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Studio for sale

£64,995

Mynachdy Road, Gabalfa, Cardiff CF14

1 1
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Property features

  • Student Studio Apartments for £64,995 - cash only
  • 9% net Rental Return (excluding ground rent - £250)
  • 5 Year Rental Assurance
  • 5% Interest on Deposit
  • Completion Scheduled for Q3 2019
  • 250 Year Leasehold
  • Fully furnished
  • 0.60 miles from Cardiff Metropolitan University

Property description

Contemporary student accommodation in Cardiff. Cash buyers only.

Standing just 0.6 miles from Cardiff Metropolitan University, this off-plan purpose built student accommodation development provides a range of luxury studio apartments for Cardiff’s major student population of over 45,000.

Offering fully furnished studios with fitted kitchenette and en-suite shower rooms, Cardiff Student Village will also house an on-site gym and cinema room, with prices starting from just £64,995.

By acquiring one of these high specification apartments, potential purchasers can enjoy a 9% net rental return (excluding ground rent) for 5 years, and 5% interest accrued on deposits.

Property info

Market activity
Average price paid £261,368 Sales 1,029 Current average value £288,107 (Zoopla Zed-Index) Value change £8,051 ▲ 2.88%

Property value data/graphs for CF14

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £431,181 £279 3.9 £396,942
Semi-detached £295,583 £271 3.3 £284,654
Terraced £226,082 £244 3.0 £221,343
Flats £150,899 £234 1.8 £143,494

Current asking prices in CF14

Average: £292,607
Avg. current asking prices in CF14
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £114,973
(6)
£249,082
(20)
£272,309
(57)
£432,018
(42)
£613,772
(9)
Flats £118,949
(17)
£165,625
(30)
- - -
All £117,912
(23)
£199,008
(50)
£272,309
(57)
£432,018
(42)
£613,772
(9)

Current asking rents in CF14

Average: £960 pcm
Avg. current asking prices in CF14
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £424 pcm
(18)
£685 pcm
(7)
£930 pcm
(22)
£1,207 pcm
(34)
£1,522 pcm
(31)
Flats £536 pcm
(44)
£741 pcm
(50)
£966 pcm
(12)
£1,239 pcm
(2)
£1,300 pcm
(1)
All £503 pcm
(62)
£734 pcm
(57)
£943 pcm
(34)
£1,208 pcm
(36)
£1,515 pcm
(32)

Fun facts for CF14

Highest value in CF14
Highest value streets Zed-Index
Mill Road £816,336
Lisvane Road £777,565
Westbourne Crescent £776,637
Millwood £765,176
Rudry Road £755,650
Highest turnover in CF14
Highest turnover streets Turnover
Armoury Drive 50.0%
Llanidloes Road 50.0%
Trecastle Avenue 48.3%
Samuels Crescent 48.1%
Erw Wen 45.0%

What Zoopla users think of Gabalfa

Overall rating:

  • currently 4 stars
Very good - 80% (11 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 3.5 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 4.5 stars
Schools & public services
  • currently 4.5 stars
Transport & travel

Rate Gabalfa:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Llandaf (1.1 miles)
  • Birchgrove (1.2 miles)
  • Heath Low Level (1.2 miles)
  • Cardiff Airport (9.6 miles)
  • Bristol Airport (22.5 miles)
  • Exeter International Airport (54.0 miles)
  • Cardiff Castle Waterbus Stop (1.7 miles)
  • Taffs Mead Waterbus Stop (2.2 miles)
  • Clarence Embankment Waterbus Stop (3.0 miles)

Nearby schools

View all schools in Cardiff
  • Gaer Junior School (9.4 miles)
  • Gaer Infant School (9.6 miles)
  • Brynglas Primary School (11.3 miles)
  • North Somerset Enterprise and Technology College (16.1 miles)
  • West Somerset College (24.0 miles)
  • The Kings of Wessex Academy (24.2 miles)
  • St. Joseph's RC Primary School (0.3 miles)
  • Birchgrove Primary School (0.5 miles)
  • Gabalfa Primary (0.6 miles)
Note: Distances are straight line measurements

Local info for Cardiff

About the neighbours in CF14

AskMe Q&A for Cardiff

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For more information about this property, please contact
turtlehomes.co.uk online estate agents, GL2 on +44 1452 679724 * (local rate)

Monthly running costs Beta

£407 Monthly total

Mortgage

Purchase price
Deposit (10%) 6,499
Repayment term 25
Interest rate 1.5
Your payment £233 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £92,000 Contents value up to £15,000 Average insurance cost £15/mo (£175/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £19 Electricity £26 Estimated energy cost £45/mo

Similar properties could save up to £119

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5600 kWh/year
Electricity: 1900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Cardiff

Estimated tax band A Council tax cost £88 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £10 Sewerage £16 Estimated water cost £26 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact turtlehomes.co.uk online estate agents about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by turtlehomes.co.uk online estate agents, and do not constitute property particulars. Please contact turtlehomes.co.uk online estate agents for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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