Victoria Homes says ..
*IDEAL INVESTMENT* 2 bedroom terraced home on Park View, Waunlwydd
Property Oracle says ..
This two-bedroom terraced house located on Park View, Waunlwydd, Blaenau Gwent, presents a mixed-use investment opportunity. The property is situated relatively near Ebbw Vale Parkway Train Station, enhancing its commute potential for those working in Cardiff. Several primary schools are also within a feasible distance, making it potentially attractive to families. However, the current condition of the property requires substantial renovation work before it is habitable. The interior is cluttered, showing signs of significant wear and tear and neglect, especially in the kitchen and bathroom areas. The external space is small and rather unkempt. While the price of £80,000 is competitive relative to other properties on Park View Street and within a similar condition, potential buyers must take into account the considerable refurbishment costs. Overall, it could be a viable project for an experienced investor, but is not suitable for first-time buyers unless significant financial resources and renovation expertise are available. The lack of detailed plot size information limits a truly comprehensive evaluation of the property’s value per square foot.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 4
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 716.88
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
- 300,000.00 £Decreased by 22.28 %
- Est sale value
- 303,240.24 £Decreased by 3.86 %
- Average area rental value
- 1,073.00 £/moDecreased by 13.47 %
- Est letting value
- 716.88 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.29 %Increased by 11.43 %
- Crime Rate
- 74.00 %Unchanged by 0.00 %
Agent Activity
Victoria Homes marked this listing as sold.
Victoria Homes created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Pen-Y-Cwm Special School | Welsh Establishment | 1.34 KM | |
| Cwm Primary School | Welsh Establishment | 1.54 KM | |
| River Centre 3-16 Learning Community | Welsh Establishment | 3.35 KM | |
| Willowtown Primary School | Welsh Establishment | 3.59 KM | |
| All Saints R.C. Primary School | Welsh Establishment | 4.00 KM |
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Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hall Street | £ 220,000 | 0 | 0.00 KM |
| Park Road | £ 310,000 | 0 | 0.00 KM |
| Ash Grove | £ 0 | 0 | 0.00 KM |
| Strand Annealing Lane | £ 0 | 0 | 0.00 KM |
| Mountain View | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Ebbw Vale Parkway | 9915 | EBV | 0.32 KM |
| Ebbw Vale Town | 3628 | EBB | 2.51 KM |
| Brithdir | 4012 | BHD | 6.41 KM |
| Tir-Phil | 4025 | TIR | 7.04 KM |
| Bargoed | 4011 | BGD | 8.14 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Park View, Waunlwydd, NP23 | £ 80,000 | BUY | 4 / 10 | 0.00 KM |
| Park View, Waunlwyd, Ebbw Vale | £ 90,000 | BUY | 6 / 10 | 0.01 KM |
| Park View, Waunlwyd, NP23 | £ 110,000 | BUY | 5 / 10 | 0.03 KM |
| Garn Terrace, Ebbw Vale | £ 125,000 | BUY | 5 / 10 | 0.09 KM |
| Excelsior Street, Ebbw Vale, Blaenau Gwent, NP23 6TU | £ 90,000 | BUY | 6 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 13 Park View | £ 62,500 | 0.01 KM |
| 2 Park View | £ 60,000 | 0.01 KM |
| 10 Park View | £ 70,000 | 0.01 KM |
| 1 Park View | £ 63,000 | 0.01 KM |
| 26 Park View | £ 50,950 | 0.01 KM |