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Llancayo Street, Bargoed CF81 - Image 1
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Llancayo Street, Bargoed CF81

Wales

£120,000
Listed on 03/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This development plot presents a compelling opportunity for investors and builders, encompassing approximately 1.5 acres with approved planning permission for two sizable detached homes, each featuring four double bedrooms. The proposed designs offer modern family living, with layouts that include three bathrooms and generous living spaces of around 2,300 square feet per dwelling. Located on the fringes of Bargoed, this site offers a tranquil countryside setting while remaining conveniently close to essential amenities. The village center and train station are just 0.5 miles away, providing easy access for commuters traveling to larger cities like Newport, Cardiff, and Bristol—distances of 17, 19, and 45 miles respectively. The planning permissions are secure; the initial consent (reference 18/1061/full) was granted on April 18, 2019. An extension was later approved (reference 24/0280/ncc) on June 13, 2024, allowing an additional five years to commence development. This extended timeline provides flexibility for potential buyers to refine their project plans or financial strategies. A key advantage of this property is its investment potential in a growing area. With the proposed housing designs emphasizing spaciousness and modernity along with ample parking—four spaces per home—this development could attract a range of buyers seeking family-oriented homes in a suburban environment. Prospective purchasers should verify all relevant details through Caerphilly Council's website for full planning application specifics and consider conducting independent surveys or inspections as part of their due diligence before proceeding with an offer.

Investment Analysis

(CF81 area)
Area Average
£159/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £500,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (CF81)

Area prices are stable by +1.7% over the last 12 months
3 year growth: 10.2%
5 year growth: 34.2%
Investment Disclaimer: Analysis based on CF81 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

Llancayo Street, Bargoed CF81
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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
£440
Based on a loan of £90,000 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