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Colcot Road, Barry, CF62

Wales

£370,000
Listed on 27/03/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
969 sqft

Description

This detached three-bedroom bungalow presents a significant opportunity for buyers looking to invest in a property ripe for modernization and potential expansion, subject to planning approval. The home features three spacious reception areas, including a sizable lounge with a focal gas fireplace, a formal dining room, and a sun room that floods with natural light and offers pleasant views of the garden. The kitchen is functional, accompanied by a utility room that enhances storage and laundry capabilities. With three well-sized bedrooms and essential bathroom facilities, this property is ideal for families or those seeking ample living space without the constraints of vertical living. Situated on an expansive plot, the bungalow allows for versatile living arrangements and an adaptable layout to accommodate personal preferences. The outdoor area is equally generous; the front garden features a lengthy driveway suitable for several vehicles alongside access to a garage. While the front garden primarily consists of concrete and decorative stone chippings, it ensures privacy through well-maintained hedging. The rear garden boasts greater potential with its size; it includes an initial patio perfect for alfresco dining, further patio space at the rear, and lush lawn bordered by established greenery. Additional amenities comprise a greenhouse and secure access from the back into the garage. This property not only offers spacious living accommodations but also holds immense promise to transform it into an individualised dream home.

Investment Analysis

(CF62 area)

Above Market Value

This property is priced +39.8% above area average per sq ft

+39.8%
This Property
£382/sq ft
Area Average
£273/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£291,151
10% above area average per sq ft
Potential ROI
-30.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
70%
Properties sold annually

Local Market Trend (CF62)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -0.4%
5 year growth: +24.6%
Investment Disclaimer: Analysis based on CF62 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

Colcot Road, Barry, CF62
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,334
Based on a loan of £277,500 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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