The asking price of £400,000 for a 1603 sqft, 3-bedroom property in Llantwit Major seems somewhat typical based on the provided information. Though the average prices per sqft for nearby streets is unavailable. The nearby listing prices and description show comparable values. Considering the condition, some need for updating could be factored into the value, but ultimately the price appears reasonably priced for the market.

Based on the photos, the property appears to be in fair condition. Some areas show signs of needing updating or minor repairs (the downstairs shop area shows evidence of work in progress/needs renovation). Other areas of the house (such as the kitchen and bathroom) show signs of recent modernisation or refurbishment. Overall, it’s not in perfect condition but doesn’t appear to be severely dilapidated.

The property is located in Llantwit Major, a town in the Vale of Glamorgan with good access to local shops, schools, and amenities as stated in the listing. The proximity to Llantwit Major train station (0.27km) adds to its convenience. While not explicitly mentioned as being in the most premium area, its central position suggests a reasonably desirable location.

The property has a garden, but the provided images suggest its size is relatively modest and not exceptionally large compared to other properties in the area. The gardens are somewhat overgrown and in need of maintenance. It does offer some outdoor space which is more land than some properties, hence the middle-of-the-road rating.