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Oaklands, Fonmon, The Vale of Glamorgan CF62 3BJ - Image 1
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Oaklands, Fonmon, The Vale of Glamorgan CF62 3BJ

Wales

£595,000
Listed on 29/12/2024

Property Details

Bedrooms
4
Type
Detached house
Area
2217 sqft

Description

This sizable detached home features four bedrooms and four versatile reception areas, making it a prime candidate for renovation or investment. Nestled in a tranquil setting with direct views of the countryside, the property offers both privacy and potential. The entrance opens into a spacious hallway characterized by ceramic tiled flooring and ample natural light from the double-glazed windows. The generous reception hallway leads to multiple living spaces, including a living room enhanced by a UPVC bay window that frames views of the front garden. The room is complemented by an electric fire with an elegant surround. The adjoining dining room can be opened up via double doors, creating an inviting flow between spaces. A separate sitting room boasts a distinctive herringbone-patterned block floor and additional bay window, providing another flexible area for family gatherings or entertaining guests. The breakfast room offers functional space with its tiled floor and recessed feature fireplace, which could be an attractive focal point following renovation. This area is seamlessly connected to the kitchen, which includes traditional 'Shaker' style cabinetry, roll-top work surfaces, and essential appliances such as a stainless steel cooking range and extractor fan. On the upper floor, the master bedroom stands out with its spacious layout featuring French doors that lead onto a decked balcony, offering splendid views of the surrounding countryside. Each of the other three bedrooms showcases unique features such as pitched ceilings and built-in storage options, which can be enhanced further through creative redesigns. Accessed via a shared private lane, the property includes a well-maintained front lawn and extensive resin pathways leading to substantial parking facilities. The oversized double garage presents significant opportunities for conversion into an independent annexe (subject to planning permission), potentially serving as inter-generational living space or generating rental income through platforms like Airbnb. The rear garden primarily consists of lawned areas that offer serene countryside vistas along with paved sitting zones ideal for outdoor relaxation. Additionally, there are useful outbuildings on-site including a substantial summer house with a covered sitting area and another structure combining utility space with tool shed storage. This property not only provides comfort but also significant potential for renovations that could increase value or adapt spaces to meet diverse needs in today's market.

Investment Analysis

(CF62 area)

Below Market Value

This property is priced -2.7% below area average per sq ft

-2.7%
Potential saving
This Property
£268/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£242
Avg Yield
3.8%

Renovation Potential

Est. Renovation Cost
£59,500 - £148,750
10-25% of property value
Target Value
£672,593
10% above area average per sq ft
Potential ROI
-9.6%
After renovation
Monthly Sales
42
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (CF62)

Area prices are stable by +1.8% over the last 12 months
3 year growth: 4.8%
5 year growth: 30.8%
Investment Disclaimer: Analysis based on CF62 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Oaklands, Fonmon, The Vale of Glamorgan CF62 3BJ
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