Island Farm, Merthyr Mawr, Bridgend
SA

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 %
from 310,148.00 £
Average area rental value
905.00 £/mo
Decreased by 13.40 %
from 1,045.00 £/mo
Est rental Yield
3.45 %
Decreased by 14.60 %
from 4.04 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Savills created the listing.

Nearby Schools

NameTypeOfstedDistance
Brynteg Comprehensive SchoolWelsh Establishment1.38 KM
Heronsbridge SchoolWelsh Establishment1.74 KM
St Mary'S Catholic Primary SchoolWelsh Establishment2.03 KM
Maes Yr Haul Primary SchoolWelsh Establishment2.03 KM
Ysgol Bryn CastellWelsh Establishment2.25 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
New Inn Road £ 000.00 KM
St. Brides Road £ 425,00000.00 KM
Manor Court £ 000.00 KM
White Meadow £ 000.00 KM
Rock Head £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bridgend3809BGN2.26 KM
Wildmill3965WMI3.45 KM
Sarn4270SRR5.32 KM
Tondu4271TDU6.33 KM

Nearby Listings

AddressPriceTypeScoreDistance
Merthyr Mawr Road, Bridgend County Borough, CF31 3NY £ 599,950BUY7 / 100.52 KM
Lletyr Bont Newydd, Merthyr Mawr Road, Bridgend £ 1,100,000BUY8 / 100.58 KM
Merthyr Mawr Road, Bridgend, Bridgend County. CF31 3NY £ 500,000BUY7 / 100.66 KM
The Retreat, Bridgend, Bridgend County. CF31 3NU £ 550,000BUYUnknown0.70 KM
The Retreat, Bridgend, Bridgend County. CF31 3NU £ 550,000BUYUnknown0.70 KM

Nearby Properties

AddressPriceDistance
Newbridge Farm £ 495,0000.64 KM
125 Merthyr Mawr Road £ 380,0000.69 KM
112a Merthyrmawr Road £ 370,0000.69 KM
132 Merthyrmawr Road £ 605,0000.69 KM
118 Merthyr Mawr Road £ 335,0000.69 KM