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Aberbanc, Penrhiwllan, Llandysul

Wales

£85,000
Listed on 04/06/2022

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a noteworthy opportunity in a desirable rural setting, boasting expansive views that enhance its appeal. With planning permission already secured (planning application number A050835), the site is approved for the construction of a three-bedroom detached house featuring a spacious lounge and kitchen dining area. Additionally, there’s ample garden space and parking available, making it an attractive prospect for families or those looking to invest. Situated along a tranquil B road, the plot is conveniently located just one mile from Henllan, known for its historical significance as the site of an Italian prisoner of war camp. The area offers scenic qualities, including proximity to the picturesque River Teifi and local coastal attractions such as Llangrannog Cove. Access to major routes like the A475 facilitates travel to surrounding towns, with Newcastle Emlyn located approximately three miles to the south and Cardigan and Lampeter both within 15 miles. This positioning allows for easy exploration of the stunning Welsh countryside. The land itself benefits from its elevated position above surrounding fields, providing unobstructed views and access to Afon Cynllo, which flows through this serene landscape. The groundwork has been initiated by the current owners, who have cleared areas for pedestrian pathways and begun establishing access points in accordance with planning regulations. Given that full planning permission remains active—set to expire five years from October 31, 2005—this plot represents a unique chance for potential buyers to develop their vision in a charming community.

Investment Analysis

(SA44 area)
Area Average
£251/sq ft

Renovation Potential

Est. Renovation Cost
£8,500 - £21,250
10-25% of property value
Monthly Sales
7
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (SA44)

Area prices are falling by +16.1% over the last 12 months
3 year growth: -9.2%
5 year growth: 15.0%
Investment Disclaimer: Analysis based on SA44 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

Aberbanc, Penrhiwllan, Llandysul
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