The list price of £750,000-£800,000 is high considering the property’s severely deteriorated condition. While the extensive land adds value, the cost of renovation will likely be very substantial. The lack of comparable properties with similar acreage and condition makes a precise price per square foot calculation impossible, but the overall price seems ambitious given the current state of the property. The auction format adds an element of uncertainty to the final sale price.

The provided photographs clearly show the property is in extremely poor condition. It appears to be significantly dilapidated and in need of extensive renovation or even complete rebuilding. The interior images reveal significant damage and debris, indicating a substantial amount of work is required.

The property’s location in Rhydlewis, Ceredigion, offers a rural setting with limited immediate amenities. While the surrounding countryside is attractive, the distance to schools (3.27 KM to the nearest primary school) and the lack of nearby transportation may pose challenges for some buyers. The proximity to other towns like Llandysul and Newcastle Emlyn offers some offsetting advantages, but overall, the location score reflects the relative remoteness.

The property boasts approximately 132 acres of land, which is a significant amount. This large plot size is a major asset, particularly for buyers seeking a substantial rural property with potential for various uses, such as farming or development (subject to planning permission).