The asking price of £140,000 seems reasonable relative to other properties in the area, considering that several nearby properties in similar conditions have shown comparable or higher list prices. This suggests the property is potentially priced competitively within the local market. However, the requirement for extensive renovations needs to be factored in when evaluating overall value.

Based on the provided photos, the property appears to be in need of significant modernization and refurbishment. While the stone exterior might be structurally sound, the interior finishes, fixtures, and fittings are dated and show signs of wear and tear, including evidence of potential mold. This necessitates substantial investment before the property reaches a habitable condition.

The property is situated in Adpar, a village close to Newcastle Emlyn, a popular market town. This provides a reasonable level of access to amenities and services. The proximity to schools, although not exceptional in terms of distance, adds to the locational appeal for families. However, the lack of detailed information on local facilities and the absence of nearby transportation options slightly lowers the score.

The property includes a small garden area, which is a positive aspect. However, the size appears to be relatively limited, based on the images. The lack of precise plot size data further impacts the score, as a more extensive garden would warrant a higher rating.