Darlows says ..
Over 11% Return on Investment! This property is a turn key investment as it is being sold with tenants in Situ. Achieving a monthly income of £700 PCM why not make this Studio apartment in Prospect Place your next purchase!
Property Oracle says ..
This one-bedroom, one-bathroom apartment in Grangetown, Cardiff, is presented in good condition. The photos show a modern, clean space with good natural light. The complex boasts amenities such as a swimming pool and gym, adding to its appeal. The location in Grangetown provides relatively easy access to Cardiff Bay and public transportation, and several schools are within walking or cycling distance. However, the absence of plot size information and the limited details on the property’s square footage makes it challenging to assess the price per square foot. Comparing it to other listed properties in Ferry Court, the price appears reasonable, especially given the potential rental income from the existing tenant. A full inspection and consideration of comparable sales in the immediate vicinity would provide a more precise valuation. The lack of outdoor space is a limitation. Overall, this apartment is suitable for investors or first-time buyers seeking a well-maintained property in a convenient location. Prospective buyers should independently verify the square footage and conduct their due diligence before purchasing.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 7
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 600.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 212,688.00 £Increased by 2.72 %
- Est sale value
- 166,800.00 £Increased by 7.34 %
- Average area rental value
- 1,100.00 £/moDecreased by 0.09 %
- Est letting value
- 600.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.21 %Decreased by 2.66 %
- Crime Rate
- 16.00 %Unchanged by 0.00 %
Agent Activity
Darlows marked this listing as sold.
Darlows created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Grangetown Nursery School | Welsh Establishment | 1.05 KM | |
| Ysgol Gynradd Gymraeg Hamadryad | Welsh Establishment | 1.12 KM | |
| St Paul'S C.I.W. Primary School | Welsh Establishment | 1.31 KM | |
| Grange Town Primary | Welsh Establishment | 1.37 KM | |
| Cogan Primary School | Welsh Establishment | 1.51 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cardiff Bay Peninsula Boardwalk | £ 0 | 0 | 0.00 KM |
| Windsor Court | £ 140,313 | 0 | 0.00 KM |
| River View | £ 0 | 0 | 0.00 KM |
| Anchor Road | £ 384,500 | 0 | 0.00 KM |
| Pont Y Werin | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Cogan | 3828 | CGN | 1.26 KM |
| Dingle Road | 3861 | DGL | 1.53 KM |
| Grangetown (Cardiff) | 3839 | GTN | 1.82 KM |
| Penarth | 3863 | PEN | 2.12 KM |
| Cardiff Bay | 3815 | CDB | 2.17 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Ferry Court, Cardiff | £ 80,000 | BUY | 5 / 10 | 0.00 KM |
| Ferry Court, CARDIFF | £ 80,000 | BUY | 5 / 10 | 0.01 KM |
| Ferry Court, Cardiff, South Glamorgan, CF11 | £ 169,995 | BUY | Unknown | 0.04 KM |
| Ferry Court, Cardiff Bay | £ 160,000 | BUY | 5 / 10 | 0.05 KM |
| Dovercourt House, Prospect Place, Cardiff | £ 200,000 | BUY | 5 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 4 Cory Place | £ 310,000 | 0.16 KM |
| 7 Cory Place | £ 92,000 | 0.16 KM |
| 55 Cory Place | £ 134,000 | 0.16 KM |
| 9 Cory Place | £ 145,000 | 0.16 KM |
| 35 Cory Place | £ 63,500 | 0.16 KM |