Victoria Wharf, Watkiss Way, Cardiff(City), CF11
PU

Victoria Wharf, Watkiss Way, Cardiff(City), CF11

By Pure Investor

£ 115,000

Reviews

2 out of 5 stars

Pure Investor says ..

Pure Investor brings to the market this 1 bedroom 6th-floor apartment for sale in the Alexandria, Victoria Wharf development. Offering buyers the opportunity to earn a gross yield of 10.1% and an annual rental income of £11,100.

Property Oracle says ..

This one-bedroom apartment in Grangetown, Cardiff, presents a reasonable option for first-time buyers or investors. Located within Victoria Wharf, the property offers a convenient position with relatively easy access to Cardiff Bay and its attractions. The apartment itself is presented in good order, with a well-maintained kitchen and bathroom visible in the photos. The presence of a small balcony provides some outdoor space, although the lack of a garden is a significant point to consider. The nearby train station adds to the property’s desirability for commuters. While the condition of the apartment is satisfactory, potential buyers should be aware that it is not a luxury property. It may benefit from minor upgrades, though its current state is acceptable. Given the asking price and the features of nearby properties, this apartment represents a viable option within its context, although there is not a significant margin for exceptional value. The average prices per sqft in nearby streets could not be used in the analysis due to the lack of data, thus making it harder to ascertain a concrete comparative value. The absence of this crucial data limits the overall pricing assessment and prevents a definitive conclusion of above- or below-market value.

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
7
Condition
6
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
552.19

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 %
from 207,050.00 £
Est sale value
153,508.82 £
Increased by 7.34 %
from 143,017.21 £
Average area rental value
1,100.00 £/mo
Decreased by 0.09 %
from 1,101.00 £/mo
Est letting value
552.19 £/mo
Unchanged by 0.00 %
from 552.19 £/mo
Est rental Yield
6.21 %
Decreased by 2.66 %
from 6.38 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Pure Investor created the listing.

Nearby Schools

NameTypeOfstedDistance
Cogan Primary SchoolWelsh Establishment0.70 KM
Cogan Nursery SchoolWelsh Establishment0.90 KM
Fairfield Primary SchoolWelsh Establishment0.96 KM
Llandough PrimaryWelsh Establishment1.26 KM
Bute Cottage Nursery SchoolWelsh Establishment1.37 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
River View £ 000.00 KM
Pont Y Werin £ 000.00 KM
Parkview Court £ 000.00 KM
Anchor Road £ 384,50000.00 KM
The Highlands £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Cogan3828CGN0.43 KM
Dingle Road3861DGL1.12 KM
Penarth3863PEN1.91 KM
Grangetown (Cardiff)3839GTN2.16 KM
Eastbrook3795EBK2.52 KM

Nearby Listings

AddressPriceTypeScoreDistance
Alexandria, Victoria Wharf £ 175,000BUY6 / 100.00 KM
Alexandria, Victoria Wharf £ 179,950BUY5 / 100.00 KM
Alexandria, Victoria Wharf £ 120,000BUY6 / 100.00 KM
Alexandria, Victoria Wharf £ 169,000BUY5 / 100.00 KM
Alexandria, Victoria Wharf £ 169,950BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
172 Windsor Road £ 185,0000.41 KM
11 Burford Gardens £ 124,0000.45 KM
4 Pierhead View £ 385,0000.50 KM
7 Pierhead View £ 570,0000.50 KM
2 Little Dock Street £ 141,0000.50 KM