Cavendish Residential says ..
RE-DEVELOPMENT OPPORTUNITY.. FOR INVESTORS & CASH BUYERS IN NEED OF REPAIR AND MAJOR REFURBISHMENT A TWO BEDROOM END OF TERRACED HOUSE LOCATED IN THE CENTRE OF THE VILLAGE IN THE HEART OF THE DEE VALLEY AND ALMOST EQUIDISTANT BETWEEN CORWEN AND LLANGOLLEN. GROUND FLOOR LIVING RO...
Property Oracle says ..
This property in Glyndyfrdwy, Corwen is a two-bedroom, one-bathroom house listed at £70,000. The photos reveal that the property is in significant disrepair. Walls are damaged, plaster is missing, and the interior requires complete renovation. The flooring and fixtures appear dilapidated. The exterior shows a brick structure, but the overall condition appears poor and requires significant attention. The property is located in a quiet rural setting, close to a stream. While the proximity to nature is a positive, the lack of immediate transportation and the distance from schools present challenges. The relative isolation could appeal to buyers seeking a peaceful lifestyle away from urban centres, however, the extensive renovations required present a substantial undertaking. The list price is significantly below the average for some nearby streets, which include larger properties; yet the condition of this property makes determining its value complex. A potential buyer should budget heavily for renovations, potentially exceeding the purchase price. A comprehensive survey is essential before purchasing to determine the extent of the repair work needed and associated costs. Overall, this represents a high-risk, high-reward proposition, suitable for experienced investors or those comfortable with major renovation projects. The lack of specific plot size details prevents a more accurate assessment of the land value.
Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 2
- Location
- 3
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 600.63
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 326,418.00 £Decreased by 0.78 %
- Est sale value
- 200,610.42 £Increased by 1.52 %
- Average area rental value
- 1,459.00 £/moIncreased by 29.46 %
- Est letting value
- 600.63 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.36 %Increased by 30.41 %
- Crime Rate
- 383.00 %Unchanged by 0.00 %
Agent Activity
Cavendish Residential created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ysgol Gynradd Carrog | Welsh Establishment | 6.06 KM | |
| Ysgol Llanarmon Dyffryn Ceiriog | Welsh Establishment | 9.22 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Maes Y Glyn | £ 182,500 | 0 | 0.00 KM |
| Tan Y Ffordd | £ 175,000 | 0 | 0.00 KM |
| Twm Path | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Maes Y Glyn, Glyndyfrdwy | £ 335,000 | BUY | 7 / 10 | 0.03 KM |
| Bryn Derwyn Terrace, Glyndyfrdwy, Corwen | £ 195,000 | BUY | 7 / 10 | 0.13 KM |
| New Inn Terrace, Glyndyfrdwy | £ 165,000 | BUY | 6 / 10 | 0.16 KM |
| New Inn Terrace, Corwen | £ 165,000 | BUY | 6 / 10 | 0.16 KM |
| Glyndyfrdwy, Corwen | £ 240,000 | BUY | 6 / 10 | 0.35 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 13 Maes Owain | £ 157,000 | 0.09 KM |
| 7 Maes Owain | £ 196,000 | 0.09 KM |
| 4 Maes Owain | £ 140,000 | 0.09 KM |
| 9 Maes Owain | £ 60,000 | 0.10 KM |
| 14 Maes Owain | £ 80,450 | 0.10 KM |