Greyfriars House, Porthcawl
Wales
£170,000
Listed on 20/10/2026
Listed on 20/10/2026
The listing
Property details
Bedrooms
1Type
Ground FlatArea
690 sqftDescription
This ground-floor one-bedroom apartment in Porthcawl has a reception room, a separate kitchen and a bathroom, with the listing describing the rooms as generously sized. It is vacant and offered with no onward chain. The location is described as close to local amenities and the coastline, with pleasant views.
The accommodation includes an irregular-shaped reception room measuring approximately 16ft 2in by 14ft 9in, a bedroom of around 14ft by 13ft 1in, a kitchen and a bathroom. The property is presented as requiring modernisation, giving a purchaser scope to update the interior to suit their needs. Lease information and any associated pack fees should be checked with the selling agent.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
66out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £170,000, this Porthcawl flat is priced well below the local average per square foot, making it an appealing opportunity to acquire a spacious coastal home at a discount. The generously sized reception room and bedroom provide a good canvas for modernisation, with dated finishes and a damaged section beneath the kitchen units offering clear scope to refresh and add your own style. The asking price plus the stated renovation midpoint is £180,250, compared with an implied local average value of £217,281; that comparison is not a GDV and excludes fees and stamp duty.
The main point to investigate is the visibly weathered exterior render and paint: the photographs do not establish the cause, repair scope or responsibility, so check this alongside the lease details. Otherwise, the interior appears usable, with the kitchen and bathroom fixtures in place and no obvious interior structural failure visible.
Key opportunities
- Acquire at £246/sq ft, well below the local average of £315/sq ft.
- Refresh the dated carpets, decoration and fittings while retaining the generously proportioned reception room and bedroom.
- Repair and make good the damaged area beneath the kitchen units as part of a focused modernisation.
Key risks
- Exterior render and paint are deteriorated across multiple areas; establish the repair scope, cause and responsibility, including through lease checks.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£642
Based on a loan of £127,500 over 30 years at 4.45% 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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