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Llanmaes, Llantwit Major, CF61

Wales

£635,000
Listed on 20/09/2024

Property Details

Bedrooms
3
Type
Detached house
Area
1270 sqft

Description

Nestled in the tranquil village of Llanmaes, this property, originally two cottages, offers a unique opportunity for those looking to invest in a home with renovation potential. The layout presents an inviting entrance hallway leading to various living spaces designed for both comfort and functionality. The sitting room features a multi-fuel log burner, providing warmth and character that can be enhanced by further updates. The kitchen, recently fitted with solid stone worktops and modern appliances, opens up to a dining area and a conservatory that brings in natural light, perfect for informal gatherings or family meals. Additionally, the utility room and cloakroom on the ground floor add convenience to daily living. Upstairs, the residence boasts three well-proportioned double bedrooms, two of which have en-suite facilities. A family bathroom completes this level and suggests potential for further enhancements tailored to individual tastes. Outside, the property is complemented by a charming enclosed front garden offering picturesque views of the surrounding countryside. The rear garden features lush lawn space along with the noteworthy addition of a barn/garage that holds significant conversion potential—ideal for those seeking extra living or working space (subject to necessary consents). Parking will not be an issue here; the driveway accommodates approximately four vehicles alongside a double detached garage. Modern conveniences are present throughout the property, including gas central heating with Nest technology and UPVC windows equipped with shutters. Situated close to Llantwit Major and Cowbridge, this home benefits from excellent transport links via nearby train and bus stations, while being within easy reach of the stunning Heritage Coastline. With thoughtful renovations already made by the current owners and more potential awaiting discovery, this property is sure to appeal to investors or families looking for their next project in a desirable location.

Investment Analysis

(CF61 area)

Above Market Value

This property is priced +65.8% above area average per sq ft

+65.8%
This Property
£500/sq ft
Area Average
£302/sq ft

Renovation Potential

Est. Renovation Cost
£63,500 - £158,750
10-25% of property value
Target Value
£421,196
10% above area average per sq ft
Potential ROI
-46.9%
After renovation
Monthly Sales
8
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (CF61)

Area prices are falling by +15.5% over the last 12 months
3 year growth: -11.3%
5 year growth: 12.5%
Investment Disclaimer: Analysis based on CF61 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

Llanmaes, Llantwit Major, CF61
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