Worst House on the Street Logo
Felinfach, Lampeter - Image 1
Felinfach, Lampeter - Image 2
Felinfach, Lampeter - Image 3
Felinfach, Lampeter - Image 4
Felinfach, Lampeter - Image 5

Felinfach, Lampeter

Wales

£275,000
Listed on 08/01/2024

Property Details

Bedrooms
N/A
Type
Detached house

Description

This rural development site presents a promising opportunity for those looking to invest in the Aeron Valley. With detailed planning consent already in place for five dwellings, this property offers the potential to create a unique residential community. The vendor is open to considering expressions of interest for individual plots or the entire site, allowing for flexible investment options. Situated on the outskirts of Felinfach, this location boasts good access to essential amenities including shops, a public house, post office, primary school, and various employment centers. The charming Georgian harbour town of Aberaeron is just six miles away, while Lampeter and Aberystwyth lie to the north and south respectively, making this area an attractive choice for families and professionals alike. The elevated position of the site provides pleasant views over the Aeron Valley and surrounding fields. The existing planning consent allows for three detached homes catering to the open market and two semi-detached properties designated as affordable housing. Initially granted in 2013 under application number A130477, it has been confirmed that preliminary work has commenced to fulfill planning requirements. The layout includes a private access road enhancing privacy and ease of movement within the development. Plot details include: - **Plot 1**: A spacious detached home featuring four bedrooms and two bathrooms, complete with an integral garage. - **Plots 2 & 3**: A pair of semi-detached residences classified as affordable housing, each with three bedrooms. - **Plot 4**: Another detached property similar in design to Plot 1, offering four bedrooms and two bathrooms with an integral garage. - **Plot 5**: This corner plot provides ample privacy alongside four bedrooms and two bathrooms with an integral garage. Services available at the site include mains electricity and water connections nearby, subject to applicable charges. Additionally, arrangements have been made for private drainage systems that comply with current regulations regarding water discharge. This site is not only a blank canvas for potential buyers but also represents a solid investment opportunity in a desirable rural setting—perfect for those wishing to contribute to local housing solutions while benefiting from its prime location. Further information can be obtained from our agency upon request.

Investment Analysis

(SA48 area)
Area Average
£222/sq ft

Renovation Potential

Est. Renovation Cost
£27,500 - £68,750
10-25% of property value
Monthly Sales
7
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SA48)

Area prices are falling by +10.0% over the last 12 months
3 year growth: -6.6%
5 year growth: 25.0%
Investment Disclaimer: Analysis based on SA48 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Felinfach, Lampeter
Map showing location of Felinfach, Lampeter
Open Map