Prestons says ..
Prestons are pleased to market for sale this first floor two bedroom purpose built flat situated close to the local Primary Schools with a small local shopping precinct nearby. This property has a tenant in situ so it is marketed as an investment opportunity.
Property Oracle says ..
The property is a 2 bedroom flat located in Cornelly, Bridgend, with a list price of £84,000. The property has 730 sqft of living space and benefits from a small garden. It is located 0.59km from Pyle Train Station. There are several primary schools within a short distance, including Ysgol Y Ferch O’R Sger (0.17km), Cornelly Primary School (0.23km), and Afon-Y-Felin Primary School (0.49km). Cynffig Comprehensive School is further away at 2.62km.
The property appears to be in need of some modernisation and updating. The kitchen and bathroom show signs of wear and tear, and the garden requires significant attention. The interior also appears dated and could benefit from a refresh.
Considering the average house price in the area is £198,077 and the average price per sqft is £219, the list price of £84,000 for this 730 sqft flat seems relatively low. However, the condition of the property and the need for potential renovations must be factored in. Nearby comparable properties on Heol Y Parc have sold for between £48,000 and £90,000, suggesting the list price is within the range of similar properties in the area, despite the lower average price per sqft. The presence of a garden, albeit needing work, is a positive aspect. The proximity to schools and transport links is also a significant advantage.
Based on the available information, the property presents a potentially good investment opportunity for a buyer willing to undertake some renovations. However, a thorough survey is recommended before purchase.
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
- 7
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 730.00
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
- 285,800.00 £Increased by 13.94 %
- Est sale value
- 196,370.00 £Increased by 55.49 %
- Average area rental value
- 750.00 £/moIncreased by 5.19 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 3.15 %Decreased by 7.62 %
- Crime Rate
- 23.00 %Unchanged by 0.00 %
Agent Activity
Prestons created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ysgol Y Ferch O'R Sger | Welsh Establishment | 0.17 KM | |
| Corneli Primary School | Welsh Establishment | 0.23 KM | |
| Afon-Y-Felin Primary School | Welsh Establishment | 0.49 KM | |
| Pil Primary School | Welsh Establishment | 1.46 KM | |
| Cynffig Comprehensive School | Welsh Establishment | 2.62 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cae'r Cynffig | £ 140,000 | 0 | 0.00 KM |
| Lon-y-Cariadon | £ 0 | 0 | 0.00 KM |
| Rhodfa Caroline | £ 425,000 | 0 | 0.00 KM |
| Ffordd Collwyn | £ 0 | 0 | 0.00 KM |
| Kingfisher Road | £ 161,667 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Pyle | 4185 | PYL | 0.59 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Heol-y-parc, CF33 | £ 84,000 | BUY | 5 / 10 | 0.00 KM |
| 83-89 Heol-y-Parc, North Cornelly, Bridgend, Mid Glamorgan, CF33 4LY | £ 1 | BUY | 6 / 10 | 0.02 KM |
| Hall Drive, North Cornelly, Bridgend | £ 250,000 | BUY | Unknown | 0.16 KM |
| Gibbons Way, North Cornelly, BRIDGEND | £ 145,000 | BUY | 7 / 10 | 0.18 KM |
| Caer Cynffig, North Cornelly, Bridgend | £ 150,000 | BUY | 6 / 10 | 0.21 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 101 Heol Y Parc | £ 76,500 | 0.00 KM |
| 105 Heol Y Parc | £ 48,000 | 0.00 KM |
| 89 Heol Y Parc | £ 90,000 | 0.00 KM |
| 61 Heol Y Parc | £ 74,000 | 0.01 KM |
| 25 Tir Newydd | £ 125,000 | 0.08 KM |