Aled Ellis & Co Ltd says ..

Property Oracle says ..

This property in Llanafan, Ceredigion, presents a unique opportunity, but one that requires careful consideration. The listing describes a refurbished 4-bedroom farmhouse with outbuildings situated on 17 acres of land. Images show the property in mixed condition, with some areas appearing newly renovated (such as a section of the kitchen), presenting a modern and updated aesthetic. In contrast, other rooms and the outbuildings are distinctly in need of considerable attention, including repairs, modernization, and potential structural improvements. The outbuildings show signs of disrepair and are filled with debris or left unused, as the photos depict. The overall state necessitates significant investment before the property reaches its full potential. The extent of the renovations required will significantly influence a buyer’s perception of the property’s value for money. The considerable plot size of 17 acres, however, presents a major draw, potentially ideal for farming, equestrian pursuits, or those seeking a spacious, secluded rural living environment. The absence of specified square footage for the dwelling makes it challenging to precisely evaluate the price per square foot and assess value accurately against local market averages. The location within Llanafan offers scenic views and peace while still being within a reasonable distance of Aberystwyth, offering a balance between rural living and access to town amenities. Overall, the property is a project that might appeal to buyers seeking a sizable property with significant land in a beautiful Welsh countryside setting and who are prepared for substantial renovation works. A thorough survey and assessment of costs are vital before committing to purchase.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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