1-bedroom flat · CF33 4QA
For saleReduced £5k (−7.1%) on 10 OctListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Elliott & co are pleased to offer this ground floor studio apartment on the fringe of this developent within the village of north cornelly.
This studio apartment has gas c/h, upvc d/g and allocated parking space.
Gas / electric / water / building insurance / maintenance / grounds maintenance - is included in the monthly management fee of £242.p/m There is approx 107 yrs remaining on the lease.
*no chain* * Ideal starter property- approx 5 miles from the sea-side town of Porthcawl. Easy commuting for Cardiff / Swansea/ Bridgend - at J37 / M4 motorway approx 1 mile.
Accommodation Briefly comprises:- Lounge / kitchen, opening to double bedroom, shower-room /w.c.
Entrance via :-new composite double glazed door into: Lounge / kitchen area: 19'02'' x 14'02''-[ approx ] - upvc d/g window to front elevation.
Storage cupboard, kitchen area with stainless steel bowl sink with mixer taps, electric hob and oven, range of base and wall units, spot lighting. Carpet, radiator.
Bedroom:10'10'' x 7'11'' [ approx ] with recess for wardrobe, upvc d./g window to rear, radiator, carpet. Shower-room :-shower cubicle, wc, sink unit, radiator. Carpet.
The is a cupboard plumbed for a washing machine & tumble dryer space. Outside: Communal gardens. Parking space allocated to rear tenure: Leasehold. 107 yrs approx remain.
Ground rent £80 p/a property misdescriptions act 1991: The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for their purpose.
A buyer is advised to obtain verification from their solicitor or surveyor. References to the Tenure of the property are based on information supplied by the seller.
The agent has not had sight of title documents. A buyer is advised to obtain verification from their solicitor.
Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property. N.B.
Measurements are approximate where supplied and have been taken using a laser tape which should be relied on for such matters as carpet fitting.
Prospective buyers are recommended to check all measurements for them selves.
Every care has been taken in the description of properties but their accuracy is not guaranteed and they do not form part of any contract.
Descriptions are given in good faith and as an opinion of the agents not as representation of fact.
No description or information given about the property or its value, whether written or verbal or whether or not in these descriptions may be relied upon as a statement of representation or fact.
Photographs are reproduced for general information using a 24mm wide-angle lens and are neither necessarily comprehensive nor current: No assumption should be made that any content shown are included in the sale nor regards to parts of the property which have not been photographed.
We have not tested any appliances, services, heating systems or fixtures, and so cannot guarantee that they are in good working order.
Prospective purchasers should undertake their own tests, enquires or surveys before entering into any contract.
Final note:-While we endeavour to make any information or sales details accurate and reliable, if there is any point of particular importance to you, kindly contact this office and we shall be pleased to confirm the position for you, especially if contemplating travelling some distance to view.
Whilst every conceivable effort is taken to ensure the accuracy of these particulars, we cannot accept any liability for the specification given. Fixtures and fittings have not been tested.
All measurements are given to the nearest three inches.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 60, Mill Meadow, Bridgend
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