Morgan & Davies says ..

Property Oracle says ..

This property in Llanafan, Aberystwyth presents a unique opportunity for buyers seeking a project. The stone-built house is situated in a peaceful rural location within the scenic Ystwyth Valley. While offering five bedrooms and two bathrooms, the property is in need of significant modernization and renovations. The kitchen and bathrooms, as shown in the images, require upgrading, and the interior shows a need for cosmetic work, such as flooring and redecoration. Despite this, the strong structure of the building and generous land area (2,518 sqft and additional land) are attractive features. The lack of nearby transportation may be a limiting factor, with the nearest schools located several kilometers away. The asking price of £489,000 is fairly priced when considering the required improvements but a precise evaluation is hampered by the missing square footage information. Buyers should factor in considerable renovation costs before committing to a purchase. The property’s rural location offers a quiet life and potential for a beautiful, modernised family home but is far from the amenities of Aberystwyth. The considerable land could be a valuable asset for buyers. Overall, this represents an investment property with the potential for high return after renovation but requires careful consideration of costs and location factors.

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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