Llanafan, Aberystwyth, SY23
MO

Llanafan, Aberystwyth, SY23

By Morgan & Davies

£ 750,000

Reviews

2 out of 5 stars

Morgan & Davies says ..

Lifestyle Opportunity Set in 3 Acres. Picturesque West Wales Country Setting.  

Property Oracle says ..

This property in Llanafan, Aberystwyth, presents a unique opportunity for buyers seeking a rural lifestyle. The listing includes both a charming cottage-style house and what seems to be a sizeable land area and also what looks like a campsite on the land, perfect for generating rental income. The cottage itself appears well-maintained and nicely presented, with modernized interiors. The kitchen and bathroom look newly refurbished. The location offers stunning views and tranquility, but its rural setting means a lack of immediate access to amenities and public transport. The outdoor space is a significant plus point, offering potential for various uses including gardening and outdoor entertaining. However, the provided imagery shows what appears to be a campsite or other forms of commercial accommodation. The extent of this, and the potential to generate income, will need to be explored. The absence of detailed information on the size of the main house makes direct price comparisons challenging. However, the stated price of £750,000 is in line with the average cost of similar smallholdings in the vicinity, considering that some have far larger acreages. Potential buyers should carefully weigh the advantages of the location and substantial land area against the lack of local amenities and the need for some external property maintenance. The additional possibility of income generation is worth assessing based on the campsite. A thorough survey and investigation into the business potential of the land are recommended before making a purchase decision.

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
7
Location
4
Land
5
Bedrooms
3
Bathrooms
1
Sqft (est)
432.90

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
398,765.00 £
Decreased by 0.35 %
from 400,154.00 £
Est sale value
171,428.40 £
Increased by 20.73 %
from 141,991.20 £
Average area rental value
1,263.00 £/mo
Increased by 3.52 %
from 1,220.00 £/mo
Est letting value
432.90 £/mo
Unchanged by 0.00 %
from 432.90 £/mo
Est rental Yield
3.80 %
Increased by 3.83 %
from 3.66 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Morgan & Davies created the listing.

Nearby Schools

NameTypeOfstedDistance
Ysgol Llanfihangel-Y-CreuddynWelsh Establishment5.98 KM
Ysgol PontrhydfendigaidWelsh Establishment8.73 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Lon Coed £ 675,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Llanafan, Aberystwyth, SY23 £ 685,000BUY7 / 100.00 KM
Llanafan, Aberystwyth, Ceredigion, SY23 £ 425,000BUY7 / 100.00 KM
Land at Caradog Falls, Llanafan, SY23 4BH £ 9,000BUY5 / 100.33 KM
Llanafan, Aberystwyth, Ceredigion, SY23 £ 425,000BUY7 / 100.52 KM
Llanafan, Aberystwyth £ 675,000BUY6 / 100.73 KM

Nearby Properties

AddressPriceDistance
4 Gwel Ystwyth £ 162,0000.33 KM