2-bedroom terraced house · GL20 7FQ
Sold STCListed 129 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented mid terrace 2 bed semi detached house situated in the popular Wheatpieces, Walton Cardiff, Tewkesbury development.
The property comprises of kitchen, lounge, downstairs WC, 2 bedrooms, bathroom and rear garden, parking and garden. No management fees How Does Shared Ownership Work?
- Shared Ownership is a government scheme that offers you the chance to buy a share of a property from a housing association, a non-profit-making body that provides homes.
Because you only own a part of the property, you can buy it with a smaller deposit and mortgage.
A smaller mortgage means smaller repayments but you’ll also need to pay: - rent on the share of the property you do not yet own - monthly service charges Shared Ownership homes can be new builds, existing properties, houses or flats.
All Shared Ownership properties are leasehold, even houses.
Shared Ownership Information - Shared ownership is a part buy part rent property from a registered landlord You purchase a share with the help of a mortgage based on your affordability.
Example of costs based on a Share of: 40% - £106,000 Open Market Value: £265000 Rent per month: £374.70 Buildings insurance per month: £17.31 The more you buy the lower your rent will be.
These costs will increase each year with inflation. Disclaimer - All measurements are approximate. We have not checked the serviceability of any appliances, fixtures or utilities (i.e.
water, electricity, gas) which may be included in the sale.
We cannot guarantee building regulations or planning permission has been approved and all prospective purchasers should satisfy themselves on these points prior to entering into a contract.
Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose.
A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller.
The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.
Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation.
Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
Ground Floor - Entrance hall into a well equipped kitchen, with fitted oven hob and hood.
Space for washing machine and fridge freezer 3.1m x 2.9m Downstairs W/C Spacious lounge Diner with rear access into garden 4.1m x 3.9 First Floor - Stairs to first floor leading to: Bedroom 1, A large double room with windows to the front- 4.1m x 3.3 Bedroom 2 - A bright and airy twin room with window to the rear - 2.2m x 4.1m Family Bathroom, White suite with shower over bath.
Includes airing cupboard. Window to the rear 2.7 x 1.9 Outside - To the front two allocated parking spaces To the rear, a beautifully landscaped garden with patio area and shed.
Rear access Eligibility Criteria - To be eligible for Shared Ownership you need to: - be a first-time buyer, an existing shared ownership homeowner, or a former homeowner who can’t afford to buy now - be over 18 years old - have an annual household income of less than £80,000 (£90,000 in London).
If you wish to buy one of these properties we need to assess your eligibility for shared ownership.
For this we need to see: •Proof of ID •Proof of address You will also be required to complete an application form and an affordability calculation. Services - All mains services are connected.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Honeysuckle Crescent, Walton Cardiff - Shared ownership
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