Water Street, Llangybi

By Evans Bros

£ 120,000

2 out of 5 stars

Water Street, Llangybi

Evans Bros says ..

A traditional improvable character cottage offering spacious up to 3 bedroomed accommodation, in a village setting, deserving of sympathetic renovation and refurbishment. The property is complemented by a large garden in need of re-establishment.

Property Oracle says ..

The property is a 3 bedroom, 2 bathroom cottage located in Llangybi, Ceredigion, Wales. The asking price is £120,000.

The property requires extensive renovation. The images show significant damp issues, damaged walls and floors, and outdated fixtures and fittings. The garden is overgrown and in need of significant landscaping. While the cottage has character, it’s currently in poor condition and will require a substantial investment to bring it up to a habitable standard.

The average house price in the area is considerably higher at £512,717, with an average price per sqft of £409. However, nearby comparable properties (terraced houses) are listed at prices between £105,000 and £121,000. Given the condition of this property, the list price of £120,000 appears reasonable in comparison to other properties in the area, although the buyer should factor in significant renovation costs. The lack of information regarding the property’s square footage makes a precise price-per-square-foot comparison impossible. The presence of a garden, albeit needing work, is a positive feature. The proximity to Ysgol Y Dderi (0.80km) is beneficial for families.

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: 3
Location: 6
Land: 4