Old Club, 93 Bailey Street
Lucas Estates & Rentals logo

Old Club, 93 Bailey Street

By Lucas Estates & Rentals

£ 160,000

Reviews

2 out of 5 stars

Lucas Estates & Rentals says ..

This commercial property in the serene neighbourhood of Deri offers a unique investment opportunity with full planning permission granted in 2024 for conversion into residential dwellings, presenting significant potential for high returns through redevelopment. Planning granted for 2-bedroom hous...

Property Oracle says ..

The property at 93 Bailey Street, formerly ‘The Old Club’ pub, presents a unique opportunity. Its location in Darren Valley, Caerphilly, offers proximity to local amenities, with Deri Primary School within walking distance and Tir-Phil train station a short drive away, facilitating access to transportation.

The property itself is a substantial semi-detached building with six bedrooms and two bathrooms, offering ample living space. However, the internal and external photos suggest the property requires significant renovation. The interior retains the layout and features of a former pub, including bar areas and commercial-style bathrooms. The basement appears unfinished and in need of considerable work. The rear garden is overgrown and requires landscaping.

Considering the average price per square foot in the area is £249.00, and this property is listed at approximately £166 per square foot, the price may reflect the extensive renovation required. While the property offers considerable space, its current condition suggests it may only appeal to investors or those willing to undertake a comprehensive refurbishment project. The listing is located on Bailey Street, where nearby properties have sold for significantly less.

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
3
Location
7
Land
6
Bedrooms
6
Bathrooms
2
Sqft (est)
963.37

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
219,115.00 £
Increased by 18.08 %
from 185,563.00 £
Est sale value
239,879.13 £
Increased by 3.75 %
from 231,208.80 £
Average area rental value
1,500.00 £/mo
Increased by 50.30 %
from 998.00 £/mo
Est letting value
963.37 £/mo
Unchanged by 0.00 %
from 963.37 £/mo
Est rental Yield
8.21 %
Increased by 27.29 %
from 6.45 %
Crime Rate
117.00 %
Unchanged by 0.00 %
from 117.00 %

Agent Activity

  • Lucas Estates & Rentals created the listing.

Nearby Schools

NameTypeOfstedDistance
Deri Primary SchoolWelsh Establishment0.19 KM
Heolddu Comprehensive SchoolWelsh Establishment3.21 KM
Whiterose PrimaryWelsh Establishment3.23 KM
Phillipstown Primary SchoolWelsh Establishment3.23 KM
St Gwladys Bargoed SchoolWelsh Establishment4.10 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Chapel Street £ 220,00000.00 KM
New Road £ 161,99000.00 KM
Riverside Walk £ 000.00 KM
Hill Street £ 270,00000.00 KM
Woodland Rise £ 330,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Tir-Phil4025TIR2.48 KM
Brithdir4012BHD4.03 KM
Bargoed4011BGD4.32 KM
Pontlottyn4023PLT4.49 KM
Gilfach Fargoed4022GFF5.06 KM

Nearby Listings

AddressPriceTypeScoreDistance
99 Bailey Street, Deri £ 129,950BUY6 / 100.00 KM
Old Club, 93 Bailey Street £ 160,000BUY5 / 100.00 KM
Bailey Street, Deri, Bargoed, CF81 9HX £ 185,000BUY6 / 100.01 KM
Bailey Street, Deri, Bargoed £ 105,000BUY7 / 100.05 KM
Chapel Street, Deri, Bargoed £ 124,995BUY7 / 100.18 KM

Nearby Properties

AddressPriceDistance
109 Bailey Street £ 116,0000.00 KM
125 Bailey Street £ 93,0000.00 KM
120 Bailey Street £ 31,0000.00 KM
99 Bailey Street £ 67,0000.00 KM
119 Bailey Street £ 80,0000.00 KM