Penllyne Properties Portfolio, Cowbridge, Vale Of Glamorgan

Cowbridge is one of South Wales’s most sought-after market towns, renowned for its blend of historic charm, affluent character and exceptional quality of life. Located approximately 12 miles west of Cardiff, the town combines easy access to the Welsh capital with the tranquillity of a thriving rural community.

Once in a generation opportunity to acquire a rare, residential led portfolio, held in its current ownership for over 25 years. The portfolio comprises 7 houses, 14 apartments and four offices (98% let).

Cowbridge was voted the best place to live in Wales by the Sunday Times (2026). It also benefits from the best performing state school in Wales. 92% of the residential assets are located in Cowbridge. The Portfolio presents significant asset management opportunities including a significant rental uplift and piecemeal breakup. The office buildings are 98% let, and occupied by longstanding tenants. They are located in areas popular with commercial occupiers.

Total income of £408,447 per annum. All assets held Freehold.

1-5 Eastgate Mews, Cowbridge - Eastgate Mews comprises a residential building providing five self-contained apartments, including one one-bedroom apartment and four two-bedroom apartments. Each apartment benefits from its own independent access point located at various positions around the building.

6 Eastgate Mews, Cowbridge - Comprises a detached two-storey residential building situated to the rear of the Eastgate properties. The property fronts a communal parking area accessed via Croft Terrace and backs onto Borough Close. The property also benefits from a small garden area to the front.

26 Eastgate, Cowbridge - 26 Eastgate comprises a two-storey residential building situated on Cowbridge High Street.
The property provides two self-contained two-bedroom apartments, comprising a ground floor apartment and a first floor apartment.
The ground floor apartment benefits from independent access points to both the front and rear of the property, whilst the first floor apartment is accessed via an external staircase located to the side of the building.

3B Stonewalls, Cowbridge - 3B Stonewalls, Broadway comprises a semi-detached two-storey residential dwelling situated on a site extending to approximately 0.03 acres. The property provides three-bedroom accommodation and benefits from a driveway providing parking for one vehicle, a single garage, and a small garden to the rear.

1 Croft Street , Cowbridge - 1 Croft Street comprises an end-terrace two-storey residential dwelling situated on a site extending to approximately 0.03 acres. The property provides two-bedrooms.

12 Eastgate, Cowbridge - 12 Eastgate comprises a mid-terrace twostorey residential building situated on the eastern side of Cowbridge High Street.
The property occupies a site extending to approximately 0.10 acres and benefits from access to both the front and rear, with rear access provided via Borough Close.
The building provides two self-contained one-bedroom apartments. A value-add opportunity would be to merge the two apartments to create a more appealing individual dwelling with a large garden.

22 Eastgate, Cowbridge - 22 Eastgate comprises a detached two-storey residential building situated on the eastern side of Cowbridge High Street. The property occupies a site extending to approximately 0.06 acres and benefits from access to both the front and rear, together with a shared garden to the rear.
The building provides two self-contained two-bedroom apartments. A value-add opportunity would be to merge the two apartments to create a more appealing individual dwelling with a large garden.

36 Eastgate, Cowbridge - 36 Eastgate comprises a detached residential dwelling situated on Cowbridge High Street and occupying a site extending to approximately 0.12 acres. The property provides five-bedrooms and benefits from on-site parking together with a secondary access point to the rear. The garden wraps around the entire property.

Graig Apartments Cowbridge & Offices, Cowbridge - Graig Apartments comprises a residential development providing three self-contained apartments and a cottage. The apartments comprise one one-bedroom apartment at ground floor level and two two-bedroom apartments arranged over the upper floors. The cottage provides a self-contained two-bedroom dwelling.
The properties benefit from shared access via an archway leading into a courtyard, which provides communal parking. To the rear of the courtyard is an office building currently occupied by two tenants, comprising Falco Financial Services and the vendor’s former office.
Opportunity to add value through conversion of office space into residential, Subject to Planning.
Situated to the rear of the site, the property benefits from a shared courtyard and parking area with The Graig Apartments.
The building has a current planning use of Class E and is currently let to one Tenant who occupies the first floor. The ground floor is currently occupied by the current landlord and will be vacant upon the completion of the sale of this asset.
Given its established residential setting, the building offers potential for conversion to residential apartments, subject to the necessary planning permission and statutory consents.

33 Waldsassen Road, Pencoed - 33 Waldsassen Road comprises a detached residential dwelling situated within Pencoed, approximately 1 mile from Junction 35 of the M4 motorway. The property occupies a site extending to approximately 0.077 acres and provides five bedrooms arranged over three-storeys. The dwelling benefits from a detached double garage, private off-road parking and a rear garden.

The Barn, Llanmaes - The Barn is located 3 miles south of Cowbridge and close to the attractive village of Llanmaes.
The Barn is a detached house situated on a 0.2 acre site. The property comprises three double bedrooms, a generous kitchen/dining room and two reception rooms, one of which could lend itself to use as a fourth bedroom.
The property will be sold with additional agricultural land to the side and rear of the property, beyond the existing boundary wall.

The Pavillion, Cowbridge - The Pavillion comprises an attractive art deco office building, measuring a total of 4,061 sq ft. The property occupies a prominent position on Cowbridge High Street and benefits from good car parking provision to the rear. The site measures 0.225 acres. The property is let to two tenants across fours leases, NGF Adey and FFT Education Limited.

Old Castle Offices, Bridgend - Old Castle Offices comprise a modern, prominent two-storey building located on South Street, in Bridgend and measures 3,995 sq ft.
The property is within 10 minutes walking distance of the town centre, which is home to the Rhiw Shopping Centre, an active high street as well as a number of cafés, bars and restaurants. Asda and Aldi Supermarkets are also nearby. Bridgend Railway Station, which is on the mainline to Swansea, Cardiff and London Paddington is a 14-minute walk.

Tudor House, Bridgend - Tudor House comprises a modern two-storey office building measuring 3,547 sq ft. The property is located on the edge of Bridgend Industrial Estate, a thriving commercial area and one of the largest in South Wales.
The property is situated on Coychurch Road and is within a 10 minute drive of Junction 35 of the M4 Motorway. Bridgend town centre is a 5 minute drive.
The property is let to four tenants; Safer Aesthetics Training Ltd, Cutting Edge Facilities Ltd, Curtis Surveyors Limited and Farmtrack Limited.

Pricing - We are instructed to seek offers in excess of £8,000,000 (Eight Million Pounds).
Offers for the portfolio as a whole are preferred; however, proposals for smaller groupings will be considered on a case-by-case basis.

Viewings - The property may be inspected by appointment with Watts and Morgan or Knight Frank.

Contact:
For further information, or to arrange a viewing, please contact either Watts and Morgan or Knight Frank.

Richard Morgan
Head of Residential Sales

Richard.

Dyfed Miles
Head of Commercial

Dyfed.