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Plas Morlais, North Cornelly, Bridgend

Wales

£125,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
891 sqft

Description

This three-bedroom semi-detached house, located in the sought-after village of North Cornelly, presents a valuable opportunity for buyers and investors interested in renovation projects. The property benefits from its convenient proximity to essential local amenities, schools, and transport links, making it an attractive prospect for future tenants or owners. Currently tenanted, the home includes three generously sized bedrooms along with a spacious lounge and dining area. However, both the kitchen and bathroom require modernization to unlock their full potential. With well-planned refurbishment, this property could significantly enhance its rental yield and market value. Additionally, the outdoor front garden offers potential for off-road parking (subject to permissions), while the rear garden provides useful outdoor space that can be enjoyed by future occupants. Once updated, this residence will appeal to families and professionals alike due to its proximity to Porthcawl, Bridgend, and easy access to the M4 corridor. A great opportunity awaits for those looking to invest in a property with considerable upside.

Investment Analysis

(CF33 area)

Below Market Value

This property is priced -32.0% below area average per sq ft

-32.0%
Potential saving
This Property
£140/sq ft
Area Average
£206/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£202,195
10% above area average per sq ft
Potential ROI
+34.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (CF33)

Area prices are rising by +4.5% over the last 12 months
3 year growth: 7.8%
5 year growth: 31.3%
Investment Disclaimer: Analysis based on CF33 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

Plas Morlais, North Cornelly, Bridgend
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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
£458
Based on a loan of £93,750 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