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Bro Ewenny Nursing Home, Ewenny Road, Bridgend, CF35 5AW - Image 1
Bro Ewenny Nursing Home, Ewenny Road, Bridgend, CF35 5AW - Image 2
Bro Ewenny Nursing Home, Ewenny Road, Bridgend, CF35 5AW - Image 3
Bro Ewenny Nursing Home, Ewenny Road, Bridgend, CF35 5AW - Image 4
Bro Ewenny Nursing Home, Ewenny Road, Bridgend, CF35 5AW - Image 5

Bro Ewenny Nursing Home, Ewenny Road, Bridgend, CF35 5AW

Wales

£750,000
Listed on 13/05/2024

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property, formerly the Bro Ewenny Nursing Home, presents a unique opportunity for redevelopment or investment in an area experiencing growth. The site is offered with full vacant possession and freehold tenure, making it ready for immediate acquisition. Situated on the southern outskirts of Bridgend Town Centre, the location benefits from excellent transport links. Island Farm Lane is conveniently located just off Ewenny Road, which provides direct access to the A48 dual carriageway. Junctions 35 and 37 of the M4 Motorway are within a ten-minute drive, facilitating easy connections to Cardiff and Swansea—both approximately 20 miles away. Moreover, the property lies just a few miles from the picturesque Heritage Coast of the Vale of Glamorgan. The premises are set on a self-contained site and come equipped with all mains services. The existing structure offers significant potential for transformation; detailed planning permission is already in place for demolishing the current building and constructing an Extra Care Facility comprising 16 care bedrooms and 25 extra care apartments (Planning Reference: P/18/139/FUL). This approval includes a signed Section 106 Agreement that outlines an Affordable Housing Contribution to be paid upon commencing development. Beyond its specific planning consent, this property holds promise for various residential or commercial uses, allowing for further creativity in development options. The surrounding area is poised for continued residential interest due to its proximity to both natural beauty and urban amenities. The property is offered as freehold tenure with no ongoing leases or tenant obligations. With such prime location advantages and approved development plans, this site stands as a compelling investment opportunity for those looking to contribute positively to the local community while capitalizing on market demand.

Investment Analysis

(CF35 area)
Area Average
£262/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£1,500,000 - £2,000,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (CF35)

Area prices are falling by +3.5% over the last 12 months
3 year growth: 4.1%
5 year growth: 25.9%
Investment Disclaimer: Analysis based on CF35 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Bro Ewenny Nursing Home, Ewenny Road, Bridgend, CF35 5AW
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,747
Based on a loan of £562,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE