Prestons says ..
Prestons are pleased to offer for sale a two bedroom terrace house situated in a small hamlet of similar style properties on the outskirts of Porthcawl.The property is in need of some modernisation, but would make an ideal first time but or to buy as a buy to let investment.
Property Oracle says ..
This two-bedroom terraced house in Cornelly, Bridgend, presents a mixed bag. The location offers a balance of convenience and accessibility, being relatively close to amenities and the M4. The proximity to schools is an additional plus for families. However, the surrounding streets indicate a varying level of property values, suggesting that the location isn’t necessarily in a premium zone.
The property’s condition is fair. The photos reveal some visible cosmetic issues externally, and while the interior is functional, it suggests a need for some modernisation and potentially some repairs to maintain optimal living conditions and increase its value. The kitchen is outdated, which could influence the overall impression of the property.
The garden is present but relatively small and may need some landscaping. The plot size is not provided, hindering more accurate evaluation.
The list price of £139,000 needs careful evaluation. While it falls within the range of comparable properties nearby, the lack of accurate property square footage makes it difficult to determine if the property provides value for money compared to similar properties. It also lacks information on the size of the property and plot. The need for repairs and improvements further complicates the evaluation. Overall, it is neither notably overpriced nor underpriced but requires a thorough survey to ensure its value is as suggested.
In conclusion, this property presents a potential investment opportunity, particularly for first-time buyers or those seeking a project. However, potential buyers should be prepared for renovation costs and consider the condition of the property in their offer. A full survey is highly recommended before purchasing.
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
- 5
- Location
- 6
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 285,800.00 £Increased by 13.94 %
- Average area rental value
- 750.00 £/moIncreased by 5.19 %
- Est rental Yield
- 3.15 %Decreased by 7.62 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Prestons marked this listing as sold.
Prestons created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Corneli Primary School | Welsh Establishment | 1.25 KM | |
| Ysgol Y Ferch O'R Sger | Welsh Establishment | 1.34 KM | |
| Afon-Y-Felin Primary School | Welsh Establishment | 1.77 KM | |
| West Park Primary School | Welsh Establishment | 2.08 KM | |
| Pil Primary School | Welsh Establishment | 2.64 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Heol Porthcawl | £ 354,500 | 0 | 0.00 KM |
| Hawthorn Drive | £ 230,000 | 0 | 0.00 KM |
| Lamb Row | £ 437,500 | 0 | 0.00 KM |
| Rock Cottages | £ 550,000 | 0 | 0.00 KM |
| Railway Terrace | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Pyle | 4185 | PYL | 1.86 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Hawthorn Drive, South Cornelly, Bridgend | £ 300,000 | BUY | 7 / 10 | 0.19 KM |
| Hawthorn Drive, South Cornelly, Bridgend County. CF33 4RF | £ 365,000 | BUY | 5 / 10 | 0.19 KM |
| Hawthorn Drive, South Cornelly, Bridgend, CF33 | £ 365,000 | BUY | 5 / 10 | 0.19 KM |
| Cornelius Close, South Cornelly, Bridgend | £ 290,000 | BUY | 6 / 10 | 0.22 KM |
| Clos-yr-eos,South Cornelly,CF33 4RJ | £ 170,000 | BUY | 6 / 10 | 0.24 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 52 Greenacres | £ 165,000 | 0.00 KM |
| 83 Greenacres | £ 105,000 | 0.00 KM |
| 53 Greenacres | £ 130,000 | 0.00 KM |
| 68 Greenacres | £ 180,000 | 0.00 KM |
| 72 Greenacres | £ 272,000 | 0.00 KM |