Penrhiw Lane, Machen, CF83
WA

Penrhiw Lane, Machen, CF83

By Watkins Estate Agents

£ 500,000

Reviews

3 out of 5 stars

Watkins Estate Agents says ..

Exceptional 4-bed bungalow on approx. 0.4 acres. Ample parking, double garage, expansive layout, large lounge, spacious conservatory, stunning views. Enormous potential for personal touches, tranquil and spacious outdoor retreat, perfect for creating your dream oasis.

Property Oracle says ..

The property is a 4-bedroom bungalow located in Machen, Caerphilly, with a list price of £500,000. The property has a plot size of approximately 0.4 acres and boasts stunning views. Based on the images provided, the property appears to be in good condition, although some minor cosmetic updates might enhance its presentation. The kitchen and bathrooms show some signs of age, but are functional. The property benefits from a large conservatory and patio area, ideal for outdoor living. The property’s location offers tranquility while being within reasonable proximity to local amenities and transportation links. The nearby Machen Forest provides access to green space and recreational opportunities. Several primary schools are located within a short distance, making it potentially attractive to families. Considering the average house price in the area is £273,748 and the average price per square foot is £301, the list price of £500,000 for this 1,194.79 sqft property seems high. However, the substantial plot size (approximately 0.4 acres), the expansive layout, and the stunning views contribute to the higher asking price. The property’s condition, while good, isn’t exceptional, which could be a factor in negotiations. The significant land area is a key differentiator compared to other properties in the area, justifying a premium.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
7
Location
8
Land
9
Bedrooms
4
Bathrooms
1
Sqft (est)
1,194.79

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
226,667.00 £
Decreased by 21.42 %
from 288,463.00 £
Est sale value
372,774.48 £
Increased by 21.87 %
from 305,866.24 £
Average area rental value
925.00 £/mo
Decreased by 1.70 %
from 941.00 £/mo
Est letting value
1,194.79 £/mo
from 0.00 £/mo
Est rental Yield
4.90 %
Increased by 25.32 %
from 3.91 %
Crime Rate
22.00 %
Unchanged by 0.00 %
from 22.00 %

Agent Activity

  • Watkins Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Wyclif Independent Christian SchoolWelsh Establishment0.39 KM
Machen Primary SchoolWelsh Establishment0.60 KM
Waunfawr Primary SchoolWelsh Establishment2.61 KM
Graig-Y-Rhacca Primary And Nursery Community SchoolWelsh Establishment3.26 KM
Rhydri Primary SchoolWelsh Establishment3.70 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Rhyd-y-Gwern Lane £ 599,99900.00 KM
Wesley Hill £ 395,00000.00 KM
Brecon and Merthyr Tydfil Junction Railway £ 400,00000.00 KM
Oakfield Gardens £ 000.00 KM
Beechwood Avenue £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Crosskeys9902CKY2.75 KM
Risca And Pontymister9920RCA5.35 KM
Newbridge9919NBE7.26 KM
Lisvane And Thornhill3853LVT7.99 KM
Rogerstone9921ROR8.16 KM

Nearby Listings

AddressPriceTypeScoreDistance
Penrhiw Lane, Machen, CF83 £ 500,000BUY7 / 100.00 KM
Penrhiw Lane, Caerphilly £ 750,000BUYUnknown0.06 KM
Cwm Fedw, Machen, Caerphilly, CF83 8QD £ 300,000BUY6 / 100.12 KM
Penrhiw Lane, Machen, Caerphilly £ 685,000BUY7 / 100.12 KM
Penrhiw Lane, Machen, CF83 £ 525,000BUY7 / 100.21 KM

Nearby Properties

AddressPriceDistance
High Tor £ 217,0000.12 KM
Barefoot Cottage £ 355,0000.12 KM
Angel Brook £ 195,0000.12 KM
Silverwood £ 98,0000.12 KM
Shangri-la £ 128,0000.12 KM