Studio for sale

£142,000 From

Park Place, Cardiff CF10

Studio for sale
Interested in this property? Call +44 20 8128 0603 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Prices from gbp 142,000
  • 6.5% net yields assured for 3 years
  • Fully managed by in-house residence managers
  • Next to Cardiff University, an elite ‘Russell Group’ university
  • Up to 220 Sq ft Studio Apartments
  • Within 5 minutes’ walk of Cardiff Castle, Town Hall, National Museum and main shopping streets

Property description

Checkmate Estates are pleased to offer this brand new student development in the heart of Cardiff! The development is located 5 minutes away from Cardiff University, Cardiff City Hall and the National Museum. Other close by monuments and amenities include Cardiff Castle, Principality Stadium, St David's Dewi Shopping Centre and Cardiff Cathedral.

If a stress free investment is what you have been looking for, then look no further. Each flat has a 6.5% net yield assured for 3 years which is fully managed by in-house residence managers

Why invest in UK student property?

• 68% rise in demand for purpose-built student accomodation (pbsa) since 2010/11

• Due to low supply, almost 1.1 million students in the UK are looking for pbsa

• With the UK home to 11 of the world’s top 100 universities, student demand is largely unaffected by wider economic factors

Cardiff is home to one of the uk’s fastest growing student property markets, making it the ideal city in which to launch this magnificent development.

Floor plans and availability will be emailed to you on request.

Contact us today to speak with a member of our team.

Property info

Property value data/graphs for CF10

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £399,453 £409 3.5 £171,900
Semi-detached £221,027 £204 3.0 £241,000
Terraced £204,422 £208 3.3 £224,631
Flats £184,563 £268 1.8 £167,447

Current asking prices in CF10

Average: £189,499
Avg. current asking prices in CF10
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £140,000
(1)
£178,333
(3)
£199,950
(1)
£474,975
(2)
-
Flats £143,190
(47)
£212,428
(69)
- - -
All £143,124
(48)
£211,008
(72)
£199,950
(1)
£474,975
(2)
-

Current asking rents in CF10

Average: £924 pcm
Avg. current asking prices in CF10
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £525 pcm
(13)
£813 pcm
(2)
£1,122 pcm
(4)
£1,413 pcm
(3)
-
Flats £721 pcm
(58)
£1,107 pcm
(50)
£1,252 pcm
(3)
- £390 pcm
(1)
All £685 pcm
(71)
£1,095 pcm
(52)
£1,178 pcm
(7)
£1,413 pcm
(3)
£390 pcm
(1)

Fun facts for CF10

Highest value in CF10
Highest value streets Zed-Index
Queen Anne Square £802,201
Greyfriars Road £375,449
Windsor Esplanade £366,518
Barquentine Place £325,022
Havannah Street £263,229
Highest turnover in CF10
Highest turnover streets Turnover
Heol Glan Rheidol 47.1%
Harrowby Street 37.5%
Heol Glan Rheidol 37.4%
Henke Court 36.8%
Golate Street 36.0%
Arrange Viewing

For more information about this property, please contact
Checkmate Estates, HA0 on +44 20 8128 0603 * (local rate)

Monthly running costs Beta

£732 Monthly total

Energy

Gas £19 Electricity £29 Estimated energy cost £48/mo

Similar properties could save up to £154

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 C Council tax cost £117 /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 Checkmate Estates 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 Checkmate Estates, and do not constitute property particulars. Please contact Checkmate Estates for full details and further information. The Running Costs data displayed on this page are provided by Homes24 to give an indication of potential running costs based on various data sources. Homes24 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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