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Bro Elfed, Cynwyl Elfed

Wales

£165,000
Listed on 20/11/2022

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a notable opportunity for development in the village of Cynwyl Elfed, featuring outline planning consent for four detached residential properties. The site encompasses a sloping rectangular expanse of approximately 3826 square meters and includes an existing corrugated metal livestock shed situated on the northern edge, along with adjoining grazing fields that enhance its agricultural appeal. Notably, the southern perimeter contains a larger yard and outbuilding, both elevated several meters above the A484 public carriageway and discreetly shielded from view by mature trees and hedgerows. Access to the yard is provided via an unmade track that runs parallel to the A484, offering potential for improved access solutions. With outline permission already in place and a timeline for reserved matters submission, this site holds significant investment potential in a growing area.

Investment Analysis

(SA33 area)
Area Average
£232/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (SA33)

Area prices are falling by +2.4% over the last 12 months
3 year growth: -14.9%
5 year growth: 14.8%
Investment Disclaimer: Analysis based on SA33 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 Elfed, Cynwyl Elfed
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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
£604
Based on a loan of £123,750 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