Island Farm, Merthyr Mawr, Bridgend
By Savills
£ 2,000,000
Reviews
3 out of 5 stars
Savills says ..
Greenfield development opportunity allocated for up to 788 dwellings
Property Oracle says ..
This listing presents a unique opportunity to acquire a large undeveloped land parcel in Merthyr Mawr, Bridgend. The property, as shown in the aerial photographs, comprises a significant area of land suitable for various developments. The location offers a balance between rural tranquility and proximity to the amenities of Bridgend. The nearby train station in Bridgend ensures good connectivity, while several schools are within a reasonable distance, making it potentially attractive to families. However, the lack of information regarding the exact plot size, permitted development options, planning permissions, and any potential environmental considerations, requires a cautious assessment. Potential buyers need to conduct thorough due diligence to determine the true value and feasibility of any development plans. The absence of details on the existing structures (or lack thereof) means that any valuation is inherently speculative until comprehensive surveys are undertaken. The current listing price is high, requiring a robust business case and detailed cost projections to justify the expenditure. Without knowing the potential returns from the land, the investment risk is significant. This presents an interesting proposition, but only for investors who are fully prepared to undertake the necessary investigations and accept the associated level of uncertainty.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 1
- Location
- 7
- Land
- 10
- Bedrooms
- 0
- Bathrooms
- 0
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
- 314,999.00 £Increased by 1.56 %
- Average area rental value
- 905.00 £/moDecreased by 13.40 %
- Est rental Yield
- 3.45 %Decreased by 14.60 %
- Crime Rate
- 0.00 %
Agent Activity
Savills created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Brynteg Comprehensive School | Welsh Establishment | 1.38 KM | |
| Heronsbridge School | Welsh Establishment | 1.74 KM | |
| St Mary'S Catholic Primary School | Welsh Establishment | 2.03 KM | |
| Maes Yr Haul Primary School | Welsh Establishment | 2.03 KM | |
| Ysgol Bryn Castell | Welsh Establishment | 2.25 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| New Inn Road | £ 0 | 0 | 0.00 KM |
| St. Brides Road | £ 425,000 | 0 | 0.00 KM |
| Manor Court | £ 0 | 0 | 0.00 KM |
| White Meadow | £ 0 | 0 | 0.00 KM |
| Rock Head | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Bridgend | 3809 | BGN | 2.26 KM |
| Wildmill | 3965 | WMI | 3.45 KM |
| Sarn | 4270 | SRR | 5.32 KM |
| Tondu | 4271 | TDU | 6.33 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Merthyr Mawr Road, Bridgend County Borough, CF31 3NY | £ 599,950 | BUY | 7 / 10 | 0.52 KM |
| Lletyr Bont Newydd, Merthyr Mawr Road, Bridgend | £ 1,100,000 | BUY | 8 / 10 | 0.58 KM |
| Merthyr Mawr Road, Bridgend, Bridgend County. CF31 3NY | £ 500,000 | BUY | 7 / 10 | 0.66 KM |
| The Retreat, Bridgend, Bridgend County. CF31 3NU | £ 550,000 | BUY | Unknown | 0.70 KM |
| The Retreat, Bridgend, Bridgend County. CF31 3NU | £ 550,000 | BUY | Unknown | 0.70 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Newbridge Farm | £ 495,000 | 0.64 KM |
| 125 Merthyr Mawr Road | £ 380,000 | 0.69 KM |
| 112a Merthyrmawr Road | £ 370,000 | 0.69 KM |
| 132 Merthyrmawr Road | £ 605,000 | 0.69 KM |
| 118 Merthyr Mawr Road | £ 335,000 | 0.69 KM |