCorporation Road, Cardiff, 2
£1,05004/240.16 miCorporation Road, Grangetown, Cardiff2
£1,89502/250.17 mi-2
£1,60003/240.18 miPenstone Court, Century Wharf, Cardiff2
£1,75004/240.18 miPenstone Court, Chandlery Way, Cardiff2
£2,50004/240.19 mi-2
£1,25003/240.19 miRio House, Century Wharf, Taliesin Court2
£1,40004/240.19 miLisbon House, Century Wharf, Cardiff Bay2
£1,40004/240.19 miLisbon House, Century Wharf2
£1,20005/240.19 miVienna House, Penstone Court, Century Wharf2
£1,30003/240.19 miChandlery Way, Cardiff2
£1,10005/240.19 mi-2
£1,10003/240.2 miReresby Court, Heol Glan Rheidol, Cardiff(City), CF102
£1,10003/240.2 miReresby Court, Cardiff Bay2
£1,15003/240.2 miReresby Court, Cardiff2
£1,20005/240.21 miVienna House, Century Wharf, Cardiff2
£1,27503/240.21 miFlorence House, Judkin Court, Century Wharf2
£1,10003/240.21 miVienna House, Penstone Court, Century Wharf2
£1,15003/240.23 miCentury Wharf Lynton Court, Cardiff Bay, Cardiff, CF102
£1,40004/240.23 miChandlery Way, Cardiff Bay2
£1,75005/240.23 miCapri House, Century Wharf, Cardiff Bay2
£1,40003/240.24 miParis House, Lynton Court Century Wharf2
£1,25003/240.24 miLynton Court, Capri House, Century Wharf2
£1,39503/240.25 miLisbon House, Century Wharf2
£1,25003/240.25 miJudkin Court, Oslo House, Century Wgharf2
£2,30004/240.26 mi-2
£2,30004/240.26 mi-2
£1,35012/240.26 mi-2
£1,75005/240.27 miLynton Court, Century Wharf2

Local Area Statistics

Population in CF10

15,450

Population in Cardiff

357,494

Town centre distance

2.43 miles away

Nearest school

0.30 miles away

Nearest train station

0.42 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+39%

Sales demand

Buyer's market

Capital growth (5yrs)

+10%

Property History

Listed for £150,000

February 12, 2025

Floor Plans

Description

  • An Investment Opportunity +
  • Currently Let at £1000 pcm +
  • Two Double Bedrooms +
  • En-Suite Shower Room and Main Bathroom +
  • Open Plan Modern Kitchen/Living Room +
  • Balcony and Parking +
  • No Chain +

A great investment opportunity to purchase this well-maintained apartment in the heart of Cardiff Bay, conveniently located near the vibrant City Centre. The apartment is currently let at £1,000 pcm, providing a healthy return. Entered via a security intercom system and stairs leading to the upper floors, this good size apartment offers storage in the entrance hall, an open plan lounge/kitchen with French doors leading to a balcony, the kitchen area is fitted with a range of base and wall units, a range of built-in appliances, the living room a generous size which is light and airy. The main bedroom, a good size double with a double built-in wardrobe, a useful en-suite shower room, the second bedroom is another generous double and the main bathroom has been fitted with a modern white suite. The property not only benefits from a good size balcony, it also has parking! We are advised by the vendor that provisions of electricity, water and sewerage are connected to a mains supply, and no materials used in construction may impact a buyer's enjoyment, mortgage availability, or insurance availability, and there are no issues or restrictions on mobile signal/coverage.

Agent Details

CPS Homes, Cardiff

020 3840 4007

Next Steps?

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