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Great House Farm Barn, Llanmaes, The Vale of Glamorgan CF61 2XR - Image 1
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Great House Farm Barn, Llanmaes, The Vale of Glamorgan CF61 2XR

Wales

£80,000
Listed on 03/09/2024

Property Details

Bedrooms
3
Type
Barn

Description

This detached stone barn, located in the charming village of Llanmaes, presents a valuable investment opportunity with full planning permission for conversion into a three-bedroom holiday let. Nestled on the outskirts of the village, the property benefits from immediate access to local amenities, including a pub and community hall, while the nearby town of Llantwit Major offers an extensive range of services and transportation links. Approved planning consent (ref: 2020/00929/FUL) allows for a thoughtful redesign, featuring an entrance hallway leading to three bedrooms and associated facilities on the ground floor. Upstairs, you can create an expansive open-plan living area that captures the essence of modern living. While parking is available roadside, potential buyers should note that outdoor space is limited to the footprint of the barn itself. This project holds significant renovation potential for those looking to invest in a sought-after location near the stunning heritage coastline.

Investment Analysis

(CF61 area)
Area Average
£308/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
72%
Properties sold annually

Local Market Trend (CF61)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -11.2%
5 year growth: +17.1%
Investment Disclaimer: Analysis based on CF61 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

Great House Farm Barn, Llanmaes, The Vale of Glamorgan CF61 2XR
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£289
Based on a loan of £60,000 over 30 years at 4.06% 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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