Sold STC Flat

FLAT 3

12 PIERCEFIELD PLACE, CARDIFF, CARDIFF CF24 0LD

1 beds 1 baths 484 sq ft Listed 22 Oct 2024 (-599d)

£140,000

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# 1 bedroom apartment for sale (CF24 0LD)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 3, 12 PIERCEFIELD PLACE, CARDIFF, CARDIFF CF24 0LD |
| Price | £140,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Construction age | England and Wales: before 1900 |
| Floor area | 45 m² |
| Last sold | £136,000 Oct 2025 |

## Description

This flat would make the ideal first time buy or buy to let investment, with an estimate rental income of £950PCM. Carrying the additional benefit of a shared garden and storage area. Our vendor has advised us there is 116 years left on the lease with a share of the freehold.

## Property Photos

- ![Photo](/listings/photos/154064783/612892)
- ![Photo](/listings/photos/154064783/612893)
- ![Photo](/listings/photos/154064783/612894)
- ![Photo](/listings/photos/154064783/612895)
- ![Photo](/listings/photos/154064783/612896)
- ![Photo](/listings/photos/154064783/612897)
- ![Photo](/listings/photos/154064783/612898)

## Floorplans

- ![Floorplan 1](/listings/photos/154064783/612899) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/154064783/612900) - EPC 1

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #8826784
- **Address:** 12 Piercefield Place, CARDIFF, CF24 0LD
- **Certificate Issued:** 07/05/2012
- **Work Completed:** 24/03/2012
- **Items:** 5 window(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 12 FLAT 3 PIERCEFIELD PLACE, CARDIFF, CF24 0LD | £136,000 | 01/10/2025 | Flat |
| 12 FLAT 3 PIERCEFIELD PLACE, CARDIFF, CF24 0LD | £120,000 | 01/09/2022 | Flat |
| 12 FLAT 3 PIERCEFIELD PLACE, CARDIFF, CF24 0LD | £82,950 | 03/12/2015 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 6 FLAT 1 PIERCEFIELD PLACE, CARDIFF, CF24 0LD | £88,000 | 06/10/2023 | Flat |
| [Same street] 4 FLAT 3 PIERCEFIELD PLACE, CARDIFF, CF24 0LD | £102,700 | 04/10/2023 | Flat |
| [Same street] 6 FLAT 4 PIERCEFIELD PLACE, CARDIFF, CF24 0LD | £96,000 | 11/08/2023 | Flat |
| [Same street] TRINITY MEWS, 2 FLAT 4 PIERCEFIELD PLACE, CARDIFF, CF24 0LD | £95,000 | 04/04/2023 | Flat |
| [Same street] 1 FLAT 1 PIERCEFIELD PLACE, CARDIFF, CF24 0LD | £180,000 | 12/08/2022 | Flat |
| CLIFTON COURT FLAT 9 STAR STREET, CARDIFF, CF24 0JY | £100,000 | 10/12/2021 | Flat |
| [Same street] 10 FLAT 1 PIERCEFIELD PLACE, CARDIFF, CF24 0LD | £95,000 | 13/09/2021 | Flat |

**Street average:** £109,450 (6 sales)
**Area average:** £100,000 (1 sale)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £164,152 (27 Flat, CF24, 2024–2026)
- **Deviation:** -14.7%

## Rental Range

*ONS Price Index of Private Rents (Cardiff). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,041/mo
- **Realistic:** £1,157/mo
- **Optimistic:** £1,273/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Newport Road, CF24 | £875/mo | 1 | 0.15 miles | OpenRent |
| Studio Flat, The West Wing, CF24 | £888/mo | 1 | 0.18 miles | OpenRent |
| Studio Flat, Vere Street, CF24 | £500/mo | 1 | 0.24 miles | OpenRent |
| 1 Bed Flat, Pearl St, CF24 | £800/mo | 1 | 0.25 miles | OpenRent |
| 1 Bed Flat, Oakfield St, CF24 | £880/mo | 1 | 0.31 miles | OpenRent |
| 1 Bed Flat, Broadway, CF24 | £845/mo | 1 | 0.4 miles | OpenRent |
| Studio Flat, Block B The Fitzalan, CF24 | £964/mo | 1 | 0.43 miles | OpenRent |

**Average rent: £822/mo (7 listings)**

## 1% Rule

- **Rent ratio:** 0.63% (weak for cashflow)
- **Max investor price (0.8%):** £109,375
- **Target investor price (1%):** £87,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £875/mo).*

- **Gross yield:** 7.5%
- **Cost-to-rent:** 13.3×
- **Monthly cashflow:** £211/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 6.2%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £3,111/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 28.1%
- **10y growth:** 44.6%

## House Price Index (HM Land Registry)

*Official index for Cardiff; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -2.8%
- **5y growth (index):** 9.7%
- **10y growth (index):** 27.4%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Tenure

LEASEHOLD

Floor area

45 m²

Year built

England and Wales: before 1900

Last sold

£136,000 Oct 2025

Price per m²

£3,111/m²

Local average

£164,152 (-14.7%)

Street crime

1218 incidents within 1 mile (Apr 2026)

Key features

White goods included
Shared garden
External storage
Duel aspect lounge
Bike storage
Perfect first time buy or investment

Additional details

Garden: Yes

Description

Very well presented one double bedroom first floor apartment on Piercefield Place, just off Newport Road. Minutes from the City Centre and with easy access to the A48/M4 links. Close to many shops and local amenities. Featuring a modern kitchen, delightful duel-aspect living/ dining space, fully tiled bathroom and double bedroom featuring a large wardrobe.

This flat would make the ideal first time buy or buy to let investment, with an estimate rental income of £950PCM. Carrying the additional benefit of a shared garden and storage area. Our vendor has advised us there is 116 years left on the lease with a share of the freehold.

Listed by

Albany Road

Spicerhaart

Reference: 154064783

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

EPC Graphs

EPC 1

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #8826784

Property Details

Street: 12 Piercefield Place

Town: CARDIFF

Postcode: CF24 0LD

Installation Details

Items: 5 windows

Certificate Issued: 07/05/2012

Work Completed: 24/03/2012

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

64% since 2015

Event	Date	Price	% change
Sold	01/10/2025 (8 months ago)	£136,000	+13.3%
Sold	01/09/2022 (3 years ago)	£120,000	+44.7%
Sold	03/12/2015 (10 years ago)	£82,950	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
Same street 6 FLAT 1 PIERCEFIELD PLACE, CARDIFF, CF24 0LD	£88,000	06/10/2023	Flat
Same street 4 FLAT 3 PIERCEFIELD PLACE, CARDIFF, CF24 0LD	£102,700	04/10/2023	Flat
Same street 6 FLAT 4 PIERCEFIELD PLACE, CARDIFF, CF24 0LD	£96,000	11/08/2023	Flat
Same street TRINITY MEWS, 2 FLAT 4 PIERCEFIELD PLACE, CARDIFF, CF24 0LD	£95,000	04/04/2023	Flat
Same street 1 FLAT 1 PIERCEFIELD PLACE, CARDIFF, CF24 0LD	£180,000	12/08/2022	Flat
CLIFTON COURT FLAT 9 STAR STREET, CARDIFF, CF24 0JY	£100,000	10/12/2021	Flat
Same street 10 FLAT 1 PIERCEFIELD PLACE, CARDIFF, CF24 0LD	£95,000	13/09/2021	Flat

Street average: £109,450 (6 sales)

Area average: £100,000 (1 sale)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 28.1%

10y growth 44.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Cardiff. Series: Flats and maisonettes. As of March 2026.

1y (index) -2.8%

5y (index) 9.7%

10y (index) 27.4%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: 12 PIERCEFIELD PLACE LTD (9670910)

Rental Range

Estimated market rent for Cardiff. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,041/mo

Realistic £1,157/mo

Optimistic £1,273/mo

Based on Local Authority from postcode lookup → Cardiff.

Location

Map view View on Google Maps View on OpenStreetMap Street View CF24 0LD

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Piercefield Place	0.1 miles
Bus stop	Four Elms Road	0.1 miles
Shop	Direct Eyecare	0.1 miles
Shop	Ryan's Barber	0.1 miles
Train station	Cardiff Queen Street	0.5 miles
Train station	Cathays	0.8 miles
Hospital	Saint David's Hospital	1.5 miles
Hospital	Priory Hospital Cardiff	2.9 miles
University	University of South Wales	3.6 miles

Street-level crime

Category	Count
Violence and sexual offences	339
Shoplifting	243
Anti-social behaviour	149
Vehicle crime	107
Public order	90
Criminal damage and arson	79
Other theft	63
Drugs	34
Other crime	24
Bicycle theft	22
Burglary	22
Theft from the person	21
Robbery	13
Possession of weapons	12
Total incidents	1218

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
St Peter's R.C. Primary School	Other	0.1 miles	— (No rating)
Adamsdown Primary School	Other	0.1 miles	— (No rating)
Cardiff Steiner Early Years Centre	Other	0.2 miles	— (No rating)
Tredegarville C.I.W. Primary School	Other	0.2 miles	— (No rating)
Plas Y Coed School and Student Support Centre	Other	0.2 miles	— (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
1 Bed Flat, Newport Road, CF24	£875/mo	1	0.15 miles	OpenRent
Studio Flat, The West Wing, CF24	£888/mo	1	0.18 miles	OpenRent
Studio Flat, Vere Street, CF24	£500/mo	1	0.24 miles	OpenRent
1 Bed Flat, Pearl St, CF24	£800/mo	1	0.25 miles	OpenRent
1 Bed Flat, Oakfield St, CF24	£880/mo	1	0.31 miles	OpenRent
1 Bed Flat, Broadway, CF24	£845/mo	1	0.4 miles	OpenRent
Studio Flat, Block B The Fitzalan, CF24	£964/mo	1	0.43 miles	OpenRent

Average rent: £822/mo (7 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.63%

Max investor price (0.8%) £109,375

Target investor price (1%) £87,500

Gross yield 7.5%

Cost-to-rent ratio 13.3×

Monthly cashflow £211/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 6.2%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

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