Lon Y Felin, Aberaeron, SA46
By Morgan & Davies
£ 385,000
Reviews
3 out of 5 stars
Morgan & Davies says ..
Cosy Period 3 Bed Cottage set within a large plot with parking and a pair of 1 Bed Cottages/Studios - currently an up and running holiday let. Excellent Investment Opportunity - Aberaeron, Cardigan Bay - West Wales.
Property Oracle says ..
This property in Aberaeron, Ceredigion, presents a unique offering. It’s a three-bedroom cottage with the added benefit of a pair of one-bedroom cottages/studios. These additional units offer significant potential for generating rental income, making this an attractive investment property. The main house itself features a relatively eclectic interior design. The kitchen and bathroom are functional but may benefit from future upgrades. The property appears to be in reasonable condition, and the exterior is well maintained, while the garden is considerable and includes additional outbuildings. Aberaeron is a sought-after coastal town with good local schools, further adding to the appeal. However, the lack of precise square footage information for both the main house and the additional units makes a comprehensive market value assessment challenging, and potential buyer preferences for décor style could be a factor. A buyer seeking a ready-to-move-in property might want to factor in potential modernisation costs. The potential rental income from the additional units represents a significant positive aspect to counter this.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 6
- Bedrooms
- 3
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 398,765.00 £Decreased by 0.35 %
- Average area rental value
- 1,263.00 £/moIncreased by 3.52 %
- Est rental Yield
- 3.80 %Increased by 3.83 %
- Crime Rate
- 1.00 %Unchanged by 0.00 %
Agent Activity
Morgan & Davies created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ysgol Gyfun Aberaeron | Welsh Establishment | 0.66 KM | |
| Ysgol Gynradd Aberaeron | Welsh Establishment | 1.17 KM | |
| Ysgol Ciliau Parc | Welsh Establishment | 7.28 KM | |
| Ysgol Dihewyd | Welsh Establishment | 7.45 KM | |
| Ysgol Gynradd Llanarth | Welsh Establishment | 7.66 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Lon y Felin | £ 385,000 | 0 | 0.00 KM |
| Bro Allt y Graig | £ 545,000 | 0 | 0.00 KM |
| Ffordd y Goitre | £ 465,000 | 0 | 0.00 KM |
| Bridge Street | £ 294,000 | 0 | 0.00 KM |
| Darkgate Street | £ 167,500 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lon Y Felin, Aberaeron, SA46 | £ 385,000 | BUY | 6 / 10 | 0.00 KM |
| Vicarage Hill, Aberaeron, SA46 | £ 279,000 | BUY | 5 / 10 | 0.39 KM |
| Rhiwgoch, Aberaeron, SA46 | £ 75,000 | BUY | 5 / 10 | 0.41 KM |
| Bro Allt y Graig, Goitre Road, Aberaeron, SA46 | £ 230,000 | BUY | Unknown | 0.44 KM |
| Bro Allt y Graig, Aberaeron, SA46 | £ 335,000 | BUY | 5 / 10 | 0.44 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Aeron Dale | £ 250,000 | 0.08 KM |
| Pantderi | £ 230,000 | 0.08 KM |
| Kensington | £ 145,000 | 0.08 KM |
| Indaba | £ 205,000 | 0.09 KM |
| Bron-y-gaer | £ 185,000 | 0.09 KM |