Development Opportunity, Adjacent to 2 Chepstow Road, Treorchy, Mid Glamorgan, CF42 6UT
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Development Opportunity, Adjacent to 2 Chepstow Road, Treorchy, Mid Glamorgan, CF42 6UT

By Paul Fosh Auctions

£ 39,000

Reviews

2 out of 5 stars

Paul Fosh Auctions says ..

Lot 84 - Development Opportunity; ONLINE AUCTION from 4th - 6th FEBRUARY A rare opportunity to acquire a good sized plot with full planning for a modern, architect designed 3/4 bedroom detached dormer bungalow, with a driveway and off road parking. The plot is located in the sought...

Property Oracle says ..

This property is a development opportunity, offering a plot of land adjacent to 2 Chepstow Road in Treorchy, Rhondda Cynon Taf. The listing highlights the land’s potential for construction, with accompanying plans illustrating a proposed design including a kitchen, living area, bedrooms, a study, and other amenities. The location in Treorchy offers proximity to schools like Parc Primary School and Treorchy Comprehensive School, and also to Treorchy train station. The price point may reflect a market valuation considering it requires significant investment for construction. However, the absence of a built structure does reduce certainty for potential buyers. Furthermore, there’s no information on the actual condition of the land itself or if any potential issues exist that might impact the development. The nearby listings show a range of property values in the area, so assessing the development’s future value is difficult. The lack of key details like precise plot size and absence of a property leaves this as a high-risk, high-reward investment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
1
Location
6
Land
7
Bedrooms
0
Bathrooms
0

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
242,000.00 £
Decreased by 4.05 %
from 252,211.00 £
Average area rental value
437.00 £/mo
Decreased by 50.79 %
from 888.00 £/mo
Est rental Yield
2.17 %
Decreased by 48.70 %
from 4.23 %
Crime Rate
16.00 %
Unchanged by 0.00 %
from 16.00 %

Agent Activity

  • Paul Fosh Auctions created the listing.

Nearby Schools

NameTypeOfstedDistance
Parc Primary SchoolWelsh Establishment0.40 KM
Treorchy Comprehensive SchoolWelsh Establishment0.47 KM
Treorchy Primary SchoolWelsh Establishment1.10 KM
Ysgol G.G. YnyswenWelsh Establishment1.37 KM
Penyrenglyn Primary SchoolWelsh Establishment2.21 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Tan-Y-Fron £ 370,00000.00 KM
Windsor Street £ 000.00 KM
Clos Ystradfechan £ 000.00 KM
Brook Street £ 000.00 KM
Prince's Street £ 99,99500.00 KM

Nearby Transport

NameNLCTLCDistance
Treorchy3891TRY0.85 KM
Ynyswen3818YNW1.44 KM
Ton Pentre3897TPN3.09 KM
Treherbert3889TRB3.19 KM
Ystrad Rhondda3871YSR5.29 KM

Nearby Listings

AddressPriceTypeScoreDistance
Chepstow Road, Cwmparc, Treorchy, Rhondda Cynon Taff, CF42 £ 179,950BUY6 / 100.04 KM
Conway Road, Cwmparc, Treorchy, Rhondda Cynon Taff, CF42 £ 110,000BUY6 / 100.07 KM
Castle Street, Treorchy £ 104,995BUYUnknown0.16 KM
Chepstow Road, Cwmparc, Treorchy CF42 £ 130,000BUY6 / 100.19 KM
Chepstow Road, Cwmparc £ 125,000BUY6 / 100.20 KM

Nearby Properties

AddressPriceDistance
85 Chepstow Road £ 120,0000.06 KM
2 Chepstow Road £ 55,0000.06 KM
9 Chepstow Road £ 123,5000.06 KM
8 Chepstow Road £ 125,0000.06 KM
10 Chepstow Road £ 58,0000.06 KM