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Talybont, Aberystwyth

Wales

£375,000
Listed on 07/04/2024

Property Details

Bedrooms
3
Type
Detached house
Area
1577 sqft

Description

This spacious detached former manse features three bedrooms and presents an excellent opportunity for renovation, located in the desirable village of Talybont. While the property retains its traditional charm, it requires modern updates to realize its full potential as a comfortable family home. Set within above-average grounds that are primarily laid to lawn, there is ample outdoor space for expansion, should one choose to pursue this option with the necessary planning permissions. The property includes an attached garage and off-road parking, adding convenience for residents and guests alike. Inside, the accommodation comprises a welcoming reception hallway leading into a generous living room with a classic cast-iron fireplace and a separate dining room featuring another appealing bay window. The kitchen has distinct areas for functionality and offers potential for redesign. A utility room and a downstairs WC enhance practicality on the ground floor. The first floor consists of three well-proportioned bedrooms. The main bedroom benefits from an ensuite bathroom, while the other two bedrooms share access to a family bathroom that includes both a bath and shower cubicle. Each bedroom features ample light from windows overlooking the scenery. Located just seven miles north of Aberystwyth along the A487 trunk road, Talybont offers essential local amenities such as a primary school, public house, village shop, and garage. The nearby market town of Machynlleth provides additional services and schools, while coastal resorts like Borth and Ynyslas are also within easy reach. With mains gas, electricity, water, and drainage connected, this freehold property is not only an attractive residential option but also poses significant investment potential in this sought-after area.

Investment Analysis

(SY24 area)

Below Market Value

This property is priced -1.8% below area average per sq ft

-1.8%
Potential saving
This Property
£238/sq ft
Area Average
£242/sq ft

Renovation Potential

Est. Renovation Cost
£37,500 - £93,750
10-25% of property value
Target Value
£419,884
10% above area average per sq ft
Potential ROI
-10.4%
After renovation
Monthly Sales
3
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SY24)

Area prices are rising by +13.6% over the last 12 months
3 year growth: 0.5%
5 year growth: 44.6%
Investment Disclaimer: Analysis based on SY24 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

Talybont, Aberystwyth
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